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<body lang=3DEN-US style=3D'tab-interval:36.0pt;text-justify-trim:punctuati=
on'>

<div class=3DSection1>

<p class=3DMsoNormal><span lang=3DPT-BR style=3D'mso-ansi-language:PT-BR'><=
o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal><span lang=3DPT-BR style=3D'mso-ansi-language:PT-BR'><=
o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal><b style=3D'mso-bidi-font-weight:normal'><span lang=3D=
PT-BR
style=3D'mso-ansi-language:PT-BR'>The text that follows is a PREPRINT.<o:p>=
</o:p></span></b></p>

<p class=3DMsoNormal><span lang=3DPT-BR style=3D'mso-ansi-language:PT-BR'><=
o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal><span lang=3DPT-BR style=3D'mso-ansi-language:PT-BR'>P=
lease cite
as:<o:p></o:p></span></p>

<p class=3DMsoNormal><span lang=3DPT-BR style=3D'mso-ansi-language:PT-BR'><=
o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'margin-left:36.0pt;text-indent:-36.0pt;mso-pa=
gination:
lines-together;page-break-after:avoid;mso-hyphenate:none;tab-stops:0pt'><sp=
an
style=3D'font-family:"CG Times"'>Fearnside, P.M. 1998.<span
style=3D'mso-spacerun:yes'>&nbsp; </span>The value of human life in global
warming impacts. <u>Mitigation and Adaptation Strategies for Global Change<=
/u>
3(1): 83-85.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'margin-left:36.0pt;text-indent:-36.0pt'><span
style=3D'font-family:"CG Times";mso-bidi-font-family:"Courier New"'><o:p>&n=
bsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'margin-left:36.0pt;text-indent:-36.0pt'><span
style=3D'font-family:"CG Times";mso-bidi-font-family:"Courier New"'>ISSN: <=
/span><span
style=3D'mso-spacerun:yes'>&nbsp;</span>1381-2386<o:p></o:p></p>

<p class=3DMsoNormal style=3D'margin-left:36.0pt;text-indent:-36.0pt'><span
style=3D'font-family:"CG Times";mso-bidi-font-family:"Courier New"'><span
style=3D'mso-spacerun:yes'>&nbsp;</span><o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'margin-left:36.0pt;text-indent:-36.0pt'><span
style=3D'font-family:"CG Times";mso-bidi-font-family:"Courier New"'>Copyrig=
ht:
Springer<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'margin-left:36.0pt;text-indent:-36.0pt'><span
style=3D'font-family:"CG Times"'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'margin-left:36.0pt;text-indent:-36.0pt;mso-hy=
phenate:
none;tab-stops:0pt'><span style=3D'font-family:"CG Times"'>The original pub=
lication
is available at http://www.springerlink.com:<span
style=3D'mso-spacerun:yes'>&nbsp; </span></span><span lang=3DPT-BR
style=3D'mso-ansi-language:PT-BR'><o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><o:p>&nbsp;</o:p></span></=
p>

<span style=3D'font-size:12.0pt;font-family:Courier;mso-fareast-font-family=
:"Times New Roman";
mso-bidi-font-family:Courier;letter-spacing:-.15pt;mso-ansi-language:EN-US;
mso-fareast-language:EN-US;mso-bidi-language:AR-SA'><br clear=3Dall
style=3D'mso-special-character:line-break;page-break-before:always'>
</span>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><o:p>&nbsp;</o:p></span></=
p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><span style=3D'mso-tab-cou=
nt:2'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>THE
VALUE OF HUMAN LIFE IN GLOBAL WARMING IMPACTS<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><o:p>&nbsp;</o:p></span></=
p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><o:p>&nbsp;</o:p></span></=
p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><o:p>&nbsp;</o:p></span></=
p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><o:p>&nbsp;</o:p></span></=
p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><o:p>&nbsp;</o:p></span></=
p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><o:p>&nbsp;</o:p></span></=
p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><o:p>&nbsp;</o:p></span></=
p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><o:p>&nbsp;</o:p></span></=
p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><span style=3D'mso-tab-cou=
nt:5'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </spa=
n>Philip
M. Fearnside<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><span style=3D'mso-tab-cou=
nt:5'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </spa=
n>National
Institute for Research<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><span style=3D'mso-tab-cou=
nt:6'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp; </span>in
the Amazon (INPA)<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><span style=3D'mso-tab-cou=
nt:5'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </spa=
n>Caixa
Postal 478<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><span style=3D'mso-tab-cou=
nt:5'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </spa=
n>69011-970
Manaus, Amazonas<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><span style=3D'mso-tab-cou=
nt:5'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </spa=
n>BRAZIL<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><span style=3D'mso-tab-cou=
nt:5'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </spa=
n>Tel:
+55 (92) 643-1822<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><span style=3D'mso-tab-cou=
nt:5'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </spa=
n>Fax:
+55 (92) 236-3822<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><span style=3D'mso-tab-cou=
nt:5'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </spa=
n>e-mail:
pmfearn@inpa.gov.br<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><o:p>&nbsp;</o:p></span></=
p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><o:p>&nbsp;</o:p></span></=
p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><o:p>&nbsp;</o:p></span></=
p>

