The U.S. coal export industry continued its losing streak as 2014 ended and 2015 began. A coal terminal project in Louisiana lost its permit in state court, and one in Washington ran into a stiff legal challenge. Last month, the company behind several other planned terminals sold its remaining projects to a high-risk investment firm at a major loss.
The developments continue a string of victories for environment groups fighting the export of coal to developing economies such as China. Of 15 proposals to build major new coal export facilities across the U.S., all but four have been defeated or canceled within the past two years. And only a few existing facilities have won approval to expand.
"This is an ugly, ugly time for coal exports," said Clark Williams Derry, research director for the Seattle-based Sightline Institute, a nonprofit think tank that promotes sustainable policies for the Pacific Northwest.