期刊名称:Discussion Paper Series / Universität Heidelberg, Department of Economics
出版年度:2013
卷号:2013
出版社:Universität Heidelberg, Department of Economics
摘要:Solar radiation management (SRM) technologies are considered one of the likeliestforms of geoengineering. If developed, a future generation could deploy them to limit thedamages caused by the atmospheric carbon stock inherited from the current generation,despite their negative side e.ects. Should the current generation develop these geoengi-neering capabilities for a future generation. And how would a decision to develop SRMimpact on the current generation's abatement e.orts. Natural scientists, ethicists, andother scholars argue that future generations could be more sanguine about the side e.ectsof SRM deployment than the current generation. In this paper, we add economic rigorto this important debate on the intergenerational transfer of technological capabilitiesand pollution sto cks. We identify three conjectures that constitute potentially rationalcourses of action for current so ciety, including a ban on the development of SRM. How-ever, the same premises that underpin these conjectures also allow for a novel possibility:If the development of SRM capabilities is su.ciently cheap, the current generation mayfor reasons of intergenerational strategy decide not just to develop SRM technologies, butalso to abate more than in the absence of SRM