Industrial European regions at risk within the Fit for 55: How far implementing CBAM can mitigate?
The transition to a low-carbon economy can create new job opportunities but may cause job displacement in some sectors that heavily rely on fossil fuels. In order to gain a balanced appraisal in understanding the broader consequences of climate policies, this paper analyses the impact of the EU Fit...
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| Format: | Article |
| Language: | English |
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Elsevier
2025-02-01
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| Series: | Renewable and Sustainable Energy Transition |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2667095X24000126 |
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| author | Sigit Perdana Marc Vielle |
| author_facet | Sigit Perdana Marc Vielle |
| author_sort | Sigit Perdana |
| collection | DOAJ |
| description | The transition to a low-carbon economy can create new job opportunities but may cause job displacement in some sectors that heavily rely on fossil fuels. In order to gain a balanced appraisal in understanding the broader consequences of climate policies, this paper analyses the impact of the EU Fit for 55 with carbon border adjustment on EU employment at the regional level. Research findings prove that certain regions are disproportionately affected by job losses, indicating that the acceptability of these targeted policies should address these potential inequalities. The most exposed are regions with vast energy mining industries, however implementing CBAM reduces the exposure of regions with energy-intensive industries. Some regions in Greece, Spain and Italy are still very vulnerable post-CBAM implementation, suggesting high sensitivity of job losses and low capability of these regions to deal with energy transition. Accordingly, ensuring effective support for these vulnerable regions is critical to enhancing public acceptance and further cooperation for the EU climate commitment and a more well-managed transition to a low-carbon economy. |
| format | Article |
| id | doaj-art-6e0f9a9656b34c21b898432b3b6a25a6 |
| institution | Kabale University |
| issn | 2667-095X |
| language | English |
| publishDate | 2025-02-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Renewable and Sustainable Energy Transition |
| spelling | doaj-art-6e0f9a9656b34c21b898432b3b6a25a62024-12-18T08:54:05ZengElsevierRenewable and Sustainable Energy Transition2667-095X2025-02-016100088Industrial European regions at risk within the Fit for 55: How far implementing CBAM can mitigate?Sigit Perdana0Marc Vielle1Corresponding author.; LEURE Laboratory, École Polytechnique Fédérale de Lausanne (EPFL), CH-1015 Lausanne, SwitzerlandLEURE Laboratory, École Polytechnique Fédérale de Lausanne (EPFL), CH-1015 Lausanne, SwitzerlandThe transition to a low-carbon economy can create new job opportunities but may cause job displacement in some sectors that heavily rely on fossil fuels. In order to gain a balanced appraisal in understanding the broader consequences of climate policies, this paper analyses the impact of the EU Fit for 55 with carbon border adjustment on EU employment at the regional level. Research findings prove that certain regions are disproportionately affected by job losses, indicating that the acceptability of these targeted policies should address these potential inequalities. The most exposed are regions with vast energy mining industries, however implementing CBAM reduces the exposure of regions with energy-intensive industries. Some regions in Greece, Spain and Italy are still very vulnerable post-CBAM implementation, suggesting high sensitivity of job losses and low capability of these regions to deal with energy transition. Accordingly, ensuring effective support for these vulnerable regions is critical to enhancing public acceptance and further cooperation for the EU climate commitment and a more well-managed transition to a low-carbon economy.http://www.sciencedirect.com/science/article/pii/S2667095X24000126European UnionCarbon border adjustmentComputable general equilibrium modelJobsEnergy intensive industriesEmployment impacts |
| spellingShingle | Sigit Perdana Marc Vielle Industrial European regions at risk within the Fit for 55: How far implementing CBAM can mitigate? Renewable and Sustainable Energy Transition European Union Carbon border adjustment Computable general equilibrium model Jobs Energy intensive industries Employment impacts |
| title | Industrial European regions at risk within the Fit for 55: How far implementing CBAM can mitigate? |
| title_full | Industrial European regions at risk within the Fit for 55: How far implementing CBAM can mitigate? |
| title_fullStr | Industrial European regions at risk within the Fit for 55: How far implementing CBAM can mitigate? |
| title_full_unstemmed | Industrial European regions at risk within the Fit for 55: How far implementing CBAM can mitigate? |
| title_short | Industrial European regions at risk within the Fit for 55: How far implementing CBAM can mitigate? |
| title_sort | industrial european regions at risk within the fit for 55 how far implementing cbam can mitigate |
| topic | European Union Carbon border adjustment Computable general equilibrium model Jobs Energy intensive industries Employment impacts |
| url | http://www.sciencedirect.com/science/article/pii/S2667095X24000126 |
| work_keys_str_mv | AT sigitperdana industrialeuropeanregionsatriskwithinthefitfor55howfarimplementingcbamcanmitigate AT marcvielle industrialeuropeanregionsatriskwithinthefitfor55howfarimplementingcbamcanmitigate |