Job displacement costs of phasing out coal

• 成果类型: Article
• 署名作者: Rud, Juan-Pablo; Simmons, Michael; Toews, Gerhard; Aragon, Fernando
• 署名单位: University of London; Royal Holloway University London; IZA Institute Labor Economics; University of London; London School Economics & Political Science; Umea University; New Economic School; Universitetet i Stavanger; Simon Fraser University
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2024.105167
• 发表日期: 2024
• 关键词: Displacement Mining Unemployment Earnings

摘要

The reduction of carbon emissions will require a rapid phasing out of coal and the displacement of millions coal miners. How much could this energy transition cost mining workers? We use the dramatic collapse of UK coal industry to estimate the long-term impact on displaced miners. We find evidence of substantial losses: hourly wages fell by 40% and earnings fell by 80% to 90% one year after job loss. These losses are persistent and remain significantly depressed fifteen years later, amounting to present discounted value earnings losses of between four and six times the miners pre -displacement earnings.