Title: Climate change, rights of future generations and intergenerational equity: an in-expert exploration of a dark and cloudy path
Authors: Irving Mintzer, David Michel
Addresses: Pacific Institute for Studies in Development, Environment and Security, 9514 Garwood Street, Silver Spring, MD 20901, USA. Johns Hopkins School of Advanced International Studies, 1619 Massachusetts, Ave NW, Washington, DC 20036, USA
Abstract: This paper stresses that the impacts of climate change would be distributed unevenly over future generations in a yet unknown way. It also discusses the limitations of mainstream economics to deal with issues of intergenerational equity, noting the possibilities of different ways to select an appropriate discount rate. Given these limitations, great care must be applied in using tools from economics on the problems considered. The paper looks into ways that international law defines intergenerational equity and considers the application of Weiss| three basic principles conservation of options, conservation of quality, and conservation of access, to the implementation of a system of ||planetary rights||. Finally, five different operational models are applied to ethical consideration of the concept of common, but differentiated responsibilities - utilitarian, realist (power relations), equitable commons, fiduciary trust, and earthrights.
Keywords: climate change; intergenerational equity; discount rate; ethics.
International Journal of Global Environmental Issues, 2001 Vol.1 No.2, pp.203-222
Published online: 18 Aug 2003 *Full-text access for editors Access for subscribers Purchase this article Comment on this article