This event is part of a four-day ESRC-funded conference on Climate Ethics and Climate Economics: How to Finance ‘Well Below 2°C’?
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.
Armon Rezai is associate professor in environmental economics at the Vienna University of Economics and Business (WU), researcher at the International Institute for Applied Systems Analysis (IIASA), and an external research affiliate at the Oxford Centre for the Analysis of Resource Rich Economies (Oxcarre) of Oxford University. He has published widely on macroeconomic topics, such as growth and distribution, and their application to environmental problems like climate change in economic journals as well as the popular press. Before joining his current department, he earned a doctorate in economics from The New School for Social Research and worked at the United Nations University’s World Institute for Development Economics Research in Helsinki.
Admission free, all welcome. Find out more and book online.
11 March 2021