Proposed West Coast Coal Terminals Winnowed
Proposed West Coast Coal Terminals Winnowed
SUGAR LAND--November 9, 2016--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The prospect of heavy exports of coal to Asia through terminals in California, Oregon and Washington, long seen as a critical boost for embattled coal companies in the U.S., is looking less likely now. California legislation adopted this summer prohibited state agencies from funding any export terminal project involving coal, effectively killing at least part of a planned export terminal slated to be built in Oakland. A proposal to build an export terminal in Washington State was stopped this summer after it was unable to secure a permit. A third project, slated to be built in Boardman, Oregon, was abandoned by the developer last month.
Within this article: Details on the cancellations and delays facing coal-export terminals, and the ramifications to the coal industry and the U.S. economy.
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