Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Coal India’s 73,800 jobs at risk till 2050: Report

IANS
Updated: October 10th, 2023, 11:56 IST
in Business, National
0
Coal production

Coal production rose by 9% in Dec 2022 to 82.87 mn tonnes

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: With Coal India being the largest loser with 73,800 jobs at risk till 2050, globally coal miners face the harsh prospect of job layoffs due to scheduled mine closures and a market shift toward cheaper wind and solar power generation, whether or not their home country has a coal phase-out policy in place.

An average of 100 workers per day face potential unemployment by 2035, a new report from Global Energy Monitor said on Tuesday.

Also Read

Pic- PTI

Indo-Pak tension: Pitch-black night, wail of sirens keep locals on western front awake in fear

3 hours ago
Pic - IANS

IMF approves $1 billion loan for Pakistan: Prime Minister’s Office

3 hours ago

Data from the Global Coal Mine Tracker provide a first-of-its-kind look into employment at 4,300 active and proposed coal mines and projects around the world that are cumulatively responsible for more than 90 per cent of global coal production.

To estimate potential job losses, the Global Coal Mine Tracker records an operation’s reported “life of mine” — that is, how long coal companies intend to extract coal at the site under existing leases, permits, available reserves, and other economic considerations.

This dataset captures nearly 2.7 million coal miners directly employed at the world’s operating coal mines, and finds that the coal industry is expected to shed nearly half a million jobs in the mining sector by 2035, affecting on average 100 workers per day, underlining the urgency of action to prevent widespread social and economic strife.

Coal mining jobs have an outsize role in remote coal regions where they are anchors of economic activity and sustain ancillary workforces and employment in local consumer and information economies.

The vast majority of these workers are in Asia (2.2 million jobs), with China and India expected to bear the brunt of coal mine closures. China has more than 1.5 million coal miners who produce over 85 per cent of its coal, which accounts for half of the world’s output.

The northern provinces of Shanxi, Henan, and Inner Mongolia mine over one-quarter of the world’s coal and employ 32 per cent of the global mining workforce — approximately 8,70,400 people.

India, the world’s second largest coal producer, has a workforce about half the size of China’s Shanxi province. The country officially employs approximately 3,37,400 miners at its operating mines, though some studies suggest the local mining sector has four “informal” employees for every one direct employee.

State-owned Coal India is the world’s coal producer facing the most potential layoffs of 73,800 direct workers by 2050, underlining the imperative that governments remain involved in planning for coal worker transitions.

The coal industry itself shoulders responsibility for the sector’s unpredictable future. Global Energy Monitor has found that most mines expected to close in the coming decades have no planning underway to extend the life of those operations or to manage a transition into a post-coal economy.

Responding to the report, Sandeep Pai, Director, Swaniti, told IANS, “This kind of work is very crucial for understanding the social-economic implications of energy transition. Specifically, this level of data would go a long way in shaping just transition policies for fossil fuel workers around the world.

“For example, this kind of baseline data could help estimate the scale of job creation required for transitioning workers in the fossil fuel industry.”

Tags: CoalJobs
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019

Archives

Editorial

German Challenge

Germany flag
May 7, 2025

With the assumption of office by Christian Democratic Union (CDU) leader Friedrich Merz as Chancellor of Germany 6 May, Europe’s...

Read more

(Anti)-Trump Card 

Trump
May 6, 2025

First it was Canada, and now Australia and Singapore: the anti-Trump factor appears to be benefiting parties that are perceived...

Read more

Mandal-Kamandal 2.0

Caste census
May 5, 2025

The decision taken at a meeting of the Cabinet Committee on Political Affairs (CCPA), headed by Prime Minister Narendra Modi...

Read more

Hyphen in Geopolitics

Aakar Patel
May 4, 2025

Through the 1990s and up until fairly recently, India insisted on something called de-hyphenation. The hyphen referred to was the...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST