If the decline continues, then the coal mines are even less relevant. But maybe this is to hedge against them coming back in vogue?
You’re thinking that if renewables take over, then coal mines will be abandoned and preserved without us doing anything?
Yeah that’s my default hypotheses and (I think) what’s driving the intuition behind John’s and Owen’s posts/comments.
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If the decline continues, then the coal mines are even less relevant. But maybe this is to hedge against them coming back in vogue?
You’re thinking that if renewables take over, then coal mines will be abandoned and preserved without us doing anything?
Yeah that’s my default hypotheses and (I think) what’s driving the intuition behind John’s and Owen’s posts/comments.