coal mining corporations. We focus on coal mining in the Ruhr district, Germany's main mining area. We use stochastic …

In Germany, hard coal has been subsidized for almost half a century. Despite the declining significance of hard coal … raised by the proponents of hard coal subsidization in Germany and other EU countries. Most importantly, in addition to the … subsidies not only in Germany, where in nominal terms the accumulated amount of subsidies has now by far exceeded 130 billion …