What's in a name

Lord Stern launches climate economic research centre - Financial Director

Lord Nicholas Stern, the author of the government funded Stern Review, has today launched a UK research centre into the economic and policy implications of climate change.

The Centre for Climate Change Economics and Policy, called the ESRC, has already received backing from insurance company Munich Re, who has donated £3m to the centre.
...
The Centre will be chaired by Lord Stern, directed by Judith Rees, from the London School of Economics, and Andy Goulson at the University of Leeds. They have received a £5m grant from the UK Economic and Social Research Council

The centres objectives are to find emission reduction strategies that will prove efficient, equitable and acceptable to both the public and private sectors and to answer questions on what industries to invest in, when and what measures need to be taken to reduce vulnerability to climate change including the cost of such actions.

Complete insanity

Secretary of State Hillary Rodham Clinton today announced that Todd Stern will serve as her special envoy for climate change, signaling that the issue will be a key one for her department.

In this role, Stern will be the country's lead climate negotiator at the United Nations and other international summits.

"President Obama and Secretary Clinton have left no doubt that a new day is dawning in the U.S. approach to climate change and clean energy. The time for denial, delay and dispute is over," said Stern at a press conference today announcing his appointment.

"Containing climate change will require nothing less than transforming the global economy from a high-carbon to a low-carbon energy base," he said. "But done right, this can free us from our dependence on foreign oil and become a driver for economic growth in the 21st century."