by Gaazy » Sat Nov 17, 2012 1:28 pm
I really didnt really want to go into it here, but ok.
even though it is my industry and pays my bills... lets get one thing straight. There is no such thing as 'clean' coal technology. Its kind of an oxymoron. Coal is dirty. Sorry but its true. Only the idiots around here believe they can clean it up 100%. Too many byproducts. Sad but also true. Things can be done to make it not as bad, but its so expensive the power companies just shut the plants down and blame the EPA.
Both of those guys have talked about clean coal technology, and both are just trying to please people. Neither of them would have been a help to me and mine. As brinstar said, the reason the coal market is down, for one reason, is gas. Another major reason is just the global market.
Most of my customers are metallurgical coal, which WV has the highest quality in the entire world of. Thats why im still doing ok mainly. Anyone producing steam coal out of here are hurting right now. Illinois is producing a lot right now though