Future generations and social justice
Most of the impacts of climate change will fall on future generations and the poor.
Equity and justice are therefore key issues underpinning international climate change policy. This programme explores the distributive consequences of climate change impacts and policies, both between and within generations. It also investigates the ethical foundations of economic models of climate policy.
More than 50 years of social discounting literature have not delivered satisfactory academic guidance to government practitioners. Users of the social opportunity cost (SOC) paradigm do not always appreciate that … read more »