<p class=3DMsoNormal style=3D'text-align:justify;mso-hyphenate:none'><span
style=3D'font-size:12.0pt;letter-spacing:-.15pt'><span style=3D'mso-tab-cou=
nt:4'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>22
Oct. 1997<o:p></o:p></span></p>

<span style=3D'font-size:12.0pt;font-family:Courier;mso-fareast-font-family=
:"Times New Roman";
mso-bidi-font-family:Courier;letter-spacing:-.15pt;mso-ansi-language:EN-US;
mso-fareast-language:EN-US;mso-bidi-language:AR-SA'><br clear=3Dall
style=3D'mso-special-character:line-break;page-break-before:always'>
</span>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'>ABSTRACT:<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><span
style=3D'mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp; </span>A recent article =
in <u>Mitigation
and Adaptation Strategies for Global Change</u> by Fankhauser and Tol makes=
 monetary
estimates of potential global warming damages that assign higher value to e=
ach
life lost in wealthy countries as opposed to poor ones.<span
style=3D'mso-spacerun:yes'>&nbsp; </span>Regardless of how much sense such a
procedure may make to GDP-oriented economists, it is morally unacceptable to
most of the world and needlessly damages efforts to build support for any
global warming mitigation and adaptation strategies that may be proposed.<s=
pan
style=3D'mso-spacerun:yes'>&nbsp; </span>A better solution would be to use a
money value of zero for human life losses and report separately the monetary
and human life costs of warming (and benefits of mitigation).<o:p></o:p></s=
pan></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'>KEYWORDS:
VALUATION, ETHICS, STATISTICAL LIFE, ECONOMIC IMPACTS OF GLOBAL WARMING<o:p=
></o:p></span></p>

