@tedcruz issued statement against Paris climate agreement. Since it is time to reinvigorate knowledge here is link to NBER paper on jobs and environment. Paper considers how in new economy workers essentially reallocated to new opportunities but...1/ nber.org/papers/w26093
But Hafstead NBER research also shows stickiness of job loss in select communities most affected by energy transition in short run. this is one area where stimulus should target speeding opportunity (as opposed to losing out on new economy development ) 2/ nber.org/papers/w26093
Put another way, when @APIenergy says they will block Biden plan for EV charging stations at the same time ExxonMobil lays off 14,000 employees, America experiences DOUBLE job losses. Oil sector jobs lost because other countries are transitioning climate policy (thread)
But lost fossil fuel jobs cannot be replaced because oil lobby blocks new job creation in US. New energy jobs go elsewhere (think Tesla factories in China, Europe) and America loses. @tedcruz time you read some actual Econ studies nber.org/papers/w26093
2020 Hafstead NBER paper on Environment and Jobs journals.uchicago.edu/doi/10.1086/70…
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