Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/142317
Authors: 
Carattini, Stefano
Tavoni, Alessandro
Year of Publication: 
2016
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 43.2016
Abstract: 
The market for voluntary carbon offsets has grown steadily in the last decade, yet it remains a very small niche. Most emissions from business travel are still not offset. This paper exploits a unique dataset examining the decision to purchase carbon offsets at two academic conferences in environmental and ecological economics. We find that having the conference expenses covered by one's institution increases the likelihood of offsetting, but practical and ethical reservations as well as personal characteristics and preferences also play an important role. We draw lessons from the effect of objections on the use of offsets and discuss the implications for practitioners and policy-makers. Based on our findings, we conclude that ecological and environmental economists should be more involved in the design and use of carbon offsets.
Subjects: 
Voluntary Carbon Offsetting
Public Goods
Ecological Economics
Environmental Economics
JEL: 
D6
H8
Q4
Document Type: 
Working Paper

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