coal prices

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Store Norske and the Norwegian government are betting heavily on coal prices rising next year, but don’t expect your broker to advise doing the same.

Coal prices might recover from a worldwide slump, but there’s sharp disagreement about whether it may take one year or many for that to start happening. Numerous reasons for a lengthy low-price trend are cited, including cheap alternative energy sources such as natural gas, increasing production from suppliers in other parts of the world and many countries – including Norway, except for its stance regarding Svalbard – shunning coal because of its environmental impacts.

About Post Author

Mark Sabbatini

I'm a professional transient living on a tiny Norwegian island next door to the North Pole, where once a week (or thereabouts) I pollute our extreme and pristine environment with paper fishwrappers decorated with seemingly random letters that would cause a thousand monkeys with a thousand typewriters to die of humiliation. Such is the wisdom one acquires after more than 25 years in the world's second-least-respected occupation, much of it roaming the seven continents in search of jazz, unrecognizable street food and escorts I f****d with by insisting they give me the platonic tours of their cities promised in their ads. But it turns out this tiny group of islands known as Svalbard is my True Love and, generous contributions from you willing, I'll keep littering until they dig my body out when my climate-change-deformed apartment collapses or they exile my penniless ass because I'm not even worthy of washing your dirty dishes.

marksabbatini@yahoo.com

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