It’s no secret that the U.S. coal industry’s hopes of revival by exporting its product to Asia via West Coast ports—what Platts has called an “export or die” strategy—have been dashed by the structural decline in global coal markets.
That’s why Wyoming Gov. Matt Mead’s recent announcement that a new “clean coal” technology partnership between his state and a Japanese consortium could open up plans for exports of Powder River Basin coal only stirs up false hopes. (more…) Continue Reading →
