Prof. Michael Greenstone on a new survey from the Energy Policy Institute at the University of Chicago (EPIC) and The Associated Press-NORC Center for Public Affairs Research.

The largest shares of Americans say they oppose the repeal of the Clean Power Plan and the withdrawal from the Paris climate agreement. The number of people who say they favor fracking more than doubles when presented with evidence that it will save them money on utility bills.

Sixty-one percent of Americans think climate change is a problem that the government needs to address, including 43 percent of Republicans and 80 percent of Democrats, according to a new survey from the Energy Policy Institute at the University of Chicago (EPIC) and The Associated Press-NORC Center for Public Affairs Research.

Those numbers are even higher when only those who believe in climate change are asked. Seven in 10 Republicans and nearly all Democrats who believe climate change is happening think the government needs to take action. When asked about key climate policy decisions, the largest shares of Americans say they oppose the repeal of the Clean Power Plan and the withdrawal from the Paris climate agreement.

While many Americans favor policies that would help the country lower emissions, questions on how much they would personally be willing to pay to confront climate change (in the form of a monthly fee on their electric bill) reveal great disparity. While half are unwilling to pay even one dollar, 18 percent are willing to pay at least $100 per month.

“These results put the polarized climate debate in sharp relief, but also point to the possibility of a path forward,” said Michael Greenstone, director of EPIC and the Milton Friedman Professor in Economics, the College, and Harris Public Policy at the University of Chicago. “Although half of households said they were unwilling to pay anything for a carbon policy in their monthly electricity bills, on average Americans would pay about $30 per month, as a meaningful share of households report that they are willing to pay a substantial amount. What is particularly striking is that it’s projected to cost less than $30 per person to pay for climate damages from the electricity sector. So, while the raw economics appears to be less and less of a problem, the open question is whether it is feasible to devise a robust climate policy that accommodates these very divergent viewpoints.”

Where Americans Stand on Energy and Climate: Infographic

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