Sustainable Development, Renewable Energy Transformation and Employment Impact in the EU

Swain, Ranjula Bali and Karimu, Amin and Gråd, Erik (2022) Sustainable Development, Renewable Energy Transformation and Employment Impact in the EU. International Journal of Sustainable Development & World Ecology, 29 (8). pp. 695-708. ISSN 1350-4509

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Abstract

A successful transition towards renewable energy systems in the European Union is expected to improve growth, reduce greenhouse gas emissions and create employment. Analysing recent data from 28 European Union (EU) countries, we investigate the potential interlinkages in employment, renewable energy and non-renewable energy amongst the EU countries. We further examine assess the contributions of renewable energy and non-renewable energy to the future variation in employment, output and carbon emissions within the EU. Our results suggest that renewable energy has a positive and significant net employment impact for EU. We further find that renewable energy consumption contributes substantially to the future variability in employment both for the short and the medium term. Also, carbon-dioxide emissions negatively impact the employment level in the EU.

Item Type:	Article
Identification Number:	10.1080/13504509.2022.2078902
Dates:	Date Event 7 May 2022 Accepted 25 May 2022 Published Online
Uncontrolled Keywords:	Employment, renewable energy, Non-Renewable energy, EU, energy transformation
Subjects:	CAH15 - social sciences > CAH15-02 - economics > CAH15-02-01 - economics
Divisions:	Faculty of Business, Law and Social Sciences > College of Accountancy, Finance and Economics > Centre for Accountancy Finance and Economics Faculty of Business, Law and Social Sciences > College of Business, Digital Transformation & Entrepreneurship
Depositing User:	Amin Karimu
Date Deposited:	15 Feb 2024 12:20
Last Modified:	20 Jun 2024 12:05
URI:	https://www.open-access.bcu.ac.uk/id/eprint/15238

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