Washington State to Examine Potential For Asian Coal Exports

Bloomberg reported that, despite a change in leadership this coming January to a governor known to promote “greener” alternatives, there is a possibility that Washington state will increase coal exports. The area is being touted as a possible transit hub for exports to Asia.

As quoted in the market report:

Companies are angling to build two export facilities in Washington State from which 100 million tons of coal would be shipped to China, Japan and South Korea a year—about the same as what the United States exports now from East Coast and Gulf ports. They’ve applied for permits and are in the beginning stages of a complex state and federal approval process. In Oregon, three more proposals are underway.

To view the whole Bloomberg report, click here.