Preferences for Energy Efficiency vs. Renewables: What Is the Willingness to Pay to Reduce CO2 Emissions?

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11690%2F18%3A10371413" target="_blank" >RIV/00216208:11690/18:10371413 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.1016/j.ecolecon.2017.08.009" target="_blank" >http://dx.doi.org/10.1016/j.ecolecon.2017.08.009</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.ecolecon.2017.08.009" target="_blank" >10.1016/j.ecolecon.2017.08.009</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Preferences for Energy Efficiency vs. Renewables: What Is the Willingness to Pay to Reduce CO2 Emissions?

Popis výsledku v původním jazyce

Concerns about climate change are growing, and so is the demand for information about the costs and benefits of mitigating greenhouse gas emissions. This paper seeks to estimate the benefits of climate change mitigation, as measured by the public&apos;s willingness to pay for such policies. We investigate the preferences of Italian and Czech households towards climate change mitigation policy options directly related to residential energy use. We use discrete choice experiments, which are administered in a standardized fashion to representative samples in the two countries through computer-assisted web interviews. Our preferred estimates of the willingness to pay per ton of CO2 emissions avoided is (sic)133 for the Italians and 94 Euro for the Czech respondents (at 2014 purchasing power parity). We find evidence of considerable heterogeneity in WTP driven by income. The two samples differ in their within-sample income elasticities of WTP, but comparison across the two countries suggests an income elasticity of WTP of one-or even greater than one for certain mixed logit specifications.

Název v anglickém jazyce

Preferences for Energy Efficiency vs. Renewables: What Is the Willingness to Pay to Reduce CO2 Emissions?

Popis výsledku anglicky

Concerns about climate change are growing, and so is the demand for information about the costs and benefits of mitigating greenhouse gas emissions. This paper seeks to estimate the benefits of climate change mitigation, as measured by the public&apos;s willingness to pay for such policies. We investigate the preferences of Italian and Czech households towards climate change mitigation policy options directly related to residential energy use. We use discrete choice experiments, which are administered in a standardized fashion to representative samples in the two countries through computer-assisted web interviews. Our preferred estimates of the willingness to pay per ton of CO2 emissions avoided is (sic)133 for the Italians and 94 Euro for the Czech respondents (at 2014 purchasing power parity). We find evidence of considerable heterogeneity in WTP driven by income. The two samples differ in their within-sample income elasticities of WTP, but comparison across the two countries suggests an income elasticity of WTP of one-or even greater than one for certain mixed logit specifications.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50201 - Economic Theory

Projekt

Výsledek vznikl pri realizaci vícero projektů. Více informací v záložce Projekty.

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2018

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Ecological Economics

ISSN

0921-8009

e-ISSN

—

Svazek periodika

144

Číslo periodika v rámci svazku

February

Stát vydavatele periodika

NL - Nizozemsko

Počet stran výsledku

15

Strana od-do

171-185

Kód UT WoS článku

000418108500016

EID výsledku v databázi Scopus

2-s2.0-85027498592