He said that the current financial crisis demonstrated the consequences of not dealing with dangerous risks early enough and with sufficient international co-operation.
Warning that there were "two kinds of danger" posed to efforts to tackle climate change by the present fear of recession, Lord Stern said: "One is people can only concentrate on a limited number of things at the same time.
"The second is people will be sensitive to cost increases, and those will have to be managed carefully... There's a danger: it needs leadership."
Given a choice between managing a global economic meltdown and spurious claims about tinkering with a harmless trace gas in the atmosphere, I think I know which most people would choose.
Read it here.
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