Part of the public skepticism towards the transition to renewable energy and implementing mitigation policies is caused by the fear of job losses. As studies have shown, however, this fear is unjustified. Public investment and public support of private investments in renewable energy is likely to generate high-skilled jobs, and a tax on carbon-intensive industries may have positive employment effects if high carbon-intensive sectors are reduced and low carbon-intensive industries and renewable energy are promoted at the same time

Willi Semmler and Christian Schoder
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Christian Schoder: Schwartz Center for Economic Policy Analysis (SCEPA), https://www.economicpolicyresearch.org

No 2012-01, SCEPA policy note series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School

Keywords: Climate Change; Renewable; Transition (search for similar items in EconPapers)
JEL-codes: D63 E21 H2 H30 (search for similar items in EconPapers)
Pages: 3 pages
Date: 2012-03
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