The operation is scheduled to ship first cargoes before the end of December and aims to supply an initial 10 million tonnes of thermal coal annually for at least 30 years.
According to the new EPA analysis, the costs of complying with the rule are projected at $7.4 billion to $9.6 billion annually, while monetized benefits are estimated to be $4 million to $6 million annually.
South Africa's Richards Bay Coal Terminal (RBCT) exported a record 76.47 million tonnes of coal in 2017, and aims to export 77 million tonnes this year.