William D. Nordhaus, 2018 Nobel Laureate, Dies at 85
Updated
Updated · The New York Times · Nov 2
William D. Nordhaus, 2018 Nobel Laureate, Dies at 85
3 articles · Updated · The New York Times · Nov 2
Summary
William D. Nordhaus, the Yale economist who helped make carbon pricing a central climate-policy idea, died Friday at 85.
Beginning in the 1970s, Nordhaus argued that taxing carbon dioxide was the most efficient way to curb global warming without inflicting severe economic damage.
His work shaped government policy debates worldwide and earned him a share of the 2018 Nobel Prize in economics.
Fossil fuel interests fiercely resisted his proposals, funding attacks on carbon taxes and helping limit the political reach of ideas that became foundational in climate economics.