Buffett Says Coal’s Slide to Be Permanent, Yet Gradual – Bloomberg 07-25-13

Salient to Investors:

Warren Buffett said coal use in the US will continue to fall gradually as electric utilities switch to cleaner alternatives over many years, and when natural gas prices get low enough. Buffett said coal plants produce 38 percent of all US electricity. Coal accounted for 49 percent in 2007.

Read the full article at  http://www.bloomberg.com/news/2013-07-25/buffett-says-coal-s-slide-to-be-permanent-yet-gradual.html

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