Speaker
Description
Preliminary abstract: "There is substantial variation in investments in renewable energy infrastructure across European countries. This paper examines country-level variables to explain differences in the willingness to accept investments in renewable energy plants. Using survey data and a discrete choice experiment encompassing 13,879 observations from 30 European countries, we analyze whether cultural factors, such as individualism and long-term orientation, as well as variables measuring a country’s environmental performance and climate change risks, influence respondents’ willingness to accept an investment offer. Our findings reveal that respondents in individualistic countries demand higher profits from investment options. Conversely, respondents from countries with a long-term orientation and high environmental performance are more likely to accept lower profits. Notably, we find that individuals’ pro-environmental motivation mediates the relationship between country-level variables and investment willingness. For example, respondents in individualistic countries with low pro-environmental motivation demand higher profits for renewable energy projects than those in less individualistic countries with similar motivation levels."
| Status Group | Postdoctoral Researcher |
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