We're submitting this very recent report on South Africa's Coal-to-Liquid conversion giant, Sasol, to make only one point.
The excerpt:
"Sasol Invests In Wax
Sasol, the world's largest fuel-from-coal producer, on Tuesday announced an investment of RB.4 billion to double the Sasol Wax production of hard wax in South Africa.
It is in line with Sasol's strategy to leverage advanced proprietary technology (which would be Coal-to-Liquid technology - JTM) and is also aligned with our longer-term plans to significantly grow the chemicals businesses of the Sasol group.
The project will also result in increased production of medium waxes, mostly used by the candle industry in Southern Africa."
The point:
So productive and profitable is the business of making diesel fuel and gasoline from coal, that Sasol can afford to spend 4 billion Rand to start making candle wax out of it, as well.
Maybe they would be kind enough to light a few of those coal wax candles for those of us in US Coal Country - and thus help dispel the shadows Big Oil, aka The Prince of Darkness, has cast upon the truth of practical coal-to-liquid conversion technology.
It's beginning to look as if no one else is going to do it for us.2