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Volumn , Issue , 2010, Pages 1-220

Climate change justice

(2)  Posner, Eric A a   Weisbach, David a  

a NONE

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EID: 84890669966     PISSN: None     EISSN: None     Source Type: Book    
DOI: None     Document Type: Book
Times cited : (293)

References (205)
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    • There are few book-length treatments of the ethical issues connected to climate change
    • For recent and thoughtful treatments of the issue, see
    • There are few book-length treatments of the ethical issues connected to climate change. For recent and thoughtful treatments of the issue, see Steve Vanderheiden, Atmospheric Justice (2008);
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    • The reports by the International Panel on Climate Change contain discussions of ethical issues in a variety of places, most prominently in its Working Group III report, pages 142-47.
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    • we cite some of this and other work in later chapters but we do not aim to be comprehensive
    • we cite some of this and other work in later chapters but we do not aim to be comprehensive.
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    • Jonathan Wiener has made a similar point in a series of articles and books. See Jonathan Wiener and Richard Stewart, Reconstructing Climate Policy: Beyond Kyoto (2003);
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    • World Resources Institute, Climate Analysis Indicator Tools (CAIT), available at http://cait.wri.org. Total GHG Emissions in 2000 with land use change (most recent land use data available).
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    • Except where specifically stated otherwise, all of the emissions data in this chapter are from the World Resources Institute, Climate Analysis Indicator Tool, available at www.cait.wri.org (accessed February 2009).
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    • Many others make similar claims. See, e.g., Ross Garnaut, The Garnaut Climate Change Review 197 (2008).
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    • Similar arguments apply to carbon offsets
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    • Our account of the Kyoto Protocol and its reception follows Cass R. Sunstein, Of Montreal and Kyoto: A Tale of Two Protocols, 31 Harvard Environmental Law Review 1 (2007).
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    • Proposal for a Directive of the European Parliament and of the Council amending Directive 2003/87/EC so as to improve and extend the greenhouse gas emission allowance trading system of the Community 7 (2008), available at http://ec.europa.eu/environment/climat/emission/pdf/com_2008_16_en.pdf.
    • (2008) , pp. 7
  • 86
    • 34548071124 scopus 로고    scopus 로고
    • Climate Change and International Human Rights Litigation: A Critical Appraisal
    • For a critical discussion of this and related lawsuits, see
    • For a critical discussion of this and related lawsuits, see Eric A. Posner, Climate Change and International Human Rights Litigation: A Critical Appraisal, 155 University of Pennsylvania Law Review 1925 (2007);
    • (2007) University of Pennsylvania Law Review , vol.155 , pp. 1925
    • Posner, E.A.1
  • 87
    • 53449094271 scopus 로고    scopus 로고
    • The Judicial Carbon Tax: Reconstructing Public Nuisance and Climate Change
    • for a more optimistic assessment, see
    • for a more optimistic assessment, see Jonathan Zasloff, The Judicial Carbon Tax: Reconstructing Public Nuisance and Climate Change, 55 UCLA Law Review 1827 (2008).
    • (2008) UCLA Law Review , vol.55 , pp. 1827
    • Zasloff, J.1
  • 88
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    • American Electric Power Company, Inc
    • An important case decided just as this book went to press held that the political question doctrine does not apply to climate suits, WL 2996729 (2nd Cir., 2009
    • An important case decided just as this book went to press held that the political question doctrine does not apply to climate suits. See Connecticut V. American Electric Power Company, Inc., 2009 WL 2996729 (2nd Cir., 2009).
    • (2009)
    • Connecticut, V.1
  • 89
    • 84924079449 scopus 로고    scopus 로고
    • The Estimated Costs to Households From the Cap-and-Trade Provisions of H.R. 2454
    • Congressional Budget Office, June 19
    • Congressional Budget Office, The Estimated Costs to Households From the Cap-and-Trade Provisions of H.R. 2454, Congressional Budget Office (June 19, 2009), http://energycommerce.house.gov/Press_111/20090620/cbowaxman markey.pdf.
    • (2009) Congressional Budget Office
  • 90
    • 84890728730 scopus 로고    scopus 로고
    • International Climate Efforts Beyond 2012: A Survey of Approaches
    • See the various proposals by Brazil and other developing countries, collected in
    • See the various proposals by Brazil and other developing countries, collected in Daniel Bodansky, International Climate Efforts Beyond 2012: A Survey of Approaches, Pew Center on Global Climate Change (2000).
    • (2000) Pew Center on Global Climate Change
    • Bodansky, D.1
  • 91
    • 2942519305 scopus 로고    scopus 로고
    • Common But Differentiated Responsibilities in International Law
    • For a critical discussion of such claims, see
    • For a critical discussion of such claims, see Christopher Stone, Common But Differentiated Responsibilities in International Law, 98 American Journal of International Law 276 (2004).
