Coal Power Decline examines the intricate relationship between environmental benefits and potential economic pitfalls as the world transitions away from coal-fired electricity. This transition, while crucial for climate change mitigation, can trigger job losses, stranded assets, and social unrest in coal-dependent regions. Did you know that the historical context of coal power is rooted in the industrial revolution, where it fueled unprecedented economic growth? The book emphasizes the necessity of integrating environmental protection with economic diversification and social equity for a successful transition.
The book's structure explores the environmental impacts of coal, the economic consequences of its decline, and policy interventions for a just and sustainable transition. It uses data from government agencies, international organizations, and academic research, incorporating case studies to analyze successes and failures in regions experiencing coal power decline. For example, the book assesses modeling data projecting future energy scenarios under varying policy assumptions. This approach allows for a nuanced understanding of the challenges and opportunities associated with decarbonization, offering valuable insights for policymakers, industry professionals, and environmental advocates alike.