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Reply #3: Santos neglected to mention that coal means big bucks for Colombia [View All]

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rabs Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-28-10 03:08 AM
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3. Santos neglected to mention that coal means big bucks for Colombia


and a lot of it comes to the United States.

------------------------

Coal is an important part of the Colombian economy: in 2009, coal represented about one-quarter of total export earnings, and mining taxes and royalties paid to the Colombian government exceeded $1 billion. During the first nine months of 2009, the United States imported 13.6 MMst of coal from Colombia, about 80 percent of total U.S. coal imports.

http://www.eia.doe.gov/emeu/cabs/Colombia/Coal.html


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