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Quantifying The Intagible: How LM3 Cuts Through The Haze Of Partisan Agendas (LM3 Profile)
On October 30th, 2006 Sir Nicholas Stern released his Review, The Economics of Climate Change. Stern described climate change as an economic externality which is an economic transaction that generates a positive or negative (re pollution, global warming etc.) effect for an uninvolved third-party such as the general public.

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