Objective:
- Understand whether and how energy price impact individuals’ support for climate policies
Case:
Methodology:
- Fixed effects Regression
- Robust: exclude COVID, different income bracket
Data Source
- Policy support: survey
- Gallup Poll Social Series survey
- Yale’s Climate Change in the American Mind dataset
- Gasoline price: Energy Information Administration
- GDP: US bureau of labor statistics
Findings:
- Gasoline prices is negatively correlated with the support for phasing out gasoline and diesel vehicles
- Individuals in the middle-income bracket are less likely to support phasing out gasoline and diesel cars related to low-income group (45000)
- People are less likely to agree that protection of the environment should be given priority at the risk of curbing economic growth as gasoline prices increases
Coding Reference: