BOSTON (TheStreet) -- The arguing over peak coal could be resolved within 10 to 20 years, since that's about how much recoverable coal reserves the United States has, according to an estimate in a report by Clean Energy Action.
Of course, that's a dramatic contrast with estimates by the Energy Information Administration, which says there are enough recoverable coal reserves to keep the country powered for the next two centuries.
The organization says the U.S. hit "peak coal" in 2008, and that coal production and profits have been on a relative downslide since.
"The fundamental fact is that most of the coal in the U.S. is buried too deeply to be accessed easily and we are rapidly approaching the end of accessible U.S. coal deposits that can be mined profitably," said Dr. Zane Selvans, geologist and assistant director of research at the organization, in a press release. The idea is nothing new. In early 2009, the environmental news website Grist reported on a possible 10- to 20-year timeline for recoverable coal reserves as based on reports by the U.S. Geological Survey and National Research Council. Also see: Redo Your Rooftop Unit, Save a Billion (and the World)>> The council's Committee on Coal Research, Technology and Resource Assessments to Inform Energy Policy reported in 2007 that traditional projections of coal reserves were based on methods that hadn't been reviewed or revised since 1974. For those few areas that had been evaluated using updated methods, a much smaller fraction of recoverable coal was found than was originally estimated. In particular, the USGS found that only 6% of coal resources in Gillette, Wyo. -- the country's most productive coalfield -- was economically recoverable. The council report ended on an optimistic note and did not downgrade projected estimates for future coal production. But it could affirm only that there is enough recoverable coal to meet demands until 2030 and said "it is not possible to confirm the often-quoted assertion that there is a sufficient supply for the next 250 years." Likewise, CEA asserted in its recent report that the position that there are 200 billion tons of coal reserves do not consider updated economic factors affecting the ability to harvest most of those reserves. It referred to the recent financial strain affecting many U.S. coal companies, noting that it is "unclear whether they will be able to support the increased capital and labor costs associated with mining coal that is more difficult to access."
Top 10 Clean Energy Companies To Invest In Right Now: Hard Creek Nickel Corp(HNC.TO)
Hard Creek Nickel Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily focuses on the Turnagain project, a nickel-sulphide deposit located in north central British Columbia, Canada. The company was formerly known as Canadian Metals Exploration Ltd. and changed its name to Hard Creek Nickel Corporation in June 2004. Hard Creek Nickel Corporation was founded in 1983 and is headquartered in Vancouver, Canada.
Top 10 Clean Energy Companies To Invest In Right Now: PetSmart Inc(PETM)
PetSmart, Inc., together with its subsidiaries, operates as a specialty retailer of products, services, and solutions for pets in the United States, Puerto Rico, and Canada. The company offers consumables, such as pet food, treats, and litter; and hardgoods, which include pet supplies and other goods comprising collars, leashes, health care supplies, grooming and beauty aids, toys, apparel, and pet beds and carriers, as well as aquariums and habitats, accessories, d�or, and filters for fish, birds, reptiles, and small pets. It also provides fresh-water fish, small birds, reptiles, and small pets; and pet services, such as grooming, including precision cuts, baths, nail trimming and grinding, and teeth brushing, as well as training, boarding, and day camp services. In addition, the company operates PetsHotels that offer boarding for dogs and cats; provides personalized pet care, an on-call veterinarian, temperature controlled rooms and suites, daily specialty treats and p lay time, and day camp services for dogs; and operates veterinary hospitals, which offer services comprising routine examinations and vaccinations, dental care, a pharmacy, and surgical procedures. As of January 29, 2012, it operated 1,232 retail stores; 192 PetsHotels; 791 veterinary hospitals under the trade name of Banfield, The Pet Hospital; and 8 hospitals operated through other third parties in Canada. The company also offers its products through an e-commerce and community site, PetSmart.com. PetSmart, Inc. was founded in 1986 and is based in Phoenix, Arizona.
Advisors' Opinion:- [By Seth Jayson]
PetSmart (Nasdaq: PETM ) reported earnings on May 22. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended May 5 (Q1), PetSmart met expectations on revenues and beat slightly on earnings per share. - [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, pet food and products retailer PetSmart (NASDAQ: PETM ) has earned a respected four-star ranking.
- [By Rich Smith]
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, our headlines include a pair of retail downgrades for shopping center staples Bed Bath & Beyond (NASDAQ: BBBY ) and PetSmart (NASDAQ: PETM ) . But the news isn't all bad, so why don't we end the week on a bright note, and look first at why one analyst thinks...
