Applying the pure rate of time preference across generations is equivalent to assuming that our generation is more important than our grandchildren's generation, which is more important than their grandchildren's generation. If we were to decide that this is inappropriate, and that future generations are as important as ours, then: Group of answer choices We should do more to reduce climate change than indicated in the economically optimal or efficient path as calculated by integrated assessment models. We should do less to reduce climate change than indicated in the economically optimal or efficient path as calculated by integrated assessment models. We should panic, and put all of our efforts into reducing climate change now. We should do nothing to reduce climate change. We should follow the economically optimal or efficient path as calculated by integrated assessment models