• What is the appropriate discount rate for future costs and benefits? Standard economics uses market-based discount rates. Some ecological economists argue for lower or even zero rates when dealing with irreversible ecological losses and intergenerational equity [Das,He].
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[Das] Dasgupta, P. (2008). Discounting climate change. Journal of Risk and Uncertainty 37, 141–169. https://doi.org/10.1007/s11166-008-9049-6
[He] Heal, G. (2000). Valuing the Future. New York: Columbia.
