"Coos Bay Coal Port's Last Partner Drops Out Of Proposal"

"GRANTS PASS, Ore. -- The last partner has dropped out of a proposal to ship coal from Montana and Wyoming to Asia through Oregon's Port of Coos Bay, port officials announced Monday."

"Metropolitan Stevedore Company of Wilmington, Calif., known as Metro Ports, did not renew the exclusive negotiating agreement that expired Sunday, the port said. Two other partners dropped out earlier.

Port CEO David Koch said the port was continuing to develop new shipping facilities, but did not say if that would include coal.

Environmentalists have mounted a campaign to stop the proposed shipments, arguing that burning coal in Asia contributes to global warming and that huge trains filled with coal would be bad for the health of communities along the route. They have argued that demand for coal in Asia is dropping as concerns rise over its contributions to climate change."

Jeff Barnard reports for the Associated Press April 1, 2013.

Source: AP, 04/03/2013