http://news.bbc.co.uk/1/hi/uk/6095680.stm
The report looked at the impact of global warming on economic output, or gross domestic product (GDP), until 2100.
So let me get this straight - the government acknowledges peak oil, although they predict a peak date of 2030. Lets for a moment assume they are correct.The comments come ahead of a report expected to warn climate change may cut global annual economic output by up to 20%.
Lets also an ultra optimistic peak for global natural gas of 2050, coal at 2050 and uranium of 2070.
Even with this ludicrous set of assumptions - what on earth makes the Stern report think that GDP reduction will only be 20% AT THE VERY WORST!?
How lacking in credibity is a report on climate change when it doesnt consider the reserves of the very thing causing climate change?
Insane..