Global Coal Industry Set To Lose 1 Million Jobs By 2050

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The global coal mining sector is set to lose almost one million jobs by 2050, even without pledges or policies to phase out coal energy.

Almost 1 million jobs will be lost in the coal mining sector globally by 2050 even without pledges or policies to phase out coal, as mines close and the energy transition advances, according to Global Energy Monitor GEM, a non-profit organization advocating for clean energy. Considering the planned closures in the coal industry, a total of 990,200 coal mine jobs will no longer exist in the world by 2050, with India and China bearing the brunt of layoffs, GEM said in a new report.

” While long-term prospects for coal jobs are bleak, currently India and China continue to add coal-powered capacity to support power demand growth. China is building or planning to build some 366 GW in new coal generation capacity, accounting for some 68% of global planned new coal capacity as of 2022.

 

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