” In the period since early March, coal reserves have slumped by 12 per cent to 46.7 million tonnes, according to the commission. “
April 24, 2008
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I’m sure there are many thinking ‘China out of highly-polluting coal? Wonderful!’ … That may be, but the pressure will be on for the other fossel fuels to pick up the slack. Translation: much higher oil/gas prices to come and $1.50+/litre by August is almost a guarantee now for us…
Comment by canuck99 — April 24, 2008 @ 12:14 am |