You can fool some of the people some of the time......
That's why Rudd went 5% months ago,he got in "first".
Coal isn't being phased out,its becoming more important than ever...what will come out of the $1 Trillion package is a lot of road,bridges,and other infrastructure work. That will lead to more steel and concrete being needed, this upgrading will be a world wide event.
Noticed in a report that 50% of "new" western U.S.coal production is used for fuel and feedstock at "new" CTL plants..you guys are really going for it.
Politicians will always bow to special interest groups for that is what they do,however coal is a very necessary energy supply on this planet.
HM.
CXY Price at posting:
8.7¢ Sentiment: None Disclosure: Held