Continental Coal - Stock Certificate
Inv# MS1010 Stock
Coal Mining Stock. An outstanding vignette of George Washington on a horse. Unissued. Rare!!!
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands—called coal forests—that covered much of the Earth's tropical land areas during the late Carboniferous (Pennsylvanian) and Permian times. However, many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras.
Coal is primarily used as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. As of 2016, coal remains an important fuel as it supplied about a quarter of the world's primary energy and two-fifths of electricity. Some iron and steel making and other industrial processes burn coal.
The extraction and use of coal causes many premature deaths and much illness. The use of coal damages the environment, and it is the largest anthropogenic source of carbon dioxide contributing to climate change. In 2018, 14.4 gigatonnes (Gt) of coal was used, which is 40% of the total fossil fuel emissions and over 25% of total global greenhouse gas emissions. As part of the worldwide energy transition many countries have reduced or eliminated their use of coal power, and the UN Secretary General has asked governments to stop building new coal plants by 2020. Coal use peaked in 2013, but to meet the Paris Agreement target of keeping global warming to well below 2 °C (3.6 °F) coal use needs to halve from 2020 to 2030.
The largest consumer and importer of coal is China. China mines almost half the world's coal, followed by India with about a tenth. Australia accounts for about a third of world coal exports, followed by Indonesia and Russia.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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