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indian mega plants :no coal

  1. RBA
    384 Posts.
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    Hi All,

    Revisited a link SP3 posted a little while back and from todays breaking coal news, the following:


    -India have built and are building mega power plants with no coal to operate them.

    -Talk of "PEAK COAL" with some nations ( Britian, Germany and Botswana) cutting reserves by 90%!

    -Venezuela cutting coal exports.

    -Merrill Lynch - Coal prices rising 3 fold.

    http://www.globalcoal.com/news/coalnews.cfm

 
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