The Unwelcome Reality For U.S. Coal Exports

U.S. coal export capacity is running well below capacity, and as such, exporting coal from the U.S. west coast is a losing strategy. That comes from a new report put out by the Institute for Energy Economics and Financial Analysis (IEEFA), which found that despite the very lofty plans by many coal companies to ship coal to rapidly growing markets in Asia, doing so would result in a financial loss. The report finds that even existing coal export terminals are not running full tilt. The U.S. exports coal largely through ports on the east coast –…

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