In research described as ‘a stark warning
nicholassternface Climate change cost much larger than expected, prize winning economist saysMADRID – British economist Nicholas Stern said the price of fighting climate change is now higher than he estimated in a 2006 study that earned him a 400,000-euro (530,000) Spanish award on Friday.
Stern won the BBVA Foundation award for measuring the economic cost of climate change, notably in his 2006 Stern Review which found it made more economic sense to combat climate change than to do nothing.
The economist’s ‘advanced economic analysis’ quantified the impacts of climate change and provided ‘a unique and robust basis’ for decision-making, said the jury in the Frontiers of Science Award.
It ‘fundamentally changed the international climate change debate and stimulated action,’ the jury said in a statement.
The Stern Review found world economic growth would contract by at least 20 percent if no action is taken, while a switch to a low-emissions economy would cost about one percent of global outpout a year.
Informed of the award on the eve of the announcement, Stern said he would revise the figures in his study if he was writing it now, according to statement by the BBVA Foundation.
‘The cost of cutting back emissions is more than we estimated, but […]
A once fertile landmass now submerged beneath the Persian Gulf may have been home to some of the earliest human populations outside Africa, according to an article published today in Current Anthropology.
Jeffrey Rose, an archaeologist and researcher with the University of Birmingham in the U.K., says that the area in and around this ‘Persian Gulf Oasis’ may have been host to humans for over 100,000 years before it was swallowed up by the Indian Ocean around 8,000 years ago. Rose’s hypothesis introduces a ‘new and substantial cast of characters’ to the human history of the Near East, and suggests that humans may have established permanent settlements in the region thousands of years before current migration models suppose.
In recent years, archaeologists have turned up evidence of a wave of human settlements along the shores of the Gulf dating to about 7,500 years ago. ‘Where before there had been but a handful of scattered hunting camps, suddenly, over 60 new archaeological sites appear virtually overnight,’ Rose said. ‘These settlements boast well-built, permanent stone houses, long-distance trade networks, elaborately decorated pottery, domesticated animals, and even evidence for one of the oldest boats in the world.’
But how could such highly developed settlements pop up […]
Calling it not only a national health issue but also a military one, Agriculture Secretary Tom Vilsack on Thursday proposed to overhaul the nutrition guidelines for public school meals for the first time since 1995, when Americans were mostly alarmed by the fat content of food.
The proposed rules are far more wide-ranging and would gradually reduce sodium, limit starchy vegetables, ban most trans fats, require fat-free or lowfat milk, increase whole grains, add more fruits and vegetables, and, for the first time, limit the number of calories children consume daily. The guidelines are consistent, Vilsack said, with first lady Michelle Obama’s Let’s Move initiative, which promotes healthier eating for children.
‘The numbers are rather troubling. We have today nearly a third of our youngsters at risk of being obese or, in fact, are obese in our schools,’ he said in a conference call Thursday. He added: ‘If we do not get our hands around the obesity epidemic in the United States by the year 2018, we will face nearly $344 billion of additional health-care costs. That’s money we won’t be able to spend on innovation and creating jobs and improving our education system.’
What’s more, Vilsack noted, the issue ‘raises some concerns […]
The Department of Homeland Security on Friday canceled a project to build a technology-based ‘virtual fence