    • (2004) American Journal of International Law , vol.98 , pp. 276
    • Stone, C.1
  • 92
    • 84890729827 scopus 로고    scopus 로고
    • Not all of the Annex I countries are wealthy, although most countries subject to significant restrictions under the Kyoto Protocol are
    • Not all of the Annex I countries are wealthy, although most countries subject to significant restrictions under the Kyoto Protocol are.
  • 93
    • 0344341827 scopus 로고    scopus 로고
    • One World: The Ethics of Globalization
    • Peter Singer, One World: The Ethics of Globalization 40 (2002);
    • (2002) , pp. 40
    • Singer, P.1
  • 94
    • 49549097796 scopus 로고    scopus 로고
    • Atmospheric Justice: A Political Theory of Climate Change
    • see also
    • see also Steve Vanderheiden, Atmospheric Justice: A Political Theory of Climate Change 78 (2008).
    • (2008) , pp. 78
    • Vanderheiden, S.1
  • 95
    • 0004284603 scopus 로고
    • Economics of the Public Sector
    • See, e.g
    • See, e.g., Joseph E. Stiglitz, Economics of the Public Sector 55, 92 (1986).
    • (1986) , vol.55 , pp. 92
    • Stiglitz, J.E.1
  • 96
    • 84890778174 scopus 로고    scopus 로고
    • What Makes Greenhouse Sense
    • Foreign Affairs (May/June
    • Thomas Schelling, What Makes Greenhouse Sense, Foreign Affairs (May/June 2002).
    • (2002)
    • Schelling, T.1
  • 97
    • 0002661989 scopus 로고
    • The Design of the Tax Structure-Direct versus Indirect Taxation
    • See Anthony Atkinson and Joseph Stiglitz, The Design of the Tax Structure-Direct versus Indirect Taxation, 6 Journal of Public Economics 55 (1976).
    • (1976) Journal of Public Economics , vol.6 , pp. 55
    • Atkinson, A.1    Stiglitz, J.2
  • 98
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    • Who Should Abate Carbon Emissions?: An International Viewpoint
    • Others have argued that this point does not carry through to the climate setting. See
    • Others have argued that this point does not carry through to the climate setting. See Graciela Chichilnisky and Geoffrey Heal, Who Should Abate Carbon Emissions?: An International Viewpoint, 44 Economic Letters 443 (1994).
    • (1994) Economic Letters , vol.44 , pp. 443
    • Chichilnisky, G.1    Heal, G.2
  • 99
    • 33748998019 scopus 로고    scopus 로고
    • The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good
    • William Easterly, The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good (2006).
    • (2006)
    • Easterly, W.1
  • 100
    • 69649097412 scopus 로고    scopus 로고
    • On Modeling and Interpreting the Economics of Catastrophic Climate Change
    • Martin Weitzman, On Modeling and Interpreting the Economics of Catastrophic Climate Change, 91 Review of Economics and Statistics 1 (2009).
    • (2009) Review of Economics and Statistics , vol.91 , pp. 1
    • Weitzman, M.1
  • 101
    • 57449097706 scopus 로고    scopus 로고
    • A Question of Balance
    • William Nordhaus, A Question of Balance 159 (2008).
    • (2008) , vol.159
    • Nordhaus, W.1
  • 102
    • 33947520937 scopus 로고    scopus 로고
    • Common but Differentiated Commitments: A Practical Approach to Engaging Large Developing Emitters Under L20
    • available at
    • See, e.g., Jiahua Pan, Common but Differentiated Commitments: A Practical Approach to Engaging Large Developing Emitters Under L20 (2004), available at http://www.l20.org/publications/6_5c_climate_pan1.pdf;
    • (2004)
    • Pan, J.1
  • 103
    • 0344341827 scopus 로고    scopus 로고
    • One World: The Ethics of Globalization
    • Peter Singer, One World: The Ethics of Globalization (2002);
    • (2002)
    • Singer, P.1
  • 104
    • 49549097796 scopus 로고    scopus 로고
    • Atmospheric Justice: A Political Theory of Climate Change
    • Steve Vanderheiden, Atmospheric Justice: A Political Theory of Climate Change (2008).
    • (2008)
    • Vanderheiden, S.1
  • 105
    • 84892001684 scopus 로고    scopus 로고
    • Acts of God or Toxic Torts? Applying Tort Principles to the Problem of Climate Change
    • We do not address whether there are legal challenges, specifically tort challenges, to greenhouse gas emissions. There is an extensive literature on this topic. See, e.g.
