Administration Establishes Coal Export Working Group —Will Move 'Aggressively'

The Reagan Administration implemented its coal export development policy when a high-level interagency working group met for the first time recently to tackle obstacles to U.S. coal exporting.

Commerce Secretary Malcolm Baldrige, opening the initial session, told officials from more than a dozen executive branch agencies that "you have the opportunity to redefine the United States' role in world energy economics." He cited Commerce Department estimates that coal exports will add more than $6 billion in trade income by 1985, and more than $14 billion by the year 2000.

"You can help us change into a major world energy supplier and provide a key element in this Administration's economic recovery program," Secretary Baldrige said.

Assistant Secretary William H.

Morris Jr., named earlier as chairman of the new interagency group and chief Administration spokesman on coal export matters, said the group would "move aggressively to make this nation the preeminent source of coal on the world energy market." This aggressive export policy, marine industry officials stated, will have significant impact on the growth and development of barge and tug construction as well as on the development of port terminal facilities in the U.S.

Maritime Reporter Magazine, page 15, Oct 1981

Read Administration Establishes Coal Export Working Group —Will Move 'Aggressively' in Pdf, Flash or Html5 edition of October 1981 Maritime Reporter

Other stories from October 1981 issue

Content

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.