If China Wants Coal, the US Has Got Coal
ChinaDaily cited Marc Scribner on the influx in demand for US coal exports as the Chinese government has shut down many of its less productive coal mines.
The US exported 97 million short tons (MMst) of coal in 2017, a 61 percent increase over the 2016 level, as exports to Asia more than doubled from 15.7 MMst in 2016 to 32.8 MMst in 2017, including about 3.2 MMst to China, according to the US Energy Information Administration.
“Coal exports in the US are surging in part because China has been shutting down its less efficient coal mines,” Marc Scribner, senior fellow at the Competitive Enterprise Institute, told Fox Business in March.