    • We do not address whether there are legal challenges, specifically tort challenges, to greenhouse gas emissions. There is an extensive literature on this topic. See, e.g., Eduardo M. Penalver, Acts of God or Toxic Torts? Applying Tort Principles to the Problem of Climate Change, 38 Natural Resources Journal 563 (1998)
    • (1998) Natural Resources Journal , vol.38
    • Penalver, E.M.1
  • 106
    • 1942514200 scopus 로고    scopus 로고
    • Warming Up to a Not-So-Radical Idea: Tort-Based Climate Change Litigation
    • David A. Grossman, Warming Up to a Not-So-Radical Idea: Tort-Based Climate Change Litigation, 28 Columbia Journal of Environmental Law 1 (2003)
    • (2003) Columbia Journal of Environmental Law , vol.28
    • Grossman, D.A.1
  • 107
    • 34548082283 scopus 로고    scopus 로고
    • Negligence in the Air: The Duty of Care in Climate Change Litigation
    • David Hunter and James Salzman, Negligence in the Air: The Duty of Care in Climate Change Litigation, 155 University of Pennsylvania Law Review 1741 (2007).
    • (2007) University of Pennsylvania Law Review , vol.155 , pp. 1741
    • Hunter, D.1    Salzman, J.2
  • 108
    • 34548071124 scopus 로고    scopus 로고
    • Climate Change and International Human Rights Litigation: A Critical Appraisal
    • For a discussion of the possibility of tort claims brought under the Alien Tort Statute, see, However, the tort claim and the moral claim are overlapping
    • For a discussion of the possibility of tort claims brought under the Alien Tort Statute, see Eric A. Posner, Climate Change and International Human Rights Litigation: A Critical Appraisal, 155 University of Pennsylvania Law Review 1925 (2007). However, the tort claim and the moral claim are overlapping.
    • (2007) University of Pennsylvania Law Review , vol.155 , pp. 1925
    • Posner, E.A.1
  • 109
    • 84890581187 scopus 로고    scopus 로고
    • Calculated from 1950, excluding land use change and excluding greenhouse gases other than carbon dioxide
    • Calculated from 1950, excluding land use change and excluding greenhouse gases other than carbon dioxide.
  • 110
    • 0942278828 scopus 로고    scopus 로고
    • Collective Sanctions
    • See, e.g., Daryl J. Levinson, Collective Sanctions, 56 Stanford Law Review 345 (2003)
    • (2003) Stanford Law Review , vol.56 , pp. 345
    • Levinson, D.J.1
  • 111
    • 34047252038 scopus 로고    scopus 로고
    • Punishing the Innocent along with the Guilty: The Economics of Individual versus Group Punishment
    • Thomas Miceli and Kathleen Segerson, Punishing the Innocent along with the Guilty: The Economics of Individual versus Group Punishment, 36 Journal of Legal Studies 81 (2007).
    • (2007) Journal of Legal Studies , vol.36
    • Miceli, T.1    Segerson, K.2
  • 112
    • 84861616009 scopus 로고    scopus 로고
    • Fairness Versus Welfare
    • Louis Kaplow and Steven Shavell, Fairness Versus Welfare 12 (2005).
    • (2005) , pp. 12
    • Kaplow, L.1    Shavell, S.2
  • 113
    • 84890716082 scopus 로고    scopus 로고
    • For this reason, corrective justice claims will not be appealing to welfarists, who tend to think that corrective justice is relevant, if at all, because it serves as a proxy for what welfarism requires. We tend to think that welfarists are generally correct here but bracket that point and the associated complexities for purposes of discussion
    • For this reason, corrective justice claims will not be appealing to welfarists, who tend to think that corrective justice is relevant, if at all, because it serves as a proxy for what welfarism requires. We tend to think that welfarists are generally correct here but bracket that point and the associated complexities for purposes of discussion.
  • 114
    • 34548119870 scopus 로고    scopus 로고
    • Basic Compensation for Victims of Climate Change
    • See, e.g., Daniel A. Farber, Basic Compensation for Victims of Climate Change, 155 University of Pennsylvania Law Review 1605, 1641 (2007).
    • (2007) University of Pennsylvania Law Review , vol.155 , Issue.1605 , pp. 1641
    • Farber, D.A.1
  • 115
    • 84890637211 scopus 로고    scopus 로고
    • U.S. Census Bureau, 2008 Populatiton Estimates, T6-2008, available at
    • U.S. Census Bureau, 2008 Populatiton Estimates, T6-2008, available at factfinder.census.gov.
  • 117
    • 84890643455 scopus 로고    scopus 로고
    • The Inheritance-Based Claim to Reparations
    • Stephen Kershnar, The Inheritance-Based Claim to Reparations, 8 Legal Theory 243, 266 (2002)
    • (2002) Legal Theory , vol.8 , Issue.243 , pp. 266
    • Kershnar, S.1
  • 118
    • 0038336257 scopus 로고    scopus 로고
    • Reparations for Slavery and Other Historical Injustices
    • (describing and criticizing these arguments). These arguments are often analogized to unjust enrichment arguments. See
    • (describing and criticizing these arguments). These arguments are often analogized to unjust enrichment arguments. See Eric A. Posner and Adrian Vermeule, Reparations for Slavery and Other Historical Injustices, 103 Columbia Law Review 689, 698 (2003).
