 An Overview of the IssuesChapter 1 in Economic Models of Climate Change, 2003, pp 1-15 from Palgrave Macmillan Abstract: Abstract The responsibility of the present to the future is an abiding concern in human affairs. Much of our best effort is devoted to the upbringing of children, and they exercise a primary claim on our love and affection. The care, socialization, and education of the young is by far the largest “investment project” undertaken by any society. We work and build for the future, and strive to leave behind tangible legacies even beyond what we bequeath to our offspring. The onset of anthropogenic climate change challenges our link to the future in a very direct way — actions that are taken (or not taken) today will have an impact, possibly a decisive impact, on the condition of the natural world that will be inherited by those who follow us. While this is not a uniquely new “policy problem” (many of the great social and political issues have to do with matters affecting succeeding generations), climate change threatens human well-being across very long time spans in ways that are historically unprecedented. Keywords: General Equilibrium; Climate Policy; General Equilibrium Model; Neoclassical Economic; General Equilibrium Theory (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50946-7_1 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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