Coal? Yes, Coal

Never mind global warming. Peabody Energy CEO Gregory Boyce is betting big on the dirty fuel's durability

As evidence of global warming mounts, companies everywhere are going green. But not Peabody Energy Corp. (BTU ) Gregory H. Boyce, chief executive of the world's biggest coal company, is one of the few prominent opponents of climate regulation whose position hasn't softened one bit in recent months. Asked in March whether high levels of CO2 in the air are harmful, Boyce said: "I think the simple answer is we don't know." Full Story »

Posted by Mike LaBonte
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Posted by: Posted by Mike LaBonte - Apr 30, 2007 - 8:50 AM PDT
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Edited by: Kaizar Campwala - Apr 30, 2007 - 9:17 AM PDT

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4.0
by Dale Penn - Apr. 30, 2007

As a corporate profile of Peabody Coal with its chief executive's perspective on the coal industry, this is an excellent piece. Efforts by the coal industry to adapt in order to secure the value of their vast reserves have been under way for decades. This article points to the role in alternative fuel markets and industry regulation in spurring that adaptation along.

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3.8
by Kaizar Campwala - Apr. 30, 2007

This was an informative piece about the the prospects and challenges for the coal industry. Not a fair article in that space wasn't given to the cited coal power critics (MIT professors) to explain why they think the future of coal is bleak.

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3.7
by Mike LaBonte - Apr. 30, 2007

Plenty of sources and info, but not enough about coal-to-liquids. Some but not all statistics from the Energy Dept. agree with numbers in the AEO2007 report. A useful addition would be the AOE2007 projection of negative coal growth in the low price case.

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4.4
by Jim Lang - Apr. 30, 2007

This is an excellent article that captures many key points -- the strong role that coal will play in our energy mix almost regardless of cost, the cynicism of investors who believe that the public will be fickle regarding environmental protection and don't care and the rejection of scientific evidence by individuals who find it inconvenient or not in line with their preconceived notions.

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4.3
by Damian Lewis - May. 6, 2007

This is a common sense story. What should the CEO of the largest Coal Company say? Please don't use my product. Coal will continue to be the major source of fuel used around the world for the next 50-100 years. All incentives should be given to ensure Clean coal technology prospers.

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