William D. Nordhaus Quotes

William Dawbney "Bill" Nordhaus is an economist and Sterling Professor of Economics at Yale University, best known for his work in economic modeling and climate change.

✵ 31. May 1941
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William D. Nordhaus: 4   quotes 0   likes

Famous William D. Nordhaus Quotes

“We have to be grown-ups, I think [when discussing the payment of funds today to prevent climate harm which may be decades in the future]. There are lots of things we do where the investments come way, way in the future. Educating 4-year-olds... that's an investment that goes way into the future as well.”

"Economist Says Best Climate Fix A Tough Sell, But Worth It." http://www.npr.org/2014/02/11/271537401/economist-says-best-climate-fix-a-tough-sell-but-worth-it National Public Radio. February 11, 2014.

“When I talk to people about how to design a carbon price, I think the model is British Columbia. You raise electricity prices by $100 a year, but then the government gives back a dividend that lowers internet prices by $100 year. In real terms, you’re raising the price of carbon goods but lowering the prices of non-carbon-intensive goods.”

"After Nobel in Economics, William Nordhaus Talks About Who’s Getting His Pollution-Tax Ideas Right: A few governments — notably, parts of Canada and South Korea — have adapted his ideas in ways that frame them as a financial windfall for taxpayers." https://www.nytimes.com/2018/10/13/climate/nordhaus-carbon-tax-interview.html The New York Times. Oct. 13, 2018.

“Carbon prices must be raised to transmit the social costs of GHG emissions to the everyday decisions of billions of firms and people.”

A Question of Balance: Weighing the Options on Global Warming Policies (2008), p. 168

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