At that time underground coal gasification (UCG, also known as in-situ coal gasification or ISCG) was increasingly seen as a relatively low-impact way of tapping the huge US coal resource, while potentially managing emissions.
FORBES: Underground Coal Gasification: A Trend Worth Watching
Meanwhile, the global coal resource is enormous.
FORBES: Underground Coal Gasification: A Trend Worth Watching
Google, Apple, Amazon, Baidu, IBM, Hewlett-Packard, Deere, Peabody Energy, Arch Coal, Natural Resource Partners, and Freeport McMoRan.
The class act is Peabody Energy and it just broke into new high ground along with Arch and my favorite coal MLP, Natural Resource Partners.
However, such methods will likely only be interim alternatives because coal is also a finite resource.
Rio Tinto is working aggressively to develop additional resource base of coal to meet the rising demand.
Coal: Coal is our most abundant energy resource and therefore should not be shunned in favor of natural gas for electric power generation.
FORBES: Why Shale Gas is Closing Coal Plants: So Why Do the Hippies Hate Shale?
Mining drives the Mongolian boom, and Dagvadorj is in the thick of it, with numerous licenses for coal, rare earths and other resource-rich properties.
One of the things that we're going to be talking about today is investing in the kind of technology that will allow us to use coal, our most bountiful natural resource here in the United States, without polluting our planet.
Alliance Resource Partners LP (ARLP) is an MLP that digs the coal out of the ground that it owns.
Duke operates in the resource-poor Carolinas and built some of the world's biggest coal plants in the 1960s and 1970s, when people were more concerned about cheap, secure energy supplies than co2 levels.
Several lawmakers seemed convinced, describing natural gas as "a precious resource, " a bridge to a renewable energy future--and a replacement for coal.
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