<span style=3D'font-size:12.0pt;font-family:Courier;mso-fareast-font-family=
:"Times New Roman";
mso-bidi-font-family:Courier;mso-ansi-language:EN-US;mso-fareast-language:E=
N-US;
mso-bidi-language:AR-SA'><br clear=3Dall style=3D'mso-special-character:lin=
e-break;
page-break-before:always'>
</span>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><span
style=3D'mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp; </span>No subject could =
be as
fundamental, nor as controversial, as the value attributed to human life in=
 calculating
the impacts of global warming (and the benefits of mitigating it).<span
style=3D'mso-spacerun:yes'>&nbsp; </span>Although prominent in the discussi=
ons of
activist groups (e.g., <u>Third World Resurgence</u>, 1994), this subject h=
as
received little treatment in the professional literature.<span
style=3D'mso-spacerun:yes'>&nbsp; </span>A perception that those who work
professionally with climate mitigation and adaptation value the lives of ri=
ch
people more than those of poor people is extremely damaging to the whole
enterprise of mobilizing support for measures to contain global warming.<sp=
an
style=3D'mso-spacerun:yes'>&nbsp; </span>The recent article in <u>Mitigatio=
n and
Adaptation Strategies for Global Change</u> by Fankhauser and Tol (1997)
requires comment in this regard.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><span
style=3D'mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp; </span>Fankhauser and Tol
(1997: 400) state that &quot;the value people assign to a lower mortality r=
isk
may rise as per capita income grows.&quot;<span style=3D'mso-spacerun:yes'>=
&nbsp;
</span>One is strongly reminded of the famous televised remark by General
William Westmoreland, then U.S. military commander in Vietnam, that
&quot;they&quot; [Vietnamese] don't feel pain on losing their loved ones li=
ke
&quot;we&quot; [Americans] do.<span style=3D'mso-spacerun:yes'>&nbsp; </spa=
n>The
notion that global warming impacts should be calculated assigning greater v=
alue
to lives lost in rich countries has been rejected as morally unacceptable by
many analysts, including this author (e.g. Fearnside, 1997).<o:p></o:p></sp=
an></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><span
style=3D'mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp; </span>The perception th=
at
global warming impact calculations contain a bias against the poor stems fr=
om a
1992 working paper by the first author of the recent article.<span
style=3D'mso-spacerun:yes'>&nbsp; </span>In that calculation, lives lost in
wealthy countries were counted at a value ten times that used for lives los=
t in
the poorest countries (Fankhauser, 1992: 14).<span
style=3D'mso-spacerun:yes'>&nbsp; </span>The values per life were derived f=
rom
what people spend on insurance, a measure that ultimately rests on the abil=
ity
of people to pay to avoid risks--that is, on how much money they have.<span
style=3D'mso-spacerun:yes'>&nbsp; </span>Although Fankhauser (1992: note 22)
appended a footnote explaining that poor people's lives are really just as
valuable as rich people's lives, the numerical calculations followed throug=
h to
the end using the 10:1 ratio.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><span
style=3D'mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp; </span>The Intergovernme=
ntal
Panel on Climate Change (IPCC) Working Group 3 (Mitigation and Adaptation)
analysis reviews various means of valuating human lives (Pearce <u>et al</u=
>.,
1996: 196-197).<span style=3D'mso-spacerun:yes'>&nbsp; </span>The bottom li=
ne of
1.5-2.0% loss of world Gross Domestic Product (GDP) (2-9% of GDP in develop=
ing
countries) for total impacts of doubling the pre-industrial CO<sub>2</sub>
concentration presented in the conclusions (Pearce <u>et al</u>., 1996: 218=
),
however, is based on &quot;available studies&quot; that virtually all have
wealth-based valuation of human life.<span style=3D'mso-spacerun:yes'>&nbsp;
</span>Most emphasis is given to Fankhauser's (1995) estimate, which gives =
11
times more weight to each life lost in the Organization for Economic
Co-operation and Development (OECD) countries as compared to the non-OECD
[i.e., poor] countries (see Pearce <u>et al</u>., 1996: 197).<span
style=3D'mso-spacerun:yes'>&nbsp; </span>In the present case (Fankhauser an=
d Tol,
1997), which builds on the IPCC analysis, the numbers also reflect the
&quot;wealthist&quot; bias of the original sources.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><span
style=3D'mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp; </span>In addition, the
&quot;value adjustment&quot; alluded to in the abstract (p. 385) is explain=
ed
(p. 398) as a probable increase in intangible damages &quot;because of the =
impact
of per capita income on valuation.&quot;<span style=3D'mso-spacerun:yes'>&n=
bsp;
</span>The implication is that future refinements of damage evaluation
calculations will contain higher numbers for mortality costs because the per
capita income of the people dying will be greater.<span
style=3D'mso-spacerun:yes'>&nbsp; </span>The source of Fankhauser and Tol's
