Why you should not invest in coal You want a reason not to invest in this semi-soft, marginal mixing steel, high grade thermal, coal?
Arctic sea ice in the Central Arctic Basin is showing unprecedented (in this epoch) signs of weakness.
There are cracks forming, in the permanent darkness of January, between Canada's Ellesmere Island and right through the North Pole. 1600km long.
https://i1340.photobucket.com/albums/o728/OlTom67/NPcrack_zps8a01d6e1.jpg
Frontline Scientists posting to Arctic tracking blogs are expressing deep fears that an ice free Arctic summer is nearly guaranteed within the next 2-5 years.
https://neven1.typepad.com/blog/2013/01/2013-open-thread-1/comments/page/2/#comments
The newly ice poor Arctic is such a new phenomenon (first real collapse in area in 2007) that scientists simply haven't caught up. We are flying blind. We are only now realizing the potential changes in store as a Warm Arctic, Cold Continent scenario in winter becomes more likely (and is a likely driver of the current frigid temperatures in Easter Canada/US.)
https://www.noaa.gov/features/02_monitoring/warmarctic.html
This is what drives me these days to oppose incredibly short sighted projects like Raven. I will admit it. I am driven by fear, by fear of the unknown as our planet changes in ways we have predicted but struggle to fully grasp and fail to attempt to reverse.
It is time we all invest ourselves, financially and mentally, in projects that could lessen the damage, we, our children, our grandchildren, and our great grandchildren will be faced with. We must reduce our energy usage. We must massively increase our clean energy production.
Please don't invest in Raven. Pull out now. I beg of you, for your children's sake.