Montana Governor Brian Schweitzer has been making deals with Australia and China to sell them coal from Montana, which has the largest coal reserves of any state in the U.S.
As a result, an Australian company said it is buying an interest in coal mines in Montana and Wyoming, a move that comes as interest increases in shipping the product overseas to feed growing energy demands in Asia.
Montana Governor Selling Out To Foreign Coal Companies
From The Missoulian:
“This is a good company from Australia who is well funded, well banked, and they have bought a mine in Montana and have every intention to ship it to Asia,” Schweitzer said. “It’s a great story. My role in this is a catalyst to bring some capital to a resource in Montana.”
According to Schweitzer, the coal mine deal represents a chance to further expand energy development in eastern Montana. The governor said he expects the biggest demand for the product will be overseas. Since many of Montana’s coal resources are yet untapped, this is an indication that he could open them up and wreak havoc on the state’s environment.
Ambre Energy Limited said it bought a 50 percent interest in the Decker Coal Company in southern Montana and the Black Butte Coal Company in Wyoming, along with an interest in other coal reserves in the region. The company did not disclose the price. Earlier this year they bought an interest in a Columbia River shipping port near Longview, Washington.
The company said the coal plant deal was initiated at the urging of Schweitzer, who introduced the parties and has been looking for ways to develop more Montana resources.
Destruction Of Beautiful Montana
As someone who has spent many vacations hiking and backpacking in the amazing Montana wildness, I am outraged and also deeply saddened.
And now Governor Schweitzer plans on making a deal with China.
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