Old trees sprouting new buds? American coal giant predicts: Electricity shortage in the U.S. Coal is going to make a comeback!

According to the Securities Times APP, mining giant Peabody Energy (BTU.US) has stated that the increasing demand for electricity in the United States may drive coal consumption to increase by as much as 57%. For this industry that has been in continued decline for many years, this increase could be a significant turning point in its development.