Excerpt:
"Why does this matter? The Stern Report uses the cherry-picked information as the basis for one of its important conclusions about the projected costs of climate change(on p. 138),
The costs of climate change for developed countries could reach several percent of GDP as higher temperatures lead to a sharp increase in extreme weather events and large-scale changes.To support its argument the Stern Report further relies on a significantly flawed report from the Association of British Insurers, which we critiqued here. It’s (sic) presentation of the future costs of disasters and climate change is highly selective to put it mildly."
Update: A Second Hand Conjecture piles on with another thorough fisking. Stern must feel fairly meek by now.
