The impact of energy prices on socioeconomic and environmental performance: Evidence from French manufacturing establishments, 1997–2015

Working paper by Giovanni Marin, Francesco Vona on 17 Dec 2019

In evaluating the responses of French manufacturing firms to large increases in energy prices, which the authors use as a proxy for stringent environmental policy, they find that costs in terms of job losses and competitiveness are smaller by an order of magnitude than the benefits in terms of reducing carbon dioxide emissions. read more »