We can bail out a bank with billions overnight, but it seems we can't decide what to do when it comes to energy
This week's scientific review meeting in Copenhagen shows that climate scientists are no longer bothering to suppress their desperation for policy action on climate change. Their latest horror discovery is the potential loss of most of the Amazon rainforest no matter what we do about emissions.
Lord Stern wondered whether politicians really understand how bad it is going to be if we don't act. In his influential 2006 report, he now admits, he underestimated the speed of global warming and the economic costs of its impacts. We have to allocate at least 20% of national stimulus packages to fighting climate change, he now professes.
At the British government's Low Carbon Industrial Strategy summit last week, the rhetoric suggested that Messrs Brown, Mandelson and Miliband very much understand the extent of the threat.
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