Recent development in energy investment and its implications for jobs
Energy infrastructure is an indispensable foundation for all countries’ economies. Investment in the energy system can influence its development path. Thus, this investment has an important impact on employment, but the links are often complex, involving long value chains and requiring trade-offs. These days the topic is often raised in relation to environmental and climate-related policies; raising concerns about potential threats to fossil fuel jobs and hopes for job creation in the renewables sector. While the complexity of the supply chain makes it difficult to quantify net impacts and draw universal conclusions, our analysis indicates some interesting insights into direct and indirect job creation by energy investment.
