In this study, Jϋrgen Blazejczak and Dietmar Edler both from the German Institute for Economic Research (DIW Berlin) document the state of research on the economic consequences of a stringent climate protection policy. Here, the main emphasis is placed on the transformation of the working world in light of the intensified and accelerated structural change expected as a result from rigorous decarbonisation measures. The authors draw a differentiated portrait of the costs, opportunities and uncertaintees engendered by the ecological restructuring of modern industrialized societies. Their main finding is that a stringent climate policy will in fact have positive effects on employment rates. In the long run, the ecological transition will not cost jobs - on the contrary , it will create hundreds of thousands of new jobs. This is good news.
Click here to read Structural Change and Climate Protection (76 pages, pdf, 1.13MB)