WHP Logo

The White Horse Press

Environmental Values

Contents of Volume 4

Other volumes of EV

Environmental Values

Tradeable CO2 Emission Permits: Initial Distribution as a Justice Problem

Snorre Kvrndokk

Environmental Values 4(1995): 129-148. doi: 10.3197/096327195776679529

One characteristic of tradeable emission permits is that efficiency and justice considerations can be separated. While Pareto optimality is an accepted efficiency principle, there is not a consensus on a 'best' equity principle. In this article, conventional justice principles are used to evaluate alternative allocation rules for tradeable CO2 permits, and a distribution proportional to population is recommended. Arguments against the population rule are discussed, especially those pertaining to political feasibility. While justice and political feasibility may indeed contrast, it still may be possible to emphasise the population rule in the future.

KEYWORDS: Global warming, tradeable emission permits, justice principles, political feasibility

CITATIONS in other Environmental Values articles:

Sustainable Development and Social Justice: Expanding the Rawlsian Framework of Global Justice Oluf Langhelle

Equity and ITQs: About Fair Distribution in Quota Management Systems in Fisheries. Ralf Doering, Leyre Goti, Lorena Fricke, Katharina Jantzen

Reprints of this article can be ordered from the British Library Document Supply Service or ingenta

Contact the publishers for subscriptions and back numbers of Environmental Values.

The Old Vicarage, Winwick
Cambridgeshire, PE28 5PN, UK
Tel: +44 1832 293222