Climate Change and the Threat of Disaster
The Moral Case for Taking Out Insurance at Our Grandchildren's Expense
Bibliographic Data
| ID | 6345866 |
|---|---|
| Authors | Monica Rendall (0000-0002-8610-6361, University of Nottingham, corresponding author), Matthew Rendall (University of Nottingham) |
| Year | 2011 |
| Volume | 59 |
| Issue | 4 |
| Pages | 884-899 |
| Publication date | 2011-12-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Political Studies (JOURNAL) |
| Journal identifiers | ISSN: 0032-3217 • E-ISSN: 1467-9248 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1111/j.1467-9248.2010.00877.x |
| OpenAlex | W1951156537 |
| Language | EN |
| Citations received | 5 |
| References cited | 63 |
Is drastic action against global warming essential to avoid impoverishing our descendants? Or does it mean robbing the poor to give to the rich? We do not yet know. Yet most of us can agree on the importance of minimising expected deprivation. Because of the vast number of future generations, if there is any significant risk of catastrophe, this implies drastic and expensive carbon abatement unless we discount the future. I argue that we should not discount. Instead, the rich countries should stump up the funds to support abatement both for themselves and the poor states of the world. Yet to ask the present generation to assume all the costs of drastic mitigation.is unfair. Worse still, it is politically unrealistic. We can square the circle by shifting part of the burden to our descendants. Even if we divert investment from other parts of the economy or increase public debt, future people should be richer, so long as we avert catastrophe. If so, it is fair for them to assume much of the cost of abatement. What we must not do is to expose them to the threat of disaster by not doing enough
Action (physics · Business · Climate change · Damages · Debt · Development economics · Economics · Global warming · Investment (military · Natural disaster · Natural resource economics · Political science · Climate Change and Geoengineering · Climate Change Policy and Economics · Finance · Global Energy and Sustainability Research · Law
Climate Change 1995: Economic and Social Dimensions of Climate Change
A Perfect Moral Storm
A Review of the Stern Review on the Economics of Climate Change
Discounting climate change
Enough for the Future
Luck Egalitarianism and Prioritarianism
A Theory of Justice
Equality as a Moral Ideal
Equality, Priority, and Compassion
Equality and Respect
Why Sufficiency Is Not Enough
Catastrophe
Risk Analysis and Society
A Theory of Intergenerational Justice
A Question of Balance
The Burden of Debt
On Modeling and Interpreting the Economics of Catastrophic Climate Change
Greenhouse Economics
Fallacies of risk
Non-identity, Sufficiency and Exploitation
Sufficiency
A Core Precautionary Principle
Equality and Priority
Anti-cosmopolitanism, pluralism and the cosmopolitan harm principle
How to Make a Burden of the Public Debt
Counting the Cost of Global Warming
Long-Run Implications of Alternative Fiscal Policies and the Burden of the National Debt
Are generational savings unjust
Discounting the future, yet again
Subsistence Emissions and Luxury Emissions
Human rights, climate change, and discounting
Seeking fair weather
| Citations per year | 0.42 |
|---|---|
| Citation span | 2014 - 2025 (12) |
| Highly cited | No |