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Even $75M from Trump may not save Oakland’s embattled coal terminal

When investor Phil Tagami first proposed building an export terminal in Oakland, California, more than a decade ago, he probably didn’t anticipate the firestorm of litigation and controversy that would follow, in a saga that has now spanned three presidential administrations. There were early rumors that the terminal would export coal, much to the consternation of local residents, but Tagami said in a newsletter that the naysayers were “misinformed.” It was all downhill from there.

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