“Utilities in the U.S. are scrambling for coal, on pace to increase imports 26 percent this year. Russia, the world’s third-largest exporter of the fuel, will boost shipments 3.9 percent to 106 million metric tons this year, IHS Energy forecasts, part of President Vladimir Putin’s plan to expand Russia’s role in the global coal market. The Russian fuel appeals to power producers because it emits less sulfur than other coals, making it easier to comply with environmental rules, and has a high heat content, meaning it can produce more power per measure of fuel, Stevenson said. In 2012, Putin pledged to spend $120 billion to expand Russia’s coal mining capacity and boost exports through 2030.”
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