A Sterner Review from RFF
Via Joe Romm at Climate Progress this report by Thomas Sterner and Martin Persson from the leading US environmental thinktank, Resources for the Future*, endorsing the key conclusions of the Stern Review. (Given the apt surname of the first author, it’s called “An Even Sterner Review”).
As in my own assessment, Sterner and Persson argue that Stern underestimates nonmarket damages from climate change.
For a related comment on a piece by Ron Bailey, with lots of useful links, including an earlier version of this paper, here’s Tokyo Tom