Who pays to avoid climate change, and how much does it cost?

Climate change economics predominantly frames climate policy as an inter-generational problem, which requires current generations to sacrifice their own material well-being for the future, and makes environmental outcomes dependent on ethical, economic, and geo-physical considerations. In this lecture, Professor Armon Rezai will review the assumption and arguments underlying Utilitarian cost-benefit analysis and present mechanisms of avoiding the climate sacrifice. Refocusing the climate debate in this manner emphasizes conflicts within rather than between generations.

Tags: Armon Rezai, climate, climate change, environment, ESRC, public lecture