Guest Commentary: Clark Williams-Derry

Clark Williams-Derry is the deputy director of the Seattle-based Sightline Institute.

IEEFA Guest Commentary: Cloud Peak Pulls Back From Once-Ambitious Coal-Export Plans

In Reworking of Pacific Rim Contracts, an Acknowledgement of Market Realities

In another sign of the collapsing prospects for West Coast coal exports, Cloud Peak Energy—one of the largest coal producers in the American West and the best positioned coal exporter in the vast Powder River Basin—recently announced that it had extricated itself from long-term contracts to move coal into Pacific Rim markets. It was a costly retrenchment: the […]

Five Facts About Declining Coal Markets

A Few Fundamentals That Bear Repeating

I spend so much time immersed in the minutiae of coal markets that I forget that most people—the normal ones, I mean—pay almost no attention to trends in the global coal industry. There’s no shame in that, obviously. Still, based on conversations I had with friends and family over the holidays, it’s clear that lots […]

Cloud Peak to Put Coal Exports on Hold

Cloud Peak to Put Coal Exports on Hold

Coal prices now so low that Cloud Peak is paying Westshore NOT to export its coal

After the stock markets closed last Wednesday, Cloud Peak Energy dropped a bombshell announcement: the company now expects to put all coal exports on hiatus from 2016 through 2018. It was shocking news, coming from a company that had long made Asian exports the centerpiece of its growth strategy. But what made the news all the more shocking […]