400,000 coal staff, mostly in India & China, to lose jobs as world shuns the dirty fuel

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Key Points

The energy systems 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..

One way to ease the pain of layoffs is to give ex-miners priority for job opportunities triggered by mine shutdowns, such as work needed to rehabilitate land and mitigate environmental impacts after operations cease, according to the report...

China produces and uses more than half the worlds coal, and is home to more than 1.5 million mining jobs, according to Global Energy Monitor..

Coal India Ltd., the state-owned miner that produces more coal than any other company, is likely to face the biggest corporate impact from layoffs, with potential cuts of nearly 74,000 workers by 2050, according to the report...

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