OxTalks will soon move to the new Halo platform and will become 'Oxford Events.' There will be a need for an OxTalks freeze. This was previously planned for Friday 14th November – a new date will be shared as soon as it is available (full details will be available on the Staff Gateway).
In the meantime, the OxTalks site will remain active and events will continue to be published.
If staff have any questions about the Oxford Events launch, please contact halo@digital.ox.ac.uk
We define the concept of the moral cost of carbon (MCC): the internal carbon price individuals implicitly apply to their consumption decisions. We argue that the MCC is a key metric for policy design. It reveals how much consumers are willing to sacrifice to address the carbon externality. We propose an artefactual experimental design to measure the distribution of the MCC among a target population. We find that the MCC is highly heterogeneous. It follows a bi-modal distribution where it is effectively zero for almost half of the sample. It is also malleable with respect to extrinsic incentives—carbon pricing crowds out the MCC, but only for consumers that are the least morally motivated.