    • (2003) Columbia Law Review , vol.103 , Issue.689 , pp. 698
    • Posner, E.A.1    Vermeule, A.2
  • 119
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    • Sharing Responsibility
    • In recent years, some philosophers have challenged traditional criticisms of collective responsibility, but these philosophers tend to ground collective responsibility in individual failures to act when action was possible and likely to be effective, and when the person in question knew or should have known that she could have prevented the harm. See, e.g.
    • In recent years, some philosophers have challenged traditional criticisms of collective responsibility, but these philosophers tend to ground collective responsibility in individual failures to act when action was possible and likely to be effective, and when the person in question knew or should have known that she could have prevented the harm. See, e.g., Larry May, Sharing Responsibility 1 (1992)
    • (1992) , pp. 1
    • May, L.1
  • 120
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    • Corporations, Crime and Accountability
    • cf. Brent Fisse and John Braithwaite, Corporations, Crime and Accountability 50 (1993)
    • (1993) , pp. 50
    • Fisse, B.1    Braithwaite, J.2
  • 121
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    • Complicity: Ethics and Law for a Collective Age
    • Christopher Kutz, Complicity: Ethics and Law for a Collective Age 166 (2000)
    • (2000) , pp. 166
    • Kutz, C.1
  • 122
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    • Responsibility for Collective Inaction
    • Fall, These arguments do not carry over to the greenhouse gas case
    • David Copp, Responsibility for Collective Inaction, Journal of Social Philosophy 71 (Fall 1991). These arguments do not carry over to the greenhouse gas case.
    • (1991) Journal of Social Philosophy , pp. 71
    • Copp, D.1
  • 123
    • 84890648820 scopus 로고    scopus 로고
    • We might also think that Americans of, say, the last decade or two can be held responsible for their greenhouse gas emissions; because most of them are alive today, they might be considered obliged to provide a remedy
    • We might also think that Americans of, say, the last decade or two can be held responsible for their greenhouse gas emissions; because most of them are alive today, they might be considered obliged to provide a remedy.
  • 124
    • 84933491532 scopus 로고
    • Justice Improved: The Unrecognized Benefits of Aggregation and Sampling in the Trial of Mass Torts
    • Michael Saks and Peter Blanck, Justice Improved: The Unrecognized Benefits of Aggregation and Sampling in the Trial of Mass Torts, 44 Stanford Law Review 815 (1992).
    • (1992) Stanford Law Review , vol.44 , pp. 815
    • Saks, M.1    Blanck, P.2
  • 125
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    • Loss, Agency, and Responsibility for Outcomes: Three Conceptions of Corrective Justice
    • Ken Cooper-Stephenson and Elaine Gibson, eds.
    • Stephen R. Perry, Loss, Agency, and Responsibility for Outcomes: Three Conceptions of Corrective Justice, in Tort Theory 24 (Ken Cooper-Stephenson and Elaine Gibson, eds., 1993).
    • (1993) Tort Theory , pp. 24
    • Perry, S.R.1
  • 126
    • 34548073878 scopus 로고    scopus 로고
    • Corrective Justice and Liability for Global Warming
    • Matthew D. Adler, Corrective Justice and Liability for Global Warming, 155 University of Pennsylvania Law Review 1859 (2007).
    • (2007) University of Pennsylvania Law Review , vol.155 , pp. 1859
    • Adler, M.D.1
  • 127
    • 84890624402 scopus 로고    scopus 로고
    • One commentator suggests 1990 as a date for when emitting activities could have become negligent. See Pan, supra n.1, at 3-7. We put to one side the following questions: What if a consensus did not exist, but many experts believed that climate change was likely and that if it occurred, the damages would be massive? How should negligence be analyzed if there were (say) a 30 percent chance of enormous harm? In principle, the benefit-cost test might find negligence in such circumstances (if the discounted harm exceeded the cost of precautions)
    • One commentator suggests 1990 as a date for when emitting activities could have become negligent. See Pan, supra n.1, at 3-7. We put to one side the following questions: What if a consensus did not exist, but many experts believed that climate change was likely and that if it occurred, the damages would be massive? How should negligence be analyzed if there were (say) a 30 percent chance of enormous harm? In principle, the benefit-cost test might find negligence in such circumstances (if the discounted harm exceeded the cost of precautions).
  • 128
    • 58849131754 scopus 로고    scopus 로고
    • A Question of Balance
    • See William Nordhaus, A Question of Balance (2008).
    • (2008)
    • Nordhaus, W.1
  • 129
    • 2342515659 scopus 로고    scopus 로고
    • Reconstructing Climate Policy: Beyond Kyoto
    • A vigorous argument in favor of such engagement can be found in
    • A vigorous argument in favor of such engagement can be found in Richard Stewart and Jonathan Wiener, Reconstructing Climate Policy: Beyond Kyoto 49-53 (2003).
