Reviewing the Stern Review
21st 2006f November, 2006, PeterAustralian economist, John Quiggin, has undertaken a blog review of the UK Government’s Stern review on the economics of climate change. The highlights of his review are:
“(i) Stern’s estimates of the cost of stabilising CO2 levels (1 per cent of GDP by 2050) are optimistic, but in the right ballpark
(ii) Stern’s treatment of discounting is [...]
