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Posted Sun Jan 2 2011: from Washington Post:
Coal's burnout
The headline news for the coal industry in 2010 was what didn't happen: Construction did not begin on a single new coal-fired power plant in the United States for the second straight year.... "Coal is a dead man walkin'," says Kevin Parker, global head of asset management and a member of the executive committee at Deutsche Bank. "Banks won't finance them. Insurance companies won't insure them. The EPA is coming after them. . . . And the economics to make it clean don't work."
[Read more stories about: coal issues, carbon emissions, anthropogenic change]

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'Doc Michael says:
Coal in their Christmas stocking is exactly what the industry deserves.

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