The demand for climate protection : an empirical assessment for Germany


Löschel, Andreas ; Sturm, Bodo ; Vogt, Carsten


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URL: http://ub-madoc.bib.uni-mannheim.de/3023
URN: urn:nbn:de:bsz:180-madoc-30237
Document Type: Working paper
Year of publication: 2010
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: Q51 Q54 C93 ,
Subject headings (SWD): Deutschland , Klimaschutz , Zahlungsbereitschaft , Test
Keywords (English): Experimental economics , demand for climate protection , climate change , willingness to pay
Abstract: In this paper, we investigate the real demand for climate protection. For this purpose we conducted a framed field experiment with a sample of the residential population in Mannheim, Germany. Participants were endowed with € 40 and given the opportunity to contribute to climate protection by purchasing European Union Allowances. Purchased allowances were withdrawn from the European Emissions Trading Scheme (EU ETS). While the median willingness to pay (WTP) for climate protection is zero the mean WTP is approximately € 12/tCO2. We analyse determinants of the observed individual demand behaviour and discuss the potential consequences, which result from the remarkably low WTP and its distribution for German climate policy.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Löschel, Andreas ; Sturm, Bodo ; Vogt, Carsten (2010) The demand for climate protection : an empirical assessment for Germany. Open Access [Working paper]
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