    • (2003) , pp. 49-53
    • Stewart, R.1    Wiener, J.2
  • 130
    • 84890717695 scopus 로고    scopus 로고
    • Reparations As Rough Justice
    • John M. Olin Law and Economics Working Paper No. 260
    • Cf. Adrian Vermeule, Reparations As Rough Justice 15, University of Chicago Law School, John M. Olin Law and Economics Working Paper No. 260
    • University of Chicago Law School , vol.15
    • Vermeule, A.1
  • 131
    • 84890659089 scopus 로고    scopus 로고
    • University of Chicago Law School, Public Law and Legal Theory Working Paper No. 105), available at, explaining that rough justice might be the best justification for reparations
    • University of Chicago Law School, Public Law and Legal Theory Working Paper No. 105), available at http://www.law.uchicago.edu/law-pdf/law-econ/260.pdf (explaining that rough justice might be the best justification for reparations).
  • 132
    • 0007346627 scopus 로고    scopus 로고
    • The Multiculturalism of Fear
    • Levy argues that such people should feel shame about national failures, and not exactly that they have any moral obligations. However, the latter view seems to reflect many people's intuitions
    • Cf. Jacob T. Levy, The Multiculturalism of Fear 242 (2000). Levy argues that such people should feel shame about national failures, and not exactly that they have any moral obligations. However, the latter view seems to reflect many people's intuitions.
    • (2000) , pp. 242
    • Levy, J.T.1
  • 133
    • 84890608321 scopus 로고    scopus 로고
    • National Development and Reform Commission, People's Republic of China, China's National Climate Change Programme
    • The number of authors arguing for this approach is large. For a small sampling, see, e.g., June
    • The number of authors arguing for this approach is large. For a small sampling, see, e.g., National Development and Reform Commission, People's Republic of China, China's National Climate Change Programme 58 (June 2007)
    • (2007) , pp. 58
  • 134
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    • Global Warming in an Unequal World: A Case of Environmental Colonialism
    • Anil Agarwal and S. Narain, Global Warming in an Unequal World: A Case of Environmental Colonialism (1991)
    • (1991)
    • Agarwal, A.1    Narain, S.2
  • 135
    • 0344044169 scopus 로고    scopus 로고
    • Dead Heat: Global Justice and Global Warming
    • Tom Athanasiou and Paul Baer, Dead Heat: Global Justice and Global Warming (2002)
    • (2002)
    • Athanasiou, T.1    Baer, P.2
  • 136
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    • National Trajectories of Carbon Emissions; Analysis of Proposals to Foster the Transition to Low-Carbon Economies
    • Ann Kizig and Daniel Kammen, National Trajectories of Carbon Emissions; Analysis of Proposals to Foster the Transition to Low-Carbon Economies, 8 Global Environmental Change 183 (1998)
    • (1998) Global Environmental Change , vol.8 , pp. 183
    • Kizig, A.1    Kammen, D.2
  • 137
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    • Permit Trading and Stability of International Climate Agreements
    • Juan-Carlos Altamirano-Cabrera and Michael Finus, Permit Trading and Stability of International Climate Agreements, 9 Journal of Applied Economics 19 (2006)
    • (2006) Journal of Applied Economics , vol.9 , pp. 19
    • Altamirano-Cabrera, J.-C.1    Finus, M.2
  • 138
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    • Wealth, Responsibility, and Equity: Exploring an Allocation Framework for Global GHG Emissions
    • A. D. Sagar, Wealth, Responsibility, and Equity: Exploring an Allocation Framework for Global GHG Emissions, 45 Climatic Change 511 (2000)
    • (2000) Climatic Change , vol.45 , pp. 511
    • Sagar, A.D.1
  • 139
    • 0344341827 scopus 로고    scopus 로고
    • One World: The Ethics of Globalization
    • Peter Singer, One World: The Ethics of Globalization 35 (2002)
    • (2002) , pp. 35
    • Singer, P.1
  • 140
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    • The Ethics of International Emissions Trading
    • Luiz Pinguelli-Rosa and Mohan Munasinghe, eds.
    • Hermann E. Ott and Wolfgang Sachs, The Ethics of International Emissions Trading, in Ethics, Equity, and International Negotiations on Climate Change 159 (Luiz Pinguelli-Rosa and Mohan Munasinghe, eds., 2002)
    • (2002) Ethics, Equity, and International Negotiations on Climate Change , pp. 159
    • Ott, H.E.1    Sachs, W.2
  • 141
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    • Equal Per Capita Entitlements: A Key to Global Participation on Climate Change?
    • Kevin A. Baumert, ed.
