A behavioural economics analysis of the impact of information and knowledge on CO2 capture and storage acceptance in the European Union

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Abstract

The paper analyses the impact that European Union citizens’ access to information on climate change has on their awareness of carbon capture and storage (CCS), perceived risks and benefits of using CCS and stated choice of preferred CCS options. We use a Eurobarometer dataset about awareness/acceptance of CCS and run structural equation models (SEM) for twelve EU countries with an average sample size of 1,100 observations per country. Results between the different countries are comparable and, alongside other determinants, access to information sources will significantly impact CCS awareness, perceived risk and benefits of CCS and preferences towards options of CCS.
Original languageEnglish
Pages (from-to)605 - 614
Number of pages10
JournalProcedia Economics and Finance
Volume14
DOIs
Publication statusFirst published - 2014

Bibliographical note

1023354

Keywords

  • Behavioural economics
  • CO2 capture and storage
  • EU citizens’ CCS acceptance
  • Information and knowledge
  • Structural equation models

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