13 Pages Posted: 31 Jul 2012
Date Written: July 12, 2012
A treaty satisfies what we call International Paretianism if it advances the interests of all states that join it, so that no state is made worse off. The principle might seem obvious, but it rules out nearly all the major proposals for a climate treaty, including proposals advanced by academics and by government officials. We defend International Paretianism, and for that reason urge commentators in the debate over climate justice to abandon efforts to right past wrongs, redistribute wealth, and achieve other abstract ideals through a climate treaty.
Suggested Citation: Suggested Citation
Posner, Eric A. and Weisbach, David A., International Paretianism: A Defense (July 12, 2012). University of Chicago Institute for Law & Economics Olin Research Paper No. 606; U of Chicago, Public Law Working Paper No. 392. Available at SSRN: https://ssrn.com/abstract=2120650 or http://dx.doi.org/10.2139/ssrn.2120650
By Eric Posner