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The Global Deal [Kindle Edition]

Nicholas Stern
3.4 out of 5 stars  See all reviews (10 customer reviews)

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Book Description

In October 2006, Nicholas Stern, one of the greatest economists and public intellectuals of our day, made headlines around the world with his report, which reviewed the costs and benefits of dealing with global warming. The world-s community has learned that it must act to mitigate global climate change, but until the Stern Review, no one knew how much it would cost, and how to do it. Now, Stern has transformed his report into a powerful narrative book for general readers. The Global Deal evaluates the economic future, and the essential steps we must take to protect growth and reduce poverty while managing climate change. The future Stern outlines is optimistic and pragmatic; he believes we have the capacity and creativity to change. But we need the will to inspire our political leaders to drive a new global strategy.


Editorial Reviews

Review

Kirkus, 3/15
“Erudite and effective”

Bill McKibben, New York Review of Books
“2009 may well turn out to be the decisive year in the human relationship with our home planet. By December, when the world’s leaders plan to gather in Copenhagen to sign a new global accord on global warming, we’ll know whether or not our political systems are up to the unprecedented challenge that climate change represents….Nicholas Stern’s new book provides the best scorecard we have for keeping track of this drama as it unfolds.”

About the Author

PROFESSOR LORD STERN (Nicholas Stern) was adviser to the United Kingdom government on the economics of climate change and development from 2005 to 2007. He was also chief economist and senior vice president of the World Bank. His research and publications have focused on the economics of climate change and the role of the state and economies in transition.

Product Details

  • File Size: 718 KB
  • Print Length: 260 pages
  • Page Numbers Source ISBN: 1586486691
  • Publisher: Public Affairs; 1 edition (April 27, 2009)
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B0026A6C40
  • Text-to-Speech: Enabled
  • X-Ray:
  • Lending: Not Enabled
  • Amazon Best Sellers Rank: #1,049,905 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

3.4 out of 5 stars
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3.4 out of 5 stars
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Most Helpful Customer Reviews
6 of 7 people found the following review helpful
4.0 out of 5 stars Very Good May 23, 2009
Format:Hardcover
This concise and very good book is fine effort at public education. Stern, the leader of the now well known Stern Report on response to climate change, presents an outline of and argument for a rational and well considered approach to addressing global warming. The publication of this book stems partly from the fact that the next major conference on global climate change will occur later this year in Copenhagen. Stern clearly hopes that this conference will result in an effective international commitment to address global warming, and this book is partly an effort to raise awareness of approaches to address global warming and partly, I think, an indirect lobbying effort on Stern's part to push his approach.

The departure point for this book is the idea that anthropogenic global warming is a real and very serious problem. The opening chapters are a brief survey of the idea of anthropogenic global warming and why it poses an extremely serious threat. This is not, however, a systematic review of the science but rather a brief presentation of a platform for the policy prescriptions that follow. An in depth review is not, however, necessary due to the overwhelming nature of the evidence for global warming and its potential consequences. If you're not prepared to at least consider the possibility that global warming is a real and serious problem, then this book is not for you.

Stern lays out some commonsense principles for his proposed approach; policies must be effective, efficient in the sense that they cause the least economic disruption, and equitable. The last is particularly important and highlights an important point made repeatedly by Stern.
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6 of 8 people found the following review helpful
4.0 out of 5 stars A constructive solution to a global crisis June 15, 2009
Format:Hardcover
Nicholas Stern is not an abstract intellectual. He is the former Chief Economist of the World Bank and was chosen by the British Government to produce the famous 2007 Stern report on global warming. His point is very important. Climate change is more than a science problem. It is a global economic and political problem. The chances of solving this problem are zero if there is not some sort of "global deal" between rich and poor nations. Europe and America put most of the carbon in today's atmosphere, and it's going to be there a long time. They should pay a larger global share than other nations to clean up the mess they made. Furthermore, many poor nations simply cannot afford to pay for the transition from old polluting technologies to new clean energy. Sadly, I am not as optimistic as Stern. I do not see a willingness of the rich to pay what is needed. For a greater perspective on the whole global environmental situation, I would recommend Plan B 3.0: Mobilizing to Save Civilization (Substantially Revised). If you want to read the original 2007 Stern report you can get it on Amazon The Economics of Climate Change: The Stern Review.
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5 of 7 people found the following review helpful
5.0 out of 5 stars Well-Structured, Credible, and Important! June 21, 2009
Format:Hardcover
Successfully confronting climate change is directly related to also reducing America's balance of payments and air pollution; it is also key to progress on helping the world's poor. "The Global Deal" provides an excellent source of information for moving forward. The author's credibility is vouched for by his having been Chief Economist at the World Bank from 2000-2003, first holder of the I. G. Patel Chair at the London School of Economics, Chair of the Grantham Institute for Climate Change and the Environment (2008- ), his election as an Honorary Fellow of the American Academy of Arts and Sciences, and his being recruited by Gordon Brown to conduct reviews on the economics of climate change and economic development.
The danger from climate change, says Stern, is not primarily in the added heat, but from water - an increase in the number and severity of storms, droughts, floods, and rising seal levels. A 5 degree C increase is estimated to be the limit that could be incurred without extreme damage - yet, it is the same change (opposite direction) that brought the extreme of last ice age 10,000 years ago.

Poor countries are the least responsible for the existing stock of greenhouse gases, yet get hit the earliest and hardest by their effects. China has overtaken the U.S. to become the world's largest producer of greenhouse gases; Indonesia and Brazil are third and fourth - mainly the result of deforestation and peat fires. Rich country populations represent about one in six today, by 2050 they will represent only one in nine. Thus, meeting the energy needs of the poor will be more essential than ever.

Stern cites estimates that the Amazon forests store about 10X the carbon emitted globally/year; those same forests store about 10X/acre as northern native forests.
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3 of 4 people found the following review helpful
3.0 out of 5 stars Worthy, informative but boring January 10, 2010
By A Dalek
Format:Hardcover
Stern provides a good overview of the basic issues of global climate change policy. His exposition is geared to a reader with little knowledge of the subject, and for those who have a strong need to know these things the book is very useful. The most interesting and thought provoking section is on discount rates for benefits and costs for future generations: is there any moral justification for valuing the welfare of future generations less than our own? This and other economic questions are dealt with clearly. If there is a fault with the book it is Stern's dry and boring style. There is a lack of humor, of engaging anecdote, or any commentary on man's foibles. The tone is unrelentingly serious and prescriptive. This is a good basic textbook and guide, but it is not a great book.
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