08-16-2015, 03:58 PM
The assault on coal has come nowhere close to running its course. Obama's initiative to decrease carbon dioxide emissions will keep the pressure on utilities as they generate by far the greatest amounts of carbon dioxide. DUK continues to shut down coal plants, switching to NG. NRG has already switched most of its production away from coal. SO will have to follow soon as will any utilities that wish to remain competitive. IMO coal for our generation is dead as an investment. I would much rather place my chips on a rebound in crude/NG or even consider investing in the green technology energy sub-sector.
Alex