There’s a new front line in the battle to prevent catastrophic climate change.
Companies like Arch, Ambre, and Peabody want to ship the coal buried under the United States to Asia, releasing disastrous amounts of carbon pollution, just to line their own pockets. This expansion in US coal exports could release more carbon pollution than any other new fossil fuel project in the United States, according to a new report Greenpeace released today.
Coal companies are bound and determined to get that dirty black rock out of the Powder River Basin and send it over to Asian markets to line their pockets. While the EPA is pressing for stricter regulations on coal plants and the anti-coal movement stops new coal fired power plants from being built and existing coal plants from having their lives extended, coal companies like Arch Coal, Ambre Energy and Peabody Energy are looking at Japan, China and India for new markets.
The terminal will be used to upload Powder River Basin coal to barges to be shipped down river to Longview, WA. In Longview, the coal will be sent to Asian markets for combustion.
And FYI, if this inspires you and you want to take action against Chase, Fossil Fool’s Day is only two days away.
JPMorgan’s War on Nature
How the Wall Street darling underwrites environmental Armageddon.
By Andy Kroll | Tue Mar. 30, 2010 3:00 AM PDT
by Amanda Starbuck
We’re hearing some reassuring news from the EPA this morning.
The U.S. Environmental Protection Agency announced today that it is moving to block the largest mountaintop removal mining permit in West Virginia history, at Spruce Mine, operated by Arch Coal in Logan County.