Climate crisis: economists ‘grossly undervalue young lives’, warns Stern

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

Economists have failed to take account of ‘immense risks and potential loss of life’, says author of landmark review

Many economic assessments of the climate crisis “grossly undervalue the lives of young people and future generations”, Prof Nicholas Stern warned on Tuesday, before theEconomists have failed to take account of the “immense risks and potential loss of life” that could occur as a result of the climate crisis, he said, as well as badly underestimating the speed at which the costs of clean technologies, such as solar and wind energy, have fallen.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

An abject failure in real world economics, Stern succeeds by telling his new paymasters what they want to hear…succeeds in securing his income. Bjorn Lomborg gets it more right for me.

Everyone has a slight bias for the present and, apparently, economists are no exception. When I see these stories, I have no idea which predictions about climate change are really accurate and which are exaggerated. To me, it just makes sense to plan for the worst.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Joanna Lumley says wartime-style rationing could help solve climate crisisActor proposes system under which people would have limited points to spend on holidays and luxury items Sod rationing. Joanna Lumley, net worth of $16.5m, owner of a mansion & fleet of cars, traveller of the world, polluter/carbon contributor, tells people to ration to help climate crisis (perhaps lead by example first?) They just can't help themselves, can they - these nostalgia-ridden, masochistic supporters of the Brexit sado-populists? In practice, it usually means rationing only for the little people, though, doesn't it?
Source: The Guardian - 🏆 84. / 53 Read more »

Climate crisis: greenhouse gas levels hit new record, UN reportsThe data send a ‘stark’ message to the nations tasked with increasing action at the Cop26 climate summit, UN meteorology chief says Well duh. It's beginning to look like the only thing that will save the environment is the collapse of the human population, though a few successive agricultural and fishery failures and the starvation and migration of hundreds of millions might get some attention. Thank God for greenhouse gases, especially the major player, H2O, for there would be no life on Earth without them. sandra_hurley So basically speaking, all of the wind energy installed at massive cost has proved to be completely useless at reducing emissions
Source: The Guardian - 🏆 84. / 53 Read more »

COP26: Nicola Sturgeon says credible action needed on climate crisisThe first minister is calling for 'credible action, not face-saving slogans' from COP26. Credible action is needed on Nicola Sturgeon, too. She’s hiding in a cupboard in the SECC till the conference starts What crisis?
Source: BBCNews - 🏆 3. / 97 Read more »

Youth empowerment is first step to solving the climate crisisNext-generation entrepreneurs must use innovation to understand environmental challenges and tackle them, say speakers on the second day of the Saudi Green Initiative (SGI) Forum
Source: The Independent - 🏆 80. / 59 Read more »

Saudi Aramco boss warns not to 'demonise' hydrocarbon industry despite global push to hit climate targetsThe state-owned Saudi Aramco is the world's third most valuable company, only behind the US tech firms Apple and Microsoft. It is also considered by some measures to be the biggest polluting company on the planet. TheHeavenlyChurch 예수님의 보혈을 높이는 삶만이 거룩한 크리스천 라이프스타일입니다. horrible
Source: SkyNews - 🏆 35. / 67 Read more »

Rishi Sunak ‘failing to spot growth benefits of greening the economy’Shadow chancellor Rachel Reeves says UK could fall behind in global race to exploit opportunities from tackling climate crisis It's all costs for the consumer, cars - more and poor infrastructure, heat pumps - not really that good and far too expensive compared to alternatives, wind power not reliable and intrusive. It's all politicised BS with the West paying while the rest of the world just carries on
Source: The Guardian - 🏆 84. / 53 Read more »