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Coal traffic decline
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<p>[quote user="MidlandMike"]</p> <p> <blockquote> <div><img src="/TRCCS/Themes/trc/images/icon-quote.gif" /> <strong>Bucyrus:</strong></div> <div></div> <p class="MsoNormal" style="margin:0in 0in 0pt;"><span style="font-family:verdana,geneva;"><span style="font-size:small;">So, in reading this thread, the overall consensus seems to be that coal is declining because of tightening regulations on emissions of nuclear fallout and mercury, the substitution of lower cost natural gas, and the warm winter.</span></span></p> <p class="MsoNormal" style="margin:0in 0in 0pt;"><span style="font-size:small;"><span style="font-family:verdana,geneva;"><span style="font-size:small;"> </span></span></span></p> <p><span style="font-size:12pt;mso-fareast-font-family:'Times New Roman';mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA;"><span style="font-family:verdana,geneva;"><span style="font-size:small;">But, the decline of coal has nothing to do with an intention of reducing CO2.</span></span></span></p> <div style="clear:both;"></div> <p> </p> </blockquote> </p> <p>Many investors have put their money into renewables which have tax incentives, and avoided coal fired power because if some uncertainties in their future.</p> <div style="clear:both;"></div> <p>[/quote]</p> <p><span style="font-family: verdana,geneva;"><span style="font-size: small;">Well, that sounds like the decline of coal does have something to do with an intention of reducing CO2 if a requirement to reduce CO2 is one of those uncertainties in the future of coal fired power. </span></span></p>
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