1 percent) discount rate carries its own risk. This is because of the possibility that a discount rate close to zero may hinder important technological advances in the near-term. The adverse effects on technological advances will not only be limited to present but also future generations. In this regard, very low discount rates are seen as having an unintended adverse effect on future generations—which counters the intended motivation of those who advocate the precautionary approach to GW. How do you reconcile these two markedly different interpretations on the impact(s) discount rates may have on future generations? Be specific.