Cars and the Green Transition: Challenges and Opportunities for European Workers

Cars and the Green Transition: Challenges and Opportunities for European Workers PDF Author: Oya Celasun
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 32

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Book Description
Reducing transport sector emissions is an important pillar of the green transition. However, the transition to electric vehicles (EV) portends major changes in vehicle manufacturing activity, on which many livelihoods in Europe depend. Using the heterogeneity across European countries in the speed of transition to EV production and variation in sectoral and regional exposure to the automotive sector, this paper offers early evidence of the labor market implications of the EV transition. Our results suggest that the transformation of the auto sector is already having an adverse impact on employment in the affected sectors and regions, which can be expected to grow at least in the near term. Many of the affected workers will be able to retire and our analysis suggests that those who will have to transition to new “greener” jobs have a fair chance to do so when compared to other workers in the manufacturing sector. Furthermore, we find evidence that active labor market policies, specifically training, can help to reduce the adjustment costs for the affected workers.

Cars and the Green Transition: Challenges and Opportunities for European Workers

Cars and the Green Transition: Challenges and Opportunities for European Workers PDF Author: Oya Celasun
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 32

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Book Description
Reducing transport sector emissions is an important pillar of the green transition. However, the transition to electric vehicles (EV) portends major changes in vehicle manufacturing activity, on which many livelihoods in Europe depend. Using the heterogeneity across European countries in the speed of transition to EV production and variation in sectoral and regional exposure to the automotive sector, this paper offers early evidence of the labor market implications of the EV transition. Our results suggest that the transformation of the auto sector is already having an adverse impact on employment in the affected sectors and regions, which can be expected to grow at least in the near term. Many of the affected workers will be able to retire and our analysis suggests that those who will have to transition to new “greener” jobs have a fair chance to do so when compared to other workers in the manufacturing sector. Furthermore, we find evidence that active labor market policies, specifically training, can help to reduce the adjustment costs for the affected workers.

The Green Transition of the Automotive Industry

The Green Transition of the Automotive Industry PDF Author: Anna Cabigiosu
Publisher: Springer Nature
ISBN: 303137200X
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
This edited collection offers deeper understanding of the green and digital transition in the automotive industry. It explains how mobility products, services and business models are changing, the opportunities and threats correlated to this double transition as well as the competences and resources needed for firms in this fluid scenario. The book firstly provides an in-depth overview of the strategic and managerial implications for automotive and mobility incumbent firms. Chapters describe how sustainable technologies have been changing over time and identify the challenges of the shift imposed by the new competitive environment, such as the so-called servitization of the industry. The second section describes the new drivers of growth and profitability, such as open and collaborative innovation, and provides guidance on how incumbents can surf this turbulent landscape.

Slovak Republic

Slovak Republic PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 65

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Book Description
The Slovak economy continued to grow in 2023, with a large fiscal expansion and the easing of pandemic-era supply chain disruptions offsetting headwinds from soaring food and energy prices. Inflation has declined from comparatively elevated levels in 2022 and early 2023 but remains among the highest in the euro area. Adverse demographic trends pose medium-term challenges for growth and fiscal sustainability.

Czech Republic

Czech Republic PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 80

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Book Description
Growth slowed considerably following Russia’s invasion of Ukraine, reflecting disruptions in global value chains, significant increases in energy and commodity prices, an erosion in real wages, and a necessary tightening in monetary policy. Growth is expected to pick up in 2024, led by consumption and fixed investment—as inflation fades and real income recovers—supported by net exports. Nevertheless, over the medium term, GDP is not expected to reach the levels consistent with its pre-pandemic trend. Inflation peaked in 2022 and is projected to meet its target by early 2025. Risks are tilted to the downside for activity and to the upside for inflation.

The Possible Implications of the Green Transition for the EU Labour Market

The Possible Implications of the Green Transition for the EU Labour Market PDF Author:
Publisher:
ISBN: 9789276529446
Category :
Languages : en
Pages : 0

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Book Description
With policy ambitions at an all-time high, the green transition is set to accelerate over the next decade and trigger significant structural change in EU labour markets. While aggregate employment impacts of the green transition may remain contained, shifts are likely to occur between sectors, firms, occupations, and regions. This calls for policymakers to anticipate and address the distributional risks of climate policy. Three types of jobs ('green', 'white' and 'brown') are distinguished that would be differently affected. Brown jobs would be most negatively affected. While on aggregate, their share is relatively small, impacts may be concentrated in sectors and regions. As the ease of labour reallocation will crucially depend on the similarity of location and skills of the jobs that are newly created, demographic characteristics of workers in brown sectors are discussed. It is argued that with the right policy support, transition costs can be mitigated, particularly at the current juncture, where labour markets are tight. At the same time, regional socio-economic specificities need to be accounted for. Policy action should focus on providing inclusive social protection, education and training, individualised re-employment support, temporary job subsidies, and effective regional development policy. Acting in anticipation can improve policy effectiveness. Lessons should be drawn from past structural transformations aimed at economic diversification. At the same time, care should be taken to counter political backlash against climate policies based on job-killing arguments with evidence of positive employment effects in well-managed cases and clear communication on policy strategies to address distributional consequences.

