Why Economic Analysis Supports Strong Action on Climate Change: A Response to the Stern Review's Critics

@article{Dietz2008WhyEA,
  title={Why Economic Analysis Supports Strong Action on Climate Change: A Response to the Stern Review's Critics},
  author={Simon Dietz and N. Stern},
  journal={Review of Environmental Economics and Policy},
  year={2008},
  volume={2},
  pages={94 - 113}
}
Economic research that opposes the strategy of strong and urgent reductions in greenhouse gas emissions often makes the observation, misleadingly, that while scientists, environmentalists, politicians, and others would favor strong action, economists would not. Drawing on the Stern Review on the Economics of Climate Change, this paper argues that strong and urgent action is in fact good economics. Much of the previous economic literature on climate change has failed to grasp the necessary scale… Expand
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