The Conversation (0)
Coal’s Problems Not Just About Emissions Regulations
Feb. 15, 2012 09:52AM PST
Industrial Metals Investing
Forbes reported that the US coal industry is facing challenges not just from environmental regulations, but from depleting reserves.
Forbes reported that the US coal industry is facing challenges not just from environmental regulations, but from depleting reserves.
As quoted in the market news:
If you think the Environmental Protection Agency is the primary source of coal’s troubles, think again. Abundant shale gas supplies are one reason. But so too are diminishing reserves, all of which take more labor and more money to dig out.