"As state officials prepare to go ahead with a $53 million investment in a California port to facilitate exports of coal and other materials, some new data about the global coal market ought to give those officials pause, if not lead them to push the "pause" button on the whole plan. The rating agency Fitch reports that China is on the verge of a coal glut and may soon have a surplus of more than 3 billion tons of coal it will try to unload on other countries. That being the case, Utah could be spending serious money to get coal to a port where few if any ships will arrive to pick it up. ..."