David Strahan: What Stern got wrong

The Stern review on the economics of climate change completely fails to acknowledge the imminent decline in global oil production

The Stern review on the economics of climate change was published to almost universal acclaim, and six months on, only a handful of economists have found anything to criticise. In one sense, Stern


Some economists charged Stern with minimising the costs of mitigating climate change and exaggerating the threats. Since climate change is already stirring positive feedback loops that could spark runaway global warming of the kind that caused the Permian mass extinction 250m years ago