Secret Squirrel
Well-known member
- Joined
- Jun 6, 2003
- Posts
- 1,257
The articles I have read is that Coal fuels would be competitive if Sweet crude was above $40 barrel. The US has the largest deposits of Coal in the world. More than 250 years of coal at current rates. This fuel is also considered a clean fuel by EPA standards.
The only problem is that the mining is very destructive to the environment. Plus the plants cost about 4Billion a piece to set up so the infrastructure is not there and companies are worried that if OPEC sees us setting up the infrastructure to get off their oil they will drive down the market killing alternative fuels again for years (seems like a win win).
It is good that the military is leading the way so that the costs will come down for the private sector. Coal is probably one of the easiest ways using technology that is out their to help lower our dependence on foreign oil.
The only problem is that the mining is very destructive to the environment. Plus the plants cost about 4Billion a piece to set up so the infrastructure is not there and companies are worried that if OPEC sees us setting up the infrastructure to get off their oil they will drive down the market killing alternative fuels again for years (seems like a win win).
It is good that the military is leading the way so that the costs will come down for the private sector. Coal is probably one of the easiest ways using technology that is out their to help lower our dependence on foreign oil.