“Policies that force use of more expensive, less reliable energy push costs throughout the economy and place the heaviest burden on the world’s poor and low-income citizens. We need all forms of energy to address global needs, and we must recognize the strengths and limitations of each choice. Advanced coal is the sustainable fuel at scale that can meet these needs.”
– Gregory Boyce, CEO, Peabody Energy, April 3, 2014.
Peabody Energy–“the world’s largest private-sector coal company and a global leader in sustainable mining and clean coal solutions … in more than 25 countries on six continents”—has started a good conversation. Lifting countless millions out of energy poverty into energy modernism is worth our best thinking and debate.
Peabody’s call to reduce energy inequality between the haves and have nots challenges the “Let them eat cake” conceit of so many energy statists/elitists. …