Optimal Climate Policy and the Future of World Economic Development

How much should the present generations sacrifice to reduce emissions today, in order to reduce the future harms of climate change? Within climate economics, debate on this question has been focused on so-called “ethical parameters” of social time preference and inequality aversion. We show that opt...

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Bibliographic Details
Main Authors: Budolfson, Mark, Dennig, Francis, Fleurbaey, Marc, Scovronick, Noah, Siebert, Asher, Spears, Dean, Wagner, Fabian
Format: Journal Article
Published: Published by Oxford University Press on behalf of the World Bank 2020
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Online Access:http://hdl.handle.net/10986/34287

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