Re: Eureka City Council Mulls New Rail Line
Author: Mike Buettner
Date: 12-31-2011 - 19:42
The article is a good read and not the only one if you Google U.S. coal to China.
“China right now is having blackouts because they don’t have enough coal to fuel their electricity facilities,” Gregory Boyce, CEO of the world’s largest coal company, Peabody Energy, told CNBC this spring. “They continue to import more and more coal and they continue to look for coal resources across the globe. So we don’t see any signs of that slowing down.”