Skull and Bones Member William D. Nordhaus Wins Nobel Prize in Economics For " Integrating Climate Change Into Maco-Economic Analysis" | WHAT REALLY HAPPENED

Skull and Bones Member William D. Nordhaus Wins Nobel Prize in Economics For " Integrating Climate Change Into Maco-Economic Analysis"

The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2018 to William D. Nordhaus and Paul M. Romer

Laureate William Nordhaus’ research shows that the most efficient remedy for problems caused by greenhouse gas emissions is a global scheme of carbon taxes uniformly imposed on all countries. The diagram shows CO2 emissions for four climate policies according to his simulations.

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