Analysts: Coal demand is plummeting and might never recover

04/29/2012 | Atlantic online, The · Bloomberg Businessweek

With the rise of cheap, plentiful and clean natural gas, demand for coal is falling rapidly and might never recover, analysts said. The price of Western coal has dropped 45% in the past year. Deutsche Bank predicted that as little as 20% of U.S. power could come from coal by 2030.

View Full Article in:

Atlantic online, The · Bloomberg Businessweek