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    coal investing

    EPA Warming Plan Under Fire in House

    Investing News Network
    Feb. 09, 2011 10:16AM PST
    Industrial Metals

    MSNBC reported that a political battle is brewing in the US over potential new emissions rules that some believe will create a “war on domestic coal”. The articles states that: “Coal is the energy source America possesses in the greatest abundance,” Whitfield, chair of the Energy and Power Subcommittee that called Wednesday’s hearing, added in […]

    MSNBC reported that a political battle is brewing in the US over potential new emissions rules that some believe will create a “war on domestic coal”.

    The articles states that:

    “Coal is the energy source America possesses in the greatest abundance,” Whitfield, chair of the Energy and Power Subcommittee that called Wednesday’s hearing, added in his opening statement.

    “It provides half the nation’s electricity, and 92 percent in my home state of Kentucky,” he said of coal, which emits more carbon dioxide than other fuels. “And it does so because it is affordable.”

    To read the full article, click here.

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