Launching the review into the economics of climate change by the Treasury economist Sir Nicholas Stern, the prime minister said: "Without radical measures to reduce carbon emissions within the next 10-15 years, there is compelling evidence to suggest we might lose the chance to control temperature rises."
The review said a "business as usual" model could result in temperatures rising by 5C above pre-industrial levels, leading to a cut of 5-20% in global living standards.
31 October 2006
Britain to push for global climate deal by 2008
Lookslike attention really has been got here. Let's hope it follows through and makes a difference.
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"Spend and tax" not "tax and spend"
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