Is China Big Coal's Cash Cow? Maybe Not

China's appetite for energy may be ravenous, but increasing domestic supply could mean U.S. coal suppliers get the slip.

A worker reinforces a plank in a pit at the Moxinpo Colliery in Chongqing, China, Nov. 21, 2007. According to state media, accidents in China's coal mines claim over 5,000 lives each year.
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To manage increased demand for U.S. coal abroad, plans have already been inked to double export capacity on the coasts and in the Gulf of Mexico within the next decade, Popovich says.

"China's demand for coal will be enormous for a long time," he adds. "And as some of the traditional European exporters swing to China to satisfy Chinese demand, they leave more for [U.S. suppliers] in Europe."

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