Public Acceptance and Willingness to Pay for Carbon Capture and Utilisation Products

Tryfonas Pieri, Alexandros Nikitas and Athanasios Angelis-Dimakis ()
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Tryfonas Pieri: Department of Chemical Sciences, School of Applied Sciences, University of Huddersfield, Huddersfield HD1 3DH, UK
Alexandros Nikitas: Huddersfield Business School, University of Huddersfield, Huddersfield HD1 3DH, UK
Athanasios Angelis-Dimakis: Department of Chemical Sciences, School of Applied Sciences, University of Huddersfield, Huddersfield HD1 3DH, UK

Clean Technol., 2023, vol. 5, issue 1, 1-15

Abstract: Although the significance of the social science agenda reflecting and affecting the carbon capture and utilisation (CCU) value chain has been acknowledged, there is still a scarcity of research about it. This work contributes in developing an understanding of public perceptions regarding the acceptance, use, and purchasing of carbon dioxide (CO 2 )-derived products through an online quantitative survey. Our research suggests the awareness and acceptance of such products are relatively high. Respondents were in favour of CO 2 -derived product promotion by policy makers and the industry, approved the funding of such schemes by government, and supported companies that use captured CO 2 in their products. The product category seems to influence the willingness of people to use and buy CO 2 -derived products, with our respondents being more willing to use CO 2 -derived fuels than food or beverages, showing a caution toward health-related risks. Respondents were also more willing to buy a CO 2 -derived product if it was cheaper or better for the environment. Male respondents were in general less willing to pay for CCU-based products, while people aged 25 to 29 were more positive toward them. We conclude that the public will be in favour of CCU-based products and willing to buy them if the involved stakeholders do their part in delivering a safe product at a comparable quality and price to existing ones. Better information provision can also support this cause.

Keywords: carbon capture and utilisation (CCU); carbon dioxide-derived products; public acceptance; awareness; willingness to pay (search for similar items in EconPapers)
JEL-codes: Q2 Q3 Q4 Q5 (search for similar items in EconPapers)
Date: 2023
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