Intergenerational and intragenerational equity in climate policy
Number | 3173 |
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Project manager | Snorre Kverndokk |
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Client | Norges forskningsråd |
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Client project no. | 204559 |
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Participants | Sverre A. C. Kittelsen Snorre Kverndokk Eric Nævdal |
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Period | 2011 - 2013 (ended) |
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Project description
While climate change has been recognized as a threat to the future by most scientists and politicians, there is still an ongoing debate on what to do about this. Researchers may not agree on the optimal emission reductions even if they would agree on the natural science background as well as the costs to abate greenhouse gas emissions. The reason is that optimal emission reductions to a large degree depend on equity issues, and how we discount future climate impacts is especially important. However, ethical issues have not been fully explored in economic models as greenhouse gas abatement not only affects the welfare distribution between present and future generations (impacts will be felt in the future, but the costs have to be taken today), but also the distribution within a generation such as between rich and poor countries. These two equity aspects turn out to be important in finding optimal emissions reductions, and they may work in different directions. This project focuses on the two aspects on equity in climate change policies, and will explore the implications on these aspects, both in theoretical models as well as with numerical examples using a CGE model. Note that while we focus on climate change as an example, the discussions in this project are relevant also for other environmental problems where impacts of pollution are felt in the future.
Publications
Scientific Journal
Author(s): | Title: | Year: | Reference: | Link: |
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Hoel, M, SAC Kittelsen and S Kverndokk | Correcting the climate externality: Pareto improvements across generations and regions | 2019 | Environmental and Resource Economics Vol 74(1), 449-472 | [PDF] [DOI] |
Kverndokk, S. | Climate Policies, Distributional Effects and Transfers Between Rich and Poor Countries | 2018 | International Review of Environmental and Resource Economics Vol 12(2-3), 129-176 | [PDF] [DOI] |
Eyckmans J., S. Fankhauser and S. Kverndokk | Development Aid and Climate Finance | 2016 | Environmental and Resource Economics Vol 63(2), 429-450 | [PDF] [DOI] |
Kverndokk, S., E. Nævdal and L. Nøstbakken | The Trade-off between Intra- and Intergenerational Equity in Climate Policy | 2014 | European Economic Review vol 69, 40-58 | [PDF] [DOI] |
CREE Working Paper
CREE is the Oslo Centre for Environmentally friendly Energy. Here you will only find the publications written by authors here at the Frisch Centre. A complete list is located at https://www.frisch.uio.no/prosjekter/cree/publications/CREE_working_papers/
Other publications