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New opportunities for coal. [Monograph]

Journal Article · · Backgrounder; (United States)
OSTI ID:6342865
Mr. Copulos says the US must take immediate steps to improve coal-handling and -transport facilities if it wants to increase its current 18% share of the coal-export market to 38% and add $14 billion a year to the balance of payments by the year 2000. He notes that competition for export markets is keen, despite the nation's 30% or world reserves. Port and rail modernization is a federal responsibility, but he feels the private sector is ready to shorten the 21-year lead-time for government projects. Mr. Copulos suggests that relief from regulatory impediments and the encouragement of foreign capital should be the major federal contributions. He discusses a three-point private-sector program (coal-export zones, coal-export investment companies, and a national coal exchange) which he thinks could revitalize coal exports and contribute to the administration's federalism goal. (DCK)
OSTI ID:
6342865
Journal Information:
Backgrounder; (United States), Journal Name: Backgrounder; (United States) Vol. 190; ISSN BCKGD
Country of Publication:
United States
Language:
English

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