We propose a novel stochastic modeling framework for coal production and logistics using option pricing theory. The problem of valuing the inherent real optionality a coal producer has when mining and processing thermal coal is modelled as pricing spread options of three assets under the...

In the early 1950s, the drive to find a practical solution to European antagonisms led to the construction of the first Common Market at the European scale, between Belgium, France, Germany, Italy, Luxembourg and the Netherlands. At the heart of the Coal and Steel Community, was the idea that...

Coal mining companies in Australia are facing increasing pressure to confirm a Social License to Operate (SLO), defined as the ongoing acceptance and approval of a site or technology by stakeholders that can affect the financial prosperity of mining. This paper investigates the relationships...

Coal production rose by a thousandfold over the last four decades in Indonesia. This paper documents the contemporaneous and long-run effects of this tremendous resource boom on children’s educational outcomes using census and district-level panel data. I exploit geographic and temporal...

Overlapping climate policies can interact in undesired ways. This paper is the first to employ an event study to investigate the interaction of national coal phase-outs and the European emissions trading system (EU ETS) by empirically examining how allowance prices reacted to coal phase-out...

The paper briefly outlines the overview of coal jobs globally and highlights the coal dependency of India. The paper brings forth the livelihood concerns learnt through the secondary reports (2017-22) of coal India and that from field visits from select coal-dependent areas (04 coal mines and 04...

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...

In February 2016, the Chinese government focused on removing excess capacity in coal industry enterprises, and the research goal of the paper was to determine how much impact this will have on the financial performance of coal industry enterprises. The paper collects the financial performance...

Decarbonising the power sector requires feasible strategies for the rapid phase-out of fossil fuels and the expansion of low-carbon sources. This study assesses the feasibility of plausible decarbonisation scenarios for the power sector in the Republic of Korea through 2050 and 2060. Our power...

Gegenstand der vorliegenden Fallstudie ist der durch die geringe internationale Wettbewerbsfähigkeit des deutschen Steinkohlebergbaus ausgelöste Strukturwandel im Ruhrgebiet im Untersuchungszeitraum von Ende der 1950er Jahre bis 2015. Die Fallstudie beschreibt den historischen...

Effective policies to mitigate climate change need to be accompanied by a socially just transition. This is especially relevant for coal regions. This paper draws on the experiences of past and ongoing transition policies, exploring their effectiveness and transferability. The challenges of...

Growing competition in the education economy has caused companies to look for new innovative solutions that can increase their competitiveness. These processes practically concern the whole world, and the development of new technologies that are related to the concepts of Industry 4.0 and...

Financial institutions around the world have announced halts to financing of coal-fired power plants (CFPPs). Non-profit and non-governmental organisations have financing, developed databases and reports that provide information on financial data and CFPP projects, as well as the quality of the...

Steam coal exporters face increasing uncertainty about future coal demand and risks of asset stranding. Nevertheless, new export-oriented coal mine projects are still brought forward. In this study, we use the coal sector model COALMOD-World to assess the economic prospects of investments in the...

Coal gangue is a solid waste produced in coal mining. China is a large coal producing country, which produces a large amount of coal gangue every year but lacks utilization. In this work, MCM-41 and amine-modified MCM-41 were prepared from coal gangue for CO 2 capture. MCM-41 were prepared at...

Blended coal combustion technology is being applied in many power plants as a clean coal combustion technology. In order to investigate the effects of different factors on the pore structure and fractal properties of the blended coal coke, a low-temperature nitrogen adsorption method and...

This paper examines the implications of a carbon-constrained future on coal-reliant county governments in the United States. We review modeling projections of coal production under reference and climate policy scenarios and argue that some state and local governments face important revenue...

This paper compares different just transition pathways in China, the European Union and the United States of America by comparing the current state of the coal sector and just transition policies away from coal. How can social justice in the energy transition be achieved under different models...

The U.S. coal industry is in the midst of a transition. Changes in regulation and technological innovation from other fossils and renewables have affected its competitiveness. These could have significant impacts on the labor market where jobs could be lost. In this study, we investigate how...

Coal production and coal export are important elements of the Indonesian economy, but mining operations are frequently plagued by conflicts among companies or between companies and local communities. In this article, we consider the role law plays in these conflicts and argue that it is, in...

Coal Mine Methane (CMM) is a significant safety concern for coal mining activities in the Zonguldak Coal Basin, Turkey. The high level of methane release at coal mines in the basin increase the risk of accidents, affected mine productivity and clearly reduced coal production. Despite the long...

Coal Mine Methane (CMM) is a significant safety concern for coal mining activities in the Zonguldak Coal Basin, Turkey. The high level of methane release at coal mines in the basin increase the risk of accidents, affected mine productivity and clearly reduced coal production. Despite the long...

Fossil fuels have shaped the European economy since the industrial revolution. In this paper, we analyse the effect of coal and oil on long-run economic growth, exploiting variation at the level of European NUTS-2 and NUTS-3 regions over the last century. We show that an "oil invasion" in the...

Between 2010 and 2020, the U.S. coal industry experienced a 50% drop in production, employment, and active mines, driven by regulatory factors and technological innovation in alternative energy sources. We study the impact of this energy transition on household employment, wages, migration, and...

Shortage of Coal led to a power crisis, first in Europe, then in China, and later in India. Quick recovery of economies from COVID pandemic lockdowns and resumption of industrial activity, higher temperatures leadings to increase power usage at night, global increase in coal prices have led to a...

Judicious use of exhaustible mineral resources is essential for sustainable development. Mining has both positive and negative effects on the economy. It generates revenue, employment and foreign exchange. The negative consequences of mining are the resources depletion, deforestation, air...

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...

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...

*Note: Revised version published on March 25, 2022* The widely shared objective of transition to cleaner energy and reduced dependence on coal presents tremendous challenges, not only to coal sector producers and workers, but because of the broader implications for other sectors in...

This published essay discusses the processes that led to the decline of New England's traditional industries and to the creation of its depressed milltowns. It argues that the decline of the New England textile and shoe industries was part of the maturation of industrial capitalism, making New...

The COVID-19 crisis has laid bare the vulnerability of coal regions. Economic recovery and associated funding, as well as the need for new low-carbon solutions, offers a unique opportunity to address the transition of coal regions. The combination of worsening economics of coal and the...