Climate Change Justice: The Challenge for Global Governance

Abstract

Private equity offsets are a partial solution to the difficult justice issues raised on the global level by climate change. Equity offsets allow individuals to follow their moral intuitions about the global differences in carbon emissions and the impact of global warming on individual lives. An active equity offset market could precede a post-Kyoto international agreement for global emissions reductions and could enhance the prospects for the adoption of such an agreement.

Keywords: Climate change, justice, equity, global private governance, global public governance, international law