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Public acceptability of personal carbon trading and carbon tax

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  • Bristow, Abigail L.
  • Wardman, Mark
  • Zanni, Alberto M.
  • Chintakayala, Phani K.
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    Abstract

    Climate change is one of the greatest challenges confronting the international community requiring action to achieve deep cuts in carbon emissions. The implementation of potentially uncomfortable but necessary policy measures is, though, critically dependent upon public acceptability. This paper reports a novel application of stated preference techniques to explore the influence of key design attributes on the acceptability of a personal carbon trading scheme in isolation and when compared to a carbon tax. Illustrative forecasts from the models developed indicate the importance of design attributes, especially the basis of the initial permit allocation for personal carbon trading and the use to which revenues are put for carbon tax. Results indicate that the "best" scheme designs could be acceptable to a majority of respondents.

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    Bibliographic Info

    Article provided by Elsevier in its journal Ecological Economics.

    Volume (Year): 69 (2010)
    Issue (Month): 9 (July)
    Pages: 1824-1837

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    Handle: RePEc:eee:ecolec:v:69:y:2010:i:9:p:1824-1837

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    Web page: http://www.elsevier.com/locate/ecolecon

    Related research

    Keywords: Personal carbon trading Carbon tax Stated preference Public acceptability;

    References

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    Cited by:
    1. Anderson, Blake & M'Gonigle, Michael, 2012. "Does ecological economics have a future?," Ecological Economics, Elsevier, vol. 84(C), pages 37-48.
    2. McNamara, David & Caulfield, Brian, 2013. "Examining the impact of carbon price changes under a personalised carbon trading scheme for transport," Transport Policy, Elsevier, vol. 30(C), pages 238-253.
    3. Harwatt, Helen & Tight, Miles & Bristow, Abigail L. & Gühnemann, Astrid, 2011. "Personal carbon trading and fuel price increases in the transport sector: an exploratory study of public response in the UK," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 47, pages 47-70.
    4. Schwanen, Tim & Banister, David & Anable, Jillian, 2011. "Scientific research about climate change mitigation in transport: A critical review," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(10), pages 993-1006.
    5. Zhu, Y. & Li, Y.P. & Huang, G.H., 2013. "Planning carbon emission trading for Beijing's electric power systems under dual uncertainties," Renewable and Sustainable Energy Reviews, Elsevier, vol. 23(C), pages 113-128.
    6. Wang, Tao & Foliente, Greg & Song, Xinyi & Xue, Jiawei & Fang, Dongping, 2014. "Implications and future direction of greenhouse gas emission mitigation policies in the building sector of China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 31(C), pages 520-530.
    7. Benjamin Court & Thomas Elliot & Joseph Dammel & Thomas Buscheck & Jeremy Rohmer & Michael Celia, 2012. "Promising synergies to address water, sequestration, legal, and public acceptance issues associated with large-scale implementation of CO 2 sequestration," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 17(6), pages 569-599, August.

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