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re: Top WH Advisor: Coal doesn't make sense anymore

Posted on 5/26/17 at 2:43 pm to
Posted by antibarner
Member since Oct 2009
23763 posts
Posted on 5/26/17 at 2:43 pm to
There are good markets for coal. Exports, and yes domestic power production , not to mention the steel industry. We will have plenty of coal when the natural gas is all gone.
Posted by BestBanker
Member since Nov 2011
17494 posts
Posted on 5/27/17 at 9:19 am to
quote:

There are good markets for coal. Exports, and yes domestic power production , not to mention the steel industry.


Coming here to post this.

No coal...

No steel. Currently 70% of all steel manufacturing uses coal to fuel furnaces. Obvious change could occur but is costly and would take time.
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