Coal may be down, but it is not out yet, and as long as that is the case, there will be an opportunity for enterprising investors with strong stomachs to find opportunities.
- Global coal use is still expected to increase through 2040
- In the US coal is still used produce between 35% and 40% of electricity.
- Natural gas switching in the US is occurring, but when the price rises above $2.50 mmBtu it becomes more cost effective to burn coal
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