Renewable Energy
Is Coal the Fuel of the 21st Century?
Over a century ago, John D. Rockefeller transformed oil into one of the world’s most valuable industries. Now, thousands of investors believe something similar could be happening with coal.
Frontieras North America has developed patented technology that refines coal into fuels and materials like diesel, jet fuel, hydrogen, and fertilizer, serving markets worth $2.1 Trillion globally.
With a Nasdaq ticker (FASF) reserved and land secured in West Virginia for its $850M flagship facility, Frontieras is inviting investors to participate while the company remains private. Shares are currently $7.77 until April 9.
It’s true that John D. Rockefeller became one of the wealthiest people in world history via the petroleum boom a century ago.
Now, if it’s true that “thousands of investors believe something similar could be happening with coal,” they’re some extremely stupid people.
Fossil fuels did humankind a great service in the 20th Century, but now, a few things have changed, chiefly: a) our recognition that their consumption is rapidly destroying our planet’s environment, and b) the development of inexpensive low-carbon sources of energy.
Of all the fossil fuels, coal is unarguably the worst, with its high greenhouse gas emissions, its heavy metals (mercury, cadmium, selenium, lead, and arsenic), and its vast array of toxic radioactive isotopes.
If you want to lose a fortune and put the demise of the planet on steroids, this may be for you.