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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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.
Journal Title/Title of Proceedings
Procedia Economics and Finance
Copyright © 2014 The Authors. Published by Elsevier B.V. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-ncnd/ 3.0/).