Minimizing the adverse social and economic consequences of the energy transition is an important social aspiration. It is the essence of the "just transition," the connective tissue that binds together climate goals with social outcomes centered around jobs. This policy note proposes the first...

Recent calls on central banks and financial regulators to use the tools at their disposal to help mitigate the negative economic and social impacts of climate policies are based on several false analogies between the energy transition and the "just" energy transition. The same false analogies...