Claim: Due to fossil fuel divestment, the International Energy Agency found that between 2010 and 2015 the US coal sector had cut its value in half including Peabody Energy which is at a quarter of its share price.
Evidence: In June 2014, the International Energy Agency released an independent analysis on the effect of carbon emissions controls. This estimated that $300 billion in fossil-fuel investments would be stranded by 2035 if cuts in carbon emissions are adopted so that the global mean surface temperature increases by no more than 2 °C. It found that Peabody Energy, the world's largest private coal mining company, had lost 80% of its share price over this time. A report by the Carbon Tracker Initiative found that between 2010 and 2015 the US coal sector had lost 76% of its value including the closure of 200 mines.