Employment and other macroeconomic benefits of an innovation-led climate strategy for the United States

Laitner, Skip; Bernow, Stephen; DeCicco, John M.

doi:10.1016/s0301-4215(97)00160-2

Cited by 44 publications

(17 citation statements)

References 2 publications

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“…Studies analysing in detail the employment content of climate change mitigation policies are therefore a necessary complement to this article. For instance, Jochem and Hohmeyer (1992), Laitner et al (1998) andWalz (1999) propose quantifications of mitigation-driven job creation. More recent publications (OECD, 2004;Fankhauser et al, 2008;Moreno and Lopez, 2008;ETUC et al, 2009) illustrate the renewed interest in this topic.…”

Section: Discussionmentioning

confidence: 99%

The costs of climate policies in a second-best world with labour market imperfections

et al. 2011

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This article explores the critical role of labour market imperfections in climate stabilization cost formation, using a dynamic recursive energy-economy model that represents a second-best world with market imperfections and short-run adjustment constraints along a long-term growth path. The degree of rigidity of the labour markets is a central parameter, and a systematic sensitivity analysis of the model results confirms this. When labour markets are represented as highly flexible, the model results are in the usual range of the existing literature; that is, less than 2% GDP losses in 2030 for a stabilization target at 550 ppm CO 2 equivalent. However, when labour market rigidities are accounted for, mitigation costs increase dramatically. Accompanying measures are identified, namely labour subsidies, which guarantee against the risk of large stabilization costs in the case of high rigidities of the labour markets. This complements the usual view that mitigation is a long-term matter that depends on technology, innovation, investment and behavioural change. The results support the view that mitigation is also a shorter-term issue and a matter of transition with regard to the labour market.Keywords: climate policy costs; labour market rigidities; second-best world; sensitivity analysis Le rôle déterminant des imperfections du marché du travail dans la formation des coûts de l'atténuation du changement climatique est exploré, avec un modèle de l'interface énergie-économie, récursif et dynamique, qui représente un monde de second rang avec des imperfections du marché du travail et des contraintes d'ajustement de court terme le long d'une trajectoire de croissance à long terme. Le degré de rigidité des marchés du travail est un paramètre central, ceci étant confirmé par une analyse de sensibilité systématique des résultats. Lorsque les marchés du travail sont représentés comme très flexibles, les résultats se situent dans la fourchette habituelle de la littérature existante (c'est-à-dire moins de 2% de pertes de PIB mondial en 2030 pour une cible de stabilisation à 550 ppm équivalent CO 2 ). Cependant, lorsque les rigidités du marché du travail sont prises en compte, le coût de l'atténuation augmente très significativement. Des mesures d'accompagnement, à savoir des subventions sur le travail, garantissent contre le risque de coûts de la stabilisation élevés dans le cas de fortes rigidités sur le marché du travail. Cette vision complète la conception habituelle selon laquelle l'atténuation est une question de long terme qui dépend de la technologie, de l'innovation, de l'investissement et des changements de comportements. L'article signale que l'atténuation est aussi un problème de plus court terme et une question de transition sur les marchés du travail.Mots clés : analyse de sensibilité; coût des politiques climatiques; monde de second rang; rigidités des marchés du travail

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Section: Discussionmentioning

confidence: 99%

The costs of climate policies in a second-best world with labour market imperfections

et al. 2011

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“…According to Laitner et al [11], assessments on the performance of climate and energy policies usually do not take into account the dynamics of technological innovation, and often associate reductions in energy consumption and GHG emissions with economic losses. Rather, innovation and diffusion of clean and efficient technologies can lead to net gains in the economy.…”

Section: Social and Economic Benefits Of Renewable Energy Technologiesmentioning

confidence: 99%

Socio-economic Benefits of Wind Power in Brazil

Simas¹,

Pacca²

2013

J. sustain. dev. energy water environ. syst.

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“…One of the positive aspects of the wind energy industry is the impact on employs, but few studies have systematically dealt with this matter (Blanco & Rodrigues, 2009). The development of renewable energy industry has become a way to accomplish environmental objectives and a long way of increasing energy self-sufficiency and employment in general (Connor, 2003;Dincer, 2000;Hillebrand, Buttermann, Behringer, & Bleuel, 2006;Laitner, Bernow, & DeCicco, 1998;Moreno & López, 2008;Thothathri, 1999). The adoption of renewable energies technologies represent an opportunity to reduce energy dependence, reduce the emission of CO 2 and create new employs and revenues.…”

Section: Economic Impacts From Wind Energy Industrymentioning

confidence: 99%

Global Wind Energy Market, Industry and Economic Impacts

Oliveira¹,

Fernandes²

2012

EER

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This paper presents the global status of wind energy in order to establish a context for understanding the contemporary wind energy industry. It is discussed wind resources worldwide with the global wind distribution and mains concerns and how wind resources worldwide are spread globally. The world wind energy market outlook is shown; especially emphasis is given on global wind energy market by production side, wind energy converters manufacturers and economic impacts from wind energy industry on economy which it is devoted special attention to the job creation by wind energy industry.

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Employment and other macroeconomic benefits of an innovation-led climate strategy for the United States

Cited by 44 publications

References 2 publications

The costs of climate policies in a second-best world with labour market imperfections

The costs of climate policies in a second-best world with labour market imperfections

Socio-economic Benefits of Wind Power in Brazil

Global Wind Energy Market, Industry and Economic Impacts

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