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Tag Archives: Nicholas Stern

Climate Change Congress: Stern words

By Liz Kalaugher

“I realise most of you here are scientists and not economists and that is your fault,” were the first words of Nicholas Stern of the London School of Economics at his plenary talk at the Copenhagen Climate Congress.

Later he laid out the pros and cons of both carbon trading and carbon tax schemes. “Don’t let anyone kid you that a tax scheme is clearly the best,” he said.

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