Monday, October 30, 2006

Stern Review: Facts and Figures

From left to right: Britain's Chancellor of the Exchequer Gordon Brown, Sir Nicholas Stern, and Prime Minister Tony Blair at the Royal Society (London).
Image: Associated Press


Former World Bank chief economist Sir Nicholas Stern has produced a comprehensive report on the effect of global warming on world economics. Stern argues that drought, encroaching coastlines, crop failure and other climate events will severly undermine world economics this century. Stern reports that 15-40% of species may face extinction after a warming of 2 degrees celsius, damaging economies based on wildlife. The full report and powerpoint presentation are available online.

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