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Discuss ethical issues relating to selection of the social discount rate used in a CBA for climate change mitigation.

Question

Discuss ethical issues relating to selection of the social discount rate used in a CBA for climate change mitigation.
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Solution 1

The social discount rate is a crucial factor in cost-benefit analysis (CBA) for climate change mitigation. It is used to compare the costs and benefits that occur at different points in time. However, the selection of the social discount rate raises several ethical issues.

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