    • Malik Amin Aslam, Equal Per Capita Entitlements: A Key to Global Participation on Climate Change? in Building on the Kyoto Protocol: Options for Protecting the Climate 127 (Kevin A. Baumert, ed., 2002)
    • (2002) Building on the Kyoto Protocol: Options for Protecting the Climate , pp. 127
    • Aslam, M.A.1
  • 142
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    • American Heat: Ethical Problems with the United States' Response to Global Warming
    • Donald Brown, American Heat: Ethical Problems with the United States' Response to Global Warming 214 (2002).
    • (2002) , pp. 214
    • Brown, D.1
  • 143
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    • Sharing the Burden, in Confronting Climate Change: Risks, Implications and Responses
    • Irving M. Mintzer, ed.
    • Michael Grubb, et al., Sharing the Burden, in Confronting Climate Change: Risks, Implications and Responses 270 (Irving M. Mintzer, ed., 1992).
    • (1992) , pp. 270
    • Grubb, M.1
  • 144
    • 84890633463 scopus 로고    scopus 로고
    • The Law of the Sea Convention provides that such resources be divided "equitably"; however, that term has multiple meanings and is left undefined. See United Nations Convention on the Law of the Sea, Art. 140
    • The Law of the Sea Convention provides that such resources be divided "equitably"; however, that term has multiple meanings and is left undefined. See United Nations Convention on the Law of the Sea, Art. 140.
  • 145
    • 84890637643 scopus 로고    scopus 로고
    • Under the status quo approach, the United States would be allocated about 20 percent of the permits. Under a per capita approach, the United States would be allocated about 5 percent of the permits (the U.S. share of the global population). Assuming that the price of a permit is $25 per metric ton of CO2 (the current price in the EU market) and enough permits are supplied to permit the output rate of 30 billion metric tons per year (roughly the current global rate), then moving from the status quo approach (6 billion tons) to the per capita approach (1.5 billion tons) would cost the United States about $112.5 billion per year. These are back-of-the-envelope calculations intended to give a rough sense of the magnitude involved, and should be taken with many grains of salt
    • Under the status quo approach, the United States would be allocated about 20 percent of the permits. Under a per capita approach, the United States would be allocated about 5 percent of the permits (the U.S. share of the global population). Assuming that the price of a permit is $25 per metric ton of CO2 (the current price in the EU market) and enough permits are supplied to permit the output rate of 30 billion metric tons per year (roughly the current global rate), then moving from the status quo approach (6 billion tons) to the per capita approach (1.5 billion tons) would cost the United States about $112.5 billion per year. These are back-of-the-envelope calculations intended to give a rough sense of the magnitude involved, and should be taken with many grains of salt.
  • 146
    • 84890735216 scopus 로고    scopus 로고
    • The number may be too high because nations can reduce their per capita emissions and hence, the net outflow. On the other hand, if per capita emissions increase, say because of economic development, the number will be too high
    • The number may be too high because nations can reduce their per capita emissions and hence, the net outflow. On the other hand, if per capita emissions increase, say because of economic development, the number will be too high.
  • 147
    • 48249090731 scopus 로고    scopus 로고
    • The Garnaut Climate Change Review
    • The Garnaut Climate Change Review supports this approach and cites numerous governments and international commissions that do so as well. See
    • The Garnaut Climate Change Review supports this approach and cites numerous governments and international commissions that do so as well. See Ross Garnaut, The Garnaut Climate Change Review 203 (2008).
    • (2008) , pp. 203
    • Garnaut, R.1
  • 148
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    • Luxury Fever
    • We put to one side some prominent puzzles about the relationship between happiness and income. See
    • We put to one side some prominent puzzles about the relationship between happiness and income. See Robert Frank, Luxury Fever (1992)
    • (1992)
    • Frank, R.1
  • 149
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    • Happiness
    • Richard Layard, Happiness (2004).
    • (2004)
    • Layard, R.1
  • 150
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    • New Foundations for Cost-Benefit Analysis
    • Matthew Adler and Eric A. Posner, New Foundations for Cost-Benefit Analysis (2005).
    • (2005)
    • Adler, M.1    Posner, E.A.2
  • 151
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    • An Economic Analysis of Legal Transitions
    • These effects are addressed in the law and economics literature on legal transitions. See
    • These effects are addressed in the law and economics literature on legal transitions. See, e.g., Louis Kaplow, An Economic Analysis of Legal Transitions, 99 Harvard Law Review 509 (1986).
