"Its the market killing coal not regulations."

How true is this statement?

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youtube.com/watch?v=fVW9g9JVCY4
youtu.be/twQB29LNvCk
bloomberg.com/news/articles/2017-01-31/u-s-wind-solar-power-focus-on-rural-jobs-as-trump-touts-coal
fortune.com/2015/01/16/solar-jobs-report-2014/
independent.co.uk/news/world/americas/us-solar-power-employs-more-people-more-oil-coal-gas-combined-donald-trump-green-energy-fossil-fuels-a7541971.html
hcn.org/articles/oakland-california-coal-export-terminal-ban
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Why should coal live?

>currently
Not
>in 10 years
Somewhat

False, Coal will be relevant until we move to Atomic power of some sort or some non meme fuel that isn't wind or solar.

The market is also killing coal mining. It's not being down in Pennsylvanian and Appalachian mines anymore. It is being done by ripping open mountains in Wyoming and North Dakota. Those jobs are never coming back.

But... but... but... MOTHER EARTH IS CRYING user

DON'T YOU LOVE THE POLAR BEARS?

Replace coal with solar and it's an accurate statement. The only reason solar exists is because of billions wasted in subsidies.

Its not completely true, but for the most part, yea. The market has less need for coal than it did 20 years ago. What coal people do need come from other, easier to get, sources outside the US. The US has used up a lot of the easier to get coal.

It's true. The market for coal is low. But that's because the market is slanted for oil. Clear out the regs and it will balance out again. Along with renewable in the (few) places it would be profitable.

So its not economic to mine it the Appalachian way? Any idea on the mining cost for comparison?

I've been listening to NPR bag on coal all day without getting into the cost. They're tying to give the impression that the market is virtue signalling and wont use "dirty coal" anymore.

not mining coal here in the US doesn't kill the coal industry, it only moves it to less regulated countries and actually does more harm to the environment in that case.

coal is cheap, means cheaper energy cost.
means people can use more energy. means more production.

the point is whether we can harness the energy cleanly or at least more cleanly than other countries.

I'm a stockbroker who has been dealing with the energy sector for almost a decade.

I could write a long letter regarding this, but lets keep it simple.

Peabody Energy has been around for more than 100 years, biggest supplier of coal in America. After Obongo took office, he implemented some bullshit regulations with the intents to destroy the coal industry, legally, with the help of Global Warming drones (Climate change is used for political & financial reasons, the average dummy would not understand, it is built to appeal the average well meaning faggot liberal)

A hundred year old company, successfull, completly crushed and near bankruptcy over 8 years of Obongo.

Coal plants are expensive to build and maintain, they ruin local groundwater, can cause all sorts of health problems in local communities, and are becoming less and less competitive compared to other energy sources. The only legitimate choice is the next generation of nuclear, which is cleaner and produces more energy than any fossil fuel or 'renewable'. Higher initial investment cost, but far safer and far more power overall.

Its pretty true. The market killed coal and regulations were just a few extra nails in the coffin

Unless natural gas becomes far more expensive coal will not be competitive

It's already largely being replaced by natural gas

Also, those "meme" fuels are responsible for almost 10 times as many jobs as coal mining

Market manipulation of the energy industry is killing coal.

Coal is the most expensive current power generating technology. Natural gas and solar panels are both cheaper. Coal will continue as legacy fuel and for the chemical industry.

its true now that coal is unbanned.

Eh, the market is part of it, but if the regulations and insane subsidies are scaled back massively those jobs would come back. There is this meme that the Appalachians are just out of coal, but that isn't true. The infrastructure is just dilapidated.

The rigged Jew market, yes.

I witness with mine own eyes all the faggot creeps who live by sucking mutilated jew cock destroying their coal infrastructure so they could ride the jew gas bubble from fracking. All we really have to do is hang them for crimes against the planet and openly supporting jews, and then go back to coal.

Thorium reactors when?

Kids want to pay more for electrons.

Soon™ (hopefully)

Because it provides thousands of jobs

It's not. Unless you call "the market" Obama's crushing EPA regulations

Not a cost comparison, but the surface mining (open pit) is mostly Wyoming and Illinois. Wyoming now produces 43% of all US coal.

Solar is no meme user, it will probably be in every house in a decade or so

> 1st and 2nd world countries all over the planet go green
> USA starts mining coal again

Can't make this shit up.

Solar is the absolute biggest fucking meme. It is worse for than environment than almost everything except coal because of the lithium mining and the fact that they break so easily. It isn't efficient, it isn't cost effective, the only reason it is pushed is because it can be used easily in third world countries without a power grid.

Why the fuck are people using solar and wind, they are billion dollar meme power. Unless you live off the grid these sources of power are useless.

they are one of the few animals left that will actively hunt a human given the chance.
fuck em.

