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Bad news is there is plenty of coal elsewhere and burning it causes massive pollution and global warming.
“China is near a coal shortage, reports Huang Jingjing: "A severe coal shortage has caused power supplies to factories and residential neighborhoods to be temporarily suspended across seven provinces and regions, as the nation's energy shortage worsens. Coal reserves have been emptied by a huge surge in power demand, prompted by a cold weather front that swept China last week, according to the State Grid Corporation, China National Radio (CNR) reported Sunday. In northwest Shaanxi Province, 14 major thermal power stations had only enough coal stocks for four days, with two others already empty. Due to this worrying state of affairs, many enterprises and residents in the province have received notice of impending power cuts, according to the local China Business View."”
Most RecentMost Recommended Comments (2)
at 00:31 on December 24th, 2010
why this is good news for west Virginia?
at 03:10 on December 24th, 2010
If West Virginians could ship it cost effectively, that would be a market. Since demand is increasing globally, West Virgina should be benefiting from price increases as a global supplier. Since coal accounts for nearly half of the nation's electric power, West Virginia should no longer be a Welfare State.