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How the 'War on Coal' went global http://apocadocs.com/s.pl?1418673285
Congressional Republicans who vow to defeat President Barack Obama's "War on Coal" can do little to defend the industry against a growing international threat -- the drying up of its once-promising markets overseas.
Just a few years ago, domestic producers had high hopes for selling coal to energy-hungry Asia, but prices in those markets are plummeting now amid slowing demand and oversupply, ceding much of the market space to cheaper coal from nations like Indonesia and Australia. Meanwhile, a lot of U.S. coal can't even get out of the country, thanks to greens' success in blocking proposed export terminals in Washington state and Oregon. And China, the world's most voracious coal customer, just pledged to cap its use of the fuel and is promising to curb its greenhouse gas pollution.
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[Read more stories about:
carbon emissions, climate impacts, coal issues]
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War on Coal = Peace on Earth
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