Solar costs more than it makes and is terrible for the environment.
The only reason to use it is being unable to easily use other power generation methods

Coal is actually the cheapest & most easily transportable type of energy that exists.

>2nd world
>green
Show me an example

Until you have graphene batteries its a meme.

China

go green is a retarded buzzword. even you nazis primarily use coal

He is telling the truth, China and India are """"""trying"""""" to go green, but we'll see how that goes.

>Put massive regulations on coal
>Give massive subsidies to green energy

Free market at work boys.

Not sure about solar, but those fucking windmills will never create the amount of energy it takes to build them.

You see the fossil fuel line moving down instead of up, yes?

>MFW I'm posting with a (indirectly) coal powered computer

Huge reserves of coal were discovered last year in Kentucky. Analysts then went on to explain that although its there, its not economical to extract it.

Peabody, the worlds largest coal company filed for bankruptcy because the margins just aren't there.

Coal is dying and nothing short of a law requiring us citizens to buy it at inflated prices is gonna save it.

Its probably both. Needs to be deregulated, but it will eventually die anyways as we find better alternate energy sources obviously. We need to be using nuclear power by now en masse anyways. Fucking faggots everywhere afraid of "muh nucular radiashin, muh fukushima!"

We should round up all our communists and put them in China and India. And then glass them with nukes.

It would be the best long term thing for the global ecology.

We don't have enough lithium on the planet to power the US with solar and wind let alone the rest of the world. Let's talk about thorium reactors instead.

The solar industry has been saying that since the 70s.

Is there a source on this? I've always heard libruls spewing at me that solar is cheaper

> market killing coal
For 8 years obama epa: Use coal and we will fuck you

NPR seems to mix up and confuse coal mining with domestic use I think.

I see it dead flat for 35 years.

Coal is going out. I always found this political stunt pretty hilarious. "Oh, the poor coal miners. Nevermind the fact that generations of people have suffered and died mining coal, we need to fight to get these people back down in those fucking mines ASAP. I don't even care if it's a viable strategy, we need them down there for the nostalgic feels of industrial America!"

I bet you think those panels get produced using clean methods as well. Minerals don't just come out of the ground ready to be put in a solar panel, they have to be mined, smelted and chemically washed. All of which processes produces some nasty shit.

Peabody's going bankrupt because Obama is literally rigging the market through regulation. It's impossible to meet the standards that were created specifically to cripple coal and still make a profit. Which was the entire point in the first place. Once the regulations are lifted coal companies can actually make money again, and the FREE market will solve the rest.

The ONLY reason to get solar is so that you can save money in the long run, don't pretend you're saving the environment, or that the energy is efficient.

Nuclear energy is the only green alternative that makes any sense.

Solar isn't fucking cheaper, but coal isn't nearly as cheap as it used to be. Mainly due to regulations, but there is some market forces at work. Solar is absolute shit from an objective standpoint. Coal isn't very good, it still has its uses. Nuclear is the best option by far though. France has proven a nuclear power country is feasible. Wind is okay too, but it still isn't incredible.

Remember in 2008 when Obama literally said on TV that he was going to bankrupt the coal industry.

That was almost as good as the time he got on TV to run a pump and dump for Kikebook.

>Peabody Energy

>Looks at the 2016 10K.
>Chapter 11.. Chapter 7
>Going concern all over

You weren't kidding.

Coal is dead.

2 of the last 3 coal mining companies recently went bankrupt. They had an interview with the guy running the last one. He said its no longer a coal mining company, its an earth moving company. He said the amount of dirt they have to move just to get coal is astounding. Apparently the supplies of coal in the US are basically gone. He estimated his company would fold in the next 10 years.

It means nothing that they're relaxing restrictions on it since its gone anyway.

Obama promised it, literarily.

" If you want to build a coal power plant, I'll bankrupt you"

youtube.com/watch?v=fVW9g9JVCY4

It's called the free market you filthy commie,

>heavy metals and acid barrels used to make a panel that can barely light a bulb
The chemical energy and environmental damage needed to manufacture these inefficient pieces of garbage is sickening

youtu.be/twQB29LNvCk

1. Regulations from a nigger muslim create high costs of creating energy from X.
2. Companies decrease creating energy from X and instead do it with a more expensive Y.
3. Consumers bear the brunt of the change including the poor and middle class.
4. "Its the market killing coal not regulations." Your statement is false friendo.

People wont make breakthroughs in fusion energy if climate change continues at this rate, burn all the coal and breed all the cows. Maybe then it will be enough of a change for people to start innovating.

Source?

Pretty true. The BTU value of coal mined in the U.S.A. is dropping. Virtually all of the high value coal like anthracite is gone. Probably amounts to about 2% of annual volume.

Even the bituminous coal is disappearing, with sub-bituminous now making up about 60% of annual volume. At the same time that the cost of mining the coal is going up its value is going down. The electric utilities that buy coal will no longer pay by the ton but rather by the BTU per ton. This means testing every railcar load that arrives at the generating plant. This raises costs of course. Coal is doomed, and demand for it will drop with its BTU content.

