China’s new cap on coal use could hurt viability of proposed local coal terminals

24/11/13
Author: 
Chuck Chiang
AFP/Getty Images

The proposed construction of a new coal terminal at Fraser Surrey Docks is drawing the ire of environmental group Greenpeace. That’s not surprising. What is unexpected is the angle from which Greenpeace is taking aim at the Port Metro Vancouver facility. It is not using the increase on global carbon emissions and health consequences as its main argument that the terminal should not go ahead. Rather, it is on the grounds for which the terminal was proposed in the first place: economics.