Saturday, April 21, 2007

STINews: Insurance bill for global warming

April 21, 2007
STINews: Insurance bill for global warming

By Andy Ho

IN LATE 2006, the British government released a 700-page report put together by its chief economist, Sir Nicholas Stern. The study was commissioned 'to understand more comprehensively the nature of the economic challenges (of climate change) and how they can be met in the UK and globally'.

The British government, incidentally, used its chairmanship of the United Nations Security Council this month to make climate change a council issue, much to the unhappiness of other UN agencies.

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