Linc Energy CTL Plant Begins Operation  

Hope Link does well, it's going to be difficult for Carbon Energy and Cougar Energy to get funding in the market, But Cougar may well announce big plans in the near future me thinks. UCG to power project in Victoria, promising 1/3 less CO2 output, Hazzlewood power plant is the highest CO2 emmitting power plant in the world and possible projects in India, Pakistan look Interesting but volitile.
It's going to be a nervous wait and see for shareholders in Cougar and Carbon Energy. Link if the coal sale goes through for 1.5 Billion will be in supberb shape.

The USA with it's coal resources and current account deficits must now be looking harder at UCG to supply domestic markets with power, fuel etc.

These are nervous times for stock investors do we sell our UCG shares and run for the hills or ride it out and hopefully see UCG become part of the energy soution.

Well there goes life on the planet as we know it.
With hundreds of percent profits over cost of production for the taking, not having to factor in catastrophic global scale risk of course, oceans of coal available, no shortage of no-conscience and/or no long term vision investors who've got a gin-palace to run, and a broke and desparate-for-royalties gov't, and a weak as piss foreign investment review board, and a press that wouldn't know an historic story if it hit them on the head, or a carbon-fixing Krebs Cycle from a Malvern Star, it's frog meet boiling water time.
I picked up on this when the stock was frozen, and could see the fortune to be made, but I just couldn't make the trade, thinking of the "GrandDad, what did you do during the beginning of the end?... I traded your birth right for a few handfuls of silver, my choking yound one, there's the shiny gadgets I did it for " conversation.
Maybe all the undead vampire day traders for whom it's all just chart abstractions are sterile or gay, or just sociopathic narcissists, and don't feel a stake in the future. The Man was right when he said, "the love of money is the root of all evil"
A curse upon all overt fossil fuel profiteers. Bring on Green Oil, like LS9. The only appropriate use for Carbon energy is to make photovoltaic silicon and mirrors, and I'm not too happy about that, but as a stop gap till we have dye- based photo-energetic transduction system, artificial chloropyll as it were, and green oil, it'll have to do. Artifical trees as it were, that have 2 outputs, green oil and electrickery. TechTrees can be made in factories, by companies with stock that can be traded.
It's like no-one guessed, when you chop down and rip out all the trees and scrub, the land stops attracting rain.
What's the difference between Karl Marx and a semiconductor? One's a dialectical materialist, and the other's a dielectric material.

:-)

I like the Maxr joke.

I know what you mean about not being able to invest in coal related companies - I can't do it, and even my paper "peak oil portfolio" makes me a little ashamed when I see how the coal industry continues to prosper.

Nevertheless, I keep covering these sorts of companies because its important to be aware of what is happening in the world, as opposed to what I'd like to see.