Recent international efforts to foster global sustainability have underscored the pivotal role of renewable energy sources. However, significant transitions within industries, such as the energy sector, often entail challenges, including job displacement and the emergence of new opportunities. In light of these dynamics, this study proposes to examine the relationship between investment in renewable energy and employment levels across ten distinct Canadian provinces. To investigate this relationship comprehensively, we employ panel data analysis, encompassing both the fixed effects and random effects models. Our study aims to shed light on how investments in renewable energy influence employment figures across various job categories. Furthermore, we seek to contrast the shifts in employment patterns between low- and high-skilled workers resulting from such investments. The anticipated findings of this research will contribute to a deeper understanding of the intricate interplay between renewable energy investments and employment dynamics."
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Cao et al. (2024) studied this question.
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