Fig. 5: Occupational exposure to climate transition risk.
From: Occupational carbon footprints and exposure to climate transition risks
The size of each circle represents the share of workers in the total workforce. The red colour represents high climate transition risk, and the blue colour represents low climate transition risk. Normalized impact (\(\hat{\alpha }\)) represents the share of potential carbon footprint mitigation cost of an occupation to its wage revenue. Normalized likelihood (\(\hat{\beta }\)) indicates the share of its carbon footprints that are sourced from the regulated sectors.