    • (1986) Harvard Law Review , vol.99 , pp. 509
    • Kaplow, L.1
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    • Allocation and Uncertainty: Strategic Responses to Environmental Grandfathering
    • This literature focuses on domestic law, where it is clearer than in the international context that a government that adopts certain policies or practices toward legal transitions-compensating or grandfathering those injured by the transition, for example-will affect the incentives of people to anticipate legal change. We extend this argument to the international setting; there is no reason to think that the differences in settings should affect the analysis. The transitions literature ignores what we have called "ex post efficiency," instead assuming that whatever legal change is introduced is dictated by efficiency. The environmental literature, by contrast, focuses on ex post efficiency (for example, the choice between permits systems and taxes) and generally although not always ignores ex ante issues. For a discussion, see, unpublished manuscript
    • This literature focuses on domestic law, where it is clearer than in the international context that a government that adopts certain policies or practices toward legal transitions-compensating or grandfathering those injured by the transition, for example-will affect the incentives of people to anticipate legal change. We extend this argument to the international setting; there is no reason to think that the differences in settings should affect the analysis. The transitions literature ignores what we have called "ex post efficiency," instead assuming that whatever legal change is introduced is dictated by efficiency. The environmental literature, by contrast, focuses on ex post efficiency (for example, the choice between permits systems and taxes) and generally although not always ignores ex ante issues. For a discussion, see Jonathan R. Nash, Allocation and Uncertainty: Strategic Responses to Environmental Grandfathering, unpublished manuscript 18-22 (2008).
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    • In fact, development economists have gone so far as to identify a "resource curse": countries with valuable natural resources often do worse than those that lack them. See
    • In fact, development economists have gone so far as to identify a "resource curse": countries with valuable natural resources often do worse than those that lack them. See Richard M. Auty, Sustaining Development in Mineral Economies: The Resource Curse Thesis (1993).
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    • Dollar, D.1    Levin, V.2
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    • Hence, the scholarly support for banking systems under which any future climate treaty would reward states that make abatements efforts prior to treaty ratification. See, e.g.
    • Hence, the scholarly support for banking systems under which any future climate treaty would reward states that make abatements efforts prior to treaty ratification. See, e.g., Ann P. Kinzig and Daniel M. Kammen, Natio Trajectories of Carbon Emissions: Analysis of Proposals to Foster the Transition to Low-Carbon Economies, 8 Global Environment Change 183 (1998).
    • (1998) Global Environment Change , vol.8 , pp. 183
    • Kinzig, A.P.1    Kammen, D.M.2
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    • UN Human Rights Council, Report of the Working Group on the Right to Development on its Eighth Session, UN Doc. A/HRC/4/47, 19 (2007).
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    • These acknowledgments can be found, in vague terms, in such documents as UN General Assembly, Declaration of the Right to Development, Res. 41/28 (1986), and UN General Assembly, Vienna Declaration and Programme of Action, A/CONF.157/23 (1993)
    • These acknowledgments can be found, in vague terms, in such documents as UN General Assembly, Declaration of the Right to Development, Res. 41/28 (1986), and UN General Assembly, Vienna Declaration and Programme of Action, A/CONF.157/23 (1993).
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    • On such agreements in general, see
    • On such agreements in general, see Cass R. Sunstein, Legal Reasoning and Political Conflict (1996).
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    • The best evidence for this proposition is the pattern of foreign aid. Poor countries, understandably, do not provide foreign aid, but middle-income countries also do not seem to feel that they have a responsibility to help people living in poorer countries. Rich countries provide foreign aid but are not generous, and scholars have shown that much (but not all) foreign aid can be traced to specific strategic interests. See, e.g.
    • The best evidence for this proposition is the pattern of foreign aid. Poor countries, understandably, do not provide foreign aid, but middle-income countries also do not seem to feel that they have a responsibility to help people living in poorer countries. Rich countries provide foreign aid but are not generous, and scholars have shown that much (but not all) foreign aid can be traced to specific strategic interests. See, e.g., Alberto Alesina and David Dollar, Who Gives Foreign Aid to Whom and Why? 5 Journal of Economic Growth 33, 55-6 (2000).
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    • See OECD statistics, available at
    • See OECD statistics, available at http://www.oecd.org/dataoecd/42/30/40039096.gif.
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    • For a sophisticated demonstration of this problem, see Juan-Carlos Altamirano-Cabrera and Michael Finus, Permit Trading and Stability of International Climate Agreements, 9 Journal of Applied Economics 19 (2006).
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    • They argue that equitable schemes are more likely to be unstable than "pragmatic" schemes that take account of relative economic power
    • They argue that equitable schemes are more likely to be unstable than "pragmatic" schemes that take account of relative economic power.
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    • The literature is vast. Articles are collected in
    • The literature is vast. Articles are collected in Discounting for Time and Risk in Energy Policy (1982)
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    • The discount rate used in the Stern Review generated a number of comments. For a sample, see
    • The discount rate used in the Stern Review generated a number of comments. For a sample, see Martin Weitzman, A Review of the Stern Review, 45 Journal of Economic Literature 703 (2007)
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    • Working Group II: Impacts Adaptation, and Vulnerability, IPCC Fourth Assessment Report 823, Climate Change 2007.
