Gas price volatility, capital expense, pipeline shortage helps coal

The San Antonio News Express reports:

These would seem to be dark days for coal.

The Obama administration last week proposed tighter rules on carbon emissions from electric power plants — just weeks after seeming to give the industry some wiggle room by postponing a rule on pollution that crosses state lines.

The carbon emissions rule would apply only to new plants, but some industry advocates say it will threaten the viability of coal as a domestic fuel source.

Meanwhile, natural gas is increasingly attractive as a power plant fuel because it burns with far fewer greenhouse gas emissions than coal and is trading at its lowest price in years.
But don’t be too quick to write the obituary for coal’s dominance in generating electricity…

Read the entire report.

Leave a Reply

Your email address will not be published.