The demand for climate protection—Empirical evidence from Germany

Andreas Löschel, Bodo Sturm and Carsten Vogt

Economics Letters, 2013, vol. 118, issue 3, 415-418

Abstract: An experiment designed to find the real demand for climate protection was conducted among a sample of the residential population in Mannheim, Germany. Participants were offered the opportunity to contribute to climate protection by purchasing European Union Allowances which were then withdrawn from the European Emissions Trading Scheme. Our experiment showed a median willingness to pay (WTP) of zero and a mean WTP of approximately 12€/tCO2.

Keywords: Experimental economics; Demand for climate protection; Willingness to pay (search for similar items in EconPapers)
JEL-codes: C93 Q51 Q54 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (54)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:118:y:2013:i:3:p:415-418

DOI: 10.1016/j.econlet.2012.12.007

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