In a lecture at the end of December, Lord Stern reiterated his message that the business community and politicians need to act, and act now, on carbon emissions if we are to avoid, what he termed, a catastrophe by the next century.
He also stressed that that this challenge could be an exciting opportunity to become involved in a new technological revolution to rival the industrial revolution. It is disappointing that his lecture was given just before the start of the Copenhagen Summit on Climate Change and that much of the content of his lecture referenced the critical importance of a substantive accord coming out of COP15 (which, as we now know, never happened).
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