uu.seUppsala University Publications
Change search
ReferencesLink to record
Permanent link

Direct link
Time horizons and discount rates in Swedish environmental policy: Who decides and on what grounds?
Royal Inst Technol KTH, Div Philosophy, Brinellvagen 32, SE-10044 Stockholm, Sweden..
Skatteverket, SE-10661 Stockholm, Sweden..
Royal Inst Technol KTH, Div Philosophy, Brinellvagen 32, SE-10044 Stockholm, Sweden..
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2016 (English)In: Futures: The journal of policy, planning and futures studies, ISSN 0016-3287, E-ISSN 1873-6378, Vol. 76, 55-66 p.Article in journal (Refereed) PublishedText
Abstract [en]

Interviews with Swedish authorities reveal large variations in the time horizons and discount rates used in their policy decisions. The time horizon, i.e. the future time period for which effects are included in the analysis, is seldom longer than 40-50 years, and nuclear waste is the only area in which a time horizon longer than 100 years is used regularly. Discount rates for non-commercial purposes vary between 2 per cent and 4 per cent, with 4 per cent as the most common rate. The differences between policy areas appear to be unsystematic and insufficiently justified. We suggest that there may be a need for coordination and, possibly, harmonization, of the choices of time horizons and discount rates.

Place, publisher, year, edition, pages
2016. Vol. 76, 55-66 p.
Keyword [en]
Time horizon, Planning, Social discount rate, Public policy, Environment
National Category
Social Sciences
Identifiers
URN: urn:nbn:se:uu:diva-288627DOI: 10.1016/j.futures.2015.02.007ISI: 000372388300006OAI: oai:DiVA.org:uu-288627DiVA: diva2:926235
Available from: 2016-05-04 Created: 2016-04-28 Last updated: 2016-05-04Bibliographically approved

Open Access in DiVA

No full text

Other links

Publisher's full text
By organisation
Department of Economics
In the same journal
Futures: The journal of policy, planning and futures studies
Social Sciences

Search outside of DiVA

GoogleGoogle Scholar
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Altmetric score

Total: 99 hits
ReferencesLink to record
Permanent link

Direct link