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Climate Change, Economic Analysis and Sustainable Development

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  • Emilio Padilla

Abstract

This paper discusses the limitations, omissions and value judgements of the application of conventional economic analysis in the evaluation of climate change mitigation policies. It is argued that these have biased the result of the assessment models towards the recommendation of less aggressive mitigation strategies. Consequently, this paper questions whether they provide appropriate policy recommendations. The unequal distribution of rights implicitly assumed in conventional economic analyses applied to climate change is questioned and an alternative approach considering a distribution of rights consistent with sustainable development is put forward. Finally, the points that an analysis consistent with sustainable development should take into account are presented.

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Bibliographic Info

Article provided by White Horse Press in its journal Environmental Values.

Volume (Year): 13 (2004)
Issue (Month): 4 (November)
Pages: 523-544

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Handle: RePEc:env:journl:ev13:ev1323

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Web page: http://www.erica.demon.co.uk

Related research

Keywords: Climate change; emissions control; evaluation of policies; future generations; institutional innovations; sustainable development;

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Cited by:
  1. Juan Antonio Duro Moreno & Emilio Padilla Rosa, . "Análisis De Los Factores Determinantes De Las Desigualdades Internacionales En Las Emisiones De Co2 Per Cápita Aplicando El Enfoque Distributivo: Una Metodología De Descomposición Por Factores De ," Working Papers 25-05 Classification-JEL , Instituto de Estudios Fiscales.

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