Climate Change and Reversed Intergenerational Equity: the Problem of Costs Now, for Benefits Later

Climate Law ◽  
2020 ◽  
Vol 10 (3-4) ◽  
pp. 266-281
Author(s):  
Gareth Davies

Abstract Climate change is often seen as an issue of intergenerational equity—consumption now creates costs for future generations. However, radical mitigation now would reverse the problem, creating immediate costs for current generations, while the benefits would be primarily for future ones. This is a policy problem, as persuading those living now to bear the cost of changes whose benefits will mostly accrue after their deaths is politically difficult. The policy challenge is then how to temporally match costs to benefits, either by deferring mitigation costs, or by speeding up climatic benefits. Geoengineering may provide some help here, as it might enable climate change to be slowed more immediately, at a lower upfront cost, and allow a greater share of the mitigation and adaptation burden to be passed on to those in the future who will benefit most.

2019 ◽  
Vol 88 (2) ◽  
pp. 29-49 ◽  
Author(s):  
Dirk Heine ◽  
Willi Semmler ◽  
Mariana Mazzucato ◽  
João Paulo Braga ◽  
Michael Flaherty ◽  
...  

Summary: To finance the transition to low-carbon economies required to mitigate climate change, countries are increasingly using a combination of carbon pricing and green bonds. This paper studies the reasoning behind such policy mixes and the economic interaction effects that result from these different policy instruments. We model these interactions using an intertemporal model, related to Sachs (2015), which proposes a burden sharing between current and future generations. The issuance of green bonds helps to enable immediate investment in climate change mitigation and adaptation, and the bonds would be repaid by future generations in such a way that those who benefit from reduced future environmental damage share in the burden of financing mitigation efforts undertaken today. We examine the effects of combining green bonds and carbon pricing in a three-phase model. We are using a numerical solution procedure which allows for finite-horizon solutions and phase changes. We show that green bonds perform better when they are combined with carbon pricing. Our proposed policy option appears to be politically more feasible than a green transition based only on carbon pricing and is more prudent for debt sustainability than a green transition that relies overly on green bonds.


2015 ◽  
Vol 2 (1) ◽  
Author(s):  
Diane Williamson

AbstractWhile climate change involves spatial, epistemological, social, and temporal remoteness, each type of distance can be bridged with strategies unique to it that can be borrowed from analogous moral problems. Temporal, or intergenerational, distance may actually be a motivational resource if we look at our natural feelings of hope for the future of the world, via Kant’s theory of political history, and for our children. Kant’s theory of hope also provides some basis for including future generations in a theory of justice.


2021 ◽  
Author(s):  
Kostandin Nasto ◽  
Junada Sulillari

The aim of this study is to realize an analysis of public-private partnerships (PPPs) in Albania. Our focus will mainly be the PPPs in the energy sector. Public-private partnerships contracts have experienced a significant increase in the last decades in Albania. They have had a great impact on public finances of the country, this is why they have often been “attacked” for the negative impact that they might have on the actual and especially the future of the country. We will work to make a comparative analysis of the cost and benefits that Albania has had from signing these contracts. We will also work to analyze the management of these public-private partnerships during the pandemics, which will be helpful to reveal the possible difficulties that the government might have in managing them. Something that has inspired us to make a deeper analysis of them is related to the energy crises that the country has experienced in the last years. We want to “dig” deeper in order to see if these PPPs are really worth it or not. Is it worth or it brings a burden for the actual and future generations of Albania?


2020 ◽  
Vol 29 (8) ◽  
pp. 868-880
Author(s):  
Katharine Lee ◽  
Julie Barnett

Climate change poses a grave threat to future generations, yet relatively little research examines children’s understandings of the issue. This study examines the questions children ask about climate change – rather than their answers to adults’ questions – exploring whether their questions suggest they view climate change as psychologically proximal or distant. Children aged 10–12 from 14 UK schools took part in an online event, asking scientists questions in a ‘climate zone’. The questions were analysed using thematic analysis. The themes related to the nature and reality of climate change, its causes, impacts, and solutions. Participants seemed most exercised about the future impacts of and ways of ameliorating climate change, with some questions evoking science-fiction disaster imagery. The contents of participants’ questions elucidated the ways in which they position climate change as both a proximal and distant phenomenon.


2020 ◽  
Author(s):  
Nektarios Chrysoulakis ◽  
Zina Mitraka ◽  
Mattia Marconcini ◽  
David Ludlow ◽  
Zaheer Khan ◽  
...  

