nicholas stern

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Tuesday 11th December

Stern Reviewed

Sir Nicholas Stern - these days a minor deity in the international firmament - spoke at a debate this evening on the new UNDP report on climate change and development.

Stern (whose name is invoked an average of 3,421 times an hour around the Bali conference centre) has become an unrivalled oracle for what climate change will cost, both if fixed and if left unchecked.

But one fact seldom noted is that his report focuses on keeping greenhouse gases below a level of 550ppm - a target that now looks quite dated, with most commentators talking about 450ppm or even lower.

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