Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/304951 
Title (translated): 
Estimation of the Willingness to Pay for CO2 Savings - A Discrete Choice Experiment
Year of Publication: 
2015
Citation: 
[Journal:] German Journal of Agricultural Economics (GJAE) [ISSN:] 2191-4028 [Volume:] 64 [Issue:] 2 [Year:] 2015 [Pages:] 63-75
Publisher: 
Deutscher Fachverlag, Frankfurt a. M.
Abstract (Translated): 
In this article the willingness to pay for different methods to save carbon dioxide emissions in northern Germany are examined by a Discrete Choice Experiment. The results of a latent-class estimation show, that the respondents could be disposed into four different classes. The membership to a certain class is mostly determined by the age and the common preferences for climate protection of the respondents. All respondents have the highest preference to save CO2 emissions by CO2-certificates, the lowest preferences exist for the carbon dioxide capture and storage method. The results vary between a willingness to pay for saving CO2 emissions of 644 €/t and a willingness to accept a certain method for a compensation of 161 €/t carbon dioxide.
Persistent Identifier of the first edition: 
Document Type: 
Article

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