Studie der Zeitschrift One Earth, 19.5.2023 (engl. Original)
Considering fossil fuel companies as moral agents of the global climate system and attributing them financial reparations help balance the distribution of burdens and benefits. The proposed framework for quantifying and attributing reparations to major carbon fuel producers will inform future efforts to direct payments to harmed parties. While this will not indemnify them from current or prospective climate litigation, it may, for companies that pay reparations and show strong progress on reducing operational and product emissions, defer or even avoid being named as defendants in future lawsuits. The focus on the fossil fuel industry, despite persistent market distortions, governance, and policy failures common in the fossil fuel world, will help bridge the divide between ‘‘the rich’’ and ‘‘the poor’’ worlds that still hampers climate progress. It would also lead to a fairer distribution of the burden of fighting climate change among the various responsible agents, while at the same time providing necessary funding to mitigate emissions, fund adaptation, and compensate subjects more vulnerable to climate harm such as climate migrants and refugees, Indigenous peoples, racial and ethnic minority communities, people with disabilities, and people who are socially and economically disadvantaged.
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