Experimental Design Details
I report here the transcription and translation of the treatment and control videos in English.
Treament video:
To fight climate change and avoid an ever-warming climate, we need an array of policies. Climate policies can transform the way we produce energy and reduce fuel consumption.
However, these policies also need to protect people’s jobs and incomes. Let’s have a closer look at two possible climate policies to mitigate the effects of climate change.
Let’s start with a policy that combines a tax on carbon emissions to reduce emissions and cash transfers to protect people’s purchasing power. With a carbon tax, all products that emit greenhouse gases would be taxed. For example, the price of gasoline would increase by 10 cents per litre. With a carbon tax, companies and people pay for the greenhouse gases they emit. This pushes them to reduce their emissions. To compensate people for the price increases, the revenues from the carbon tax would be redistributed to all households based on income.
Each adult would receive between 50 and 320 euros per year, proportionate to their income. Low-income households would generally benefit from a carbon tax combined with the aforementioned monetary supports. On the contrary, wealthy individuals would face a disadvantage as they would pay more due to their high fuel consumption. The second policy is a large program of public investment in green infrastructure, which would be financed by additional public spending. A green infrastructure program would bring about the transition in energy infrastructure needed to halt climate change.
In Italy, such a program could create 650,000 jobs in green sectors, such as public transportation, renewable power plants, building insulation, or sustainable agriculture, but 150,000 people could lose their jobs in the fossil fuel industry. Employment policies can be designed to support disadvantaged workers in the fossil fuel industry.
In general, the green transition comes with the potential to transform the economy into a safer world for future generations and reduce pollution. However, the energy transition comes with some costs. Climate policies can be designed to protect poor and middle-class households, as they can have more income with the carbon tax with cash transfers and more jobs with a green infrastructure program.
Control video:
To fight climate change and avoid an ever-warming climate, we need an array of policies. Climate policies can transform the way we produce energy and reduce fuel consumption.
Let’s start with a policy that combines a tax on carbon emissions to reduce CO2 emissions and cash transfers to protect people’s purchasing power. With a carbon tax, all products that emit greenhouse gases would be taxed. For example, the price of gasoline would increase by 10 cents per litre. With a carbon tax, companies and people pay for the greenhouse gases they emit. This pushes them to reduce their emissions.
The second policy is a large program of public investment in green infrastructure, which would be financed by additional public spending. A green infrastructure program would bring about the transition in energy infrastructure needed to halt climate change.
In Italy, this program could fund green industry sectors like public transportation, renewable energy, thermal insulation of buildings, or sustainable energy.
In general, the green transition comes with the potential to reduce pollution, making the world safer for future generations. Policies like the carbon tax and the sustainable infrastructure programme can be implemented to mitigate the harmful effects of climate change.