Same is true for crude oil of course.

Solar loses an enormous % amount of energy for every 100meter it travels, and needs constant upkeep such as repairs.

The solar industry has relied on massive governmental subsedies, billions of dollars, and despite that, they still cant make it work. It's a shame that truth can be so activly hidden or despised, one of the reasons i hate wrongful reddit, they represent the average view of a large segment of the population, the liberal do-gooders fuckheads.

>>heavy metals and acid barrels used to make a panel that can barely light a bulb
if thats what you think solar panels are you are wrong. They are quite efficient, and even a tiny panel can charge a computer or light a bulb.

Hardly. It used to be almost all coal cars on the trains several times daily.

Then all at once it turned to almost all gas cars and I watched all sorts of places rip out their coal infrastructure and put in gas infrastructure. It was a total Jew job.

When Solyndra shut down they left jugs and jugs of heavy metals and shit laying around. didn't even bother to clean up. Subsidies gone? Fuck it, leave the shit on the floor!

I don't like coal. It's gross, dirty, and I'm still pissed Santa kept giving me coal instead of action figures like I asked for.

The market created by regulation is killing coal.

This has triple digits, I am pretty sure kek is getting retarded in his old age.

Yeah, a lot of that sub-bituminous crap is being exported to Europe and China. You an see what it is doing to China. I imagine the "Europe" in the exports is what we used to call Eastern Europe.

>tfw the coal is plugged into the extension cord

I would say that coa's decline is one-third due to regulations, one-third basic economics making gas better, and one-third automation eroding any human jobs that hang on. And even with the regulations, winding them back now won't help. The damage has already been done.

Even with Trump in the WH, Kentucky just announced a couple days back they're gonna stop burning coal at another of their power plants in the few years.

To power up that "clean" electric car.

Niether coal or automobiles are causing climate change / global warming. Yes, our Earth is heating but it's due to a periodic astronomical event. Can anyone guess what that might be?

If you guessed it may be the inbound traveling planet, discovered on December 30 1983, then you would be correct. These chemtrails are meant to block the potential view. Enjoy the end times suckers.

ahh great! then we all agree the regulations are not needed anymore so remove them all

Shhh we're not supposed to talk about that...

The fat burnt by the workers moving around the plant probably burnt more energy than their solar cells ever will

So Trump can lock up Pennsylvania for 2020

This medpack gets it. Repeal the Administrative Procedures Act.

No more unaccountable 4th branch of the government that operates completely outside the law.

its like 30 thousand jobs in the U.S. right now
more and more of those are being automated

Are you sure it's not something that was spotted in the Virgo constellation, something that will be here by September 23rd?

WAKE UP AND SMELL THE GAS

I'm positive. This is the real deal.

>lmao only 30000 jobs
Kys faggot

>almost 10 times as many jobs as coal mining
government-subsidized jobs, retard

jobs doesnt equal fucking any useful shit who ccares if you work

Regulations skewer the market big time.....

It is leftist regulations that are killing coal, not economics. We could sell coal, and the electric plants to burn it, to any third world country that lacks 24/7 electricity (including several that had 24/7 electricity until they turned socialist, like Zimbabwe and Venezuela). But the environmentalists and their regulations prevent it.

maybe it was all wrong cause why where they wrong on when it would be here, and also fucking 2012 right? that had to of predicted it but nope nothing. .. so well, quit talking about it then its not goign to happen. probably wrong what i thought, not the whoever that made that calendar 2012 when it was supposed to be here, but it was someting else they where talkign abotu instead and you didnt get it

bloomberg.com/news/articles/2017-01-31/u-s-wind-solar-power-focus-on-rural-jobs-as-trump-touts-coal

fortune.com/2015/01/16/solar-jobs-report-2014/

independent.co.uk/news/world/americas/us-solar-power-employs-more-people-more-oil-coal-gas-combined-donald-trump-green-energy-fossil-fuels-a7541971.html

hcn.org/articles/oakland-california-coal-export-terminal-ban

The free market.

You think the energy market is Laissez-faire wildcatting capitalism?

How new are you to economics and public policy?

Even without regulations, coal isn't economically competitive.

Natural gas gives you minimum 20% more energy per dollar spent than coal.

On an LCOE basis, which takes into account plant efficiencies and project costs, utility scale solar, wind, and combined cycle natural gas are way cheaper than coal.

The US should switch from coal to natural gas. We have a shit load of it. We're almost at the point of subsidizing coal because "muh jobs", meanwhile solar and wind have gotten cheap enough that they no longer need government subsidies to be profitable.

The degree to which we're clinging to coal is just sad.

They should just legalize prostitution or someshit. At least I don't have to breathe smog from that.

checked. got any good sources on the process?