[skip to content]

JEL Classification:

Q51, Q52

Abstract

We investigate drivers of preferences for policies of climate change mitigation in the European Social Survey. We find that the share of individuals who agree on poten-tially balanced budget policies (taxing fossil fuels and subsidizing renewable energies) are much less than those agreeing only on the subsidies. Right-wing political orien-tation, low education and income are significantly and negatively correlated with the probability of being part of the tax-and-subsidy group, while, somewhat surprisingly, age and gender are not significant. We as well find evidence of a strong seasonal effect with a significantly higher share of support for the tax-and-subsidy policy when inter-views are run in the hottest months of the year. We discuss the implications of our findings in terms of politically feasible climate change policies.

Keywords:

climate change preferences, tax on fossil fuels, subsidies on renewables