Valuing Future Generations

Jason Scorse

Chapter Chapter 5 in What Environmentalists Need to Know About Economics, 2010, pp 41-49 from Palgrave Macmillan

Abstract: Abstract If valuing current generations and their environmental needs wasn’t difficult enough, policymakers also have to contend with how to value future generations. This is not an abstract issue; the biggest environmental issue of all, climate change, has huge implications for future generations (as well as current generations);1 so do other issues, such as the depletion of nonrenewable resources, the degradation of unique and irreplaceable ecosystems, nuclear waste disposal, and the hole in the ozone layer.

Keywords: Discount Rate; Future Generation; Private Rate; Environmental Investment; Nuclear Waste Disposal (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-11404-3_6

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DOI: 10.1057/9780230114043_6

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