Stern Review Flashcards
1
Q
What is the stern review?
A
report examining economic impacts of CC
2
Q
Who came up with it?
A
Sir Nicholas Stern
3
Q
What was the theory?
A
That mitigation costs outweigh do nothing costs
4
Q
What are some mitigation costs?
A
Implementing energy efficient tech. into homes and buildings
Switch to renewable energy
Investing in low emission & public transport
Tax carbon emissions
Capture & store carbon emissions
5
Q
What are some do nothing costs?
A
Increasing farming & food
More environmental migration & refugees
Increased water costs
Food security aid needed
Increased healthcare costs
Infrastructure - coastal defences
High insurance premiums in hazardous climate