A comeback for coal
With gas prices soaring, it seems inevitable that coal - the Cinderella of energy resources - is bound to return to the forefront. But how long will it last? asks Eric Fishnaut
With the continued upward price trend of natural gas, coal has returned to the forefront as a workable energy source. Demand for coal is escalating and higher profits are causing producers to ramp up production in order to meet demand. Utilities are continuing a slow move toward cleaner coal-burning facilities, while closing those that are unable to meet environmental regulations. After appearing to be an all-but-abandoned resource, coal is reemerging as the other major fossil fuel.
Coal reserves
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