This important criticism was published in the October - December 2006 edition of World Economics.

The Stern Review: A Dual Critique (239.41 kB)

Part I: The Science
Robert M. Carter, C. R. de Freitas, Indur M. Goklany, David Holland
& Richard S. Lindzen
Annex: The Stern Review’s Mishandling of Basic Observational Data 195
Part II: Economic Aspects 199
Ian Byatt, Ian Castles, Indur M. Goklany, David Henderson, Nigel Lawson,
Ross McKitrick, Julian Morris, Alan Peacock, Colin Robinson & Robert Skidelsky
Annex: The Stern Review and the IPCC Scenarios

The claim is made by Nicholas Stern in his famous "Review" that "the science of global warming is settled" and that the consequences of not addressing CO2 emissions will be so expensive that there is no time to waste. We all must simply put aside doubts and invest in "the low carbon future".

Given these assumptions, he goes on to "prove" that a small investment in low carbon technology today will yield rich results in the future and prevent the catastrophe that "the science" predicts.

In this seminal work, published in World Economics in 2006, the eminently better qualified authors dispute the science and raise serious doubts about the economics.