Energy transition: constraint or opportunity for growth and employment?

This note aims at examining whether environmental policies associated with energy transition are either a brake on, or an opportunity for economic growth. In order to so, the authors compare France's situation with that of its economic partners (Germany, Spain, Italy) in terms of energy price, and of share of employment in polluting industries. They also examine the influence of an increase of energy prices on employment and competitiveness of French manufacturing companies. They finally show that energy transition implies a structural change which may result in an actual creation of green jobs. They finally propose three recommendations regarding economic policy