optimism regarding the direction of change of the per capita income of the
victims is not stated, and seems incongruous with the recent trends towards
much larger numbers and percentages of poor people in the world.<span
style=3D'mso-spacerun:yes'>&nbsp; </span>That the authors' predictions about
&quot;a new generation of improved estimates&quot; (p. 399) stress increased
value per death based on future increases in per capita income implies that
each death among the rich will add more to the global warming damage total =
than
each death among the poor.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><span
style=3D'mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp; </span>It is important t=
o make
clear that, irrespective of what individual researchers may think about the
matter, the value assigned to human life is a parameter that reflects ethic=
al
values that are not decided by researchers.<span
style=3D'mso-spacerun:yes'>&nbsp; </span>The content of various internation=
al
agreements, including the United Nations charter, as well as the teachings =
of
the world's major religions, all point to equality as a universal guiding
principle.<span style=3D'mso-spacerun:yes'>&nbsp; </span>This needs to be
incorporated in an explicit and consistent manner into both numerical
calculations and verbal discussions of the subject.<span
style=3D'mso-spacerun:yes'>&nbsp; </span>The importance of equality is so b=
asic
that, rather than commit the injustice of differential valuation based on
wealth, it would be better to use a value of zero for lost lives in monetary
calculations, and simply state the monetary and human life costs separately=
.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><span
style=3D'mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp; </span>Using Fankhauser's
(1995) estimates for the impact of a jump to double the pre-industrial CO<s=
ub>2</sub>
concentration with the world (including its population size) as it is today,
the result would be loss of US$ 221 billion (in 1990 prices) annually,
exclusive of human life losses, plus loss of 138,000 lives per year (115,00=
0 of
which would be in non-OECD countries).<span style=3D'mso-spacerun:yes'>&nbs=
p;
</span>The world's population can be expected to have grown substantially
before pre-industrial CO<sub>2</sub> doubles in approximately 2070, assuming
the atmosphere follows the IPCC Second Assessment Report's business-as-usual
(IS92a) scenario (Schimel <u>et al</u>., 1996: 83).<span
style=3D'mso-spacerun:yes'>&nbsp; </span>The real costs, especially in lost
lives, would therefore be much higher than these already astronomical numbe=
rs
suggest.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal align=3Dcenter style=3D'text-align:center;mso-hyphenat=
e:none'><span
style=3D'font-size:12.0pt'>References<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'>Fankhauser,
S.: 1992, Global warming damage costs: Some monetary estimates. Centre for
Social and Economic Research on the Global Environment (CSERG) Working Pape=
r GEC
92-29. London, University College and Norwich, University of East Anglia.<o=
:p></o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'>Fankhauser,
S.: 1995, <u>Valuing Climate Change--The Economics of the Greenhouse</u>.
London, EarthScan.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'>Fankhauser,
S. and Tol, R.S.J.: 1997, 'The social costs of climate change: The IPCC Sec=
ond
Assessment Report and beyond', <u>Mitigation and Adaptation Strategies for
Global Change</u> <b>1</b>: 385-403.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'>Fearnside,
P.M.: 1997, 'Environmental services as a strategy for sustainable developme=
nt
in rural Amazonia', <u>Ecological Economics</u> <b>20</b>(1): 53-70.<o:p></=
o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'>Pearce,
D.W., Cline, W.R., Achanta, A.N., Fankhauser, S., Pachauri, R.K., Tol, R.S.=
J.
and Velinga, P.: 1996, 'The social costs of climate change: Greenhouse dama=
ge
and the benefits of control', in Bruce, J.P., Lee, H. and Haites, E.F. (eds=
.), <u>Climate
Change 1995: Economic and Social Dimensions--Contributions of Working Group=
 III
to the Second Assessment Report of the Intergovernmental Panel on Climate
Change</u>, Cambridge, Cambridge University Press, pp. 179-224.<o:p></o:p><=
/span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'>Schimel,
D. and 75 others: 1996, 'Radiative forcing of climate change', <u>Climate
Change 1995: The Science of Climate Change--Contribution of Working Group I=
 to
the Second Assessment Report of the Intergovernmental Panel on Climate Chan=
ge</u>,
Cambridge, Cambridge University Press, pp. 65-131.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><span style=3D'font-size:=
12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'mso-hyphenate:none'><u><span style=3D'font-si=
ze:12.0pt'>Third
World Resurgence</span></u><span style=3D'font-size:12.0pt'>: 1994, 'World
climate body colonised by OECD economists', <u>Third World Resurgence</u> <=
b>49</b>:
2-3.<o:p></o:p></span></p>

<p class=3DMsoNormal><span style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></sp=
an></p>

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