Skip to main content

Global Climate Justice

  • Chapter
  • First Online:
Governance & Climate Justice

Abstract

Based on the optimal temperatures for the agriculture, industry and service sectors productivity as well as climate projections of the year 2100 under the business as usual path per country, this chapter reveals for the very first time climate winners and losers around the world from now on until the year 2100. Overall and simply seen from a narrow-minded GDP perspective, the world will macroeconomically benefit more from climate change until 2100 than lose. Winning and losing from a warming earth is significantly positively correlated with the Paris COP 21 emissions country percentage of Greenhouse Gas (GHG) for ratification. The chapter concludes with introducing the climatorial imperative—advocating for the need for fairness in the distribution of the global earth benefits among nations based on Kant’s imperative to only engage in actions one wants to experience themselves being done to oneself. While the method to measure the gains from climate change can certainly be refined in future studies, the following research is meant as very first preliminary step to open a gate to find climate mitigation incentives from a welfare redistribution perspective.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 79.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 99.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Notes

  1. 1.

    http://cisdl.org/public/docs/news/brief_common.pdf

  2. 2.

    http://www.ghf-ge.org/human-impact-report.pdf

  3. 3.

    http://unfccc.int/resource/docs/2015/cop21/eng/10.pdf#page=30

  4. 4.

    https://www.cia.gov/library/publications/the-world-factbook/

  5. 5.

    http://agritech.tnau.ac.in/agriculture/agri_agrometeorology_temp.html

  6. 6.

    http://unfccc.int/resource/docs/2015/cop21/eng/10.pdf#page=30

  7. 7.

    http://catholicecology.net/blog/laudato-si-climate-common-good

  8. 8.

    http://www.businessinsider.com/map-shows-how-much-of-nyc-could-be-underwater-in-200-years-2015-7

  9. 9.

    https://www.icrc.org/en/war-and-law/treaties-customary-law/geneva-conventions

  10. 10.

    https://www.icrc.org/en/war-and-law/treaties-customary-law/geneva-conventions

  11. 11.

    http://cisdl.org/public/docs/news/brief_common.pdf

  12. 12.

    http://www.unep.org/documents.multilingual/default.asp?documentid=78&id=1163

  13. 13.

    http://dotearth.blogs.nytimes.com/2009/12/23/views-on-china-and-copenhagen/?_r=0

References

  • Allais, M. (1947). Economie et intĂ©rĂ©t. Paris: Imprimerie Nationale.

    Google Scholar 

  • Bauer, P. T. (1957). Economic analysis and policy in underdeveloped countries. Chapel Hill: Duke University Press.

    Google Scholar 

  • BĂĽrgenmeier, B. (1994). Environmental policy: Beyond the economic dimension. In B. BĂĽrgenmeier (Ed.), Economy, environment, and technology: A socio-economic approach (pp. 166–175). New York: Armonk Sharpe.

    Google Scholar 

  • Burke, M., Hsiang, S. M., & Miguel, E. (2015). Climate and conflict. Annual Review of Economics, 7, 577–617.

    Article  Google Scholar 

  • Centeno, M. A., Creager, A. N., Elga, A., Felton, E., Katz, St. N., Massey, W. A., et al. (2013). Global systemic risk: Proposal for a research community. Working paper. Princeton Institute for International and Regional Studies, Princeton University.

    Google Scholar 

  • Centeno, M. A., & Tham, A. (2012). The emergence of risk in the global system. Working paper. Princeton University.

    Google Scholar 

  • Chancel, L., & Piketty, T. (2015). Carbon and inequality: From Kyoto to Paris. Paris, France: Paris School of Economics.

    Google Scholar 

  • Downs, J. (2008). Discovery of Rosetta: The stone that unlocked the mysteries of ancient Egypt. London: Constable & Robinson.

    Google Scholar 

  • Ferreira, V. (2017). Climate induced migration: Legal challenges. In J. M. Puaschunder (Ed.), Intergenerational responsibility in the 21st century (pp. 107–121). Wilmington: Vernon.

    Google Scholar 

  • Flaherty, M., Gevorkyan, A., Radpour, S., & Semmler, W. (2016). Financing climate policies through climate bonds. New York: The Schwartz Center for Economic Policy Analysis. Unpublished Working paper #3. Forthcoming: Research in International Business and Finance.

    Google Scholar 

  • Harrod, R. F. (1948). Towards a dynamic economics. London: Macmillan.

