Climate Policy Under Intergenerational Discounting

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Climate Policy Under Intergenerational Discounting

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Author : Jonathan Orlando Zaddach
language : en
Publisher: Springer
Release Date : 2015-11-26

Climate Policy Under Intergenerational Discounting written by Jonathan Orlando Zaddach and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-11-26 with Political Science categories.

In this thesis, Orlando Zaddach applies a discounting scheme derived by Krysiak (2010) in the latest DICE model and presents its implications for optimal climate policy. Furthermore, he carries out a one-factor-at-a-time (OFAT) sensitivity analysis to check the discounting scheme for robustness. It turns out that the proposed discounting scheme fails in incorporating consumer sovereignty and intergenerational equity sufficiently.

Discounting And Intergenerational Equity

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Author : Paul R. Portney
language : en
Publisher: Routledge
Release Date : 2013-10-18

Discounting And Intergenerational Equity written by Paul R. Portney and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-18 with Business & Economics categories.

The full effects of decisions made today about many environmental policies -including climate change and nuclear waste- will not be felt for many years. For issues with long-term ramifications, analysts often employ discount rates to compare present and future costs and benefits. This is reasonable, and discounting has become a procedure that raises few objections. But are the methods appropriate for measuring costs and benefits for decisions that will have impacts 20 to 30 years from now the right ones to employ for a future that lies 200 to 300 years in the future? This landmark book argues that methods reasonable for measuring gains and losses for a generation into the future may not be appropriate when applied to a longer span of time. Paul Portney and John Weyant have assembled some of the world's foremost economists to reconsider the purpose, ethical implications, and application of discounting in light of recent research and current policy concerns. These experts note reasons why conventional calculations involved in discounting are undermined when considering costs and benefits in the distant future, including uncertainty about the values and preferences of future generations, and uncertainties about available technologies. Rather than simply disassemble current methodologies, the contributors examine innovations that will make discounting a more compelling tool for policy choices that influence the distant future. They discuss the combination of a high shout-term with a low long-term diescount rate, explore discounting according to more than one set of anticipated preferences for the future, and outline alternatives involving simultaneous consideration of valuation, discounting and political acceptability.

Discounting And Intergenerational Equity

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Author : Paul R. Portney
language : en
Publisher: Routledge
Release Date : 1999

Discounting And Intergenerational Equity written by Paul R. Portney and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.

The full effects of decisions made today about many environmental policies -including climate change and nuclear waste- will not be felt for many years. For issues with long-term ramifications, analysts often employ discount rates to compare present and future costs and benefits. This is reasonable, and discounting has become a procedure that raises few objections. But are the methods appropriate for measuring costs and benefits for decisions that will have impacts 20 to 30 years from now the right ones to employ for a future that lies 200 to 300 years in the future? This landmark book argues that methods reasonable for measuring gains and losses for a generation into the future may not be appropriate when applied to a longer span of time. Paul Portney and John Weyant have assembled some of the world's foremost economists to reconsider the purpose, ethical implications, and application of discounting in light of recent research and current policy concerns. These experts note reasons why conventional calculations involved in discounting are undermined when considering costs and benefits in the distant future, including uncertainty about the values and preferences of future generations, and uncertainties about available technologies. Rather than simply disassemble current methodologies, the contributors examine innovations that will make discounting a more compelling tool for policy choices that influence the distant future. They discuss the combination of a high shout-term with a low long-term diescount rate, explore discounting according to more than one set of anticipated preferences for the future, and outline alternatives involving simultaneous consideration of valuation, discounting and political acceptability.

Integrated Assessments Of Climate Change Policy

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Author : Ferenc L. Toth
language : en
Publisher:
Release Date : 1999

Integrated Assessments Of Climate Change Policy written by Ferenc L. Toth and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Climatic changes categories.

Discounting And Environmental Policy

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Author : Joel Scheraga
language : en
Publisher: Routledge
Release Date : 2018-04-27

Discounting And Environmental Policy written by Joel Scheraga and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-27 with Social Science categories.

This book was published in 2003.The "International Library of Environmental Economics and Policy" explores the influence of economics on the development of environmental and natural resource policy. In a series of 25 volumes, the most significant journal essays in key areas of contemporary environmental and resource policy are collected. Scholars who are recognized for their expertise and contribution to the literature in the various research areas serve as volume editors and write essays that provides the context for the collection. Volumes in the series reflect three broad strands of economic research including: natural and environmental resources; policy instruments and institutions; and methodology. The editors, in their introduction to each volume, provide a state-of-the-art overview of the topic and explain the influence and relevance of the collected papers on the development of policy. This reference series provides access to the economic literature that has shaped contemporary perspectives on land use analysis and policy.

Economics And Policy Issues In Climate Change

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Author : William D. Nordhaus
language : en
Publisher: Resources for the Future
Release Date : 1998

Economics And Policy Issues In Climate Change written by William D. Nordhaus and has been published by Resources for the Future this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Climatic changes categories.

