Save the planet - just not on my dime

Consumers are clamoring for everyone from governments to corporations to green up their act - everyone, that is, except themselves.

By Steve Hargreaves, CNNMoney.com staff writer

NEW YORK (CNNMoney.com) -- Everyone wants to be green. But when it comes to ponying up the cash, parting with the green can be a bit more difficult.

A number of recent studies suggest consumers - ever pressuring corporations to clean up and recently kicking out a Republican-controlled Congress seen as less than enthusiastic on the environment - are not willing to pay extra for green products.

In a nationwide telephone poll, the consumer behavior research firm America's Research Group found that while 43 percent of shoppers say protecting the environment is important, only 18 percent said they were willing to pay extra for an environmentally sound product.

The same poll also said only a quarter of shoppers were willing to pay 5 cents extra per grocery bag to cover recycling costs.

In England, a recent survey by MORI Research said only 10 percent of flyers were willing to tack on an extra $3 to an airline ticket to offset the carbon used during the trip, usually accomplished through a tree-planting program.

"You listen to people talk about concern for greenhouse gases and they say 'it's important, but I'll let someone else pay for it,'" said Britt Beemer, chairman of America's Research Group.

Now two polls don't necessarily make a trend, and it's easy to point to a number of green products that have gained in popularity.

Take organic food. According to the Organic Trade Association, sales have gone from under $4 billion in 1997 to nearly $14 billion in 2005, despite the fact that organic food generally costs more.

And Japanese automakers are burying their Detroit counterparts when it comes to sales growth, partly because their cars are seen as more fuel efficient.

But both these products offer benefits that go beyond simply saving the environment - there's the health factor with eating organic and saving money at the pump with a car that gets better gas mileage.

This leads some to suggest that what's needed to benefit the planet isn't individual sacrifice per say, but rather macroeconomic incentives to encourage better products to begin with.

"There is only so much an individual can do," said Liz Hitchcock, a spokeswoman for U.S. Public Interest Research group. "The solutions are economy wide."

Tim Sanchez, spokesman for the Center for a New American Dream, said people may be willing to pay more for things if they simply knew more about what products were available.

"A lot of people don't want to take the time to figure out how to do this," said Sanchez, whose center happens to provide a Web site offering help with just this kind of thing. "Americans lead very busy lives, they just need the tools."

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.