Coal-exit health and environmental damage reductions outweigh economic impacts

Washington D.C. [USA], Mar 24 (ANI): Cheap and abundant coal fuelled the industrialisation of Europe, North America and Asia. However, the price tag on coal has never reflected the external cost to society; coal combustion produces more than a third of today's global CO2 emissions and is a major contributor to local adverse effects on the environment and public health, such as biodiversity loss and respiratory diseases. Research has shown that phasing out coal yields substantial local environmental and health benefits that outweigh the direct policy costs due to shortening of the energy supply.

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