Nick Stern cost of climate change

[biffvernon]

“It is extremely important to understand the severe limitations of standard economic models, such as those cited in the IPCC report, which have made assumptions that simply do not reflect current knowledge about climate change and its ... impacts on the economy,” said Lord Stern, a professor at the Grantham Institute, a research centre at the London School of Economics.

http://www.independent.co.uk/environmen ... 39147.html