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Can Pigou at the Polls Stop Us Melting the Poles? / Soren T. Anderson, Ioana Marinescu, Boris Shor.
- Format:
- Book
- Author/Creator:
- Anderson, Soren T.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w26146.
- NBER working paper series no. w26146
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2019.
- Summary:
- Surveys show majority U.S. support for a carbon tax. Yet none has been adopted. Why? We study two failed carbon tax initiatives in Washington State in 2016 and 2018. Using a difference-in-differences approach, we show that Washington's real-world campaigns reduced support by 20 percentage points. Resistance to higher energy prices explains opposition to these policies in the average precinct, while ideology explains 90% of the variation in votes across precincts. Conservatives preferred the 2016 revenue-neutral policy, while liberals preferred the 2018 green-spending policy. Yet we forecast both initiatives would fail in other states, demonstrating that surveys are overly optimistic.
- Notes:
- Print version record
- August 2019.
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