Nicholas Stern Quotes


If coal is going to be used, the only response - because it is the dirtiest of all fuels - is that we have to learn how to do carbon capture and storage and we have to learn how to do it quickly on a commercial scale.


Citations

Stern, Nicholas. Interview. The Guardian, Guardian News & Media, 2009.

Related Quotes

His assertion that wind energy is less expensive than the fossil fuel alternative is not accurate if one accounts for the costs on the basis of conventional accounting methods. It was at that time more expensive which is why it’s use was limited. However, the existing methods of accounting did not charge the fossil fuels for the environmental degregation that they cause and the cost to society to overcome these or live with them. More important there is no charge to the cost of fossil fuels for the deleterious health effects that their extraction and use cause. Global warming / climate change is not considered at all in the economic analysis.


Nicholas Stern
Nicholas Stern
  • Born: April 22, 1946
  • Nationality: British
  • Profession: Economist

Nicholas Herbert Stern, Baron Stern of Brentford, CH Kt FRS FBA FAcSS is a British economist and academic. He is IG Patel Professor of Economics and Government and Chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics (LSE), and 2010 Professor of Collège de France. From 2013–2017, he was President of the British Academy.