College Stock: Penny Stock News

With the recent Low Carbon Conference in New York earlier this week, many people in the financial world are talking about energy. These days everything must burn cleaner, smell greener and not damage the ozone. So where does that leave the United States and the rest of the world to look for the production of electricity? The Dean thinks the answer to that was, is and will continue to be COAL.

The World Nuclear Association reports that only 15% of the world’s electricity is made using nuclear power, while 41% is coal-generated. Since the happening trend is “going green,” The Dean believes coal reserves will increase as a valuable resource. “But what about the coal supply, won’t the reserves run out?,” people ask.

The Dean has done his homework and the World Coal Institute suggests that current reserves will last at least 120 years, which could easily accommodate the expected 60% increase in coal use over the next 20 years.

In the United States, 86% of the coal produced is used to produce electricity and more than 57% of the electricity in the United States comes from coal.

The Dean thinks there’s some golden potential in coal because it’s not just used to produce electricity. In fact, it’s an essential tool for the production of steel and cement and plays a large role in industrial production and exports. Coal also has a number of uses outside of clean energy such as dyes, insecticides, fertilizers, explosives, synthetic materials, ammonia and more.

Although coal manufacturers in the United States have to compete with foreign markets like Canada, Japan, Italy and the Netherlands, The Dean believes there’s plenty of profit potential in coal.

But this week, the spotlight is on coal because of energy and global warming concerns. Mostly, coal is burned to produce heat and steam to power generators and create electricity for large nations like the United States, China, Japan and the list goes on. A downside from an environmental standpoint, however, is how much carbon dioxide is being released into the atmosphere.

This brings us to perhaps the greatest potential in the coal market in a technology known as Carbon Capture & Storage, which claims to dramatically reduce carbon dioxide emissions in the atmosphere. The Dean believes this technology is critical for keeping the coal industry and the world’s efforts to reduce global warming alive.

The Dean’s telling all of his students about coal this weekend because he wants them to do their homework before Tuesday’s Carbon Capture & Storage conference in South Africa. Coal is a hot topic right now because of the energy summit held earlier this week. There, BP America (NYSE: BP) President Lamar McKay urged that carbon captured and storage could be commercialized in the next decade. Although McKay reportedly opts for natural gas over coal, The Dean feels he would say the same thing if his company had direct interests in the natural gas market.

As long as global warming is a concern and greener efforts are in place, The Dean believes the energy market will produce plenty of steam. Barron’s seems to agree with The Dean about coal’s potential and The Dean thinks doing your homework could make a difference in your greener future.

There’s only a few days left before the start of The Dean’s first ever Scholarship Fund contest. To be eligible, you MUST be an Honors Student. With The Dean giving away $5,000 to one top-performing Honors Students every quarter, $9.87/month to register for Honors Class is the ONLY way to get to the head of the class.