The Automotive Industry and the Environment

The Automotive Industry and the Environment PDF Author: P Nieuwenhuis
Publisher: Elsevier
ISBN: 1855738600
Category : Technology & Engineering
Languages : en
Pages : 272

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Book Description
The automotive industry currently faces huge challenges. The fundamental technological paradigm it relies on, volume production, has become progressively more unprofitable in the face of increasingly segmented niche markets. At the same time it faces increasing regulatory and social pressures to improve both the sustainability of its products and methods of production. Building on a wealth of research, The automotive industry and the environment addresses those challenges and how they can be met in producing a sustainable and profitable industry for the future. The authors first discuss the development of the automotive industry and the problems it currently faces. They then consider the solutions the industry can adopt. The book reviews trends in more environmentally-friendly technologies such as the use of more sustainable fuel sources and new types of modular design with built-in recyclability. However, these technologies can only be fully exploited if methods of manufacture change. The book also describes models of decentralised production, particularly the micro factory retailing (MFR) model, which provide an alternative to volume production and promise to be both more sustainable and more profitable. The automotive industry and the environment provides both a cogent diagnosis of the environmental and other problems facing the industry and a blueprint for a better future. It will be widely welcomed by the industry, policy makers and all those concerned with sustainable transport. Addresses the challenges facing the automotive industry, from the increasing unprofitability of volume production to regulatory and social pressures to improve environmental and product sustainability Examines how the automotive industry can meet the current challenges in producing a sustainable and profitable industry for the future Reviews trends in more environmentally-friendly technologies such as the use of more sustainable fuel sources and new types of modular design with built-in recyclability

How to Avoid a Climate Disaster

How to Avoid a Climate Disaster PDF Author: Bill Gates
Publisher: Vintage
ISBN: 0385546149
Category : Science
Languages : en
Pages : 201

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Book Description
#1 NEW YORK TIMES BEST SELLER • In this urgent, authoritative book, Bill Gates sets out a wide-ranging, practical—and accessible—plan for how the world can get to zero greenhouse gas emissions in time to avoid a climate catastrophe. Bill Gates has spent a decade investigating the causes and effects of climate change. With the help of experts in the fields of physics, chemistry, biology, engineering, political science, and finance, he has focused on what must be done in order to stop the planet's slide to certain environmental disaster. In this book, he not only explains why we need to work toward net-zero emissions of greenhouse gases, but also details what we need to do to achieve this profoundly important goal. He gives us a clear-eyed description of the challenges we face. Drawing on his understanding of innovation and what it takes to get new ideas into the market, he describes the areas in which technology is already helping to reduce emissions, where and how the current technology can be made to function more effectively, where breakthrough technologies are needed, and who is working on these essential innovations. Finally, he lays out a concrete, practical plan for achieving the goal of zero emissions—suggesting not only policies that governments should adopt, but what we as individuals can do to keep our government, our employers, and ourselves accountable in this crucial enterprise. As Bill Gates makes clear, achieving zero emissions will not be simple or easy to do, but if we follow the plan he sets out here, it is a goal firmly within our reach.

New Frontiers of the Automobile Industry

New Frontiers of the Automobile Industry PDF Author: Alex Covarrubias V.
Publisher: Springer Nature
ISBN: 3030188817
Category : Business & Economics
Languages : en
Pages : 516

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Book Description
Analysing developments in digital technologies and institutional changes, this book provides an overview of the current frenetic state of transformation within the global automobile industry. An ongoing transition brought about by the relocation of marketing, design and production centres to emerging economies, and experimentation with new mobility systems such as electrical, autonomous vehicles, this process poses the question as to how original equipment manufacturers (OEMs) and newcomers can remain competitive and ensure sustainability. With contributions from specialists in the automobile sector, this collection examines the shifts in power and geographical location occurring in the industry, and outlines the key role that public policy has in generating innovation in entrepreneurial states. Offering useful insights into the challenges facing emerging economies in their attempts to grow within the automobile industry, this book will provide valuable reading for those researching internationalization and emerging markets, business strategy and more specifically, the automotive industry.

The Fourth Industrial Revolution

The Fourth Industrial Revolution PDF Author: Klaus Schwab
Publisher: Currency
ISBN: 1524758876
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.

Working Towards Sustainable Development

Working Towards Sustainable Development PDF Author: International Labour Office
Publisher: International Labor Office
ISBN: 9789221263784
Category : Political Science
Languages : en
Pages : 0

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Book Description
A green economy is necessary if sustainable development is to be realised. However, as this report emphasizes, a green economy can also, if accompanied by the right policy mix, create more and better jobs, lift people out of poverty and promote social inclusion. In fact, the growth model of the past few decades has been inefficient, not only economically, but also from environmental, employment and social perspectives. It overuses natural resources, is environmentally unsustainable and has failed to meet the aspirations of a large proportion of society seeking productive, decent work and dignified lives. A new development model - one which puts people, fairness and the planet at the core of policy-making - is urgently needed, and is eminently achievable. More fundamentally, this report demonstrates that employment and social inclusion must be integral parts of any sustainable development strategy and must be included in policies that address climate change and ensure the preservation of the environment. In particular, the report assesses the sectoral, employment and income implications of the transition to a green economy. It highlights the necessary conditions, policy prescriptions and good practices required to ensure that the green economy is characterized by gains in job quality, reductions in poverty and improvements in social inclusion.