This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Cramer's 'Mad Money' Recap: The Fiction of Clean Coal

Click here for an archive of Cramer's "Mad Money" recaps.

"Coal cannot be clean," Jim Cramer told viewers of his "Mad Money" TV show Thursday.

When both presidential candidates tout "clean coal" as an answer to the nation's energy problems, they are indulging in "magical thinking," he said.

He said the true promise of "clean coal" is to remove or at least reduce carbon dioxide emissions, but no company has that technology yet. He said such technology is anywhere from three to 10 years away.

Meanwhile, he said, the smarter, more pragmatic approach would be to focus on incremental solutions to make coal cleaner. Specifically, he noted current technologies such as scrubbers and boilers, which can remove much of the sulfur, nitrogen and mercury from coal.

He said the best play on cleaner coal technology is Foster Wheeler (FWLT), a stock which he owns for his charitable trust, Action Alerts PLUS . The company is a leader in coal fluidization boilers that can remove 95% of the sulfur from coal.

Cramer Interviews Petrohawk Energy CEO

Cramer last interviewed Foster's CEO on May 7. Since then, the stock is up 14%. "It's not done going up," he said. With energy demands expected to grow 40% between 2005 and 2030, Foster is positioned to be a leader in that growth, he noted.

Foster Wheeler also has exposure to the liquefied natural gas business, which is expected to grow from an $8.7 billion business to a $25.4 billion business by 2011. Cramer urged viewers to not believe the "clean" coal hype, but to instead invest in "cleaner" coal with Foster Wheeler.

Cramer: GM and Ford Are Lemons

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs