Public preferences for investments in renewable energy production and energy efficiency

Noblet, Caroline L.; Teisl, Mario F.; Evans, Keith S.; Anderson, Mark; McCoy, Shannon K.; Cervone, Edmund

doi:10.1016/j.enpol.2015.09.003

Cited by 41 publications

(23 citation statements)

References 59 publications

(88 reference statements)

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“…In sum, our findings are line with prior research that finds more support for policy "carrots" like voluntary efforts [6], increased funding for renewable energy technologies [43], and increased energy efficiency standards [44] from respondents in all four states. Demographic characteristics of individuals are independently related to support for the eight policy questions, and our findings were relatively in-line with previous research.…”

Section: Discussionsupporting

confidence: 90%

Ideology and Value Determinants of Public Support for Energy Policies in the U.S.: A Focus on Western States

Wolters¹,

Steel²,

Warner³

2020

Energies

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Energy policy is often a contentious issue in the U.S. in the areas of infrastructure, conservation, and price discrimination. From the siting of new pipelines, conservation regulations, and variable pricing based on times and usage, many policies have been met by intense opposition as well as support from a variety of sources. In this context, this study examines individual-level attributes (e.g., political ideology, environmental values, and demographic characteristics) that lead to support for or opposition to infrastructure, conservation, and price discrimination policies. The identification of demographic and value correlates of energy policy preferences is important for the successful development of energy policies. Data from 2019 random household surveys in the U.S. western states of California, Idaho, Oregon and Washington are used to examine the variation in views on a variety of energy policies. Multivariate analyses reveal that those with more liberal political ideology and people holding stronger pro-environmental values (as measured by the New Ecological Paradigm) were more likely to support conservation campaigns, energy efficiency, funding for renewable energy technology and price discrimination policies than those who held more conservative views. Several demographic variables also have a significant impact on support for or opposition to policies concerning infrastructure, conservation, and price discrimination. Younger people and people with higher levels of formal education are more likely to support voluntary energy conservation campaigns and increased funding for research into renewable energy technologies, and people with higher incomes are more supportive of requiring high-energy efficiency standards in new construction. Finally, state residency independently affected policy preferences with Idahoans’ views more consistent with political conservatives and those lower on the NEP than residents of the other three western states. These findings should be useful to policy makers as they work toward the development of energy policies.

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Section: Discussionsupporting

confidence: 90%

Ideology and Value Determinants of Public Support for Energy Policies in the U.S.: A Focus on Western States

Wolters¹,

Steel²,

Warner³

2020

Energies

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“…Adapted from Goplen (2014). (Noblet, Teisl, Evans, et al, 2015). Further, individuals who saw Tidal energy in the Energy Policy Scenario were more likely to support the policy than if landbased wind had been presented (β = .648, p < .015).…”

Section: H1: Dose Effectmentioning

confidence: 96%

Does One Good Turn Deserve Another? Evidence of Domain-Specific Licensing in Energy Behavior

Noblet

McCoy

2017

Environment and Behavior

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In this article we investigate licensing behavior across and within sustainability domains. In a survey study based on a random sample of residents of the state of Maine, USA (N = 668), we find that an individual's choice in a future policy scenario was significantly impacted by recalling his/her own previous sustainable behavior. We find evidence of domain-specific licensing in the energy realm, where individuals who participated in past sustainable energy behaviors are less likely to support a proposed public policy investment in energy efficiency/renewable energy. We employ a novel environmental motivation scale and determine that licensing impacts are mediated by an individual's internal environmental motivation. Our results suggest that care must be taken in how we encourage sustainable behavior, without triggering licensing.

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“…[14] have found that people with higher environmental attitudes are more likely to invest in RE project and even seem to accept financial disadvantages in return for the environmentally-friendly projects. [15], on the other hand, found that while people who perceive that climate change is happening, are more likely to support RE related policy, the belief, however, does not influence how much they are willing to allocate for RE investment.…”

Section: Drivers Affecting Investment Decision In Rementioning

confidence: 92%

“…This psychographic variables have been tested in several other studies on RE such as [14] and [15]. [14] have found that people with higher environmental attitudes are more likely to invest in RE project and even seem to accept financial disadvantages in return for the environmentally-friendly projects.…”

Section: Drivers Affecting Investment Decision In Rementioning

confidence: 99%

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Renewable Energy Investment in Malaysia: An Integrated Model in Evaluating Public Decision Making Process

Husin¹,

Alrazi²

2017

JOCET

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Abstract-Rapid depletion of fossil fuel reserves as well as climate change has driven the world including Malaysia towards renewable energy (RE) sources which are untapped and environmentally friendly. Through a feed-in-tariff system, Malaysia has set a target of increasing its RE capacity to 11 % of total capacity mix of electricity generation by year 2020. The system is supported with five strategic thrusts (ST) of National RE policy which include providing a conducive business environment for RE (ST2). Despite the existence of ST2, to the knowledge of this research, there has been no effort being made to better understand the variety of decisions taken by Malaysian RE investors to invest in RE. Through a review of RE literature, this study develops an integrated decision making model, to be tested on Malaysian RE investors, by using Theory of Planned Behavior as the underlying framework. The theory is then modified to incorporate previous drivers introduced in previous RE literature that largely based on behavioral finance and institutional theory. Given that RE in Malaysia is currently reported at only at 1 % of total capacity mix as compared to the 11 % target, the model will help Malaysian regulators to better leverage all drivers that stimulate RE investment and design a more conducive business environment for RE.

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Public preferences for investments in renewable energy production and energy efficiency

Cited by 41 publications

References 59 publications

Ideology and Value Determinants of Public Support for Energy Policies in the U.S.: A Focus on Western States

Ideology and Value Determinants of Public Support for Energy Policies in the U.S.: A Focus on Western States

Does One Good Turn Deserve Another? Evidence of Domain-Specific Licensing in Energy Behavior

Renewable Energy Investment in Malaysia: An Integrated Model in Evaluating Public Decision Making Process

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