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Environment & Energy

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Lodestar

(2,388 posts) Fri Aug 1, 2014, 01:02 PM Aug 2014

Shipping Rates Drop as China Hydro Power Cuts Coal Need

Shipping Rates Drop as China Hydro Power Cuts Coal Need

Record production of hydropower from China’s Three Gorges and newer dams is displacing so much coal that rates to transport it have plunged to about record lows, roiling the shipping market.


http://www.bloomberg.com/news/environment/

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