Climate change 2007: What price a cooler future?

The article critically discusses the views expressed in the Nicholas Stern Report. The article questions the valuation methods to estimate the reduction of greenhouse gases by the year 2050. The article also present differing views from scientists on how the present generation should value the future generation's welfare. The article concludes with the comment by economist Ottmar Edinhofer at the Postsdam Institute of Climate Impact Research that the focus should be on reducing emissions.