Coal: the poor’s disaster & the rich’s wealth

Source: Egyptian Institute for Studies

Author: Ahmad Zikarallah

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The use of coal is one of the most important issues that have recently been controversial. Despite the existence of several caveats concerning the use of coal in power generation or in cement factories due to its environmental damage – as carbon dioxide emissions from coal is 5 times its emission from natural gas – the government turned a blind eye on its use under the pressure of last year’s energy crisis and the current fiscal year’s budget deficit (370 billion pounds); and also due to the fact that the coal prices are relatively low compared to other sources of energy, including natural gas, diesel, or other oil products.

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