InvestorsHub Logo
Followers 486
Posts 63655
Boards Moderated 3
Alias Born 09/21/2006

Re: Mick Dodge post# 310

Tuesday, 06/19/2012 10:27:24 AM

Tuesday, June 19, 2012 10:27:24 AM

Post# of 432
$ECTH Coal is under particular scrutiny as power plants utilizing this type of fuel emit twice as much CO2 than gas, threatening to worsen climate change. As well, coal is an abundant and reliable source of energy for many countries and currently represents one-third of total electricity production in Europe (Poland is 92% dependent on coal for electricity and Germany around 50%, according to the Commission). Coal is therefore likely to remain an important component of the EU’s energy mix for the foreseeable future, with efforts also being made outside Europe to “clean up” the fuel, especially in China and the US, which are home to the world’s largest reserves. Now coal-fuelled power producers are turning to “green-fuel” biofuel to meet their targeted emissions reduction.

Click on my logo below to get my current picks: