Azara Blog: Delaying carbon emission reductions allegedly costs more

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Date published: 2006/10/04

The BBC says:

The world must act now to curb climate change, as doing nothing will cost more long-term, UK officials have said.

British government official and former World Bank chief economist Sir Nicholas Stern said pursuing alternative energy made economic and environmental sense.

He was addressing a closed-door meeting in Mexico of representatives of 20 of the world's most-polluting nations.

The two-day gathering hopes to reach agreement on ways to meet future energy demands while cutting emissions.
British Environment Secretary David Miliband quoted findings reached by Sir Nicholas in his report, which was commissioned by the UK government.

"He shows that the longer action is delayed, the more expensive it is," Mr Miliband said.

"What he says is that... it is imperative we take action to prevent further climate change because the economic costs - never mind the human costs and the costs to the environment - will far outweigh the costs of mitigation."

Quite possibly true, but no doubt the error bars are huge so take it all with a pinch of salt. And if Miliband is so keen on action being taken, perhaps he should start by promising that he and the rest of the government will not fly anywhere. (Ah, but sacrifices are for the little people.)

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