8 Nov 2013

Coal: The World's Most Hated Resource Is a Buy

If I had to point to a segment of the natural resources sector with the lowest investor sentiment right now, it might well be coal.
Coal is thought of as antiquated and brutish, a relic that will soon be excised from the ranks of global energy markets.
It's easy to see why. On the surface, there's a lot to dislike about coal. The biggest strike against the industry is environmental. This month, the news has been rife with stories about record air pollution nearly shutting down a number of cities in northern China.
Whether it's for these environmental reasons -- or simply a matter of economics -- there's a sense that the world is turning away from coal.  (more)

Please share this article

No comments:

Post a Comment