nordhaus in A Sentence

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    William D Nordhaus.

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    William Nordhaus for integrating climate change into long run economic analysis.

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    Climate change- Nordhaus' findings deal with interactions between society and nature.

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    But Nordhaus' work is not about whether or not people and policymakers“believe” in climate change.

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    Prof Nordhaus(from Yale University) was the first person to create a model that described the interplay between the economy and the climate.

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    Nordhaus decided to work on this topic in the 1970s, as scientists had become increasingly worried about the combustion of fossil fuel resulting in a warmer climate.

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    Nordhaus showed this by perfecting models that simulated how such taxes and other inputs affect both the economy and climate, depicting how they co-evolve- known as“integrated assessment” models.

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    Yale economist William Nordhaus has devoted his life's work to understanding the costs of climate change and advocating the use of a carbon tax to curb global warming.

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    Nordhaus made a decision to work on this topic in the 1970s, as scientists had become increasingly anxious about the combustion of fossil fuel resulting in a warmer climate.

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    This year's Laureates William Nordhaus and Paul Romer have significantly broadened the scope of economic analysis by constructing models that explain how the market economy interacts with nature and knowledge.

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    Bringing together all the important issues surrounding the climate debate, William Nordhaus describes the science, economics, and politics involved- and the steps necessary to reduce the perils of global warming.

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    In fact, the report builds upon much of Nordhaus' work and warns that we have only about a dozen years to keep temperatures below 1.5 degrees Celsius to avoid environmental catastrophe.

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    This year's Laureates William Nordhaus and Paul Romer have notably widened the horizons for the scope of economic analysis by constructing models that explain how the market economy interacts with nature and knowledge.

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    One of them, American economist William Nordhaus, has built an economic model that essentially“shows” that it is better to spend money, not on preventing climate change today, but mitigating it in the future.

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    One of them, American economist William Nordhaus, has a built an economic model which essentially“shows” that it is better to spend money, not on preventing climate change today, but mitigating it in the future.

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