The Anonymous Widower

Coal Is On The Way Out!

In my view, the only sensible use for coal, is using it to create products for  uses like medicines.

The Army also found a use for coal, when they got National Service recruits to [paint it white to give them a job to do.

But two stories tell the world that the Western World has decided that coal is like the lady and not for burning.

 

This story in the Guardian is entitled Peabody Energy, world’s largest private coalminer, may file for bankruptcy. This is said.

The world’s largest private coal mining company is teetering on the edge of bankruptcy, driven to the brink of collapse by plummeting energy prices around the world, cheaper and less polluting rivals such as natural gas, and widespread economic uncertainty.

When you consider that to get the same energy out of natural gas compared to coal, you generate a lot less carbon dioxide and a lot less of other pollutants, is it surprising? Especially, as the whole process is probably cheaper!

This story in Rail Magazine is entitled FLHH axes 145 jobs as coal cuts bite. This is said.

Freightliner Heavy Haul (FLHH) is to cut 145 ground staff, shunting and driving jobs as the closure of coal-fired power stations accelerates.

Economic forces are seeing that King Coal is killed.

I won’t be shedding any tears.

 

March 17, 2016 - Posted by | World | ,

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