The Elephant in the Room—Just and Inclusive Transitions in Fossil Fuel Regions
When | 18:00-19:30 (CN) 10:00-11:30 (UK) 02:00-03:30 (SF) |
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Where | Energy Foundation China Pavilion, China Pavilion EXPO 2020 (Green Zone), X583+2CW Sunrise Avenue - Dubai - United Arab Emirates |
Time: December 6, 2023, 14:00-15:30 (Dubai Time)
Background
Coal accounts for 60% of China’s total energy consumption. About 4 million people are employed in the country’s coal mining sector (not including the associated services sector and supporting functions). In addition, China’s thermal power generation, steel, and cement industries are heavily coal-reliant. A change toward carbon neutrality and green energy means millions of conventional jobs will be eliminated and new employment opportunities will be created. How to smoothly transfer the employees along the coal value chain to new job opportunities is critical for a successful energy transition from social equity and sustainability perspectives; while how to smoothly phase out the fossil-fuel assets to avoid significant amounts of write-off in balance sheets is crucial for financial stability. A just and inclusive transition is especially urgent for Shanxi province, where 1/3 of China’s coal is produced and coal mines contribute to 40% of the provincial industrial output and 72% of the provincial tax income.
For this session, we would like to share experiences between China, U.S., and Europe experts on challenges, successful experiences, and lessons learned on just and inclusive fossil fuel transitions.
Agenda
14:00-14:05 | Opening Remarks by David Vance Wagner, Vice President, Strategic Partnerships, Energy Foundation China |
14:05-15:20 | Panel Discussion, moderated by Cynthia Yu, Director of Coal Transition, EF China Guiding Questions:
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Panelists (55 mins)
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Open discussion (20 minutes)
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15:20-15:30 | Closing by WANG Lei, Secretary General, China Coal Society (on-line) |