The Midnight Sun
User ID: 81535466
 Australia
04/07/2022 10:44 PM
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Report Copyright Violation | ‘US can’t replace Russian coal supplies to Europe’ proposed sanctions fail to pass The US coal mining industry is unable to expand production to replace Russian coal on the European market, the country’s biggest exporter said on Tuesday.
The comment follows a proposal by the European Commission to impose a ban on coal imports from Russia as part of a wider package of sanctions on Moscow over the conflict in Ukraine. “I don’t see any ability for the industry to expand production. It’s like looking at a sweet dessert that you just can’t reach,” Ernie Thrasher, chief executive officer of Xcoal Energy & Resources LLC., the US’ biggest exporter, told Bloomberg. The US is among the world’s top five coal exporters, and sells most of its coal to India, Brazil and South Korea. According to Thrasher, most of the US coal output has already been sold under long-term contracts and there are few spare tons to deliver to Europe. With coal being the dirtiest fossil fuel, there has been little investment in new capacity, he explained, adding that tight labor markets and supply-chain bottlenecks caused by the coronavirus pandemic would also make it difficult to deliver extra tons for export. According to media reports, potential buyers from some EU countries have already approached Indonesia and Australia, the world’s largest thermal coal exporters. But those countries have limited capacity as well. The EU wants to move away from Russian supplies, which meet 70% of Europe’s demand for thermal coal....' [ link to alethonews.com (secure)] |
Anonymous Coward
User ID: 78127408
 Germany
04/07/2022 10:47 PM
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Report Copyright Violation | Re: ‘US can’t replace Russian coal supplies to Europe’ proposed sanctions fail to pass |
Anonymous Coward
User ID: 38907753
 United States
04/07/2022 10:48 PM
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Report Copyright Violation | Re: ‘US can’t replace Russian coal supplies to Europe’ proposed sanctions fail to pass |
mouse..
User ID: 82425920
United States
04/07/2022 10:49 PM
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Report Copyright Violation | Re: ‘US can’t replace Russian coal supplies to Europe’ proposed sanctions fail to pass Quoting: Anonymous Coward 78127408 Not can China.. Big woopsie act of God on China's Coal.. ;) |
Anonymous Coward
User ID: 77370565
 Denmark
04/07/2022 10:52 PM
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Report Copyright Violation | Re: ‘US can’t replace Russian coal supplies to Europe’ proposed sanctions fail to pass "Adding that tight labor markets and supply-chain bottlenecks caused by the coronavirus pandemic lockdowns would also make it difficult to deliver extra tons for export" |
Anonymous Coward
User ID: 82469593
04/07/2022 10:54 PM
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Report Copyright Violation | Re: ‘US can’t replace Russian coal supplies to Europe’ proposed sanctions fail to pass 81 million real and valid votes can't be wrong!!
Joe pedo is the best prez ever!! |
