Billionaire George Soros warms up to coal as stock prices hit bottom

It isnt for the coal, it is strictly for buying the carbon credits. They are going to be worth a fortune.

But buying companies for carbon credits is nothing new. Duke Energy has been doing that for years. Buy a plant, shut it down. Transfer the credits to a company you already own that needs that blanket.

Won't lie, if I was a heartless investor, I'd do the same thing.

Rule 1. Buy low, sell high.
Rule 2. Borrow a commodity when it's high, repay it when it's low, and pocket the difference.

So by this logic, he would be about to short some high priced commodities. I don't have a dog in this fight either way, so meh.