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This $2 Trillion Bank Is Cutting Out Coal

Source: EIA.gov.

The end of coal?

Bank of America is reducing its exposure to coal, but this dirty fuel is far from finished. While the United States is moving on to greener power pastures, the International Energy Agency predicts that global coal demand will grow at an average annual rate of 2.1% through 2019, due primarily to China, the world's biggest coal user, producer, and importer. But just like Bank of America, China has embarked on its own diversification mission, ramping up natural gas, nuclear, and renewable energy investments.

For investors, the days of pure coal plays may be over. If coal companies carry too much risk for one of the largest corporations and the largest country in the world, you can bet your bottom dollar they're not helping to balance your own portfolio. Divest today , and you'll be well on your way to a progressive, promising, and profitable stock pile for the years to come.

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One bleeding-edge technology is about to put the World Wide Web to bed. And if you act quickly, you could be among the savvy investors who enjoy the profits from this stunning change. Experts are calling it the single largest business opportunity in the history of capitalism... The Economist is calling it "transformative"... but you'll probably just call it "how I made my millions." Don't be too late to the party -- click here for one stock to own when the Web goes dark.

The article This $2 Trillion Bank Is Cutting Out Coal originally appeared on Fool.com.

Justin Loiseau has no position in any stocks mentioned. The Motley Fool recommends Bank of America. The Motley Fool owns shares of Bank of America. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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