In Grist, journalist Kate Galbraith discusses the Stern Review of the Economics of Climate Change.
She addresses criticism by the Wall Street Journal, Bjorn Lomborg and the Cato Institute, and compares its findings with a study by Tufts University and William Nordhaus' calculations of the social cost of carbon dioxide. She concludes that the Stern Review, however controversial, need be neither right nor wrong to serve the valuable purpose of stimulating policy makers to think about the consequences and costs of climate change.
What's the real cost of climate change, and where do all those numbers come from? | By Kate Galbraith | Grist | Main Dish | 16 Nov 2006
See also Unintended Consequences: Stern's Prescription & Dirty Harry's Question (Nov. 4, 2006).
Posted by dougsimpson at November 17, 2006 08:33 AM