The Senate Energy & Natural Resources Committee held a hearing today to appraise the Stern Review -- a major report on the economic impacts of global warming. Testifying for the first time before Congress is Sir Nicholas Stern, left, head of Britain’s Economic Service, former World Bank chief economist and author of the namesake report.
Background: In 2005, the British government asked Sir Nicholas to undertake this major independent study. Stern assembled a team of top economists, scientists and other specialists. It took one year to gather and analyze the data, and they presented their findings last October. That assessment attracted a remarkable amount of international attention.
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