Find in Library
Search millions of books, articles, and more
Indexed Open Access Databases
Public Acceptance and Willingness to Pay for Carbon Capture and Utilisation Products
oleh: Tryfonas Pieri, Alexandros Nikitas, Athanasios Angelis-Dimakis
| Format: | Article |
|---|---|
| Diterbitkan: | MDPI AG 2023-03-01 |
Deskripsi
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<sub>2</sub>)-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<sub>2</sub>-derived product promotion by policy makers and the industry, approved the funding of such schemes by government, and supported companies that use captured CO<sub>2</sub> in their products. The product category seems to influence the willingness of people to use and buy CO<sub>2</sub>-derived products, with our respondents being more willing to use CO<sub>2</sub>-derived fuels than food or beverages, showing a caution toward health-related risks. Respondents were also more willing to buy a CO<sub>2</sub>-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.