Climate Wealth of Nations

6 Pages Posted: 20 Dec 2018

See all articles by Julia M. Puaschunder

Julia M. Puaschunder

Columbia University; New School for Social Research; Harvard University; The Situationist Project on Law and Mind Sciences

Date Written: November 20, 2018

Abstract

A 3-dimensional climate justice approach introduces to share the benefits and burden of climate change in an economically efficient, legally equitable and practically feasible way around the globe. Climate justice within a country pays tribute to low and high-income households carrying the same burden proportional to their dispensable income through consumption tax, progressive carbon taxation and a corporate inheritance tax. Climate change burden-sharing between countries ensures those countries benefiting more from a warmer environment bear higher responsibility regarding climate change mitigation and adaptation. Climate justice over time is proposed by an innovative bonds climate change burden sharing strategy (Puaschunder, 2018, forthcoming).

Keywords: Adaptation, Climate Bonds, Climate Justice, Climate Wealth of Nations, Climate Finance, Fairness, Inheritance Tax, Intergenerational Responsibility, International Law, Mitigation, Progressive Tax

Suggested Citation

Puaschunder, Julia M., Climate Wealth of Nations (November 20, 2018). RAIS Conference Proceedings - The 11th International RAIS Conference on Social Sciences, Available at SSRN: https://ssrn.com/abstract=3303325 or http://dx.doi.org/10.2139/ssrn.3303325

Julia M. Puaschunder (Contact Author)

Columbia University ( email )

3022 Broadway
New York, NY 10027
United States

New School for Social Research ( email )

6 East 16th Street
New York, NY 10003
United States

Harvard University ( email )

24 Oxford Street
Cambridge, MA 02138
United States

The Situationist Project on Law and Mind Sciences ( email )

24 Oxford Street
Cambridge, MA 02138
United States

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