August 26, 2016 Read More →

California Senate Moves to Ensure Ban on Coal-Export Terminal

Richard Kuykendall for SNL:

The California State Senate approved a bill that would halt future state funding for export projects that would allow coal to be shipped or exported through California.

State Sen. Loni Hancock, D-Oakland, introduced the bill in reaction to a proposed development project in Oakland that would export up to 10 million tons of coal annually to China and other Asian countries.

Oakland City Council confirmed a ban on a Terminal Logistic Solutions project in a July vote. Hancock has said the bill is an effort to make sure that the issue would not resurface in California. Bowie Resource Partners LP has been a key supporter of coal exports off of California. The company’s operations, primarily based in Utah, have been eyeing increased exports as a means to boost revenues on top of the company’s core domestic thermal coal sales.

Full article ($): Calif. Senate passes measure to block coal export funding to governor

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