exports

Local News
10:53 am
Wed November 27, 2013

Kentucky Vehicle Exports Top Last Year's Record

Kentucky exports are on a record pace this year, and vehicle exports are already at an all-time high.  

Through the first nine months of the year, the commonwealth’s vehicle exports were up over 40 percent.

Gov. Steve Beshear says the state exported more than $3 billion worth of vehicles through September and will likely top $4 billion by year's end.

Beshear says that translates into more jobs and a stronger state economy.The previous record for vehicle exports was $2.7 billion, set last year.

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Environment
8:30 am
Tue September 17, 2013

What Does the Future Look Like for Coal Exports From Kentucky?

Credit Harry Schaefer / U.S. National Archives and Records Administration

As U.S. consumption of coal declines, it’s led to economic problems in some of the country’s coalfields—most notably, Appalachia. For the past few years, the buzzword from the coal industry has been “exports:" relying on a rising demand for coal in countries like China and India to help cushion the blow to the region’s economy.

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Environment
5:18 pm
Tue July 23, 2013

Eleven Months Later, Delays Continue in Kentucky's India Coal Export Deal

Harry Schaefer U.S. National Archives and Records Administration

It’s been nearly a year since Kentucky officials announced plans to send up to 9 million tons of coal a year to India, and the first shipment still hasn’t been sent.

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Environment
11:55 am
Thu January 31, 2013

This Week in Asian Coal News: China Burns More, India Needs More

Harry Schaefer U.S. National Archives and Records Administration

Two related stories about coal in Asia broke earlier this week: that India just doesn’t have enough coal to meet the country’s demands, and that China burns nearly as much coal as the whole rest of the world.

The news about China was released by the Energy Information Administration on Tuesday, and Brian Walsh of TIME summed it up with his headline: “The Scariest Environmental Fact in the World.”

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Environment
11:50 am
Tue October 23, 2012

2012 Expected to be a Record Year for Coal Exports

Energy Information Administration

Coal exports are expected to exceed record levels this year, according to the Energy Information Administration.

By the end of the year, the country is expected to have exported 125-133 million tons of coal—which shatters the previous record of 113 million tons set in 1981. This is largely due to a very strong first six months of the year, and the EIA notes that since then, the global demand for American coal has been slightly waning.

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Environment
7:45 am
Thu September 6, 2012

Indian Newspaper Reports Huge Kentucky-India Coal Deal May Be in Jeopardy

Harry Schaefer U.S. National Archives and Records Administration

The Hindustan Times is reporting that a government investigation in India could put the huge Kentucky-India coal deal in question. This is the $7 billion trade deal that was announced last month to much fanfare.

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Environment
3:20 pm
Wed August 22, 2012

Does the Huge Kentucky-India Coal Deal Make Sense?

Coal on a barge in the Kanawha River in 1973.
Harry Schaefer U.S. National Archives and Records Administration

Last week, there was huge news for the coal industry. Kentucky coal producers signed a deal to export up to nine million tons of coal a year for the next 25 years, to the reported tune of $7 billion.

I’ve already covered why the deal is good news for struggling Appalachian coal producers (but not good enough news to turn the industry around), the extent of Rep. Keith Hall’s involvement, and what the increased coal exports could mean for the environment. But now I’m hearing conflicting opinions about why this deal actually happened in the first place, and whether or not it makes sense.

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Environment
8:00 am
Mon August 20, 2012

India Coal Deal Bad News for Climate Change

A recent deal to send millions of tons of Appalachian coal to India could bring billions of dollars to Kentucky coal producers over the next twenty-five years. But it’s not very good news for climate change.

The deal will ship up to nine million tons of Appalachian coal to India for the next 25 years. This is a lot of coal—nine million tons is actually about equivalent to the amount of coal purchased by the state of Virginia in 2010.

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Environment
11:36 am
Fri August 17, 2012

A Few More Details About the India Coal Deal Emerge

Financial news service SNL has a story out today with a few more details about the deal that was announced earlier this week between Kentucky coal producers and an Indian company.

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Environment
6:00 am
Thu August 16, 2012

Analyst: India Contract is a Big Deal, Won't Save Appalachian Coal

Nine million tons of Appalachian coal will be heading to India this year, after a new deal was announced yesterday between several Kentucky coal producers and an Indian company. This is good news for the struggling Kentucky coal industry—but it may not be enough.

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