Most people prefer constant carbon costs over increasing cost schedules even if costs are high

Michael M. Bechtel (), Kenneth F. Scheve and Elisabeth van Lieshout
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Michael M. Bechtel: Washington University in St. Louis
Kenneth F. Scheve: Yale University
Elisabeth van Lieshout: Stanford University

Nature Climate Change, 2021, vol. 11, issue 11, 909-910

Abstract: We find that the public prefers the costs of climate action to be constant over time, irrespective of whether average costs are low or high. Policymakers interested in combating global warming should therefore introduce policies that initially rely on stable cost schedules instead of the widely discussed alternative of ramping up costs over time.

Date: 2021
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DOI: 10.1038/s41558-021-01202-7

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