Utilities Continue Scrapping Coal (BTU)

Utilities Continue Scrapping Coal

As many of the nation's coal plants continue to age, bringing them back up to code and extending their productive lives is becoming more and more of a costly endeavor, all the more so due to new EPA restrictions on emissions standards. When you combine that with the ever-falling price of natural gas, coal's newest and most aggressive competitor, you start to get a picture of how utilities companies are looking at coal these days, and what this could mean for the coal industry as a whole. In this video, Motley Fool energy analyst Taylor Muckerman takes us through some of the specifics of how coal companies are suffering, as the competition continues to get tougher year by year.

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Report this Comment On November 16, 2012, at 11:47 AM, Paulson545 wrote:

Did T Boone Pickens signal the bottom in the coal stocks when he bought 275,700 shares of Arch Coal ? jmho
Report this Comment On November 16, 2012, at 4:37 PM, jg215 wrote:

EIA recently came out with a report stating that coal's share of US energy generation is expected to grow from 37.5% in 2012 to 40% in 2013. How does that factor into your claim that "utilities continue scrapping coal"?
Report this Comment On November 16, 2012, at 4:43 PM, jg215 wrote:

Also, I would not cite Union of Concerned Scientists as a unbiased study...
Report this Comment On November 16, 2012, at 11:32 PM, 13CROSSBONES wrote:

Excelon sold biomass fuel plants to IHI Corp of Japan did they not.
Report this Comment On November 18, 2012, at 9:03 AM, Paulson545 wrote:

With 47 million Americans on food stamps why aren't we turning more coal into transportation fuel and diesel. Using food for fuel is immoral when America has so much coal.