Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (183819)	5/8/2014 10:26:54 AM
From: Bread Upon The Water	Respond to of 206195

We're funding this proposal (dedicated revenue) from the special coal tax on gasoline. There are other economic costs associated with this other than just the value of the coal companies. We would need to compensate the railroads as well for the loss of revenue in hauling coal and their investment in coal cars. We need to compensate the states for thier loss of tax revenue from coal and income tax loss from miner's wages. We need to retrain the miners in other fields (oil riggers on fracking rigs maybe). It would be a BIG DEAL. Not saying it would be easy. We maybe could sell environmental bonds up front at attractive interest rates to secure an initial amount of revenue (with the interest on them coming from the coal stream revenue). There are people in the specialized fields of finance and utility regulation and law that would need to confer. But because it would be hard and disruptive is no reason to back off from it. WWII was hard and disruptive also.