Monday, October 30, 2006

Former World Bank economicst Nicholas Stern on the economics of climate change

Sir Nicholas Stern, a former World Banks chief economist has just produced a report for the UK govornment into the economics of climate change.

Speaking about this report to the Today Show stern made a strong argument in favour of a higer magnitude of action, including a restructuring of the tax system to punish polloution not wealth.

The interview is available here.

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