How to Increase Public Support for Carbon Pricing

Andrej Woerner, Taisuke Imai, Davide D. Pace and Klaus M. Schmidt

ISER Discussion Paper from Institute of Social and Economic Research, The University of Osaka

Abstract: The public acceptability of a carbon price depends on how the revenues from carbon pricing are used. In a fully incentivised experiment with a large representative sample of the German population, we compare five different revenue recycling schemes and show that support for a carbon price is maximised by a “Climate Premium” that pays a fixed, uniform, upfront payment to each person. This recycling scheme receives more support than tax and dividend schemes, than using revenues for the general budget of the government, and than earmarking revenues for environmental projects. Furthermore, we show that participants and experts underestimate the public support for carbon pricing.

Date: 2023-12
New Economics Papers: this item is included in nep-env
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.iser.osaka-u.ac.jp/static/resources/docs/dp/2023/DP1228.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:dpr:wpaper:1228

Access Statistics for this paper

More papers in ISER Discussion Paper from Institute of Social and Economic Research, The University of Osaka Contact information at EDIRC.
Bibliographic data for series maintained by Librarian ().