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Latest Steven Mufson Content
Article:
Coal Can't Fill World's Burning Appetite - Steven Mufson, Blaine Harden (Washington Post)
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Published:
3/20/2008
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Submitted by:
Frank K
243 days ago
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Categories:
Energy
&
Fossil Fuels
Article Details:
Long considered an abundant, reliable and relatively cheap source of energy, coal is suddenly in short supply and high demand worldwide. An untimely confluence of bad weather, flawed energy policies, low stockpiles and voracious growth in Asia's appetite has driven international spot prices of coal up by 50 percent. Freight cars in Appalachia are brimming with coal for export. The boom in coal exports and prices has helped lower the trade deficit for the USA.