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Clean Coal or Dirty PR?
By Karim Rahemtulla, Investment Director
I’ve revealed lies and propaganda that have infiltrated the energy sector before.
Well, today I’m going to expose another bit of misinformation that was designed to dupe the American public.
I’m talking about “clean coal” – a trendy concept that was snuck into the energy lexicon by an industry that’s growing more desperate by the day.
No doubt, whoever came up with the term deserves to be paid millions by the industry, because it’s the only thing prolonging heavy use of the fuel in the United States.
But that’s all it’s doing – prolonging the inevitable. Because as you’ll see, coal is destined for a long, slow death.
And when this ruse finally plays itself out, you’ll be glad you avoided it…
Clean Coal = Dirty Business
First off, let me tell you that there is NO such thing as clean coal. A more accurate moniker would be “cleaner coal.” But even that’s a stretch.
You see, there are generally two types of coal used worldwide: black coal and brown coal.
The basic difference between the two is moisture content. Brown coal is softer and contains more moisture than black coal. So less energy is created when it’s burned. That means black coal is technically more efficient – and, in turn, cleaner.
But neither type of coal is actually “clean.”
Instead, clean coal is used to describe a process…
Coal is burned the same old way, but the pollutants are disposed of differently. The carbon dioxide created is either filtered more thoroughly or “sequestered,” meaning it’s pumped into underground reservoirs.
That’s it folks. Clean coal in a nutshell. And according to a couple of fairly knowledgeable people in the field I’ve spoken to recently, the process is anything but clean. In fact, no one really knows whether the carbon dioxide will stay where it is, or if it will simply leak back into the atmosphere.
It’s not exactly cheap, either.