Posts tagged with ‘Armon Rezai’

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.

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