----- Original Message ----- 
From: "Robert A. Rohde" <[EMAIL PROTECTED]>
Newsgroups: gmane.science.general.global-change
To: "globalchange" <[email protected]>
Sent: Friday, August 03, 2007 10:41 PM
Subject: [Global Change: 2005] Re: The seventieth generation


> Once we start talking about these fantastically long timescales there
> is essentially no way to predict future cost.
<...>
>
>
> On Aug 3, 3:06 pm, "Michael Tobis" <[EMAIL PROTECTED]> wrote:
>> I agree that we need a metric. I think the idea that it is even
>> commensurable with dollars is dubious, but that's another topic. Let
>> me stipulate that we ahve some measure of value, and discuss whether
>> any discount rate at all is morally defensible.
>>
>> My question is what the moral basis is for valuing *equally likely*
>> disaster in 20800 so much less than a comparable disaster in 2080.
>>
>> mt
>>
>> On 7/30/07, Don Libby <[EMAIL PROTECTED]> wrote:
>> > Sent: Sunday, July 29, 2007 1:12 PM
>> > Subject: [Global Change: 1981] The seventieth generation
>>
>> > > Do we have a moral right to weight the distant future against a
>> > > more or less arbitrary contemporary measure of value?
>>
>> > > mt
>>
>> > This leaves us with a political
>> > struggle between those who prefer a high discount rate and those who 
>> > prefer
>> > a low one.

Well, you're looking in the right place - moral values underpin time 
preferences.  You will no doubt find a plurality of opinions, each rooted in 
moral values.  Which one is "right"?  Scratching head, shrugging shoulders, 
there's not much case-law precedent to draw on for Geocide.  Reaching for 
the bookshelf:

"Time and money: Discounting's problematic allure"
http://www.rff.org/Documents/RFF-Resources-136-pres.pdf

_Discounting and Intergenerational Equity_
http://www.rff.org/rff/rff_press/bookdetail.cfm?outputID=3115

The folks at Resources for the Future have given this some serious thought.

-dl




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