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Today at Copenhagen, Nicholas Stern admits his 2006 Stern Report underestimated the gravity of the problem - not so much the economics of it, or in terms of the more recent data coming in, but the stunning lack of political response:

Today at Copenhagen, Nicholas Stern admits his 2006 Stern Report underestimated the gravity of the problem - not so much the economics of it, or in terms of the more recent data coming in, but the stunning lack of political response:

"Do the politicians understand just how difficult it could be? Just how devastating 4, 5, 6 degrees centigrade would be? I think not yet. Looking back, the Stern review underestimated the risks and underestimated the damage from inaction."

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