British release report on economics of climate change

The British report arguing that the economic benefits of "strong, early action on climate change outweigh the costs" was released today. For full coverage, check the BBC. As I mentioned Friday, this is not just another economic study. The British government expects it to influence domestic and possibly international policy.

In a fine display of timing (sarcasm optional, perhaps it was intentional?), the NY Times has a front page story reporting that spending on energy technologies by both government and industry has been falling.