Employment effects of green energy policies

Nico Pestel

IZA World of Labor, 2014, No 76, 76

Abstract: Many industrial countries are replacing conventional power plants with renewable energy sources. Green energy policies might affect employment in different ways. A policy shift toward a low-carbon green economy may create new and additional "green jobs" in renewable energy sources and energy-efficiency technologies. However, this may potentially come with the crowding out of employment in other sectors. In addition, energy prices may increase owing to feed-in tariffs subsidizing renewables. The resulting burden may in turn stifle labor demand in industrial sectors and reduce the purchasing power of private households.

Keywords: employment; energy policy; renewable energy sources; energy turnaround (search for similar items in EconPapers)
JEL-codes: J21 J23 Q43 Q48 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (4)

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Journal Article: Employment effects of green energy policies (2019)
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