"it does choke the atmosphere with carboniferous smog, and it...

"it does choke the atmosphere with carboniferous smog, and it can also be the domain of Neanderthals who largely spend their income on RAMs, jet skis and unending materialistic consumerism"

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1) that Charles Dickens view of the world is so 1800s it's not funny. Coal power plants & electricity actually cleaned up the atmosphere by ending coal stoves in every home. Electricity also introduced diahwashes, washing machines, electric ovens/stoves, fridges, freezers and several other items which allowed first wave feminism to flourish. With feminism (paired with effective birth control method such as the pill and porn) we've seen effective population size control. This population reduction and coal power plants have both acted to significantly reduce land degradation in regions where theyve been implemented.

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2) I guess you've never seen the excess wealth in parts of the USA or Tokyo or other parts of the world. Most of which are well in excess of coal miners you deride. How much for an ice cream in eastern Sydney right now? What about a pint of beer? When I llook, I find that your "jet ski" comment is either tounge in cheek or ignorant.

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Not sure well see $3-4 for WHC. The lowest I see it going right now is $5.80 and it'd be there on thin volume for a short time... but I've been wrong before... so I'm slowly averaging in over the next few years while the BMA deleveraging takes place. The price here will bounce around chaotically to the short term noise, while long term it gets ready to rerate. My biggest concern with WHC is the overall met quality blend and demand for certain qualities moving forward. Similar to SMR really.