We stated in a previous post that the Obama administration did not favor coal or clean coal technologies.  It has become increasingly apparent that our statement was inaccurate and, thanks to a new article on Reuters, we will complete the unpleasant process of eating our words.

Now it appears that the new administration is committed to coal and the coal industry is singing its praises as a result.  This coupled with the billions of dollars forthcoming from the stimulus package surely has the entire industry breathing a deep sigh of relief.

Read about it at Reuters.