Employment effects of selected scenarios of the Energy Roadmap 2050, for the European Commission, DG ENER
The project aimed at the study of the labour market implications for each EU Member State, including Romania of a selection of scenarios of the EU Energy Roadmap 2050. The main objective was the in-depth study of the employment effects of six scenarios associated with the reduction of GHG emissions by at least 80% by 2050 compared to 1990 levels. The analysis considered the composition, quantity and quality of employment, including both the short-term transitional impacts from investment in new technologies and the longer-term labour market trends. The analysis also considered (endogenously) the long term effects of the changes in technology for the assessment of the impact of shifts in energy consumption on employment.
E3MLab team completed a detailed estimation of the employment effects of alternative Roadmap Scenarios to 2050 with the use of an appropriate version of the GEM-E3 model, specifically developed for the purposes of the project. Alternative scenarios have been designed, quantified and simulated with the GEM-E3 model and their employment effects and policy implications have been presented in detail. Further scenario impacts on relevant macro-economic variables (like GDP) and sectoral production for each EU member state, including Romania have been estimated. A series of sensitivity runs have been completed by E3M Lab. These included alternative recycling options of carbon tax revenues, Fixed/flexible EU current account, weak response of international fossil fuel prices to global decarbonisation, responsiveness of labour market and higher GHG mitigation policies from non-EU countries.
For further information you can download the publication of the study from DG ENER's webpage.
