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The paper investigates a central hypothesis of the green economy concept which states that transitioning to a low-carbon economy is justified on an economic basis. We analyse this hypothesis by focussing on employment effects from renewable energy deployment, based on an evaluation of impact studies from peer-reviewed journals. The studies are categorised according to employment factors or model-based scenario assessments on employment effects from renewable policies. The applied methodologies and the type of employment effects-direct, indirect, induced, gross, net-are distinguished. Given the heterogeneity of assumptions, the results are hardly comparable, although we find that a majority of the investigated scenarios show positive net employment effects. The positive link between renewable energy deployment and job creation is, however, not straightforward, as different assumptions, system boundaries and modelled interactions such as the crowding out of alternative energy production or effects from prices, income and foreign trade influence the results.

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. This paper calculates the CO 2 e (CO 2 equivalents) footprint of private consumption in the EU27 by five groups of household income, using a fully fledged macroeconomic input-output model covering 59 industries and five groups of household income for the EU27. Due to macroeconomic feedback mechanisms, this methodology not only takes into account intermediate demand induced by the demand of a household group, but also: (i) private consumption induced in the other household groups, (ii) impacts on other endogenous final demand components, and (iii) negative feedback effects due to output price effects of household demand. Direct household emissions from household energy consumption are taken into account in a non-linear specification. Emissions embodied in imports are calculated using the results of a static MRIO (Multi-Regional Input-Output) model. The footprint is calculated separately for the consumption vector of each of the five income groups. The simulation results yield an income elasticity of direct and indirect emissions at each income level that takes all macroeconomic feedbacks of consumption into account and differs from the ceteris paribus emission elasticity in the literature. The results further reveal that a small structural 'Kuznet effect' exists. Terms of use: Documents in______________________________________________________________________

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