Coal has a history. In synergistic symbiosis with steel-making and steam engines it fuelled the industrial revolution. Replaced slavery and became the dominant economic industry on the planet for a few decades.
In the present coal appears to be dying. The bankruptcy of Peabody energy, the last big private coal producer in the US and the conviction of Blankenship, a mine owner for a mining disaster are events that could never have been imagined during the days of King Coal.
Does coal have a future? Or under the influence of campaigns like the coal disinvestment movement will it be relegated to a small scale resource, exploited for its local convenience and no longer exist as a major player in the global energy markets? Continue reading
Last few Posts