Neoliberal economics has opposed or rolled back policy measures designed to protect the environment. Neoclassical economics recognises environmental degradation as a classic example of an externality and frames its response in terms of correcting that market failure, but the limitations of its...

We study the impact of climate change mitigation policies intended to reach the Paris Agreement’s two-degree target on the structure of European labour markets. Employing a three-sector macro-econometric model with a rich labour market extension, we show that the measures targeted at shrinking...