Would You Pay to Reduce Climate Change?

by Abigail Schantz

In the article “Actions and intentions to pay for climate change mitigation: Environmental concern and the role of economic factors,” Christian Dienes (2014) studies the correlation between individuals’ concern for the environment and their willingness to pay or act for change, and how these correlations are affected by financial circumstances. Dienes reviewed previous studies and used one survey to analyze his own results. He took the responses from the Life in Transition Survey (2010) by the European Bank for Reconstruction and Development and the World Bank. In this survey, which included 35 countries, 37% of respondents expressed intent to pay to reduce climate change and 11% were unsure, but 45% responded that they had the highest concern level (five out of five on the survey) for climate change. This showed a discrepancy between people who are deeply concerned with climate change and those willing to pay for improvements. Dienes took into account other variables such as age and gender in order to minimize bias. Continue reading