Monday, October 30, 2006
The Economics of Climate Change: the in depth summary
Earlier, Kevin wrote about a Climate Change report that Nicholas Stern, an economist, prepared. I was skeptical about the findings. I am not going to say that I am not still skeptical, because I am, BUT, the following 27 page summary, linked on the BBC but not written by the BBC, is very damning. The summary of findings I would like to see competing science on this, but the following bio on Nick Stern makes me give stronger credance to the report's findings. Whether or not the report will have any real effect on the world is anyone's guess. Earlier, there was a Pentagon report on global climatic change, and this had zero impact. I am guessing Stern's report will also fall on deaf ears, and that is a shame. At minimum, there needs to be a global initiative to find an alternative energy source. This is not going on. Our governments are woefully negligent. I am not 100% sure about the cause of global climatic change, but I am 100% sure, based on what I now have read, that the Stern report is a very serious report that needs to be thoroughly examined and debated, and NOT thrown under the rug. Something tells me that this report will be forgotten tomorrow, which is a shame.