1.0Sightline Institutehttps://www.sightline.orgEric de Placehttps://www.sightline.org/profile/eric-de-place/Gambling on Coal, and Losing - Sightline Instituterich600338<blockquote class="wp-embedded-content" data-secret="tZt4QqiJIt"><a href="https://www.sightline.org/2011/09/12/gambling-on-coal-and-losing/">Gambling on Coal, and Losing</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.sightline.org/2011/09/12/gambling-on-coal-and-losing/embed/#?secret=tZt4QqiJIt" width="600" height="338" title="“Gambling on Coal, and Losing” — Sightline Institute" data-secret="tZt4QqiJIt" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://www.sightline.org/wp-content/uploads/2011/09/ScreenHunter_01-Sep.-09-13.00.gif793525West Coast port cities have already gambled and lost on coal export facilities. After investing millions of dollars in infrastructure and setting aside sizeable harbor acreage to coal export facilities, both Portland and Los Angeles watched their promised revenue from coal exports evaporate. Worse yet, local communities were stuck with the tab. The abandoned coal export facilities locked up millions of dollars in stranded investments and clean-up expenses, not to mention years-long missed opportunities for more durable economic development choices.