This report analyzes the consequences for the labor force of Western Macedonia’s (Greece) decarbonization as part of Europe’s new Green Deal. Already, the region records the highest unemployment rate of the country (27 percent in 2018). A survey of contractors suggests that about 16,000 jobs...

Decarbonizing economies is an enormous task. Public debate often focuses on the job loss of workers in fossil industries. Why is job loss costly? Who is most affected? Can delaying transition reduce welfare costs? What other policy instruments may be available? We present a simple job search...