Monday, August 25, 2014

Port Metro Vancouver okays coal port

Port Metro Vancouver, Canada’s largest, approved a plan to build a $13.7 million terminal to ship coal from Wyoming to Asian markets.

Coal from the Powder River Basin in Wyoming would be shipped by rail to the new terminal and then loaded directly onto barges for shipment to Texada Island, British Columbia, before being loaded on ocean-going vessels to markets in Asia, the port said.

B.C.’s Fraser Surrey Docks, which has faced opposition from environmental activists and locals about issues ranging from climate change to coal dust, plans to build the facility next to its existing container terminal.

"Through our comprehensive project review process, stakeholder consultation, as well as third-party validated environmental and health studies, it was determined there are no unacceptable risks and the project could be permitted," Peter Xotta, Port Metro Vancouver’s vice president of planning and operations, said Thursday in an e-mailed statement.

For more of the Bloomberg story: www.bloomberg.com


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