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Equitable Cost-Benefit Analysis of Climate Change

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Efficiency and Equity of Climate Change Policy

Abstract

Greenhouse gas emissions and vulnerability to climate change show a strong negative correlation. This is the moral issue at the heart of the climate problem. However, little attention has been paid to this in the literature. See Banuri et al. (1996) for an overview. The literature on equity issues in climate change is largely confined to the distribution of emissions reduction targets. This literature takes the need to reduce greenhouse gas emissions for granted, and takes a parametric approach to the required reductions. On the other hand, the literature that tries to derive how much emissions abatement is desirable largely ducks the equity issue. This paper is an attempt to combine the two problems.

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Authors
  1. Richard S. J. Tol
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Editors and Affiliations

  1. University of Venice, Italy

    Carlo Carraro

  2. Fondazione Eni Enrico Mattei, Milan, Italy

    Carlo Carraro

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Tol, R.S.J. (2000). Equitable Cost-Benefit Analysis of Climate Change. In: Carraro, C. (eds) Efficiency and Equity of Climate Change Policy. Fondazione Eni Enrico Mattei (FEEM) Series on Economics, Energy and Environment, vol 15. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-9484-4_12

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  • DOI: https://doi.org/10.1007/978-94-015-9484-4_12

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-90-481-5439-5

  • Online ISBN: 978-94-015-9484-4

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