Discount rates, ethical conundrums, and compromising on climate policy

James Murray
clock

New paper aims to calculate a value for discount rates to ensure economic models assessing climate impacts reflect ongoing ethical debates about climate action

Is a bird in the hand worth two in the bush? Is money now really always more preferable to money later? Or, to put it another way, how much value do you place on the health and prosperity of future generations?...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Policy

'Half-hearted U-turn': Government re-opens Sustainable Farming Incentive for around 3,000 farms

'Half-hearted U-turn': Government re-opens Sustainable Farming Incentive for around 3,000 farms

Following NFU challenge, government admits shock closure of subsidy scheme contained errors as it re-opens application process for some farms

James Murray
clock 13 May 2025 • 4 min read
'An incredibly divisive topic': Cornwall Insight warns switch to zonal pricing unlikely to be achieved before 2030

'An incredibly divisive topic': Cornwall Insight warns switch to zonal pricing unlikely to be achieved before 2030

Influential analyst firm argues that even under ambitious timelines, it would likely take until the early 2030s to transition UK market to a zonal electricity pricing regime

James Murray
clock 12 May 2025 • 4 min read
Global Briefing: COP30 President urges governments to move 'from vision to reality'

Global Briefing: COP30 President urges governments to move 'from vision to reality'

COP30 Presidency sets out plans for changes to global climate governance, as Nigeria prepares major green bond issuance and Octopus Energy advances German expansion plans

James Murray
clock 09 May 2025 • 5 min read