This is a post of resources on the Stern Review. I keep hoping to find time to write this up properly, but it’s not going to happen anytime soon. At the end of this post are links to streaming video of the Yale conference, followed by several Prometheus analysis links.
For our own use, I created audio “podcasts” of the conference by real-time recording of the execrable REAL streaming format video. You may wish to do the same, as there is no transcript of the conference AFAIK. [If you have any influence at Yale you might try to educate them about modern free web standards such as Quicktime — hopefully get them to stop using proprietary protocols like REAL]. That said, many thanks to Yale for hosting the conference and for making the proceedings available free on the web.
First, a description of the Yale conference:
On February 15, the Yale Center for the Study of Globalization hosted a presentation and discussion of the Stern Review on the Economics of Climate Change. The event highlighted Sir Nicholas Stern and a group of climate change experts who have worked extensively on the issue.
The Stern Review, launched in October of 2006 under the auspices of the British government, along with the Report of the Intergovernmental Panel on Climate Change (IPCC), released on February 2 in Paris, together have brought new attention and intense focus to the issue of global warming. They both have concluded that the cause of the climate systemâ€™s warming is man-made, and have projected the long-term effects of global warming should the international community not take action now.
The Yale event gave voice to many of the contentious issues surrounding the global warming debate. During the morning session, Sir Nicholas Stern presented the report and its findings. Following this presentation, Dr. Chris Hope of the University of Cambridge discussed the synthesis of information from the science and economics of climate change and the PAGE integrated assessment model that he developed and that was used in the report. Dean Gus Speth of Yaleâ€™s School of Forestry and Environmental Studies offered closing remarks.
The afternoon was devoted to a discussion of the Stern Review and its findings by a group comprised of some of the most knowledgeable, distinguished and eloquent scholars active today. Among the group were vocal critics as well as supporters of the Reviewâ€™s major findings. Afternoon participants included William Nordhaus, Sterling Professor of Economics at Yale; Jeffrey Sachs, Director of the Earth Institute at Columbia University; Robert Mendelsohn, the Edwin Weyerhaeuser Davis Professor at the Yale School of Forestry and Environmental Studies; Gary Yohe, the Woodhouse/Sysco Professor of Economics at Wesleyan University; Scott Barrett, Director of the International Policy Program and Professor of Environmental Economics at Johns Hopkins Universityâ€™s School of Advanced International Studies; and William Cline, Senior Fellow at the Peterson Institute for International Economics and the Center for Global Development.
Moderating both the morning and afternoon sessions was Ernesto Zedillo, Director of the Yale Center for the Study of Globalization and the former President of Mexico. The event at Yale was the most comprehensive and rigorous discussion in the U.S. to date of the Stern Review and the only one pairing Sir Nicholas and his team with such an esteemed panel of experts.
The Stern Review, commissioned by the U.K. government, was presented to Prime Minister Tony Blair and Chancellor of the Exchequer, Gordon Brown on October 30, 2006, generating immediate publicity and sparking intense debate about its findings and its policy proposals.
The report itself was a massive undertaking and resulted in a volume of almost 700 pages. Under the leadership of Sir Nicholas Stern, the former Chief Economist at the World Bank, the Stern Review was produced by a team of over 20 individuals and consultants from around the world. The teamâ€™s mandate was to bring analysis and evidence to the table for the purpose of understanding, promoting action, and shaping policy about climate change. The first part of the report examines impacts, risks, costs and targets. The second half of the report is devoted fully to policies.
Yale conference on Stern Review links:
Ditto: Videos of the debate
Roger Pielke, Jr.’s Prometheus links to analysis of the Stern Review: