One thing we can all be assured of and that is the need for energy isn't going away, in fact it's inevitable to increase enormously and maybe to the point that demand will out strip supply!! (Think about that for a moment!!)
This in mind, mistakes and problems have occurred since the dawn of time and will never cease to occurr (No matter how Catastrophic),this has always been the case and will always be the case, we have and will continue learn from these problems, mistakes and Catastrophes, which can only help us better manage these risks in the future but the need to keep the world rolling along the way it has now become accustomed too has become far too great and it this need which ultimately prevails and overshadows in the long run any Catastrophic events that might get in the road of what most will see as progress.
This is why a blow out or an mega oil leak in the ocean and so on, will never cease the operation of any major commodity based project, at least not long term anyway.
So it's really a no brainer that UCG is here to stay because the very nature of what is on offer here is why it will eventually succeed.
The world needs the diversity this technology can provide and the Government needs more taxes and both in the future will be needed even more than ever, now that is a fact.
Learning something new can lead to more problems, mistakes and Catastrophes, which we will learn from and on and on we go!!
I'm not saying all progress is good on all fronts, there's always going to be a price on what we consider as progress.
Cheers
CNX Price at posting:
24.6¢ Sentiment: LT Buy Disclosure: Held
