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Tagged: Coal production

Open Spaces
5:27 pm
Fri August 10, 2012

Coal production slows, prices drop

Credit Irina Zhorov
The Jim Bridger coal fired power plant has already had to retrofit its stacks with cleaning technology and plans to do more work in the next couple of years.
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Coal production and coal prices are down and stakeholders are offering up lots of reasons as the cause, from weather to new policies and competing fuels. Wyoming Public Radio’s Irina Zhorov reports that it’s a combination of all these factors. 

Irina Zhorov: There is no doubt coal is struggling right now. Karim Rahemtulla is the Senior Correspondent for investment blog Wall St. Daily.

Rahemtulla: The predominant trend that’s in the market right now is a slowdown in consumption, directly related to coal, not necessarily other energy sources.

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