Climate Change and Intergenerational Fairness: Reconciling Ethics and Economics
Prof. Richard B. Howarth, PhD
Dartmouth College
Tuesday, February 7, 2006
12:15am - 1:30pm
Mississippi Room
Coffman Memorial Union
Moral theories emphasize the importance of stabilizing the Earth's climate to protect
the rights or interests of future generations. Economic models, however, often discount
the future at a rate that implies that comparatively little weight is attached to the
benefits of climate change mitigation. This lecture will explore and seek to resolve the
tensions that exist between these two points of view, arguing that the use of high
discount rates is inappropriate in this context on both philosophical and empirical
grounds.
|