 Climate change could devastate the global economy on a scale of the two world wars and the depression of the 1930s if left unchecked, a top economist has warned.Introducing the report by Nicholas Stern, the British government also said Monday that former U.S. Vice President Al Gore, who is now a vocal environmental advocate, is to serve as one of its advisers on the issue. The report's main argument is that the benefits of coordinated action around the world to tackle global warming will greatly outweigh any financial costs.But Stern, a former World Bank economist, who wrote the report commissioned by ministers, concludes that ignoring climate change could lead to huge economic upheaval."Our actions over the coming decades could create risks of major disruption to economic and social activity, later in this century and in the next, on a scale similar to those associated with the great wars and the economic depression of the first half of the 20th century," he said. ...
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