China coal money
Feb. 26th, 2008 by Al 
The opening year of China this year had not been really pleasant for one the winter blizzard crisis shows the amount of work that the State needed to overcome to restore confidence in the public about the energy mishap.More so since the Asian giant is holding the olympics this year.
The demand for coal in China will raise the price of the black rocks and also her imports from overseas.With more than 80% of her imports coming from ASEAN and Australia, more investors will be putting their money into this coal companies in the next decade.
Coal is basically toxic and bad for the health and environment but the free market unbridled control to maximise profits failed to take into account of how fragile our ecosystem is and with huge populace like China taking in all this energy, one doubts the effects it has on the air quality of her big cities.
Napolean once said when china awakes it will shake the world , let’s hope the shake out of the energy resources that produce carbon will be a mild one.
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