
Go for Nat Gas, Coal Is Doomed

By Jim Cramer
About this article:
Congress can't rein in coal, but the Environmental Protection Agency can.
One of the most amazing shams I have seen in my life is the alleged "clean coal" campaign by so-called King Coal. Arch Coal, Peabody and the rest of the gang have incredible congressional mindshare and the notion of carbon sequestration, which has no potential for feasibility within the next 10 years, if ever, has become gospel in Washington.
That's how this fuel has surpassed natural gas despite the potential for nat gas to be used en masse in cars -- forget coal for that -- and the huge finds in coal that have made us energy self-sufficient for our lifetime.
Now, while everyone's focused on employment here, the EPA is proposing tough greenhouse rules that directly impact coal and makes mining of coal more expensive by curtailing mountaintop mining. Aside from the obvious negative job...

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