Coalco New York

Coalco New York is an early-stage company focused on developing practical and sustainable solutions to the problem of air pollution from coal emissions. Coal production, and the byproducts from coal-powered utility and manufacturing plants, can be hazardous to both human health and the environment. Yet coal continues to serve as a major part of the contemporary international energy equation, as the developing world works to harness its capacity to drive large-scale industrial growth and facilitate the build-out of national infrastructures. Coalco New York works with the goal of creating business partnerships that can take its research and development operations to the next level of funding so that it can offer 21st-century products to government agencies and individual consumers.

Coalco New York staff members have compiled facts and figures on the coal industry, its history, current operations, and future industry forecasts. While newer forms of energy, such as nuclear power and natural gas, have emerged over the course of the 20th and 21st centuries, coal continues to be the fuel of choice for a large segment of manufacturing companies and national governments. The United States currently derives about one-half of its energy from coal.

As Coalco New York staff members have learned, most energy experts anticipate steady and increasing demand for coal as the 21st century progresses. Coal is found in abundant deposits worldwide, including industrial powerhouse nations such as the U.S., Russia, and China. The World Coal Association estimates that there are well over 900 billion tons of coal in total global deposits, with enough to sustain current rates of industrial production through about the year 2125.

Carbon emissions in the U.S. are not currently subject to a federal tax, and coal continues to be comparatively easy and inexpensive to mine and burn. A cap-and-trade policy in the U.S. would limit the amount of carbon dioxide emissions permitted, and thereby reduce the use of coal. Yet with continued demand from industrializing nations such as China, which is accelerating the construction of new electrical plants, coal is likely to figure in global energy markets for generations to come.