This is the AI Energy and Climate Podcast. In 2006, Lord Nicholas Stern released a landmark report for the

British government on the economics of climate change. The report, which came to be known as the

Stern Review, argued that the economic costs of inaction on climate change far outweigh the costs

of action. The report's been very influential, shaping policies not just in the UK, but around the world.

A few months ago, Lord Stern, a professor and chair of the Grantham Research Institute at the London School of Economics,

released a new book called The Growth Story of the 21st Century, The Economics and Opportunity

of Climate Action. The book examines the drivers of economic growth in the decades ahead

and argues that a well-structured transition to a more sustainable economy will both reduce

greenhouse gas emissions and set the world on a path to prosperity and development.

I think the book's destined to become a classic in the literature on climate change as well.

And it can be downloaded for free from the website of the London School of Economics Press.

And meanwhile, Lord Stern has also been working on topics very central to this podcast,

the role of artificial intelligence in the energy system and climate change.

Lord Stern, his fellow economist Dr. Mattiah Romani, a partner at Systemic, and several other colleagues,

released an important paper in nature last year, exploring the

potential for AI to reduce emissions of greenhouse gases in the years ahead.

The paper includes some rigorous economic modeling and concludes, and I quote, the case

for using AI for the climate transition is not only strong but imperative. I was delighted to have a

chance to discuss these topics with both Lord Stern and Dr. Romani recently. I hope you enjoy our

conversation. Lord Nicholas Stern and Dr. Mattia Romani. Thank you for joining us on the AI

Energy and Climate Podcast. I know you're both very busy. We're thrilled that. Thank you for joining us on the AI Energy and Climate Podcast.

I know you're both very busy. We're thrilled that you're able to join us today. It's very nice to be with you, David. I'm, of course, Nick, as you know, and it's a pleasure to be here alongside my good friend and collaborator, Mattia. Great to be here. Thanks for having us, David. it. Well, Nick, I'd like to start with you because you have a new book out.

...