Challenges in determining the employment generated by climate-change policies

Abstract

In the existing economic crisis and the impending global catastrophic effects of the climate change renewable energy technology provide an opportunity to harness the environmentally abundant energy sources to spur economic growth. This paper examines the global effects of climate change and the resulting policies to mitigate the crises. The evolution of the climate change policies into its current form and how they have replaced employment in the conventional energy sector. It analyses several models which shed a favourable light on increased spending in renewable energy sources and why certain industries consider it a threat to the whole economy.