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DTEND;TZID=Europe/London:20250122T153000
UID:https://www.lse.ac.uk/granthaminstitute/?post_type=event&p=76698
DTSTAMP;TZID=Europe/London:20260530T235949Z
LOCATION:Online (via Zoom)
DESCRIPTION:<!-- wp:paragraph -->
<p>Vast amounts are being invested in the energy transition worldwide\, with optimistic expectations of economic growth and green job creation. Yet\, we crucially lack ex-post validations of the multiplier effects widely used to quantify new green jobs. Focusing on the French Energy Efficiency Obligations scheme\, this paper provides the first ex-post estimate of the employment effect of a large energy-retrofit investment program. We exploit a discontinuity in the provision of subsidies and use a novel synthetic control method on disaggregated data to estimate regional-level employment effects. We estimate that the scheme created 1.5 jobs per million euros invested\, mostly in a permanent position within micro enterprises. Hourly wages remained unaffected\, suggesting that additional investments are captured by higher margins.</p>
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<p>Thank you for this great opportunity! I'll also include a slide about my on-going project on skills in the energy transition.</p>
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<p><strong>Grantham Workshops are only open to LSE researchers and alumni. If you wish to attend the workshop in person or online please sign up to our <a href="https://www.lse.ac.uk/granthaminstitute/grantham-workshop-registration-of-interest/">workshop mailing list</a>.</strong></p>
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URL;VALUE=URI:https://www.lse.ac.uk/granthaminstitute/events/making-jobs-out-of-the-energy-transition-evidence-from-the-french-energy-efficiency-obligations-programme-guillaume-wald/
SUMMARY:Making Jobs out of the Energy Transition: Evidence from the French Energy Efficiency Obligations Programme | Guillaume Wald
DTSTART;TZID=Europe/London:20250122T140000
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