Print Friendly and PDF

EPA rules may push coal companies to boost exports

Tougher emission rules at U.S. power stations will likely force coal companies to make up for lost domestic customers by exporting more to countries in Asia where environmental regulations are less stringent, analysts said.

Railroads, which haul about 70 percent of U.S. coal, could also try to mitigate the damage from lower shipments to utilities by carrying more coal for exports.

Proposed rules that will limit new power plants’ CO2 emissions, the first move by the world’s largest economy to regulate the gas blamed for contributing to global warming, were announced Tuesday by the Environmental Protection Agency (EPA).. Currently, coal-fired plants produce about 44 percent of U.S. electricity.

Continue Reading on www.reuters.com

Print Friendly and PDF
Posting Policy
We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse. Read more.