Author: Janice C. WrightPublisher:
ISBN: 9781869310417
Category : Environmental auditing
Languages : en
Pages : 35
Book Description
Social Discounting and the Environment
Author: Janice C. WrightPublisher:
ISBN: 9781869310417
Category : Environmental auditing
Languages : en
Pages : 35
Book Description
Valuing Climate Damages
Author: National Academies of Sciences, Engineering, and MedicinePublisher: National Academies Press
ISBN: 0309454204
Category : Science
Languages : en
Pages : 281
Book Description
The social cost of carbon (SC-CO2) is an economic metric intended to provide a comprehensive estimate of the net damages - that is, the monetized value of the net impacts, both negative and positive - from the global climate change that results from a small (1-metric ton) increase in carbon-dioxide (CO2) emissions. Under Executive Orders regarding regulatory impact analysis and as required by a court ruling, the U.S. government has since 2008 used estimates of the SC-CO2 in federal rulemakings to value the costs and benefits associated with changes in CO2 emissions. In 2010, the Interagency Working Group on the Social Cost of Greenhouse Gases (IWG) developed a methodology for estimating the SC-CO2 across a range of assumptions about future socioeconomic and physical earth systems. Valuing Climate Changes examines potential approaches, along with their relative merits and challenges, for a comprehensive update to the current methodology. This publication also recommends near- and longer-term research priorities to ensure that the SC- CO2 estimates reflect the best available science.
Discounting and Intergenerational Equity
Author: Paul R. PortneyPublisher: Routledge
ISBN: 1135892016
Category : Business & Economics
Languages : en
Pages : 262
Book Description
The full effects of decisions made today about many environmental policies -including climate change and nuclear waste- will not be felt for many years. For issues with long-term ramifications, analysts often employ discount rates to compare present and future costs and benefits. This is reasonable, and discounting has become a procedure that raises few objections. But are the methods appropriate for measuring costs and benefits for decisions that will have impacts 20 to 30 years from now the right ones to employ for a future that lies 200 to 300 years in the future? This landmark book argues that methods reasonable for measuring gains and losses for a generation into the future may not be appropriate when applied to a longer span of time. Paul Portney and John Weyant have assembled some of the world's foremost economists to reconsider the purpose, ethical implications, and application of discounting in light of recent research and current policy concerns. These experts note reasons why conventional calculations involved in discounting are undermined when considering costs and benefits in the distant future, including uncertainty about the values and preferences of future generations, and uncertainties about available technologies. Rather than simply disassemble current methodologies, the contributors examine innovations that will make discounting a more compelling tool for policy choices that influence the distant future. They discuss the combination of a high shout-term with a low long-term diescount rate, explore discounting according to more than one set of anticipated preferences for the future, and outline alternatives involving simultaneous consideration of valuation, discounting and political acceptability.
Environmental Cost-Benefit Analysis: Social Discounting
Author: Šárka ŠtěpaníkováPublisher:
ISBN: 9783659283222
Category :
Languages : en
Pages : 0
Book Description
Discounting and Environmental Policy
Author: Joel ScheragaPublisher: Routledge
ISBN: 1351777181
Category : Social Science
Languages : en
Pages : 667
Book Description
This book was published in 2003.The "International Library of Environmental Economics and Policy" explores the influence of economics on the development of environmental and natural resource policy. In a series of 25 volumes, the most significant journal essays in key areas of contemporary environmental and resource policy are collected. Scholars who are recognized for their expertise and contribution to the literature in the various research areas serve as volume editors and write essays that provides the context for the collection. Volumes in the series reflect three broad strands of economic research including: natural and environmental resources; policy instruments and institutions; and methodology. The editors, in their introduction to each volume, provide a state-of-the-art overview of the topic and explain the influence and relevance of the collected papers on the development of policy. This reference series provides access to the economic literature that has shaped contemporary perspectives on land use analysis and policy.
Social Discounting of Clean Water and Environmental Sustainability
Author: Ashley Monique KatzPublisher:
ISBN:
Category : Generosity
Languages : en
Pages : 110
Book Description
The purpose of this study was to examine choice-making as it relates to providing a source of clean water to those at varying social distances. A discounting survey was completed by 65 participants asking them to choose between spending a specified about of money on plastic water bottles that have a 100% chance of harming the environment or spending $1000 on a water filtration system that has a 0% chance of harming the environment. Results indicated that as social distance increased, responding became more impulsive as evident by a steeper amount of discounting. For "Person #1", 27.69% of participants chose to spend money on plastic water bottles while for "Person #100", 53.8% of participants chose to spend money on plastic water bottles. The R2 calculated was 0.8633. Results also indicated that there was a positive correlation between frequency of behaving in sustainable ways and how much one valued the environment, as well as how concerned one was with the environment. Implications, strengths and limitations, and future research opportunities are discussed.
Social Discounting and the Cost of Public Funding in Practice
Author: Michael SpackmanPricing the Planet's Future
Author: Christian GollierPublisher: Princeton University Press
ISBN: 0691148767
Category : Business & Economics
Languages : en
Pages : 244
Book Description
Today, the judge, the citizen, the politician, and the entrepreneur are concerned with the sustainability of our development.
Can We Afford the Future?
Author: Doctor Frank AckermanPublisher: Zed Books Ltd.
ISBN: 1848134975
Category : Business & Economics
Languages : en
Pages : 135
Book Description
According to many scientists, climate change is a growing threat to life as we know it, requiring a large-scale, immediate response. According to many economists, climate change is a moderately important problem; the best policy is a slow, gradual start, to avoid spending too much. They can't both be right. In this book, Frank Ackerman offers a refreshing look at the economics of climate change, explaining how the arbitrary assumptions of conventional theories get in the way of understanding this urgent problem. The benefits of climate protection are vital but priceless, and hence often devalued in cost-benefit calculations. Preparation for the most predictable outcomes of global warming is less important than protection against the growing risk of catastrophic change; massive investment in new, low carbon technologies and industries should be thought of as life insurance for the planet. Ackerman makes an impassioned plea to construct a better economics, arguing that the solutions are affordable and the alternative is unthinkable. If we can't afford the future, what are we saving our money for? Can we Afford the Future? is part of The New Economics series, which uses the ideas behind a new, more human economics to provide a fresh way of looking at major contemporary issues.
Author: Michael Spackman