Robert M. La Follette School of Public Affairs

Willingness to Pay for Climate Policy: A Review of Estimates

The authors survey estimates of consumer willingness to pay for climate policy to (1) assess the validity of this explanation, (2) compare elicitation techniques, and (3) explore factors that might explain variation in willingness-to-pay estimates. They recalculated estimates on an equivalent basis across 27 studies and found a range of $22-$437 per household annually, with a median of $135.

Additional Info

  • Volume or issue no.: La Follette School Working Paper No. 2010-011
  • Author(s): Evan Johnson and Gregory Nemet