How to Play Coal’s Demise

Posted by Keith Kohl Editor, Energy and Capitalh

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The United States isn’t the only country hoping to curb its exorbitant coal consumption by taking even more drastic steps than setting incredibly difficult carbon dioxide standards.

China, for example, is outright banning the construction of all new coal-fired power plants near three major industrial regions. The goal is simple: Cut the country’s coal consumption enough so the fossil fuel accounts for only 65% of total energy mix (it’s currently in excess of 70%).

One of the consequences, however, is the threat to U.S. coal exports, which have been steadily rising since shale gas emerged as a cheap, abundant source of energy during the last five years.

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…..more commentary & charts HERE