http://www.financemarkets.co.uk/2009/04/28/uk-coal-to-receive-a-boost-as-energy-security-fears-are-rife/ Finance News | UK Personal Financial News & Daily Finance Market News Mon, 14 May 2012 17:44:18 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://www.financemarkets.co.uk/2009/04/28/uk-coal-to-receive-a-boost-as-energy-security-fears-are-rife/comment-page-1/#comment-7651 seftonchase Sat, 05 Sep 2009 20:25:38 +0000 http://www.financemarkets.co.uk/?p=9034#comment-7651 Investors should realise that their is growing opposition across England to opencast / surface mine extraction because of its impact on local communities in Norhumberland, Durham, Leicestershire and Shropshire. This is because unlike Scotland and Wales, there is no insistence on there being a 500 metre buffer zone between areas of settlement and opencast mine sites in current English Planning Guidance. Groups in each of these areas are beginning to campaign for a change in policy to bring English guidance into line with Scottish and Welsh guidance. When the 500 metre buffer zone was introduced in Wales it was estimated to have sterilised two-thirds of known opencast coal reserves in Wales. England is a more densely populated country and UK Coal does has not made a profit on its deep mines in recent years. You have now been warned about the long term risk of investing in this Stock! Investors should realise that their is growing opposition across England to opencast / surface mine extraction because of its impact on local communities in Norhumberland, Durham, Leicestershire and Shropshire. This is because unlike Scotland and Wales, there is no insistence on there being a 500 metre buffer zone between areas of settlement and opencast mine sites in current English Planning Guidance. Groups in each of these areas are beginning to campaign for a change in policy to bring English guidance into line with Scottish and Welsh guidance. When the 500 metre buffer zone was introduced in Wales it was estimated to have sterilised two-thirds of known opencast coal reserves in Wales. England is a more densely populated country and UK Coal does has not made a profit on its deep mines in recent years. You have now been warned about the long term risk of investing in this Stock!

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