Showing papers by "Alan Grainger published in 1997"
TL;DR: In this article, the authors examine global climate change from a conceptual point of view, and examine the issues of fairness and income distribution among nations, both now and in the future.
Abstract: Global climate change is about uncertainty related to ecological and economic processes, and political responses. It is about fairness and income distribution among nations, both now and in the future. It is a dynamic problem that involves national carbon transition functions, damage functions and discount rates. These issues form the basis of the current paper, which examines them from a conceptual point of view.
53 citations
TL;DR: In this article, the authors estimate the opportunity cost of foregone national development and not just the cost of carbon stored for mitigating global climate change by conserving forest or improving forest management.
Abstract: Summary Compensation to developing countries for mitigating global climate change by conserving forest or improving forest management should include the opportunity cost of foregone national development and not just the cost of carbon stored.Estimation of the opportunity cost is discussed and alternative compensation schemes compared.
9 citations