- [By Sean Williams]
We only need to look so far as PetSmart (NASDAQ: PETM ) to see how transformative this change has been. PetSmart, which offers an array of retail pet products in its stores, as well as grooming and veterinary services, has delivered 126% revenue growth since 2003 -- consistently growing its top line every year, even when the economy hit a major roadblock in 2009.�
Top Cheap Companies To Watch For 2014: Cypress Development Corp. (CYP.V)
Cypress Development Corp., an exploration stage company, engages in acquisition, exploration, and development of mineral properties in the United States and Canada. It primarily explores for precious and base metals. The company holds 80% interest in the McKenzie Island claims located in the Dome and Fairlie Townships, Red Lake District, Ontario; and 84.33% interests in the Broulan Reef property located in the Red Lake area of Ontario. It also holds an agreement to acquire a 100% interest in the Twenty-One Silver-Gold Project consisting of approximately 420 acres located in Mineral County, Nevada; and a 100% interest in various Federal lode claims totaling approximately 2,400 acres located in White Pine County, Nevada. The company, formerly known as Cypress Minerals Corp., is headquartered in Vancouver, Canada.
Top 10 Clean Energy Companies To Invest In Right Now: Cimpor Cimentos de Portugal SGPS SA (CPR)
Cimpor Cimentos de Portugal SGPS SA is a Portugal-based holding company engaged in the construction materials sector. The Company is primarily active in the production and sale of cement and clinker. It also involved in the manufacturing and marketing of ready-mix concrete, dry mortars and aggregates. As of December 20, 2012, the Company operated in Portugal, Egypt, Cape Verde, Angola, Mozambique, South Africa, Brazil, Argentina and Paraguay. The Company�� investments are held essentially through two subsidiaries: Cimpor Portugal SGPS SA, which holds the investments in companies dedicated to the production of cement, concrete, aggregates and mortar in Portugal, and Cimpor Inversiones SA, which holds the investments in companies operating abroad.Top 10 Clean Energy Companies To Invest In Right Now: Asia Bio-Chem Group Corp(ABC.TO)
Asia Bio-Chem Group Corp., through its subsidiaries, engages in the manufacture, packaging, and sale of cornstarch, germ, fiber, and gluten in People?s Republic of China. The company?s cornstarch is used in manufacturing food products, including MSG, fructose, maltose, glucose, dextrin, citric acid, and lysine. Its cornstarch is also used to produce sugar alcohols, such as sorbitol and mannitol, as well as to produce various modified starch products for the pharmaceutical and fine chemical industries. The company?s corn germ is used for producing margarine or corn oil for cooking; and gluten and fiber products are used by livestock farmers as animal feed. Asia Bio-Chem Group Corp. is headquartered in Shenyang, the People?s Republic of China.
Top 10 Clean Energy Companies To Invest In Right Now: Gendis Inc Com Npv(GDS.TO)
Gendis Inc. operates and leases commercial real estate properties to commercial tenants in Canada. As of April 30, 2011, the company owned and leased six properties comprising an industrial facility complex and five commercial properties. It also invests in exchange-traded equity securities primarily in the energy and energy transportation sectors, as well as in private placements. The company was formerly known as General Distributors of Canada Ltd. and changed its name to Gendis Inc. in May 1983. Gendis Inc. was founded in 1939 and is headquartered in Winnipeg, Canada.
Top 10 Clean Energy Companies To Invest In Right Now: Melkior Resources Inc(MKR.V)
Melkior Resources Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral resource properties in Ontario and Quebec, Canada. It explores for gold, uranium, nickel, copper, molybdenum, zinc, and platinum group metals. The company primarily focuses on its 100% owned Carscallen Timmins West property, which consists of 104 claim units covering 16.64 square kilometers located to the southwest of the city of Timmins. Melkior Resources Inc. is headquartered in Montreal, Canada.
Top 10 Clean Energy Companies To Invest In Right Now: Astivita Renewables Limited(AIR.AX)
AstiVita Renewables Limited, through its subsidiaries, imports, warehouses, and distributes bathroom, kitchen, and solar products for retailers, plumbing merchants, hardware suppliers, and licensed dealers in Australia and New Zealand. It offers tap ware, bath spouts, shower heads, bathroom vanities, baths and spas, basins, shower cubicles, bathroom accessories, mirrors and cabinets, bathroom toilets, plugs and wastes, kitchen sinks, kitchen appliances, and solar hot water and home solar electricity products. AstiVita Renewables Limited was founded in 2004 and is based in Rocklea, Australia.
