ABSTRACT
Intergenerational Equity and Climate Change
By James C. Wood
This article provides a comprehensive overview of how
current human activity may have significant effect on
the global climate, and in turn intergenerational equity.
The philosophical basis for the article focuses on Rawlsian
rigorous neutrality and the original notion of the social
contract. From that basis, the article explores the
various effects of climate change in the developed and
developing nations and how the risk of catastrophic
damage will be borne by those least able to absorb them.
Adaptation assistance and risk reduction strategies
are explored, as well as the difficulty of providing
adequate representation for future stakeholders.
The climate system as a property resource is the focus
of the second half of the article. The "tragedy of the
commons" analysis provides a theoretical framework for
the discussion of the economic principles that shape
the climate change debate and the following cost-benefit
analysis. International law does not address the climate
system or international airspace specifically. They
remain classified as shared resources under customary
international law, which creates problems for allocating
responsibility. Efforts are being made to incorporate
the climate related regimes into international law in
order to assure equity. The most prominent problems
are negotiating a equitable regime and assuring compliance.
The solution is seen in cooperative, self-sustaining
joint regimes to accommodate slowly evolving standards
for the global commons.
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