Over 4 lakh miners to face job loss in global coal industry by 2035
COAL & MINING

Over 4 lakh miners to face job loss in global coal industry by 2035

According to a new report by Global Energy Monitor, a US-based NGO that analyzes the evolving international energy landscape, the coal industry is anticipated to lose over 400,000 mining jobs by 2035. This number is equivalent to nearly 100 workers per day. The report states that this decline will occur even without climate commitments or policies aimed at phasing out coal. The main cause for this trend is the market's shift towards cheaper wind and solar power generation. Additionally, the lack of planning to manage the transition to a post-coal economy exacerbates the situation. The report suggests that approximately 990,200 coal mining jobs will vanish due to the expected closures of coal facilities. This could lead to the dismissal of more than one-third (37%) of the existing workforce. China and India are predicted to bear the brunt of these job losses. China's Shanxi province is projected to experience the largest number of job losses globally, with 241,900 jobs expected to be cut by 2050. Meanwhile, Coal India faces the prospect of the most significant job reductions, with 73,800 potential job cuts by the mid-century. The report highlights the urgent need for strategic planning to manage the transition and support the affected workforce in these regions.

According to a new report by Global Energy Monitor, a US-based NGO that analyzes the evolving international energy landscape, the coal industry is anticipated to lose over 400,000 mining jobs by 2035. This number is equivalent to nearly 100 workers per day. The report states that this decline will occur even without climate commitments or policies aimed at phasing out coal. The main cause for this trend is the market's shift towards cheaper wind and solar power generation. Additionally, the lack of planning to manage the transition to a post-coal economy exacerbates the situation. The report suggests that approximately 990,200 coal mining jobs will vanish due to the expected closures of coal facilities. This could lead to the dismissal of more than one-third (37%) of the existing workforce. China and India are predicted to bear the brunt of these job losses. China's Shanxi province is projected to experience the largest number of job losses globally, with 241,900 jobs expected to be cut by 2050. Meanwhile, Coal India faces the prospect of the most significant job reductions, with 73,800 potential job cuts by the mid-century. The report highlights the urgent need for strategic planning to manage the transition and support the affected workforce in these regions.

Next Story
Infrastructure Transport

BMC Gets CRZ Nod For Rs 40 Million Gorai Bridge Rebuild

The Brihanmumbai Municipal Corporation (BMC) has secured Coastal Regulation Zone (CRZ) clearance for the reconstruction of the Poisar River bridge in Gorai, located in Mumbai’s western suburbs. However, the proposed demolition of the existing 100-metre bridge has sparked opposition from local residents, who claim it serves as the only direct access route between the Lower and Upper Koliwada areas. The three-decade-old bridge, situated within the CRZ buffer zone, was recently declared structurally unsafe following a civic audit. The BMC has sanctioned its reconstruction at an estimated cost ..

Next Story
Infrastructure Transport

NHAI Completes Rs 15.9 Billion Four-Lane Stretch On ECR

The National Highways Authority of India (NHAI) has completed the four-laning of the 38 km Puducherry–Poondiyankuppam stretch, ending near Cuddalore, in a development that will cut travel time by up to two hours, according to a report by The New Indian Express. The upgraded section, built at a cost of Rs 15.9 billion under the Bharatmala Pariyojana Phase I, marks a major milestone in the ongoing East Coast Road (ECR) widening programme. The project promises a smoother, faster drive for motorists travelling towards Cuddalore, Chidambaram, Sirkazhi, and Nagapattinam. With this completion, 22..

Next Story
Infrastructure Transport

Encroachments Delay Rs 1 Billion Ghatkopar Bridge Project

The construction of a new cable-stayed rail overbridge at Ghatkopar and the widening of the Andheri–Ghatkopar Link Road (AGLR) have been delayed due to the presence of nearly 250 encroached structures on both sides of the road. In response, Municipal Commissioner Bhushan Gagrani has directed officials to carry out a structural audit of the existing bridge over the railway line and enforce temporary restrictions on heavy vehicles to ensure public safety. The bridge, which starts at the Golibar Road junction near LBS Marg and extends up to the Eastern Express Highway (EEH), serves as a critic..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?