24 May 2022
Jobs and Skills in the Transition to a Net-Zero Economy A Foresight Exercise 1 Partners The Diversity Institute conducts and coordinates multi-disciplinary, multi- stakeholder research to address the needs of diverse Canadians, the changing nature of skills and competencies, and the policies, processes and tools that advance economic inclusion and success. [...] According to the International number of jobs created and the Labour Organization (ILO) (2018), changes associated skills implications in a in energy production and consumption to achieve the goal of limiting warming net-zero economy across a set of to 2°C could lead to the net creation of distinct futures. [...] > The international price of commodities: > The stringency of climate policies varying the price of oil and natural internationally: The benchmark used to gas, which is influenced by changes in consider the ambition of global climate commodity prices in international markets, policy is determined by policy stringency is essential to evaluating the level of in the United States. [...] the impact of the three decarbonization Disaggregating the impact of climate policy scenarios on economic growth (in the form of on jobs across provinces is also useful GDP) and on jobs across sectors (at national because the transition will impact the and provincial levels) and identifies how the labour market differently in different regions. [...] instance, there are only 113,000 more jobs in the Electrons scenario (lower-carbon The relatively low level of variation in the future) than in the Blended scenario (in which number of jobs created across scenarios is the reliance on carbon offset schemes is due to the fact that the majority of Canadian higher), and there are only 75,000 more jobs employment is in sectors that are neither in the E.