authors: David Weissbach, Cass Sunstein published 200#paper source: https://canvas.wu.ac.at/courses/3581/files/236441?module_item_id=56587
Title
ð Executive Summary
short summary of what to find here. only a few sentences at best
ðïļ Key Findings
What really stands out in this paper Lessons learned Surprises
â Similarities
similarities to other papers or what other people think/write, link them here
âïļ Differences
differences to other papers or what other people think/write, link them here
ð Content
- Nicholas Stern wants harsh and immediate climate action
- carbon tax, immediate and gradual
- William Nordhaus wants a slow and steady adaption
- both have same assumptions about impact of climate change
- Discounting Rate is differently computed
- Nicholas Stern accuses William Nordhaus and others of ignorance
- climate change is a ethical and cross-generational debate
- 2 camps
- positivists â defend Discounting
- reduction in emissions only good if comparable to other options
- ethicists â argue against Discounting
- future generations valued nothing with Discounting
- value of future generations should be greater than currently living people
- positivists â defend Discounting