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Yale Symposium on the Stern Review



Stern Review

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Part One: Presentation of the Stern Review


Ernesto Zedillo, Director, Yale Center for the Study of Globalization

Chapter 1: Findings of the Stern Review on the Economics of Climate Change

Sir Nicholas Stern, UK Government
Why Bother About Climate Change?
The Economics of Climate Change
Analytical Framework of the Stern Review
Policy Issues

Chapter 2: PAGE Modeling System

Chris Hope, University of Cambridge

Chapter 3: Question and Answer

Question & Answer

Chapter 4: Closing Remarks

J. Gustave Speth, Dean, Yale School of Forestry and Environmental Studies

Part Two: Comments on the Stern Review

Chapter 5: William Nordhaus, Yale University

Opposite Ends of the Globe
Areas of Agreement and Disagreement
Review, Reproducibility, and Modeling
The Discounting Controversy
Economic Modeling With Low Discount Rates
Summary Verdict

Chapter 6: William Cline, Peterson Institute for International Economics

My Earlier Results
The Discount Rate
How Rapidly Does Marginal Utility Drop Off?
When to Act?

Chapter 7: Gary Yohe, Wesleyan University

Gary Yohe

Chapter 8: Robert Mendelsohn, Yale University

Robert Mendelsohn

Chapter 9: Scott Barrett, Johns Hopkins University, Paul H. Nitze School of Advanced International Studies

Scott Barrett

Chapter 10: Jeffrey Sachs, Columbia University

Jeffrey Sachs

Chapter 11: Reaction to the Panelists: Sir Nicholas Stern

The Role of Integrated Assessment Models in Policy Analysis
Alternative Strategies and the Structure of Risks
Social Costs of Carbon and Radical Policy
"Political Constraints" and Peer Review
Additional Points
Response to Scott Barrett and Jeffrey Sachs

Chapter 12: Panelist Responses

Panelist Responses

Chapter 13: Final Comments

Final Comments

Chapter 14: Concluding Remarks

Ernesto Zedillo

Copyright 2007 Yale Center for the Study of Globalization