Once again, the Wall Street Journal's OpinionJournal section comes through with must read content. This time, there are two articles on global warming, both of which address the recent Stern report from the UK.

Here's an excerpt from the first article:
"Unlike the Stern report and its patrons, those of us who take a skeptical approach to these doomsday climate scenarios aren't trying to end the discussion. The Earth is warmer now than it was in the recent past, and this may be partly attributable to human behavior. But everything else--from how much warmer, to the extent of mankind's contribution, to the cost of doing something about it--remains very much in dispute.

Some of the Stern review's recommendations, such as carbon trading rights, are also worth debating. But most of its proposals are merely openings for government to expand its role in allocating investment, raising taxes and otherwise controlling economic decisions. Socialism was supposed to have died with the Soviet Union, but it is making a comeback under the guise of coping with global warming.

Meanwhile, there are far more urgent, and far less speculative, problems that we know how to solve with the right policies. That message may not get scary headlines, but it would improve the lives of more human beings around the world."

Here's an excerpt from the second article:
"The report on climate change by Nicholas Stern and the U.K. government has sparked publicity and scary headlines around the world. Much attention has been devoted to Mr. Stern's core argument that the price of inaction would be extraordinary and the cost of action modest.

Unfortunately, this claim falls apart when one actually reads the 700-page tome. Despite using many good references, the Stern Review on the Economics of Climate Change is selective and its conclusion flawed. Its fear-mongering arguments have been sensationalized, which is ultimately only likely to make the world worse off."

Please read them both, especially the second article by Mr. Bjorn Lomborg.