Unit 2: Climate change and the Stern report

Here is a summary of the Stern report

http://news.bbc.co.uk/1/hi/business/6098362.stm

and 2 clips from BBC news


http://www.bbc.co.uk/mediaselector/check/nolavconsole/ukfs_news/hi?redirect=st.stm&news=1&bbram=1&bbwm=1&nbram=1&nbwm=1&nol_storyid=6099316 >


< http://www.bbc.co.uk/mediaselector/check/nolavconsole/ukfs_news/hi?redirect=st.stm&news=1&amp;bbram=1&bbwm=1&nbram=1&nbwm=1&nol_storyid=6097362 >

a) What negative externalities associated with climate change does he identify?
b) What measures does he suggest the UK Government should undertake to alleviate the market failure
c) Evaluate the likely success of such policies if implemented by the UK government

One other source of opinions on the climate change debate is You Tube; put "Climate change" in the search box and you can find plenty of varying opinions!