Nordhaus, William D. - In: Journal of Economic Literature 45 (2007) 3, pp. 686-702
How much and how fast should we react to the threat of global warming? The <i>Stern Review</i> argues that the damages from climate change are large, and that nations should undertake sharp and immediate reductions in greenhouse gas emissions. An examination of the <i>Review</i>'s radical revision of the...