Pricing Carbon for Climate Justice. Issue 2 (4th May 2019)

• Record Type: Journal Article
• Authors: Sayegh, Alexandre Gajevic
• Is Part Of: Ethics, policy & environment. Volume 22:Issue 2(2019)
• Page Start: 109
• Page End: 130
• Publication Date: 2019-05-04
• Subjects: Climate justice -- carbon pricing -- carbon markets -- market-based instruments -- bottom-up approach; Environmental ethics -- Periodicals; Environmental policy -- Periodicals; 179.1
• DOI: 10.1080/21550085.2019.1625532
• Languages: English
• ISSNs: 2155-0085

Abstract

ABSTRACT: This paper focuses on one particular case that connects climate justice and climate economics. Its contribution is twofold. First, it aims at providing a sound normative foundation for carbon pricing mechanisms around the notions of a 'right to energy', the 'duty not-to-harm' and an argument for 'restricted compensation'. Second, it identifies the normative elements from theories of climate justice that should guide the design of market-based instruments for climate change mitigation. This will cast light on the particular moral relevance of the act of internalizing a negative externality and of the funds generated by putting a price on carbon.