Debating the Economics of Climate Change
Two years ago today in the UK, the Chancellor of HM Treasury asked Sir Nick Stern to lead a major review on the economics of climate change, in order to understand more comprehensively the nature of the economic challenges and how they can be met, in the UK and globally. The Stern Review examines the costs and benefits of taking strong actions to reduce the risks posed by climate change in contrast to the costs and benefits of “business as usual.” The results, supporting a strong argument for action, have continued to provoke discussion and debate since their release in October of 2006, and offer a window into the connections between natural science, economic analysis, political debate, and ethical choices.
Read:
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The Stern Review, plus additional papers and FAQ’s published since its release,
some
Shots Across the Stern in The Economist magazine,
and a
Policy Forum: Debating the Stern Review on Climate Change in Science.
Filed under: Environmental News, Faculty & Staff News, Of Student Interest by Andy Wetzel | Comments (0)