A coal phase-out in China and India could cost two trillion US dollars in compensation. This is according to a recently published study. The authors from Chalmers University of Technology in Sweden and the Central European University in Austria analyzed national and international coal phase-out plans. According to the study, 23 countries with coal phase-out plans are paying compensation to companies, regions affected by the coal phase-out or workers. These compensations amount to 209 billion US dollars. If India and China were to decide on a coal phase-out and make similar payments, trillions of dollars in costs would be incurred by the two largest coal consumers.