Although the long-term macroeconomic impact of decarbonisation has been found beneficial for countries that, like Greece, base their energy production on coal, thoroughly examining its social, economic, and energy security impacts in the near-to-long-term becomes critical, especially when this transition is performed drastically.
In our latest policy brief, we seek to address this question: What is the impact of delignitisation and its pace in Greece, both in the short term and in the longer run?
Our findings suggest that delignitisation, irrespective of the speed in which it is attempted, is beneficial for the wider Greek economy in the long run—i.e., by the middle of the century.
However, depending on the pace of the envisaged transition, phasing out lignite may have adverse effects in the near (2030) and medium term (2040), which need to be addressed to ensure social cohesion and achieve a just transition.
You may access the entire policy brief and read more here.
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