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The reduction of carbon emissions will require a rapid phasing out of coal and the displacement of millions of coal miners. How much could this energy transition cost mining workers? We use the dramatic collapse of the UK coal industry to estimate the long-term impact on displaced miners. We...
Persistent link: https://www.econbiz.de/10014480458
Burns and Mitchell (1946, 109) found a recession of "exceptional brevity and moderate amplitude." I confirm their judgment by examining a variety of high-frequency data. Industrial output fell sharply but rebounded within months. Retail seemed little affected and there is no evidence of...
Persistent link: https://www.econbiz.de/10012429417
This paper examines to what extent downscaling of global coal based electricity generation encourages gas demand and affects regional activity in gas production, with emphasis on the arctic regions. In our reference scenario up to 2050 we take into consideration that renewables is set to...
Persistent link: https://www.econbiz.de/10011968626
With its resource availability and the prospect of climate friendly technology, coal continues to play an important role in the global energy sector. We develop a complementarity model of the international market for steam coal. We want to analyze the level of competition in this market which is...
Persistent link: https://www.econbiz.de/10010265027
In this paper, we provide a comprehensive multivariate cointegration analysis of three parts of the steam coal value chain - export, transport and import prices. The analysis is based on a rich dataset of international coal prices; in particular, we combine data on steam coal prices with freight...
Persistent link: https://www.econbiz.de/10010274289
international trade as one globalized market. Some suppliers of coal are at the same time major consumers, such as the USA and China …
Persistent link: https://www.econbiz.de/10010285752
Because of economic growth and a strong increase in global energy demand the demand for fossil fuels and therefore also greenhouse gas emissions are increasing, although climate policy should lead to the opposite effect. The coal market is of special relevance as coal is available in many...
Persistent link: https://www.econbiz.de/10010286625
Economic transitions have the potential to displace workers and cause social unrest. Coal mine closures in the eastern United States due to the changing electricity system and the resulting employment losses in rural areas have become salient issues for all levels of government. Previous...
Persistent link: https://www.econbiz.de/10011872045
Due to increasing economic and sector risk coal mining in Europe is treated as a declining industry. In post-transition economies such approach is a threat for energy security and local and regional economic development. Nowadays, coal mining survival in Central-East Europe is additionally...
Persistent link: https://www.econbiz.de/10012232532
We leverage the timing of coalmine accidents to examine the effect of coal mining on air pollution. Safety regulations mandate that coal mining be suspended if a mine experiences an accident with 10 or more fatalities. We use a stacked difference-in-differences approach to compare counties with...
Persistent link: https://www.econbiz.de/10014304454