Climate change could lead to greatest market failure ever: Nicholas Stern

Climate economist Nicholas Stern said he had understated the risks of climate change and the case for taking action in his landmark 2006 report titled the Stern Review on the Economics of Climate Change that said climate change could lead to the greatest market failure ever.

Stern, who has been tracking the impact of the latest climate science on economics, said the consequences have been far more devastating than he thought.

https://www.hindustantimes.com/environment/climate-change-could-lead-to-greatest-market-failure-ever-nicholas-stern/story-oS6cyIVNP1v92jot5Q9hyO.html

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