<p>Resilience has become an important necessity for cities, particularly in the face of climate change. Mitigation and adaptation actions that enhance the resilience of cities need to be based on a sound understanding and quantification of the drivers of urban transformation and settlement structures, human and urban vulnerability, and of local and global climate change. Copernicus, as the means for the establishment of a European capacity for Earth Observation (EO), is based on continuously evolving Core Services. A major challenge for the EO community is the innovative exploitation of the Copernicus products in dealing with urban sustainability towards increasing urban resilience. Due to the multidimensional nature of urban resilience, to meet this challenge, information from more than one Copernicus Core Services, namely the Land Monitoring Service (CLMS), the Atmosphere Monitoring Service (CAMS), the Climate Change Service (C3S) and the Emergency Management Service (EMS), is needed. Furthermore, to address urban resilience, the urban planning community needs spatially disaggregated environmental information at local (neighbourhood) scale. Such information, for all parameters needed, is not yet directly available from the Copernicus Core Services mentioned above, while several elements - data and products - from contemporary satellite missions consist valuable tools for retrieving urban environmental parameters at local scale. The H2020-Space project CURE (Copernicus for Urban Resilience in Europe) is a joint effort of 10 partners from 9 countries that synergistically exploits the above Copernicus Core Services to develop an umbrella cross-cutting application for urban resilience, consisting of individual cross-cutting applications for climate change adaptation/mitigation, energy and economy, as well as healthy cities and social environments, at several European cities. These cross-cutting applications cope with the required scale and granularity by also integrating or exploiting third-party data, in-situ observations and modelling. CURE uses DIAS (Data and Information Access Services) to develop a system capable of supporting operational applications and downstream services across Europe. The CURE system hosts the developed cross-cutting applications, enabling its incorporation into operational services in the future. CURE is expected to increase the value of Copernicus Core Services for future emerging applications in the domain of urban resilience, exploiting also the improved data quality, coverage and revisit times of the future satellite missions. Thus, CURE will lead to more efficient routine urban planning activities with obvious socioeconomic impact, as well as to more efficient resilience planning activities related to climate change mitigation and adaptation, resulting in improved thermal comfort and air quality, as well as in enhanced energy efficiency. Specific CURE outcomes could be integrated into the operational Copernicus service portfolio. The added value and benefit expected to emerge from CURE is related to transformed urban governance and quality of life, because it is expected to provide improved and integrated information to city administrators, hence effectively supporting strategies for resilience planning at local and city scales, towards the implementation of the Sustainable Development Goals and the New Urban Agenda for Europe.</p>


Author(s):  
Avner de Shalit

Prima facie one’s obligations to the nation and to future generations might clash because of the tension between the particular, the concrete, and the contemporary versus the universal, the abstract, and the future-oriented. However, the nation is and should be regarded as an intergenerational community; this mode of thinking, called here “thinking like a nation,” yields concrete obligations to the not yet born, based in current persons and their strong belief that the nation constitutes their self, a self that transcends into the future. According to the transgenerational theory which is based on the nation, depleting resources or creating severe climate change harms contemporaries who regard the transgenerational community of the nation as what constitutes their self. However, some reasons why one should be cautious about thinking like a nation, especially when this becomes a chauvinistic attitude, are noted.


Author(s):  
Samuel Scheffler

Many of us exhibit a form of temporal parochialism. We lack a rich set of evaluative resources for thinking about our relations to generations other than our own. Yet we are hardly indifferent to the fate of our successors, and issues like climate change that implicate our attitudes toward the future generate intense interest. Many philosophers writing about future generations focus on issues of moral responsibility, devoting special attention to the puzzles of “population ethics.” They seek to identify a suitable principle of beneficence to help resolve those puzzles. This chapter outlines a different approach. Rather than focusing solely on issues of moral responsibility, this book will investigate the question of how future generations feature in our practical and evaluative thought as a whole. The aim is to explore the evaluative commitments that may be latent in our existing attitudes, and so to enrich our thinking about future generations.


Author(s):  
Katharine Dow

This chapter examines how conceptions of the environment and the state of the natural world are implicated in people's ideas about parenthood, fertility, and future generations. It carries the theme of the stable environment out into the wider world by considering what it means to care about stabilizing the natural environment in the interest of future generations. It also discusses the importance of reproduction—in humans and other parts of the natural world—in caring for the environment and working to prevent climate change. The chapter analyzes the concerns that the people of Spey Bay had about humans putting ourselves at risk of endangerment by destroying our natural environments and becoming overreliant on technology to create children. Finally, it looks at the salience of nature and naturalness to how people in Spey Bay think about reproduction, ethics, the future, and the environment.


2012 ◽  
Vol 6 (3) ◽  
pp. 329-346
Author(s):  
Izak Johannes (Johan) van der Merwe

Abstract This article inhabits an interdisciplinary space between ecological economics and public theology. After the publication of the 2007 Stern report a debate ensued about the way the economic tool of time discounting is applied as a means to assess the cost of climate change. In this article, the debate is reviewed and the notions of intergenerational justice, sacrifice, stewardship and servant leadership in the Christian tradition are subsequently identified as valuable resources that are recognized by a growing number of philosophers, economists and business leaders, as being of benefit to the conversation on the present generation’s responsibilities to future generations. Time discounting is regarded in this article as a morally questionable economic method to weigh the costs of climate change.


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