Stern Report: Climate Change Economic Disaster
Urban Ecology News. 2006.10.30
Stern Report (UK) predicts global economic depression unless we act now to stop global warming.
The Stern Review Final Report, released today by the UK Treaury, recommends the World spend one percent of its GDP to stabilise atmopheric greenhouse gases below 550 ppm (CO2e), and so avoid higher economic costs later on, as well as environmental and social disruption.
Actions include:
- Decarbonise the power sector by 60-70%.
- End deforestation.
- Make deep cuts in transport emissions.
Links
Stern Report
Stern Review on the Economics of Climate Change, UK Treasury.
Climate Change to Cost the Earth. Lateline. ABC. 2006.10.30
Climate Change to Cut Global Growth: Report. PM. ABC.2006.10.30
$9 trillion the cost of global warming: Stern Report. Sarah Clarke. The World Today. ABC. 2006.10.30
Report's Stark Warning on Climate . Robert Preston, BBC News, 2006.10.29
Stern Report Warns of Huge Costs of Climate Change. Rafael Epstein, AM, ABC, 2006.10.30
Australian Government Response
PM Proposes 'New Kyoto'. Lateline. ABC. 2006.10.31
PM Warns of Pricey Global Warming Battle. Lateline. ABC. 2006.11.2