Agricultural and Food Policy, Financial Economics

Depending on ethical beliefs, different decisions emerge for resolving the carbon dioxide (CO/sup 2/) issue. It is doubtful that an international consensus can be reached on a correct ethical criterion. Perhaps the best strategy would be to delay acceptance of either a particular set of beliefs or the existing scientific evidence and wait for more-accurate and conclusive research to emerge. If the scientific evidence is accepted as valid, and all future generations that will exist are evaluated equally, then the optimal current regulatory strategy is to restrict, as much as possible, current emissions of CO/sup 2/. 17 references, 2 figure, 1 table.