Navigating the Coal Phase-Out: The Trillion-Dollar Question of Just Transition

As the world grapples with the urgent need to address climate change, a new study by researchers at Chalmers University of Technology in Sweden and Central European University in Austria has shed light on the complex challenges surrounding the global coal phase-out. The findings, which delve into the financial implications of “just transition” strategies, reveal that compensating affected parties could cost upwards of USD 2 trillion for China and India alone.

The Price of Progress: Compensation for Coal Phase-Out

The study...