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Cheap clean coal now dirty, expensivePosted by David Roberts at 8:55 AM on 13 Apr 2008The WSJ energy blog points out that skyrocketing demand for coal in the developing world is rapidly driving up the commodity price. (And WSJ proper points out that rising prices for coal mean rising prices for steel.) Meanwhile, Reuters says "clean coal" is "elusive" and the head of one of Australia's biggest energy companies -- AGL -- says that coal's days are numbered: ... Michael Fraser said it is unlikely any new coal generators will be built without significant improvements in technology and the ability to capture and store carbon. Say it with me, kids: Coal isn't cheap.
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