Target: Don Jensen, Mayor of Longview, WA
Goal: Don’t build a new coal terminal that will harm both the environment and the economy.
Millennium Bulk Terminals plans to build a new coal export terminal in Longview, WA, that will create more greenhouse gasses and accelerate climate change. In addition to being environmentally harmful, the company’s proposal to increase coal production is economically unsound. Coal prices have been falling since 2011. Tell Mayor Jensen to protect the interests of his constituents and put a stop to this risky venture.
Coal produces one third of the world’s carbon dioxide pollution. Out of all the ways to harvest electricity, coal releases the most contamination. Nature Climate Change estimated the cost of the economic destruction created by carbon emissions at $220 per ton. In addition, coal creates particulate matter pollution and other waste such as mercury. Particulate matter pollution causes respiratory problems like asthma, while mercury harms the nervous system.
The coal terminal will cause economic harm as well as environmental harm. The total cost of the terminal is estimated at over $60 million. With coal prices falling, this is not a good investment. In 2015, coal prices were at a 12-year low.
The companies involved with the production of the terminal have dubious financial records. Ambre Energy, of which Millennium Bulk was a subsidiary, was forced to sell its northwest interests in order to pay its debts. Millennium Bulk was then transferred to Resource Capital Funds, one of the primary investors in Ambre Energy. Resource Capital Funds has a history of dubious investment transactions. In 2012, it was sued for providing false information in public disclosures.
The creation of this coal terminal could be both environmentally and economically disastrous. Call on Mayor Jensen to stop the construction and safeguard the welfare of Longview.
Dear Mayor Jensen,
The construction of the Millennium Bulk Coal Terminal must not go forward. Building the terminal could produce a host of environmental and economic problems, which would more than negate the benefits of the jobs created. Protect the long term interests of your city and do not let this project proceed.
One third of the world’s carbon dioxide pollution is created by coal. In addition, using coal also creates health problems in surrounding communities. Coal produces particulate matter pollution and mercury byproducts. Particulate matter pollution causes respiratory illnesses such as asthma, while mercury damages the nervous system.
In addition, investing in coal carries economic risk. Coal prices have been sinking since 2011 and hit a 12-year low in 2015. The company that proposes to build the terminals is not a safe bet either. It has a record of dicey investments and in 2012 it was sued for giving false information in public disclosures. If the company provided misinformation to shareholders, then there is a strong chance that it could be providing misinformation to the city of Longview.
Building a coal terminal is not a viable long-term option either economically or ecologically. Ending the construction will protect the interests of both Longview and the environment.
[Your Name Here]
Photo Credit: Anry Ermolaev