Benefit cost analysis, resilience and climate change

Autor: Stephen Knight-Lenihan
Rok vydání: 2015
Předmět:
Zdroj: Climate Policy. 16:909-923
ISSN: 1752-7457
1469-3062
DOI: 10.1080/14693062.2015.1052957
Popis: Applying a resilience theory framework, land transport funding in New Zealand is used to show how benefit cost analysis can reinforce a preference for maintaining existing economic and social systems when, instead, consideration of more socially disruptive options may be required. In this context, resilience is seen as the ability to maintain transport systems rather than the ability to reduce the probability of climate change. The latter role of resilience attempts to identify thresholds and regime shifts, and so critiques decision-making processes, while the former privileges social stability, thereby reducing the range of potentially useful emission mitigation options to be considered.Policy relevanceTransitioning to a lower-carbon future requires policy formulation that challenges business-as-usual assumptions. Benefit cost analysis can be applied in ways that create barriers to such transitioning. The New Zealand case study identifies the conditions under which this can be the case. That benefit cost...
Databáze: OpenAIRE