Environmental Studies and ForestryNature Communications
Compensating affected parties necessary for rapid coal phase-out but expensive if extended to major emitters
L. Nacke, V. Vinichenko, et al.
This pioneering study reveals the crucial relationship between coal power phase-out and its implications for workers and economies. Conducted by Lola Nacke, Vadim Vinichenko, Aleh Cherp, Avi Jakhmola, and Jessica Jewell, it highlights that over half of countries are adopting 'just transition' policies to compensate affected parties, with global compensation exceeding $200 billion.
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