KNOTTINGLEY, England—The last deep-pit coal mine in the U.K. plans to shut its doors here next week, heralding the end of a centuries-old industry that helped fuel the industrial revolution and build the British Empire.

The shutdown, targeted for next Friday, represents a victory for advocates of reducing carbon emissions after world leaders gathered in Paris to discuss how to combat global warming, with coal in the cross hairs. It also reflects a glut of energy on world markets, from crude oil to natural gas and coal itself.

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