Scents of Belonging

Carattini, Amy

doi:10.1037/e622422011-001

Cited by 1 publication

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“…66 Another, not necessarily incompatible, explanation of the mismatch between expectations and reality is that people underestimate the price elasticity of demand for carbon-intensive products (ie they underestimate how much a carbon tax can reduce the consumption of these products). 67 In the next section, I argue that motivated reasoning is an additional factor that contributes to maintainingor even increasingthe mismatch between the evidence and the perceived effectiveness of carbon taxes. I also argue that governments can use measures of implicit carbon pricing to overcome the motivated reasoning that hinders public support for explicit carbon pricing.…”

Section: Public Distrust In the Effectiveness Of Carbon Pricingmentioning

confidence: 99%

Motivated Reasoning and Implicit Carbon Prices: Overcoming Public Opposition to Carbon Taxes and Emissions Trading Schemes

Dominioni

2020

Eur. j. risk regul.

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Analysts agree that public opposition is one of the main factors that hinder ambition in many countries’ carbon pricing policy agenda. This article argues that motivated reasoning contributes to this opposition by inducing the public to underestimate the effectiveness of carbon pricing to mitigate climate change and yield co-benefits. This article also argues that measures of implicit carbon pricing can help overcome public opposition to carbon taxes and emissions trading schemes due to motivated reasoning. These measures are becoming increasingly available thanks to recent work by the International Monetary Fund, the Organisation for Economic Co-operation and Development and private-sector actors, and therefore they offer a potential instrument for reducing public opposition to carbon taxes and emissions trading schemes in various countries. A strength of the approach proposed in this article – compared to some of the mainstream approaches to risk regulation – is that it tries is to keep the regulation of climate risks in line with public attitudes towards these risks.

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Section: Public Distrust In the Effectiveness Of Carbon Pricingmentioning

confidence: 99%

Motivated Reasoning and Implicit Carbon Prices: Overcoming Public Opposition to Carbon Taxes and Emissions Trading Schemes

Dominioni

2020

Eur. j. risk regul.

View full text Add to dashboard Cite

show abstract

Scents of Belonging

Cited by 1 publication

References 0 publications

Motivated Reasoning and Implicit Carbon Prices: Overcoming Public Opposition to Carbon Taxes and Emissions Trading Schemes

Motivated Reasoning and Implicit Carbon Prices: Overcoming Public Opposition to Carbon Taxes and Emissions Trading Schemes

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