Last year while eating lunch at a Mexican restaurant adjacent to a railroad track in marysville, washington, I saw a train go by at high speed and it's load was many open box cars of coal. Doing a quick Google search, Washington State actually has a coal mine that ships cold to make steel.
In the comments, you'll see my coal stocks for up 10%.
The Church of the green New Deal is putting pressure on investors worldwide stop investing in fossil fuels.
Recently, a top financier totally ripped a new butthole of radical leftist Congressman Tlaib when she asked this banking Mogul when are they going to stop funding fossil fuels, he says he's going to continue doing it otherwise we'll all go to hell!
Right now my Tesla stock is in the toilet because the left is punishing Elon Musk for purchasing Twitter and destroying their coordinated censorship of conservative ideas. Democrats and purposely targeting Twitter advertisers to shun them to try to bring Twitter down.
This Democrat and leftist threat to democracy will be laughed off and Twitter Will Survive and so will the use of coal because China keeps building a Coal Fired power plant weekly yet our stupid Administration wants to raise carbon taxes and pay reparations to other countries to transition other forms of energy which I set in another post is going to lead to corruption and mediocre progress at best and transitioning to unreliable clean energy.
The Church of the green New Deal likes picking winners and losers and that's what President Biden is doing as well by restricting fossil fuels yet demanding oil companies increase production but he won't approve permits, he won't get rid of regulations and he makes life hell for the important fossil fuel industry.
Just think what would happen if we couldn't make steel? I will also post all these items made from oil that you would won't be able to use including your smartphone and laptop and many other products that you don't realize uses petroleum products.
The Church of the green New Deal will not be successful after the new Congress convenes after January 3rd.
Just a reminder, while you have environmental Nazi activists laying down in traffic near Washington DC or throwing flour on Andy Warhol sports cars at art museums, China and India continue to build Coal Fired power plants and they are given until 2050 or 2016 to comply. Unfortunately, this Administration wants to hike carbon taxes which I already have to deal with here in Canada and this will be done by the EPA over the next decade or later and your energy prices are going to Skyrocket all to subsidize other countries. Why should we pay reparations? The third world countries wouldn't be Advanced if they didn't have fossil fuels.
The Democrats and the ecological left are in the Twilight Zone. We already saw what happened in Sri Lanka when they changed over to Natural fertilizer. The president was ran out of the country and there was a mini Revolution because agricultural output went down 50% and farmers rebelled.
United States and Canada are eventually transitioning to Natural fertilizers and we are the bread baskets of the world so watch our output plummet all in the name of supposedly saving the Earth LOL.
I forgot to mention, yes, we know many people who work in Coal Mines die of lung disease caused by working in the mines. We want now have thousands if not millions of people worldwide who die digging up cobalt, lithium and other rare earth metals that are used in the production of batteries for these electric cars. Everything has transactions costs, oil and natural gas really don't cause people to sick and die because you can wear protective equipment against hydrogen sulfide and other gases when exploring for oil. No matter what, there is risk in everything you do. But you can't convert the Church of the green New Deal Fanatics of this. They are like the modern day Borg of Star Trek. They cannot be convinced otherwise. Wind and solar are not perfect alternatives to fossil fuels such as oil, gas and coal. They don't want to consider natural gas and nuclear power either. They are like the Veruca Salt character of Willy wonka, they want it now and they're going to have a temper tantrum if they don't get it!