Report

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

Michael M. Bechtel, Kenneth F. Scheve, Elisabeth van Lieshout

Nature Climate Change, Vol. 11, 2021, pp. 90–910

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.

Resources

Topics
Climate policycarbon pricingpublic opinionpolicy design

Cite

Michael M. Bechtel, Kenneth F. Scheve, Elisabeth van Lieshout (2021). Majorities prefer constant carbon costs over increasing cost schedules even if costs are high. Nature Climate Change, Vol. 11, pp. 90–910.

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