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A companion to the main report, this appendix looks at the costing of Just Transition explicitly recognising that both the routine operations and any closures of coal-fired power stations produce economic cost “externalities”, producing a much more accurate picture of the true costs of decisions — such as whether to close a power plant or not — and who carries the various costs under each option.
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Covid-19 and a Just Transition in India's Coal Mining Sector
The COVID 19 pandemic hit India hard in early 2020, with negative GDP growth and a surge in unemployment. In the energy sector, coal fired power generation was already under pressure from overcapacity, low electricity demand growth, and increasingly competitive renewables.
Considerations for a Just and Equitable Energy Transition
As the energy transition accelerates, it is our responsibility, it is our opportunity, to ensure that in addition to contributing to a healthy planet by replacing fossil fuels with clean energy sources, this is accomplished in a just and equitable manner providing prosperity for all.
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