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Wednesday, July 20, 2011

Why Coal Prices Will Soar in the Coming Years

Why Coal Prices Will Soar in the Coming Years

World energy policy is gripped by a fallacy — the idea that coal is destined to stay cheap for decades to come. This assumption supports investment in ‘clean-coal’ technology and trumps serious efforts to increase energy conservation and develop alternative energy sources. It is an important enough assumption about our energy future that it demands closer examination.
There are two reasons to believe that coal prices are likely to soar in the years ahead.
First, a spate of recent studies suggests that available, useful coal may be less abundant than has been assumed — indeed that the peak of world coal production
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1 comment:

Coal said...

coal statistics would suggest the commodity isn't going anywhere. Coal reports show if we have to live with it, we may as well reduce the impact of coal and CCS seems to be the best solution found to date. Cherry www.coalportal.comWhile for some an ideal world would see no reliance on coal industry to produce electricity,