President Donald Trump is preparing to use Cold War-era authorities to dole hundreds of millions of federal dollars to support coal-fired electricity as well as US exports of the fossil fuel.
The total coal exports of the US are like 2% of Chinas coal consumption and the volume of US coal mining is about 10% of what China consumes. It really does not take much to kill that market.
Exactly, which is why China is so important. If they even have a fairly small drop in coal consumption, that basically kills US coal exports and therefore the US coal industry.
The total coal exports of the US are like 2% of Chinas coal consumption and the volume of US coal mining is about 10% of what China consumes. It really does not take much to kill that market.
Idk if you’re just wildly misinterpreting what I am saying or ???
The foreign coal markets are what is keeping the American coal industry afloat. That’s what I am saying.
The USA is largely phasing coal out, Trump and co are trying to stop this because they’re stupid.
The coal industry in the USA is dead without foreign purchasers.m, of which China is one.
Exactly, which is why China is so important. If they even have a fairly small drop in coal consumption, that basically kills US coal exports and therefore the US coal industry.
Much like the cigarette market, dominated by American tobacco producers, looks to the rest of the world.
You’ve caught up with my statement.
Sorry, it just took me a minute to understand that you truly believe that China rather import coal from the US, then protect its own mining industry.