Global climate change has emerged to become one of the most challenging and controversial policy issues. Ìn this volume a group of scholars e×amines economic and social aspects of the phenomenon including discounting and intergenerational equity, and the role of cost-benefit analysis.

Climate Change Consumption And Intergenerational Justice

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Author : Diprose, Kristina
language : en
Publisher: Bristol University Press
Release Date : 2019-08-01

Climate Change Consumption And Intergenerational Justice written by Diprose, Kristina and has been published by Bristol University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-01 with Science categories.

The United Nations 2030 Agenda for Sustainable Development makes climate change and responsible consumption key priorities for both industrialised and emerging economies. Moving beyond the Global North, this book uses innovative cross-national and cross-generational research with urban residents in China and Uganda, as well as the UK, to illuminate international debates about building sustainable societies and examine how different cultures think about past, present and future responsibility for climate change. The authors explore how far different nations see climate change as a domestic issue whilst looking at local explanatory and blame narratives to consider profound questions of justice, between those nations that are more and less responsible for, and vulnerable to, climate change.

Climate Change Justice And Future Generations

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Author : Edward A. Page
language : en
Publisher: Edward Elgar Publishing
Release Date : 2007-01-01

Climate Change Justice And Future Generations written by Edward A. Page and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-01-01 with Business & Economics categories.

Climate Change, Justice and Future Generations is a valuable contribution to the debate on both theoretical and applied justice in climate change, and it fills a manifest gap in the current literature. Marco Grasso, International Environmental Agreements Page effectively marries the issues raised by climate change science with analytical philosophy to provide a perspective on why or why not measures should be taken to reduce climate change and the risks/harm it poses for future generations. . . a valuable book for politicians and policy makers who seek to change the world and manage its climate. Antoinette M. Mannion, Electronic Green Journal We are badly in need of ways of understanding global problems that go beyond the current economic paradigms. Climate Change, Justice and Future Generations helps us with this task by effectively linking climate change with some important mainstream work on political justice. It should be a very useful book not just for the classroom and the academy, but also for the realm of policy. Stephen Gardiner, University of Washington, US The book begins with a detailed account of the science of climate change that is user friendly for non-scientists without sacrificing depth. . . Page s analysis is impressive in both its scope and execution, and has a relevance and potential appeal in a number of fields. Kerri Woods, Political Studies Review Climate Change, Justice and Future Generations is an authoritative, analytical and extremely scholarly integration of scientific and technical information, empirical data and modelling concerning global climate change and high-level normative analysis. Page convincingly and patiently lays out the argument, including the ways in which climate change challenges settled modes of ethical thought, despite it being one of the most, if not the, important ethical issues of the age. As a book on both theoretical and applied ethics it makes an important contribution to the field. John Barry, Queen s University Belfast, UK What the climate change policy called Contraction and Convergence has lacked until now is an authoritative theoretical grounding. Here Ed Page puts this right. In masterful fashion, he dissects the issues at stake in designing climate change policy, and leaves his readers in no doubt that there is a fair and effective alternative to rising tides. This is a book for students, researchers and for anyone with the feeling that business as usual is no longer an option. Andrew Dobson, University of Keele, UK Global climate change raises important questions of international and intergenerational justice. In this important new book the author places research on the origins and impacts of climate change within the broader context of distributive justice and sustainable development. He argues that a range of theories of distribution notably those grounded in ideals of equality, priority and sufficiency converge on the adoption of the ambitious global climate policy framework known as Contraction and Convergence . Climate Change, Justice and Future Generations will be of great interest to academics and students specialising in environmental ethics, politics and environmental sustainability. It will also be of general interest to those concerned with climate change and the environment.

On The Uses Of Benefit Cost Reasoning In Choosing Policy Toward Global Climate Change

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Author : David F. Bradford
language : en
Publisher:
Release Date : 1997

On The Uses Of Benefit Cost Reasoning In Choosing Policy Toward Global Climate Change written by David F. Bradford and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Economic policy categories.

In the debate about the correct discount rate to use in evaluating policy with regard to climate change, which covers the entire world and extends for centuries, the conditions for deploying benefit-cost analysis are often overlooked. Where (a) income distributional effects of policies are large and (b) one cannot take for granted compensating adjustment in other policy instruments affecting distribution, simple aggregation of gains and losses is unlikely to provide a convincing basis for action, as an ethical matter, or predictor of policy, as a political matter.

Discounting For Time And Risk In Energy Policy

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Author : Robert C. Lind
language : en
Publisher: Routledge
Release Date : 2013-10-18

Discounting For Time And Risk In Energy Policy written by Robert C. Lind and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-18 with Business & Economics categories.

This is a collection of theoretical papers, including contributions by Partha Dasgupta and three Nobel prize-winning economists: Kenneth Arrow, Amartya Sen, and Joseph Stiglitz. Originally published in 1982.