A PRODUCTIVITY Commission paper has criticised the influential Stern review on global warming for making value-laden assumptions that inflated estimates of the economic costs of warming. The internal staff working paper, released as Australia prepares its own version of the Stern review, called the original British review's conclusions "as much an exercise in advocacy as it is an economic analysis of climate change". It acknowledged Nicholas Stern's contribution to the field, but said it was impossible to say whether some assumptions were "definitively right or wrong".
Aust 25 Jan 2008
About the Editor
- Rod Benson
- Sydney, Australia
- Rod Benson is an ethicist and public theologian with the Tinsley Institute.
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