Why is this relevant?.The issue of jobs lies at the heart of debates on the socio-economic and political viability of a rapid decarbonization. 🚨This paper shows that renewable energy investments can serve as an important source of local stimulus, especially in rural areas. (7/7).

Economic impacts: The dynamic response of GDP growth to RE investments mimics the results for employment. The green investment multiplier is >1 after 5 years.(6/7)

Spillover effects: The multiplier effect extends to neighbouring communities, indicating a lower bound for the national aggregate.(5/7)

Who benefits the most? RE investments primarily boost job creation in rural & low-income areas.(4/7)

The aggregate results cover substantial heterogeneity: The results are driven by the impacts of solar and wind on the construction and the agriculture sectors.(3/7)

Key findings: RE investments have a positive and long-lasting impact on employment, where $1M generate approximately 15 jobs over 7 years.(2/7)

We built a new dataset tracking local renewable energy (RE) plant deployments over three decades in four major European countries. Using an LP-IV approach, we estimated the dynamic employment effects of RE investments at the regional level (NUTS-3). (1/7).

As the world shifts from fossil fuels to renewables, millions of jobs could be lost—or created. But where will these jobs go? And who benefits?. 🚨 Our new paper with @gianlucapallant and F.Lamperti addresses these questions. 👉 Link: . @SantAnnaPisa.

RT @gifreschi: 📢📢Happy to announce that my article on occupational mobility in post-WWII Italy has been published on @RivStoriaEcon!.Check….

RT @CEST_Official: Tomorrow at 5 PM @hallegatte will give a lecture on how to design robust climate change policies, as part of our joint s….