The neoclassical approach towards global warming is best represented by the study of Nordhaus (1994). He found that no substantial cuts in greenhosue gas emission are warranted. Most of his critics have focussed on the issue of discounting and have called for a lower discount rate to be used....

The literatures and debates on human development on the one hand and sustainability on the other share much in common. Human development is essentially what sustainability advocates want to sustain and without sustainability, human development is not true human development. Yet the two strands...

The principle of historical accountability allocates the rights to emit greenhouse gas emissions according to the relative contribution of a country towards the accumulation of gases in the atmosphere. Implicitly it gives every man and woman an equal share of the global atmosphere, independent...

This paper argues that it is countries’ historical experience with democracy, the democratic capital stock, rather than current levels of democracy that determines current climate change policies. Empirical evidence using data starting as far back as year 1800 for 87 countries, which together...

The Stern Review on The Economics of Climate Change is one of the few cost-benefit analyses of climate change to come out in favour of immediate and decisive action to reduce greenhouse gas emissions. The choice of a low discount rate is the main reason for the Review's divergence in conclusions...

This article reviews existing linkages between the two broad concepts of human development and sustainability and discusses ways in which the often separate literatures can learn from each other. It proposes a practical way in which the measurements of human development and sustainability can be...