Fat Prophets' Lennox Expects Coal Prices to Rise Further





Fat Prophets' Lennox Expects Coal Prices to Rise Further



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Coal is the official state mineral of Kentucky.


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About: Fat Prophets' Lennox Expects Coal Prices to Rise Further


Coal is no longer a viable resource for power as it is becoming too expensive and is diminishing, If the world wants to move forward with environmental solutions it needs to stop relying on it and find green solutions. Easier said than done i know. I understand what has happened with Nuclear has made people very against nuclear, however it is the most effcient way and can act as a backup until solutions are found.


Coal stock


Coal is extracted from the ground by coal mining, either underground by shaft mining, or at ground level by open pit mining extraction.

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Coal is primarily used as a solid fuel to produce electricity and heat through combustion. World coal consumption was about 7.25 billion tonnes in 2010 The price of coal increased from around $30.00 per short ton in 2000 to around $150.00 per short ton as of September 2008. In early 2015, it was trading near $56/ton.