The coal industry is expected to shed more than four lakh mining jobs, equivalent to nearly 100 workers per day, by 2035, even without climate pledges or policies to phase out coal, with China and India likely to be the hardest hit, according to a new report.
The primary reason will be the market shift toward cheaper wind and solar power generation and a lack of planning to manage a transition to a post-coal economy, said the report compiled by Global Energy Monitor, a US-based NGO that analyses the evolving international energy landscape.
