Coal’s Coming Decline Has Miners Facing 400,000 Layoffs by 2035
- Job cuts due to closure of mines amid energy transition
- China and India likely to be hit the hardest by job losses
A coal mine in Gevra, Chhattisgarh, India.
Photographer: Anindito Mukherjee/BloombergThis article is for subscribers only.
The energy system’s transition away from coal will leave miners with the equivalent of 100 job cuts daily through 2035, mostly in China and India.
Mine closures will eliminate about 15% of global coal mining jobs by that year, about 400,000 in total, according to a new report published by Global Energy Monitor this week. The figure is likely to rise to nearly 1 million by 2050 as the world turns to cheaper wind and solar power generation.