Sunday, October 25, 2009

The Cost of Inaction and the Benefits of Action

I have developed the following tables to summarize the views expressed by Sir Nicholas Stern’s “Stern Review on the Economics of Climate Change” as well as lectures presented in class (click to enlarge tables):






The main point to take away from the Stern Reveiw is: No matter whether one considers themselves an economist, socialist, or environmentalist, it is in all our best interests to act - to address climate change. Healthy sustainable economies and societies directly depend on a healthy sustainable environment.