Economics, ethics, and long-term environmental damages

Environmental Ethics 15 (2):117-132 (1993)
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Abstract

Neither environmental economics nor environmental philosophy have adequately examined the moral implications of imposing environmental degradation and ecosystem instability upon our descendants. A neglected aspect of these problems is the supposed extent of the burden that the current generation is placing on future generations. The standard economic position on discounting implies an ethicaljudgment concerning future generations. If intergenerational obligations exist, then two types of intergenerational transfer must be considered: basic distributional transfers and compensatory transfers. Basic transfers have been the central intergenerational concern of both environmental economics and philosophy, but compensatory transfers emphasize obligations of a kind often disregarded

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Citations of this work

Climate change mitigation, sustainability and non-substitutability.Säde Hormio - 2017 - In Adrian Walsh, Säde Hormio & Duncan Purves (eds.), The Ethical Underpinnings of Climate Economics. London, UK: pp. 103-121.
Intergenerational Impartiality: Replacing Discounting by Probability Weighting.Ng Yew-Kwang - 2005 - Journal of Agricultural and Environmental Ethics 18 (3):237-257.
Intergenerational impartiality: Replacing discounting by probability weighting. [REVIEW]Yew-Kwang Ng - 2005 - Journal of Agricultural and Environmental Ethics 18 (3):237-257.
Time discounting, consistency, and special obligations: a defence of Robust Temporalism.Harry R. Lloyd - 2021 - Global Priorities Institute, Working Papers 2021 (11):1-38.

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