ESG aside until tech find solutions, the so called third world and some of the new first, are still building coal plants, whilst our new socialist government switches them on quietly when the 'green' alternatives have a bad week. So we need to transition sustainably and cheaply till tech catches up.
So who in the coal sphere?
Thungela Resources (LON:TGA) - the unloved child of Anglo American (LON:AAL) is doing better than the parent.
Whilst a brief look in stocko found Tatneft' Pao (LON:ATAD) - not coal but another 'dirty' end turning crude oil into a product for tyres - even elec vehicles need those.
Well known China, Cambodia, Indonesia, Pakistan are building and seems India has a shortage apparently if you believe the news.
So a tailwind demand exists for the time being.
So who to invest in other than the big boys. Maybe the big boys is the answer as they sell off the 'dirty' and we get to buy.
Understand not everyones cup of tea but you did click on the post. When make shed loads then can put it into the struggling alternative cos, or give it to the government lol.
So who else is out there in hiding in the dark and dismal 'coal cupboard', whilst hoarding a growing pile of cash.
