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To: Oldeconomybuyer
The bad news for the fellows in this article is that the Obama administration is waging a war on coal here in the U.S.

The good news is that China, India, and other countries with something like 60% of the world's population isn't held to any standards when it comes to the burning of fossil fuels.

The really good news is that all of these countries are building coal-fired power plants like there's no tomorrow.

The really, really good news is that U.S. coal mines are shipping a lot of coal overseas to these countries so they can burn coal in their new plants ... since the coal that they burn there apparently doesn't cause global warming climate change.

7 posted on 05/31/2014 6:50:44 PM PDT by Alberta's Child ("What in the wide, wide world of sports is goin' on here?")
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To: Alberta's Child

Being the cynical person that I am, it is my firm belief that the real story behind trying to shut down American coal companies is so China can buy up all the assets cheap.

China would love to have the relatively cheap and clean coal that is American coals instead of having to use their third-rate dirty coal.


8 posted on 05/31/2014 7:04:54 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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