Image: kartografia via flickr Creative Commons license

During a conference call with industry analysts last week, rail carrier CSX’s new president said he thinks “fossil fuels are dead” and announced that the company will not buy any more locomotives for coal trains. Hunter Harrison stressed that he doesn’t think coal will go away overnight, but he nonetheless believes the end is coming in a “long-term view.” Jacksonville, Florida-based CSX had a strong second quarter overall, but the company’s profits from coal were about half what they were in the second quarter six years ago.

– via The Rural Blog

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