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hatrack

(59,584 posts)
Thu Jul 20, 2017, 10:54 AM Jul 2017

CEO Of CSX Rail: Not Buying More Engines For Coal Trains: "Fossil Fuels Are Dead", Long-Term

There’s no future in transporting coal, says Hunter Harrison, CEO of CSX freight railroad.

Harrison told analysts on Wednesday that CSX, one of the country’s largest transporters of coal, won’t buy any new locomotives to haul the fuel. “Coal is not a long-term issue,” he said. The company currently hauls some 800,000 carloads of coal a year.

“Fossil fuels are dead,” Harrison continued. “That’s a long-term view. It’s not going to happen overnight. It’s not going to be in two or three years. But it’s going away, in my view.”

Harrison joins a chorus of experts who understand that economic reality makes President Donald Trump’s pledges to significantly expand the use of coal just empty words.

EDIT

https://thinkprogress.org/fossil-fuels-are-dead-says-rail-baron-b177af077344

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CEO Of CSX Rail: Not Buying More Engines For Coal Trains: "Fossil Fuels Are Dead", Long-Term (Original Post) hatrack Jul 2017 OP
This message was self-deleted by its author randr Jul 2017 #1
Better link: Sinistrous Jul 2017 #2
jefferson beauregard will need those engines to transport non KKK members to the camps nt msongs Jul 2017 #3

Response to hatrack (Original post)

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