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Union Pacific Corporation Logo
  • commented 5 months ago
  • tags: NSC CSX UNP
  • Yes, overall coal shipments by rail will decline, but not in the western US or Canada as China needs cleaner burning PRB coal because of pollution issues and because they are opening 163 new coal electrical plants in the next 4 years. Additionally, the Japanese have increased coal usage to make up for loss of nuclear power and they along with the S Koreans want cleaner coal. Another good reason to expand ports in the NW and create high paying jobs in America, rather than Canada or Australia. [ less... ]
    Yes, overall coal shipments by rail will decline, but not in the western US or Canada as China needs cleaner burning PRB coal because of pollution issues and because they are opening 163 new coal electrical plants in the next 4 years. Additionally, the Japanese have increased coal usage to make up for loss of nuclear power and they along with the S Koreans want cleaner coal. Another good reason to expand ports in the NW and create high paying jobs in America, rather than Canada or Australia.
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