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Could this Be the Death Knell for Coal Stocks?

Anonymous2012 Wrote: Apr 17, 2012 9:30 AM
I work in the oilfields and have family who work in the coal mines. A sensible approach would be to first jerk really hard on the EPA's chain and bring them to heel. Then use both natural gas and coal together to fire the plants. There is a cutthroat mentality between the oil and coal industries that needs to go away. All of us that want to see this country achieve energy independence need to come together if we are to survive the onslaught from idiots that have no real understanding or common sense and that are in our government and schools pushing the "no more CO2" agenda.
Krazeehors Wrote: Apr 17, 2012 5:05 PM
Good commdent. Having lived in Southern Illinois when the coal industry was suffering, it was terrible to see coal miners lose their jobs and their livelihood because coal is inefficient. Obama was one of the people behind destroying the coal industry in Illinois.
Reginald10 Wrote: Apr 17, 2012 2:49 PM
Good thought. The Powerplant at Penn State's Main Campus is built to burn coal, oil, or gas; and they burn whichever is cheapest.

You probably haven't heard this story -- it's been overshadowed by the media's ubiquitous coverage of the Supreme Court health care case.
 
But while every back was turned, the Environmental Protection Agency (EPA) quietly released new regulations that could cripple, or possibly even kill, many U.S. coal companies.

On March 27, the EPA unveiled a stringent proposal to limit any new power plant to a maximum emission of 1,000 pounds of carbon dioxide (CO2) per megawatt of electricity produced. The average coal-fired plant currently operates well above that threshold, releasing 1,768 pounds of CO2 per megawatt.
 
As I've told...

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