Hey Fans
So, the Stern report has finally come out. For those who havn't heard, this was a report written for the British government by Lord Stern, the former Chielf Economist of the World Bank. He describes the economic costs of tackling the problem now, resulting in a possible swallowing up of 1% of the worlds GDP, and talks about 'dramatic, far-reaching' consequences, well in the range of of a 20% global drop in GDP, akin to another Depression.
So guys, whats your opinions? Does Stern argue the case effectively in your mind? Do you think its time the likes of China, India, America, Australia and the EU played there part and created a global pact, which has the teeth needed to enforce it?
2006-10-30
19:22:33
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9 answers
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asked by
thomas p
5