The Guardian: Inequality makes climate crisis much harder to tackle

"Almost 15 years ago Nick Stern, then head of the UK Government Economic Service, produced a report on the economics of climate change in which he called the failure to deal with a heating planet the greatest market failure of all time. He argued that the benefits of early action outweighed the costs.

Last week Prof Stern, now chair of the ESRC Centre for Climate Change Economics and Policy and the Grantham Research Institute on Climate Change at the London School of Economics, said the threat was now being taken a lot more seriously. There were four reasons for that."

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