Submission Number: MBTL-EIS-0000032
Received: 9/17/2013 11:00:29 AM
Commenter: Rodger Winn
Agency: Cowlitz County, the Washington Department of Ecology, and the U.S. Army Corps of Engineers
Initiative: Millennium Bulk-Terminals Longview EIS
Attachments: No Attachments
Exporting Coal Makes Global Warming Worse
The first lesson you learn in Economics 101 involves the supply and demand curves. Very simply, as the price of a commodity goes down the more people will buy, and the more the price goes up, the more suppliers will supply. Free market theory says that the market will establish its equilibrium at the price and quantity where these two curves meet.
What the coal companies are trying to do is export American coal into the world market, which would increase the supply and lower the world price. Since the energy companies around the world are price sensitive, they would tend to want to buy more coal at that lower price. In a world that is trying to stop global warming, that is exactly the wrong thing to do.
Since the export has not yet happened, the only viable decision is to not let it ever start. Please include this economic perspective in the EIS and lay out in front of everybody how really bad an idea this export of coal really is. Once the effects are known and analyzed, we are confident that rejecting the export permits will be an easy decision.
Please include in your EIS the effect on world-wide coal consumption if we contribute to the supply by exporting coal.