Intergenerational Equity and Responsibility for Future Generations
Why should the present generation be held responsible for the sustainable well-being of future generations, especially since past generations must bear some large share of the cause of global warming? This chapter describes the principle that all generations irrespective of when they emerged in the past or will emerge in the future should have equal opportunity to lead worthwhile lives of their choice. It assesses several alternatives including assigning voting rights to the very young and setting aside these alternatives as on balance unsatisfactory or unworkable. On the principle of responsibility and compensation, the chapter proposes that the present generation must either abate global warming or compensate future generations. It explains and defends why this one-sided, external, and irrevocable choice of the present generation is the only sensible and moral alternative for addressing intergenerational equity.