Under the mitigation of damages doctrine, a party that suffers damages as a result of a breach of contract has a legal duty to mitigate those damages by taking reasonable action, wherever practicable, to avoid additional injury and minimize its loss.

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Overall, I believe it is fair to say that the Stern Review consistently leans toward (and consistently phrases issues in terms of) assumptions and formulations that emphasize optimistically low expected costs of mitigation and pessimistically high expected damages from greenhouse warming relative to most other studies of the economics of climate change.

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