Coal exports could add $2-6B to economy

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Friday, August 03, 2012

Increased coal exports could bring $2-6 billion per year to the U.S. economy, a new report says.

The report comes from the Energy Policy Research Foundation, a Washington, D.C.-based think tank that focuses on oil-related economic issues.

Around a half-dozen proposals have arisen in Washington and Oregon this year to build export terminals that would shuttle coal from the Powder River Basin of Montana and Wyoming to energy-hungry Asian markets through the Pacific Northwest. Three projects proposed along the Columbia River near Portland represent around $1 billion in private investment.

Read more at Sustainable Business Oregon.

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