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Discounting the value of natural resources in costbenefit analysis: a case study for policy making
(Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2014-04-10)
The issue of discounting (i.e. how future cost and benefits are valued today) plays a major role in policies with long-term effects on the natural environment, such as those required in a climate change context, or decisions ...