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Politics : The Obama - Clinton Disaster
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To: Zincman who wrote (23616)12/22/2009 3:43:11 PM
From: No Mo Mo  Read Replies (2) of 103300
 
Then again, I remember when Buffet made that BNSF play, some folks said it was in recognition that any climate change negotiations would fail. Coal, the largest, by far, % of freight carried on US trains would be steady biz.

nationalatlas.gov

Down in the report:

"Coal is the most important single commodity carried by rail. In 2002, it accounted for 44 percent of tonnage and 21 percent of revenue for Class I railroads. The vast majority of coal in the United States is used to generate electricity at coal-fired power plants. Coal accounts for half of all U.S. electricity generation, far more than any other fuel source, and railroads handle approximately two-thirds of all U.S. coal shipments.
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