How does climate change affect the economy? Experts also see jobs at risk from climate protection measures - a study provides answers.

How does climate change affect the economy? Experts also see jobs at risk from climate protection measures - a study provides answers.

According to a report by www.tagesspiegel.de,
Climate change continues to be a major concern for a majority of people in Germany, but many also see jobs at risk as a result of climate protection measures. According to a survey commissioned by the Bertelsmann Foundation, 54 percent of respondents said they were “very worried” or “extremely worried” about climate change. However, almost 13 percent of those surveyed were “not very” or “not at all” worried. More than two thirds of those surveyed continue to support the energy transition (69 percent), while support for the transport transition is 56 percent. However, an increasing number of respondents are also concerned about the social and economic consequences of climate protection measures. Almost 40 percent believe that the energy and transport transition endangers Germany's prosperity and economic performance. In addition, a good three quarters of those surveyed consider the energy transition to be too expensive, and 45 percent assume that it will not reduce energy prices.

As a financial expert, I can see that concerns about the costs of the energy transition and its social and economic consequences play an important role. A significant proportion of those surveyed believe that the energy transition is too expensive and will not reduce energy prices. These concerns could have an impact on companies' and consumers' investment decisions, particularly in the area of ​​renewable energy and energy transition technologies. Companies may hesitate to invest in this area if public opinion and consumer expectations are negative. Furthermore, these concerns could lead policymakers to rethink their strategies to promote the energy transition and potentially make adjustments to address population concerns. It is important to carefully monitor public opinion and motivation towards the energy transition in order to respond appropriately to concerns and expectations.