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Reply to "Trump Fights Non Existent War on Coal"

MonkeysUncleByMarriage posted:

There is no miracle, instant or otherwise.   There will be no recovery.  I guess you know more than the people who actually own coal companies.   Renewable energy is where everyone is going.   Coal will not rebound.   Chrissakes, that's like thinking the horse and buggy industry, with the right time frame and motivation could come back and compete with cars.  It is ludicrous.  

Actually there is some possibility for a small comeback, it's from exports. Reports are that the world economy is starting to thaw and the choice in fossil fuels in Europe are natural gas from the unstable Russian Republic, oil from insane Islamic countries, or coal from Appalachia or western low sulfur coal. Of course, everyone in Europe might choose to tilt at windmills like quixotic Germany.

US coal exports higher in November, including China-bound cargoes

 

US coal exports totaled 5.95 million mt in November, up 34.8% from the prior month and up 39.2% from the year-ago month, US Census data showed Friday.

Last edited by Stanky

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