Most People Prefer Constant Carbon Costs Over Increasing Cost Schedules Even If Costs Are High

WashU affiliated authors: Michael M. Bechtel (Dept. of Political Science)

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.

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