2019
DOI: 10.1111/1467-8489.12289
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Closures of coal‐fired power stations in Australia: local unemployment effects

Abstract: Around one‐third of Australia's coal‐fired power stations closed between 2012 and 2017, with most of the remainder expected to close over coming decades. Current investment in generation capacity is primarily in the form of alternative power, especially wind and solar. In this paper, we conduct an event study to assess the local unemployment effects of Australia's coal‐fired power station closures, an issue of considerable interest given the prominence of coal‐fired power stations in local economies. Our analy… Show more

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Cited by 61 publications
(35 citation statements)
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“…Finally, a successful coal phaseout needs to be equitable. It is also referred as a just transition [27][28][29] , where potential financial losses, and economic and social impacts, are well managed during the transition. Not only the overall magnitude, but also the distribution of these potential impacts across different regions, different stakeholders, and different demographic groups needs to be evaluated.…”
Section: Discussionmentioning
confidence: 99%
“…Finally, a successful coal phaseout needs to be equitable. It is also referred as a just transition [27][28][29] , where potential financial losses, and economic and social impacts, are well managed during the transition. Not only the overall magnitude, but also the distribution of these potential impacts across different regions, different stakeholders, and different demographic groups needs to be evaluated.…”
Section: Discussionmentioning
confidence: 99%
“…Financial institutions should be prudent when deciding whether to provide finance for carbon-intensive coal power investment. For the government, when they make future development plans (e.g., the 14 th Five Year Plan during the period of 2021–2025) for the coal power sector, they should also fully consider the potential risk of plant's becoming stranded, as closing down coal plants could also lead to mass unemployment ( Burke et al., 2019 ) in the future. Moreover, the massive earlier retirement of coal power plants will generate tremendous stress on China's power sector, and much renewables will be required to replace such a large fraction of power generation in the next three decades.…”
Section: Discussionmentioning
confidence: 99%
“…Art. 8(1), page 8 of 20 Fisher and Nelson: Atmospheric mercury in Australia: recent findings and future research needs coal-fired power stations (Burke et al, 2018). These changes are expected to significantly perturb the anthropogenic mercury emissions budget.…”
Section: Summary and Recommendationsmentioning
confidence: 99%