Yale Symposium on the Stern Review

Full Text  (PDF — opens in new window)
Table of Contents (PDF — opens in new window)
Participants (PDF — opens in new window)
Graphs (PDF — opens in new window)

Video of event

Introduction & Presentation
Part 2 — Presentation
Part 3 — Presentation
Part 1 — Discussion
Part 2 — Discussion
Part 3 — Discussion

Part one: Presentation

Introduction (PDF — opens in new window)

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

Chapter 1: Findings of the Stern Review on the Economics of Climate Change (PDF — opens in new window)

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

Chapter 2: PAGE Modeling System (PDF — opens in new window)

Chris Hope, University of Cambridge

Chapter 3: Questio​n and Answer (PDF — opens in new window)

Question & Answer

Chapter 4: Cl​osing Remarks (PDF — opens in new window)

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

Part two: Comments

Chapter 5: W​illiam Nordhaus, Yale University (PDF — opens in new window)

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 (PDF — opens in new window)

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

Chapter 7: G​ary Yohe, Wesleyan University (PDF — opens in new window)

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 (PDF — opens in new window)

Scott Barrett

Chapter 10: Jeffrey Sac​hs, Columbia University (PDF — opens in new window)

Jeffrey Sachs

Chapter 11: Reaction to the Panelists: Sir Nicholas Stern

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

Chapter 12: Panelist Responses (PDF — opens in new window)

Panelist Responses

Chapter 13: Final Comm​ents (PDF — opens in new window)

Final Comments

Chapter 14: Concluding Remarks (PDF — opens in new window)

Ernesto Zedillo