Futures have climbed 48% in July as power plants guzzle the fuel to keep air conditioners humming
Coal, like gas, is in high demand from power producers struggling to generate enough electricity to run air conditioners.
Now, consider this. The tiny state of Massachusetts has 2 million registered automobiles. If just half were electric, that'd be a million cars to recharge at least a couple times a week in addition to all that AC.
California has 14 million registered autos.
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