The Monist 102 (1):84-109 (2019)

Authors
Kian Mintz-Woo
Princeton University
Mark Budolfson
Rutgers University - New Brunswick
Abstract
We analyze the role of ethical values in the determination of the social cost of carbon, arguing that the familiar debate about discounting is too narrow. Other ethical issues are equally important to computing the social cost of carbon, and we highlight inequality, risk, and population ethics. Although the usual approach, in the economics of cost-benefit analysis for climate policy, is confined to a utilitarian axiology, the methodology of the social cost of carbon is rather flexible and can be expanded to a broader set of social-welfare approaches. [Open access]
Keywords climate change  cost benefit analysis  social cost of carbon  population  discounting  risk  inequality
Categories (categorize this paper)
DOI 10.1093/monist/ony023
Options
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

Our Archive


Upload a copy of this paper     Check publisher's policy     Papers currently archived: 50,147
External links

Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library

References found in this work BETA

The Problem of Global Justice.Thomas Nagel - 2005 - Philosophy and Public Affairs 33 (2):113-147.
Reasons and Persons.Joseph Margolis - 1986 - Philosophy and Phenomenological Research 47 (2):311-327.
The Law of Peoples.John Rawls - 2001 - Philosophical Quarterly 51 (203):246-253.
The Law of Peoples.John Rawls - 1993 - Critical Inquiry 20 (1):36-68.

View all 32 references / Add more references

Citations of this work BETA

Moral Uncertainty Over Policy Evaluation.Kian Mintz-Woo - 2018 - Erasmus Journal for Philosophy and Economics 11 (2):291-294.

Add more citations

Similar books and articles

The Social Cost of Carbon From Theory to Trump.J. Paul Kelleher - forthcoming - In Ravi Kanbur & Henry Shue (eds.), Climate Justice: Integrating Economics and Philosophy. Oxford University Press.
Two Moral Arguments for a Global Social Cost of Carbon.Kian Mintz-Woo - 2018 - Ethics, Policy and Environment 21 (1):60-63.
Climate Ethics and Population Policy.Philip Cafaro - 2012 - WIREs Climate Change 3 (1):45–61.
Economics, Risk-Cost-Benefit Analysis, and the Linearity Assumption.K. S. Shrader-Frechette - 1982 - PSA: Proceedings of the Biennial Meeting of the Philosophy of Science Association 1982:217 - 232.
A New Defence of Probability Discounting.Kian Mintz-Woo - 2017 - In Adrian Walsh, Säde Hormio & Duncan Purves (eds.), The Ethical Underpinnings of Climate Economics. Oxford: Routledge. pp. 87-102.
Costs and Benefits of Cost-Benefit Analysis: A Response to Bantz and MacLean.Peter Railton - 1982 - PSA: Proceedings of the Biennial Meeting of the Philosophy of Science Association 1982:261-271.
On the Cognitive Argument for Cost-Benefit Analysis.Andreas Christiansen - 2018 - Ethical Theory and Moral Practice 21 (2):217-230.
Welfare After Growth: Theoretical Discussion and Policy Implications.Max Koch - 2013 - International Journal of Social Quality 3 (1):4-20.

Analytics

Added to PP index
2018-12-21

Total views
59 ( #155,694 of 2,324,616 )

Recent downloads (6 months)
18 ( #35,574 of 2,324,616 )

How can I increase my downloads?

Downloads

My notes