Bellingham Comments from Digital Recorder - EISs for the Proposed ...

GATEWAY PACIFIC TERMINAL EIS SCOPING HEARING VOL. II
COURT REPORTER: BETH DRUMMOND PROCEEDING DATE: October 27, 2012
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1 slow economic growth in all of the industries that use coal
2 for power. Because of the European financial crisis,
3 they've received less demand for products that they
4 manufacture.
5 They have a new five-year plan, whose policies
6 for the first time harmonize with international pressures.
7 It shifts away from a coal-driven economy towards
8 development and use of low-carbon energy and conservation.
9 It puts a cap on the use of coal.
10 At shipping ports, power plants, and their own
11 coal mines, stockpiles of excess coal inventories have been
12 piling up. Ships that arrive with more coal have been
13 turned away.
14 One Chinese trader said, "The glory days of big
15 coal are behind us." And another said, "We stopped
16 importing at the end of May."
17 This is true of other Asian countries as well.
18 (Applause.)
19 MS. STRAUSZ-CLARK: This concludes our discussion
20 today. Thank you so much for your kind and respectful
21 participation, and for participating in the scoping process.
22 All of us on behalf of the co-lead agencies, I
23 want to thank all of you for being here and having
24 participated here today. If you have not spoken today and
25 have not submitted a written comment, please do so and thank