Economics of Coal in IA: Investor Sees Poor Future for Coal
Uploaded by: IowaIndependent
Video Description:
Investment banker and financial advisor Tom Sanzillo of New York called coal energy a "dinosaur" and said that this is the worst time to build a coal plant because of a variety of economic factors.
Sanzillo said the ethanol industry in Iowa doesn't have sufficient growth to "demand new capacity at the level they're demanding it. So by putting up this particular power plant they're really using a Cadillac to do what a Volkswagen could do." http://iowaindependent.com
Tags for this video: alliant co2 coal dinosaur energy ethanol Independent investment investor Iowa marshalltown mercury money soot windpower
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| Comments for this video on YouTube |
| Yeap $3000-$6500 ... ( 11 months ago by greyflcn) |
| Yeap $3000-$6500 per Kilowatt for coal. As compared to a more normal target of $2000/KW greyfalcon. net/ costlycoal greyfalcon. net/ costlycoal2 And certainly efficiency, wind, geothermal, and solarthermal are far more cost effective. greyfalcon. net/ solarthermal greyfalcon. net/ geothermal greyfalcon. net/ wind |
| wow- sounds about ... ( 11 months ago by jesusphreekz) |
| wow- sounds about right I heard 59 coal plants got cancelled or decommissioned last year what about solar HEAT that produced steam- wouldn't that be cleaner and easier than coal? |
| Coal is the future ... ( 3 months ago by Noahgoy) |
| Coal is the future of the USA. We have 25% of the worlds coal reseerves, and new technology can liquify it and make it cleaner to burn. |
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