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CSX CEO says it will buy no more cars or locomotives for dying coal transport
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<p>[quote user="Euclid"]you and I know that to be a fact, but we will never be able to convince those who can explain the economics of competing fuels with just one sentence.[/quote]</p> <p>The 125 year you talk of are weather not climate data. The latter go much further back through tree examinating, ice drill cores from Greenland and Antarctica etc.</p> <p>I can't answer your question directly but perhaps there is a similar mechanism like in Germany.</p> <p>Here renewable energies have fixed price that is higher than the market value. If renewables are available the have to be taken first. Additionally we pay a fee to balance what industries depending heavily on electricity (Aluminum) don't have to pay. Our cost have more than doubled since 2000.</p> <p>The plan here was to replace coal by gas power plants. That doesn't work because the energy costs from conventional plant dropped that much because of the preference for renewables the gas plant aren't economical anymore.<br />Regards, Volker</p>
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