Abstract
In this note we comment on the three related documents (The “Oxonia papers”) that were issued at the end of January 2006 as the first fruits of the Stern Review of the economics of climate change. These comprise a discussion paper entitled “What is the Economics of Climate Change?”, Sir Nicholas Stern’s Oxonia Lecture with the same title, and a short Technical Annex on “The science of climate change”. Except where otherwise indicated, the page references that follow are to the discussion paper. We believe that these documents constitute a false start: they do not provide a sound basis for the further work of the Review team. If the Review exercise is to serve a useful purpose, its treatment of the issues has to be more inclusive, more informed, and less dominated and constrained by questionable or mistaken presumptions.
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