Stream Energy is a company headquartered in Dallas, Texas that provides energy, Internet, surveillance, protection, and home service contracts to customers throughout the Midwest, Southeast, and Northeast regions of the United States of America. Stream Energy is a proponent of alternative energy sources that don’t harm the environment, Stream Energy is in full support of the phasing out of coal in the United States, as well as the world, at large.
What’s Going On With Coal Here In The United States Of America?
A study done by certified government officials in the United States of America found that coal was the number-one source of energy – used for everything from powering large power plants, all the way to individuals’ stoves to heat homes – as recently as 2005.
That year – 2005 – the United States’ total energy production was made up of 50 percent coal. Eleven years later, in 2016, coal was no longer the most popular form of fuel for providing energy to the people of America – natural gas was.
Coal Companies Took A Major Hit
Today, people like green initiatives and generally aren’t comfortable with using harmful petrochemicals for energy, or for any purpose, really. As such, tons of coal companies, including power plants that formerly used coal as a major form of energy, failed starting in 2015.
Patriot Coal, Alpha Natural Resources, and Walter Energy, three very large coal mining giants, failed in 2015 and closed their operations. Arch Coal followed suit in 2016, a major blow to the world of coal in North America, as Arch Coal was the second-largest such coal mining organization in the United States. See This Page for additional information.
Peabody Energy Corporation, itself also a leader in producing coal on a global scale, experienced negative financial results from the shift away from coal in the United States and filed for bankruptcy slightly more than one year ago. 200 other coal power plants have followed suit since 2000.
Stream Energy is happy to see the world switching to alternative forms of energy. The company is based in Dallas and employs roughly 250 individuals.