Gosh, I Never Knew That!

Stunning information here:

The economics alone are questionable. The massive and detailed Stern report last year concluded that the negative impact of climate change could cost the world economy 20 times more than acting to prevent the damage in the first place.

Really? As I recall it, if we spend 1% of GDP per year then in a century we save 20% of GDP. That was it, wasn\’t it? Leaving aside all of his funny stuff about discount rates and so on.

Lawson\’s concern is that nothing interferes with globalisation,

Well, quite. As the SRES tells us, it\’s globalisation that\’s goingto lift the poor up out of poverty. That is what we want, isn\’t it?

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