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Public Acceptance and Willingness to Pay for Carbon Capture and Utilisation Products

Author

Listed:
  • Tryfonas Pieri

    (Department of Chemical Sciences, School of Applied Sciences, University of Huddersfield, Huddersfield HD1 3DH, UK)

  • Alexandros Nikitas

    (Huddersfield Business School, University of Huddersfield, Huddersfield HD1 3DH, UK)

  • Athanasios Angelis-Dimakis

    (Department of Chemical Sciences, School of Applied Sciences, University of Huddersfield, Huddersfield HD1 3DH, UK)

Abstract

Although the significance of the social science agenda reflecting and affecting the carbon capture and utilisation (CCU) value chain has been acknowledged, there is still a scarcity of research about it. This work contributes in developing an understanding of public perceptions regarding the acceptance, use, and purchasing of carbon dioxide (CO 2 )-derived products through an online quantitative survey. Our research suggests the awareness and acceptance of such products are relatively high. Respondents were in favour of CO 2 -derived product promotion by policy makers and the industry, approved the funding of such schemes by government, and supported companies that use captured CO 2 in their products. The product category seems to influence the willingness of people to use and buy CO 2 -derived products, with our respondents being more willing to use CO 2 -derived fuels than food or beverages, showing a caution toward health-related risks. Respondents were also more willing to buy a CO 2 -derived product if it was cheaper or better for the environment. Male respondents were in general less willing to pay for CCU-based products, while people aged 25 to 29 were more positive toward them. We conclude that the public will be in favour of CCU-based products and willing to buy them if the involved stakeholders do their part in delivering a safe product at a comparable quality and price to existing ones. Better information provision can also support this cause.

Suggested Citation

  • Tryfonas Pieri & Alexandros Nikitas & Athanasios Angelis-Dimakis, 2023. "Public Acceptance and Willingness to Pay for Carbon Capture and Utilisation Products," Clean Technol., MDPI, vol. 5(1), pages 1-15, March.
    • Handle: RePEc:gam:jcltec:v:5:y:2023:i:1:p:22-450:d:1095378
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    References listed on IDEAS

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    3. Fisher, Robert J, 1993. "Social Desirability Bias and the Validity of Indirect Questioning," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 20(2), pages 303-315, September.
    4. Yang, Lin & Zhang, Xian & McAlinden, Karl J., 2016. "The effect of trust on people's acceptance of CCS (carbon capture and storage) technologies: Evidence from a survey in the People's Republic of China," Energy, Elsevier, vol. 96(C), pages 69-79.
    5. Arning, K. & Offermann-van Heek, J. & Linzenich, A. & Kaetelhoen, A. & Sternberg, A. & Bardow, A. & Ziefle, M., 2019. "Same or different? Insights on public perception and acceptance of carbon capture and storage or utilization in Germany," Energy Policy, Elsevier, vol. 125(C), pages 235-249.
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