News Digest Item
06 Sep 2018

Coal exit in major coal-using economies feasible within 20-30 years, would bring social and economic benefits - study

IDDRI / Climate Strategies / DIW

Implementing pathways away from coal-fired power production in line with the Paris Climate Agreement is feasible in the major coal-using economies within 20 to 30 years, according to a comparative study on six countries, including Germany, Australia, China and Poland. The move would be beneficial both from a social and from an economic point of view. The study underlines that there is no universal blueprint for implementing a just transition, but calls for action sooner rather than later: “The crucial success factor is to anticipate rather than wait until the economics turns against coal,” says a press release. Research institutes from six major coal-using economies, including the German Institute for Economic Research (DIW), cooperated under the leadership of French think tank Institute for Sustainable Development and International Relations (IDDRI) and UK-based research network Climate Strategies.

Find the IDDRI press release in English here, the report in English here and the DIW press release in German here.

See CLEW's Commission watch for updates on the coal commission's work.

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