NEW YORK ( TheStreet) -- Investing in coal has yielded lousy results for the last two and a half years. Since peaking in April 2011 the Market Vectors Coal ETF (KOL) is down 59% while the energy sector as measured by the Energy Select Sector SPDR (XLE) is up 7.5%. Things have been so rough that PowerShares closed its Global Coal Portfolio fund in February, which had only $10 million in assets.As difficult as it has been for the coal industry it stands to become even more difficult because of new legislation on emissions for new coal-fired plants.
A Lump of Coal Could Be Nice for Your Portfolio
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