Neoliberal economics has opposed or rolled back policy measures designed to protect the environment. Neoclassical economics recognises environmental degradation as a classic example of an externality and frames its response in terms of correcting that market failure, but the limitations of its...

We study the impact of climate change mitigation policies intended to reach the Paris Agreement’s two-degree target on the structure of European labour markets. Employing a three-sector macro-econometric model with a rich labour market extension, we show that the measures targeted at shrinking...

This report explores the potential employment and economic impacts of an EU transition to a low-carbon economy by 2030 - on the EU, and on other regions of the world. It analyses the impacts across sectors and occupations, with a particular focus on manufacturing. The report highlights that the...

This report explores the potential employment and economic impacts of an EU transition to a low-carbon economy by 2030 - on the EU, and on other regions of the world. It analyses the impacts across sectors and occupations, with a particular focus on manufacturing. The report highlights that the...

The European Council has proposed to stick to a more ambitious GHG target but to scrap a binding RES target for the post-2020 period. This is in line with many existing assessments which demonstrate that additional RES policies impair the cost-effectiveness of addressing a single CO2...

This paper provides a model-based macroeconomic assessment of First-Mover Advantage (FMA) in environmental technologies, in which a European sector becomes world leader and captures the global market for a particular technology. The E3MG model is used to assess a set of scenarios where the FMA...