
Hector Pollitt
1.8K posts

Hector Pollitt
@HectorPollitt
Economist and macroeconomic modeller, working mainly on climate change. Advocate of economic pluralism. #CambridgeTradition #Complexity





@yinshaoloong at a climate event in Putrajaya today made an important point that the “green jobs” narrative is oversold I (broadly) concur. Once a solar panel factory is set up, you need minimal labor to run it. And as noted by Shao Loong, even the construction phase is getting increasingly automated. This can lead green tech to be *less* labor intensive, (EVs assembly, for example) But looking at jobs in specific sectors can also be misleading. One has to look at *net* job creation & destruction in the economy In that context, primary focus of climate policy (imho) ought to be on: 1. D-ecarbonization 2. A-dapting to a changing climate 3. M-anaging the transition (Frankly my dear, I do give a dam..😅) If in meeting these objectives, there is an overall increase in productivity, then net job creation can be still +ive, even if “green jobs” are fleeting & transient And *this* is the correct metric to measure the impact of climate policy on jobs. Hope more politicians would see climate action & green jobs thru this more nuanced lens…








The OxREP's newest issue on “Rebuilding Macroeconomic Theory III: The Macroeconomics of Structural Change” has been published! Read all articles online here: academic.oup.com/oxrep/issue/41…


Finally, as always, it was a pleasure working with @DimitriZ @JFMercure and Frank Geels.


