/biz/ - Business & Finance

>>58393315
The Biden administration, just as the governments of all Western nations, is phasing out coal, oil, and gas.

>>58393078
You are a better person than most. Most people fall behind their government's marching orders and would do anything they are told by the proper authorities.

>>58281377
They bought the boomer rocks for security.
Coal is another great boomer rock.

Also, I was just talking with a miner friend in Colorado who also used to work on oil pipelines and whose son is a scientist at Iowa State University.
He said that an oil pipeline spilled 4000 gallons of fuel over four years from a crack too small to see -- had to use an x-ray to identify it. The cleanup cost for the surrounding soil was about one million USD. Then the soil was very fertile and sent on to agricultural use.

He also mentioned that a wind turbine in Iowa began leaking oil, leaked a huge amount in a few months, and had to be completely scrapped. Total cost of scrapping it, including removing the dozens of cubic meters of concrete that formed its foundation, was about 4.3 million UDS.
Then there's the issue of disposing of the wind turbine blades, which can need replacement in as little as five years.

So what's the real "green" energy. Hydrocarbon energy is far less polluting by many metrics.

>>57931758
*not to run from them
Arnold Toynbee was a great British historian in the earlier to mid 20th century who wrote about how civilization succeed or fail.
His theory was called something like challenge-response theory. It states that civilizations are confronted, at certain key points in their history, with existential challenges, and they either rise to the occasion and succeed or they slink back, try to ignore the problem, and end up failing in due time.
We are perhaps at such a point in the history of both Western and Modern-Industrial Civilization. We must either rise to the challenge and prevail or else shy away from it and fall in due course.

If we define this civilizational struggle we are in, make people aware of the issues we face, and work together to solve them, then we can re-moralize the population and perhaps succeed, leading us to a higher stage of development and improving our lives on the whole.

What are the challenges we face: environmental degradation, of course; kleptocracy; malaise and even nihilism among the population; amorality or people not seeing reason to be moral if there are no benefits to moral behavior and consequences for immoral behavior (belief in God and afterlife consequences used to motivate people to behave morally); and the civilization-hating eco-communists. We must define these challenges, make people understand that success and progress are possible and desirable, and fight to win in this struggle. In this manner we can ensure the future of our civilization and our way of life.

By the way, ACNR stands for American Consolidated Natural Resources, which was a renaming of Murray Energy after Murray had some major coal mine disasters.
It is a private company, so you cannot buy shares in it.

Coal bump