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    • This number is in the ballpark of current figures. See, (listing a figure of $6.1 million)
    • This number is in the ballpark of current figures. See Cass R. Sunstein, Valuing Life: A Plea for Disaggregation, 54 Duke Law Journal 385 (2004) (listing a figure of $6.1 million).
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    • This is not to say that the issues are not important. Because small changes in the discount rate can have large effects on project valuation, it is very important to get these issues right. They are, however, not central to our discussion
    • This is not to say that the issues are not important. Because small changes in the discount rate can have large effects on project valuation, it is very important to get these issues right. They are, however, not central to our discussion.
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    • Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate
    • Martin L. Weitzman, Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate, 36 Journal of Environmental Economics and Management 201 (1998).
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    • Resources for the Future Discussion Paper. Washington, DC: Resources for the Future
    • Thomas Sterner and U. Martin Persson, An Even Sterner Review: Introducing Relative Prices into the Discounting Debate, Resources for the Future Discussion Paper. Washington, DC: Resources for the Future (2007).
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    • The Economics of Climate Change
    • For summaries of this approach to discounting, see
    • For summaries of this approach to discounting, see Nicholas Stern, The Economics of Climate Change (2007)
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    • The Economics of Climate Change. Although the use of this functional form has a long history in public economics, it remains a specialized assumption
    • This simplification is simply astonishing. Stern, for example, severely criticizes the positivists for requiring all kinds of specialized assumptions for the private rate of return to equal the social rate of return, but then imposes specialized functional forms
    • This simplification is simply astonishing. Stern, for example, severely criticizes the positivists for requiring all kinds of specialized assumptions for the private rate of return to equal the social rate of return, but then imposes specialized functional forms. Stern, The Economics of Climate Change. Although the use of this functional form has a long history in public economics, it remains a specialized assumption.
    • Stern1
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    • We use $95 rather than $100 because the newly discovered environmental harm means that we (all generations together) are not as well off as we thought. It is as if we lost money. It is likely that all generations will need to share in this loss. The number is only illustrative and we take no position on whether it should be more or less than $100 because of the damages from climate change
    • We use $95 rather than $100 because the newly discovered environmental harm means that we (all generations together) are not as well off as we thought. It is as if we lost money. It is likely that all generations will need to share in this loss. The number is only illustrative and we take no position on whether it should be more or less than $100 because of the damages from climate change.
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    • This is a simplification of the idea of distribution-neutral investment choice discussed in detail in
    • This is a simplification of the idea of distribution-neutral investment choice discussed in detail in Louis Kaplow, Discounting Dollars, Discounting Lives: Intergenerational Justice and Efficiency, 74 University of Chicago Law Review 79 (2007)
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    • Robert C. Lind, A Primer on Major Issues Relating to the Discount Rate for Evaluating National Energy Options, in Discounting for Time and Risk in Energy Policy 21-4 (Robert C. Lind, ed., 1982)
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    • For a detailed discussion of this point, see Cass Sunstein and Arden Rowell, On Discounting Regulatory Benefits: Risk, Money, and Intergenerational Equity, 74 Chicago Law Review 171 (2007).
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    • Utilitarianism is a particular form of welfarism. Welfarism in general is a belief that the value of a policy depends on the effects of aggregate welfare. Many different forms of aggregation are consistent with welfarism. Utilitarianism is a belief that aggregate welfare should be measured by the sum of the welfare of individuals
    • Utilitarianism is a particular form of welfarism. Welfarism in general is a belief that the value of a policy depends on the effects of aggregate welfare. Many different forms of aggregation are consistent with welfarism. Utilitarianism is a belief that aggregate welfare should be measured by the sum of the welfare of individuals.
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    • Probably the closest precedent was the abolition of the slave trade, which was mainly the work of one nation-Great Britain-which exploited its control of the sea
    • Probably the closest precedent was the abolition of the slave trade, which was mainly the work of one nation-Great Britain-which exploited its control of the sea.
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    • The two problems will, in practice, be intertwined because nations will claim that they are not free-riding; they will say that the treaty does not make them better off. Because of the difficulties in calculating the costs of emissions reductions and the local benefits of climate change abatement, it will be difficult to refute such claims
    • The two problems will, in practice, be intertwined because nations will claim that they are not free-riding; they will say that the treaty does not make them better off. Because of the difficulties in calculating the costs of emissions reductions and the local benefits of climate change abatement, it will be difficult to refute such claims.
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    • John Rawls, Legal Obligation and the Duty of Fair Play, in Law and Philosophy: A Symposium (Sidney Hook, ed., 1964).
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    • Anarchy, State, and Utopia
    • Robert Nozick has objected to these arguments. See, chapter 5, using as an example, an obligation to contribute to a public address system that you view as having marginal value
    • Robert Nozick has objected to these arguments. See Robert Nozick, Anarchy, State, and Utopia (1974), chapter 5, using as an example, an obligation to contribute to a public address system that you view as having marginal value.
    • (1974)
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