Tim Worstall has written a great piece on the latest report by Friends of the Earth on climate change effects and cost.
Do read the post yourself, but Tim shows just how woolly much of the thinking and number crunchig can be behind these so called 'studies'; the subject of many of my recent posts.
In fact his conclusion that we should do nothing is surely the opposite of what those writing the report wanted to happen.
You wonder if they even read their own report through properly. I did a Master's degree myself and if my thesis (which incidentally was on the idoicy of the UK joining the ERM) had the lack of coherent logic of this report I would still be re-writing it today!