Thursday, November 29, 2018

Coal vs natural gas

Before WW 2 coal was the dominant fuel used by power plants but since that time oil and natural gas began to replace coal. This process has continued and was accelerated by the introduction of fracking which increased the supply and lowered the cost of natural gas. Over time all coal fired plants will be replaced by natural gas and the process will allow time for the industry to adjust. This natural progression will permit those who work in the industry to find other employment. While this is going on the mining of coal will continue and this will be exported to Asia and Africa. In time these continents will also replace coal with natural gas. This will happen regardless of any government regulations because it makes economic sense. For those who are concerned about climate change and are not motivated by politics the best move at this point would be to have the transportation industry move to natural gas.

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