    Google Scholar 

  • Kahneman, D., & Tversky, A. (1979). Prospect theory: An analysis of decision under risk. Econometrica, 47(2), 263–291.

    Article  Google Scholar 

  • Kant, I. (1785/1993). Grounding for the metaphysics of morals. Cambridge: Hackett.

    Google Scholar 

  • Klaassen, G. A. J., & Opschoor, J. B. (1991). Economics of sustainability or the sustainability of economics: Different paradigms. Ecological Economics, 4, 93–115.

    Article  Google Scholar 

  • Marron, D. B., & Morris, A. C. (2016). How to use carbon tax revenues. Washington, DC: Tax Policy Center Urban Institute & Brookings Institution.

    Book  Google Scholar 

  • Nordhaus, W. D. (1994). Mapping the global commons: The economics of climate change. Cambridge, MA: MIT Press.

    Google Scholar 

  • Nordhaus, W. D. (2008). A question of balance: Weighting the options on global warming. New Haven: Yale University Press.

    Google Scholar 

  • Oppenheimer, M., O’Neill, B. C., Webster, M., & Agrawal, S. (2011). Climate change: The limits of consensus. Science, 317(5844), 1505–1506.

    Article  Google Scholar 

  • Pope Francis. (2015). Encyclical Letter Laudato Si of the Holy Father Francis on care for our common home. Retrieved from http://w2.vatican.va/content/dam/francesco/pdf/encyclicals/documents/papa-francesco_20150524_enciclica-laudato-si_en.pdf

  • Puaschunder, J. M. (2016a). Intergenerational climate change burden sharing: An economics of climate stability research agenda proposal. Global Journal of Management and Business Research: Economics and Commerce, 16(3), 31–38.

    Google Scholar 

  • Puaschunder, J. M. (2016b). Mapping climate justice. In Proceedings of the 2016 Young Scientists Summer Program Conference, International Institute for Applied Systems Analysis (IIASA), Laxenburg, Austria.

    Google Scholar 

  • Puaschunder, J. M. (2016c). On eternal equity in the fin-de-millĂ©naire: Rethinking capitalism for intergenerational justice. Journal of Leadership, Accountability and Ethics, 13(2), 11–24.

    Google Scholar 

  • Puaschunder, J. M. (2016d). The call for global responsible intergenerational leadership in the corporate world: The quest for an integration of intergenerational equity in contemporary Corporate Social Responsibility (CSR) models. In D. Jamali (Ed.), Comparative perspectives in global corporate social responsibility (pp. 275–288). Hershey: IGI Global Advances in Business Strategy and Competitive Advantage Book Series.

    Google Scholar 

  • Puaschunder, J. M. (2017). Macroeconomic approach towards climate justice: The fair distribution of climate change gains and losses in the United States, Europe and the World. Retrieved from https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2939007

  • Ramsey, F. P. (1928). A mathematical theory of saving. Economic Journal, 38(152), 543–559.

    Article  Google Scholar 

  • Rawls, J. (1971). A theory of justice. Cambridge, MA: Harvard University Press.

    Book  Google Scholar 

  • Rovenskaya, E. (2008). Optimal economic growth under stochastic environmental impact: Sensitivity analysis. International Institute for Applied Systems Analysis Interim Report. Laxenburg, Austria, January.

    Google Scholar 

  • Russell, J. A. (1957). Industrial operations under extremes of weather (Meteorological Monographs). American Meteorological Society.

    Google Scholar 

  • Sachs, J. D. (2014). Climate change and intergenerational well-being. In L. Bernard & W. Semmler (Eds.), The Oxford handbook of the macroeconomics of global warming (pp. 248–259). Oxford: Oxford University Press.

    Google Scholar 

  • Somanathan, E., Somanathan, R., Sudarshan, A., & Tewari, M. (2014). The impact of temperature on productivity and labor supply: Evidence from Indian manufacturing. Discussion Paper in Economics 14–10. Indian Statistical Institute, Economics and Planning Unit.

    Google Scholar 

  • The World Bank. (2015). Green bonds attract private sector climate finance, World Bank Brief.

    Google Scholar 

  • The World Economic Forum Report. (2015). Davos, Switzerland: World Economic Forum.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

Copyright information

© 2020 The Author(s)

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Puaschunder, J. (2020). Global Climate Justice. In: Governance & Climate Justice. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-63281-0_5

Download citation

Publish with us

Policies and ethics