Rud, Juan Pablo; Simmons, Michael; Toews, Gerhard; … - 2022
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 find evidence of substantial losses: wages fall by 40% and earnings fall …, amounting to present discounted value earnings losses of between four and six times the miners pre-displacement earnings. …
