Coal Is Going Down Down Down – It couldn’t happen to a nicer industry

Lets see they lie, cheat and steal. But they also pollute the heck out of the environment and they get people killed. I am going to miss these guys.

U.S. coal use falling fast as utilities switch to gas

By Jonathan Fahey, Associated Press

NEW YORK – America is shoveling coal to the sidelines.

The fuel that powered the U.S. from the industrial revolution into the iPhone era is being pushed aside as utilities switch to cleaner and cheaper alternatives.

The share of U.S. electricity that comes from coal is forecast to fall below 40% for the year, its lowest level since World War II. Four years ago, it was 50%. By the end of this decade, it is likely to be near 30%.

“The peak has passed,” says Jone-Lin Wang, head of Global Power for the energy research firm IHS CERA.

Utilities are aggressively ditching coal in favor of natural gas, which has become cheaper as supplies grow. Natural gas has other advantages over coal: It produces far fewer emissions of toxic chemicals and gases that contribute to climate change, key attributes as tougher environmental rules go into effect.


Go there and laugh, I mean read. More tomorrow.


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