Thursday, February 15, 2007

Workshop on the Economics of the Stern Review

A lot has been written on the Stern review on this blog and many others. The Department of Economics and the Institute for Energy Research and Policy both at the University of Birmingham have now put together a Workshop on the Economics of the Stern Review on the 9th March 2007.

The Workshop includes some of the most influential economists working in this area (see below). The panel and floor discussion promises to be a lively affair. See the post below for registration details etc. Places may be limited.

Contact David Maddison if you have any questions.

Invitation to attend a workshop on climate change

Birmingham University’s Department of Economics and the Institute for Energy Research and Policy are holding a one day workshop entitled “The Economics of the Stern Review”.

The workshop will be held in the European Research Institute of the University of Birmingham and is billed as an academic debate between the proponents and opponents of the Stern Review of the Economics of Climate Change.

The workshop takes place on Friday 9th March at 0930–1745. More details including information about the speakers can be found by visiting the workshop website:

The speakers of the workshop and a summary are included below:

The Economics of the Stern Review

There have been numerous economic analyses of climate change of which the Government commissioned Stern review is merely the most recent. But whereas earlier reports recommended what some environmentalists would regard as surprisingly modest reductions in GHG emissions, the Stern review advocated far more ambitious cutbacks. The findings of the report were quickly embraced by political leaders of all the main parties in the United Kingdom. But in the months following its release a number of economists in Europe and the US have expressed their doubts regarding the Stern Review.

The purpose of this workshop is to understand why Stern emerges with policy prescriptions which appear to differ from those supplied by previous economic analyses of the climate change problem. Did earlier analyses neglect important aspects of the climate change problem which Stern has managed to address or has the economic and scientific literature upon which they relied moved on? Or is the case that the Stern Review itself is in some respects deficient? The workshop brings together leading members of the Stern Review, contributors to the Review process and economists who have been openly critical of the Stern Review.

Date and time

Friday 9th March 2007 at 0930-1745.


The European Research Institute, Pritchatts Road, University of Birmingham, Birmingham B15 2TT

Workshop fees

Staff and students of the University of Birmingham FREE

Staff and students of other universities £50

All others £200

You can pay the workshop fee at the University of Birmingham online shop by clicking here and scrolling down to “Department of Economics”. You will need a credit card. Note that places are strictly limited and that we cannot unfortunately accept payment on the day.

Schedule of events

09.30 Welcome

09.35 Dimitri Zenghelis (HM Treasury)

10.30 David Maddison (University of Birmingham)

11.15 Coffee and Biscuits

11.45 Dennis Anderson (Imperial College London)

12.30 Lunch

13.30 Richard Tol (Economic and Social Research Institute Dublin)

14.45 Cameron Hepburn (University of Oxford)

15.30 Coffee and Biscuits

16.00 Panel Discussion

17.00 Open Floor Discussion

17.45 End of the Workshop


The workshop is being organised by the Department of Economics and the Institute for Energy Research and Policy, University of Birmingham.

For more information please contact David Maddison on +44 (0)121 414 6653 or

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