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Climate Wealth of Nations

Julia M. Puaschunder ()
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Julia M. Puaschunder: The New School

No 06JP, Working papers from Research Association for Interdisciplinary Studies

Abstract: A 3-dimensional climate justice approach introduces to share the benefits and burden of climate change in an economically efficient, legally equitable and practically feasible way around the globe. Climate justice within a country pays tribute to low and high-income households carrying the same burden proportional to their dispensable income through consumption tax, progressive carbon taxation and a corporate inheritance tax. Climate change burden sharing between countries ensures those countries benefiting more from a warmer environment bear higher responsibility regarding climate change mitigation and adaptation. Climate justice over time is proposed by an innovative bonds climate change burden sharing strategy (Puaschunder, 2018, forthcoming).

Keywords: Adaptation; Climate Bonds; Climate Justice; Climate Wealth of Nations; Climate Finance; Fairness; Inheritance Tax; Intergenerational Responsibility; International Law; Mitigation; Progressive Tax (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene and nep-env
Date: 2018-11
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Published in Proceedings of the 11th International RAIS Conference on Social Sciences and Humanities, November 19-20, 2018, pages 39-44

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