US Coal Exports
New! Exports Economic Contributions Report
Oct 06 2013

Coal Exports Add Millions to Virginia Regional Economy (The Virginian-Pilot)

Report: Coal’s regional impact is $900M, 4,200 jobs

It’s no secret that coal has taken its lumps in the national debate about climate change and efforts to lower carbon emissions.

As the nation’s largest coal exporting port, however, Hampton Roads has more riding on that conversation than some may have realized.

A new Old Dominion University analysis of the regional economic impact of local coal exports – part of ODU’s annual “State of the Region” report released last week – shows how much.

Including indirect effects, Hampton Roads coal shipments in 2011 generated more than $900 million in goods and services and nearly 4,200 jobs, according to the ODU study.
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Oct 03 2013

Hampton Roads Coal Exports Increase Dramatically (Platts)

Hampton Roads coal exports jump 21.4% in September: association data

Coal exports from terminals in Virginia’s Hampton Roads region were mixed in September, down 2.4% from August, but up 21.4% from the same month a year ago, according to data the Virginia Maritime Association issued Thursday.

Year-to-date exports from the Lambert’s Point, Pier IX and Dominion Terminal Associates terminals total about 38.6 million short tons, up 1.2% compared with the same period a year ago.

The increase in exports is welcome news for coal producers, who continue to ship metallurgical and thermal coal to destinations in Europe and Asia despite a long slide in seaborne coal prices, although they have rebounded recently.
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Oct 01 2013

Labor Unions Support Coal Export Terminal Proposal (NW Labor Press)

Unions turn out to support coal export terminal in Longview

LONGVIEW — A strong contingent of union members and their families turned out for a public hearing Sept. 17 to voice their support for a coal export facility being proposed by Millennium Bulk Terminals. The company wants to build a $643 million terminal at the former Reynolds Aluminum smelter at the Port of Longview.

Cowlitz County, state, and federal regulators are holding five public hearings in Washington to determine the scope of the environmental review of the project. The Sept. 17 public hearing filled the Cowlitz Expo Center with about 2,000 supporters and opponents. Environmental groups have mounted a massive campaign against all proposed West Coast coal export terminals.
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Oct 01 2013

University Study Shows Coal Exports Economic Impact in Virginia (National Mining Association)

 

Study: Coal Exports Contributed $500 Million to Hampton Roads in 2011

The State of the Region Report published this week by the Old Dominion University Economic Forecasting Project highlights the significant economic impact of coal export shipments from Hampton Roads, Va. The study found that coal exports contributed $500 million in direct economic impact and 1,100 jobs to the area in 2011. When indirect and induced effects are accounted for, it becomes even clearer how important coal export shipments are to Hampton Roads. Indirect and induced benefits to the area included more than $900 million in goods in services, $200 million in earnings across all private sector industries and almost 4,200 jobs.

A complete copy of the research is available here.
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Sep 30 2013

American Farm Bureau Supports Coal Exports Proposals (Sustainable Business Oregon)

Farm Bureau throws support behind coal terminals

By Andy Giegerich, Sustainable Business Oregon editor

Supporters of three proposed coal export facilities in the Northwest picked up a heady supporter as discussions over the energy form hit continued fevered pitches.

The American Farm Bureau has thrown its backing to the Alliance for Northwest Jobs & Exports as officials consider coal transport facilities in Boardman and in Cherry Point and Longview, Wash. The Farm Bureau believes that the facilities will deliver thousands of jobs, bolster the Northwest’s trade infrastructure and, eventually, benefit agriculture producers.
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  • “The President’s National Export Initiative should place greater public emphasis on the role coal exports are playing to help reach the White House’s goal of doubling U.S. exports.”
    — U.S. Senator Lisa Murkowski, January 7, 2014
  • “…we need to export more of our goods. Because the more products we make and sell to other countries, the more jobs we support right here in America…We will double our exports over the next five years, an increase that will support two million jobs in America…We have to seek new markets aggressively, just as our competitors are. If America sits on the sidelines while other nations sign trade deals, we will lose the chance to create jobs on our shores”
    — President Barack Obama, January 27, 2010
  • “Historically, U.S. companies seeking to expand their revenues focused first on increasing their number and share of U.S customers. For years, this focus served as a winning strategy for many of the most successful U.S. companies. Today, global economic trends make clear that successful companies are those that reach and sell to consumers outside U.S. borders and around the globe.”
    — 2011 National Export Strategy, U.S. Trade Promotion Coordinating Committee
  • “Federal regulatory agencies should not require climate change studies in the course of their permitting processes for proposed facilities. Coal will be consumed around the world regardless of U.S. trade policy. The only question is whether the coal is produced here in North America, where environmental standards are high, or elsewhere.”
    — U.S. Senator Lisa Murkowski, January 7, 2014
  • “At present 19% of the world’s population, 1.3 billion people, lack access to electricity and on New Policy Scenario projections there will still be 1 billion people without such access in 2030. To meet the UN Millennium Development Goal of eradicating extreme poverty by 2015, 395 million more people need access to electricity. There is a strong correlation between electrification and improvement in the United Nations’ Human Development Index.”
    — International Energy Agency, Coal Industry Advisory Board
  • “Access to electricity is strongly correlated with every measurable indicator of human development”
    — Berkeley Science Review, 2008

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