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Despite slowdown, global coal remains a planet-destroying monster
2013-07-30 20:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: In my last post, I referenced a new report from Goldman Sachs analysts showing that the market for seaborne thermal coal (overseas imports and exports used to fuel power plants) is likely to fall from 7 percent annual growth to around 1 percent, and stay there for the foreseeable future. This is great news, in that it has the potential to render several new large-scale coal-extraction projects around the world - including export terminals in the U.S. Pacific Northwest - unprofitable before they are...
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Category:Electronics and Electrical