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Peabody "clean coal" ad ruled misleading by U.K. regulator

Aug. 20, 2014 4:57 PM ETPeabody Energy Corporation (BTU) StockBTUBy: Carl Surran, SA News Editor5 Comments
  • An advertisement from Peabody Energy (NYSE:BTU) promoting coal as an energy source is misleading in its use of the phrase “clean coal,” according to the U.K.'s regulator for advertising standards.
  • Upholding a complaint from the World Wildlife Fund, the regulator says consumers were likely to interpret the advertisement as a claim that “clean coal” processes don’t produce carbon dioxide or other emissions, and the ad must be changed before it runs again.
  • The agency rejects a complaint from the WWF that BTU’s statement that “energy poverty” is the biggest human and environmental crisis was misleading and unsubstantiated.

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