Some questions have arisen about the actual costs of coal-to-liquid, and its economic viability.
We had earlier addressed that issue to some degree, and, rather than go back through our research, we submit the following quote, excerpted from the enclosed article link, by an expert at the National Research Center for Coal and Energy (NRCCE) at West Virginia University:
"Dr. Jerry Fletcher, an environmental economics professor at the NRCCE, said until recently, coal liquefaction hasn’t been a particular focus of U.S. Energy policy. But the situation is rapidly changing, according to Fletcher.
“Our estimate is that this (CoalTL - JtM) can produce fuel at $45 to $50 a barrel, that’s far less than the current prices in the seventies,” Fletcher said. That could ultimately mean lower gas prices for consumers."."
“Our estimate is that this (CoalTL - JtM) can produce fuel at $45 to $50 a barrel, that’s far less than the current prices in the seventies,” Fletcher said. That could ultimately mean lower gas prices for consumers."."