ARCH COAL BACKS OUT OF LONGVIEW EXPORT TERMINAL, LEAVES VULTURE CAPITAL GROUP HOLDING THE BAG

“Arch Coal, the second largest coal company in America and last big name remaining in the coal export game, gave up the ghost. The company handed over its 38% share in the proposed Millennium Bulk Logistics Terminal in Longview, Washington, to the project’s last remaining supporter, Lighthouse Resources—a company that used to be called Ambre Energy North America until a financial collapse forced Ambre to cede its assets to its investors.” Read more from Sightline Institute.