Top 10 Clean Energy Companies To Invest In Right Now: IceWEB Inc (IWEB)
IceWEB, Inc. (IceWEB), incorporated in 1994, manufacture and market unified data storage, purpose built appliances, network and cloud attached storage solutions and deliver on-line cloud computing application services. The Company�� customer base includes the United States government agencies, enterprise companies, and small to medium sized businesses (SMB). The Company has three product offerings: Iceweb Unified Data Network Storage line of products, Purpose Built Network/Data Appliances and Cloud Computing Products/Services. In October 2013, IceWEB Inc completed its acquisition of Computers and Tele-Comm, Inc. and KC-NAP, LLC of Kansas City (collectively CTC).
IceWEB Unified Data Storage line of products
IceWEB is a provider of Unified Data Storage solutions. Its storage systems make it possible to operate and manage files and applications from a single device and consolidate file-based and block-based access in a single storage platform, which supports Fibre Channel SAN, IP-based SAN (iSCSI), and NAS (network attached storage). A unified storage system simultaneously enables storage of file data and handles the block-based I/O (input/output) of enterprise applications. One advantage of unified storage is reduced hardware requirements. The IceWEB Storage System is an all-inclusive storage management system, which includes de-duplication; unlimited snapshots; thin provisioning; local or remote, real-time or scheduled replication; capacity and utilization reporting, and integration with virtual server environments.
Purpose Built Network and Data Appliances
Purpose Built Network and Data Appliances are devices, which provide computing resources (processors and memory), data storage, and specific software for a specific application. The primary appliance products that IceWEB has built have been centered on a single large business partner, ESRI Corporation. IceWEB and ESRI have collaborated to create ultra-high performance IceWEB/ESRI GIS systems tha! t allow customers to access data with speed. ESRI Corporation takes responsibility for marketing to their customers and business partners, via their worldwide sales and consultancy organization.
Cloud Computing Products and Services
Cloud computing products and services consist of cloud computing services and cloud storage appliances. IceWEB provides IceMAIL, a packaged software service that provides network hosted groupware, e-mail, calendaring and collaboration functionality. Online services were expanded to include IcePORTAL, which provides customers with a complete Intranet portal and IceSECURE a hosted e-mail encryption service. Originally such hosted services were referred to as Software-as-a-Service (SaaS). Such services, hosted across the Internet are commonly referred to as Cloud Computing. A cloud storage appliance is a purpose built storage device configured for either branch office or central site deployment, which allows the housing and delivery of customer data across not only their internal networking infrastructure, but also to make that data available to employees or business partners securely via the Internet (often called the cloud).
The Company competes with EMC, Network Appliance, Dell, Hewlett-Packard, Sun Microsystems, Hitachi Data Systems, IBM, Compellent Technologies and Isilon.
Advisors' Opinion:- [By Bryan Murphy]
So far the brewing recovery effort from IceWEB, Inc. (OTCBB:IWEB) has remained off most traders' radars. That may be about to change, however. That's why you may want to go ahead and take a speculative plunge on IWEB now, on faith that the clues we're seeing now will indeed end up as they're suggesting.
Top 10 Clean Energy Companies To Invest In Right Now: Enbridge Inc Com Npv (ENB.TO)
Enbridge Inc. transports and distributes crude oil and natural gas primarily in North America. It operates crude oil and liquids transportation system comprising approximately 24,738 kilometers of crude pipeline. The company also engages in natural gas gathering, transmission, and midstream businesses, as well as power transmission; and provides liquids and natural gas contract storage services. In addition, it owns and operates natural gas distribution pipelines; provides distribution services in Ontario, Quebec, and New Brunswick in Canada, as well as in New York State; and operates offshore pipelines comprising approximately 2,400 kilometers that transport offshore deepwater natural gas production in the Gulf of Mexico. Further, Enbridge Inc. holds interests in a portfolio of renewable energy projects comprising 8 wind farms with 1,017 megawatts (MW) capacity, 4 solar energy operations consisting of 150 MW capacity, and a geothermal project with 23 MW capacity. The comp any was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is based in Calgary, Canada.
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