Nicholas Stern’s review into climate change is one of the most significant pieces of economic policy analysis to make its way into the public realm, possibly ever. It generated a huge amount of controversy, and was both praised and attacked by fellow economists and other academics, scientists, environmentalists and policy commentators. Here, I will outline for a lay audience the major issues that were disputed amongst economists. (I’ll keep it as short as I can, which is still long, but I’ve done my best.)
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Issues in environmental and resource economics, presented for a non-specialist readers.
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