How Green are Economists?

19 Pages Posted: 27 Jun 2016

See all articles by Stefano Carattini

Stefano Carattini

Yale University - Yale School of Forestry & Environmental Science; London School of Economics & Political Science (LSE) - Grantham Research Institute on Climate Change and the Environment

Alessandro Tavoni

University of Bologna; London School of Economics & Political Science (LSE)

Date Written: May 27, 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.

Keywords: Voluntary Carbon Offsetting, Public Goods, Ecological Economics, Environmental Economics

JEL Classification: D6, H8, Q4

Suggested Citation

Carattini, Stefano and Tavoni, Alessandro, How Green are Economists? (May 27, 2016). FEEM Working Paper No. 43.2016, Available at SSRN: https://ssrn.com/abstract=2800966 or http://dx.doi.org/10.2139/ssrn.2800966

Stefano Carattini (Contact Author)

Yale University - Yale School of Forestry & Environmental Science ( email )

New Haven, CT 06520
United States

HOME PAGE: http://environment.yale.edu/profile/stefano-carattini/

London School of Economics & Political Science (LSE) - Grantham Research Institute on Climate Change and the Environment ( email )

Houghton Street
London, WC2A 2AE
Great Britain

HOME PAGE: http://www.lse.ac.uk/GranthamInstitute/profile/stefano-carattini/

Alessandro Tavoni

University of Bologna ( email )

Bologna
Italy
0512098485 (Phone)
40100 (Fax)

London School of Economics & Political Science (LSE) ( email )

Houghton Street
London, WC2A 2AE
United Kingdom

HOME PAGE: http://www2.lse.ac.uk/GranthamInstitute/whosWho/Staff/AlessandroTavoni.aspx

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