Making Jobs out of the Energy Transition: Evidence from the French Energy Efficiency Obligations Programme | Guillaume Wald - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/making-jobs-out-of-the-energy-transition-evidence-from-the-french-energy-efficiency-obligations-programme-guillaume-wald\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Making Jobs out of the Energy Transition: Evidence from the French Energy Efficiency Obligations Programme | Guillaume Wald - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"Vast amounts are being invested in the energy transition worldwide, with optimistic expectations of economic growth and green job creation....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/making-jobs-out-of-the-energy-transition-evidence-from-the-french-energy-efficiency-obligations-programme-guillaume-wald\/\" \/>\n<meta property=\"og:site_name\" content=\"Grantham Research Institute on climate change and the environment\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/making-jobs-out-of-the-energy-transition-evidence-from-the-french-energy-efficiency-obligations-programme-guillaume-wald\\\/\",\"url\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/making-jobs-out-of-the-energy-transition-evidence-from-the-french-energy-efficiency-obligations-programme-guillaume-wald\\\/\",\"name\":\"Making Jobs out of the Energy Transition: Evidence from the French Energy Efficiency Obligations Programme | Guillaume Wald - 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{"id":76698,"date":"2025-01-21T15:20:18","date_gmt":"2025-01-21T15:20:18","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=event&p=76698"},"modified":"2025-01-21T15:20:18","modified_gmt":"2025-01-21T15:20:18","slug":"making-jobs-out-of-the-energy-transition-evidence-from-the-french-energy-efficiency-obligations-programme-guillaume-wald","status":"publish","type":"event","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/making-jobs-out-of-the-energy-transition-evidence-from-the-french-energy-efficiency-obligations-programme-guillaume-wald\/","title":{"rendered":"Making Jobs out of the Energy Transition: Evidence from the French Energy Efficiency Obligations Programme | Guillaume Wald"},"content":{"rendered":"\n

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>\n\n\n\n

Thank you for this great opportunity! I’ll also include a slide about my on-going project on skills in the energy transition.<\/p>\n\n\n\n

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 workshop mailing list<\/a>.<\/strong><\/p>\n\n","protected":false},"excerpt":{"rendered":"\n