William Nordhaus Quotes

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Attempts to estimate the impacts of climate change continue to be highly speculative.

William Nordhaus

Putting a low price on valuable environmental resources is a phenomenon that pervades modern society. Agricultural water is not scarce in California; it is underpriced. Flights are stacked up on runways because takeoffs and landings are underpriced. People wait for hours in traffic jams because road use is unpriced. People die premature deaths from small sulfur particles in the air because air pollution is underpriced. And the most perilous of all environmental problems, climate change, is taking place because virtually every country puts a price of zero on carbon dioxide emissions.

William Nordhaus

The strategy behind the Kyoto Protocol has no grounding in economics or environmental policy.

William Nordhaus

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

William Nordhaus

William Nordhaus

William Nordhaus

Born: May 31, 1941 (age 81)

Bio: 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.

Known for:

Economics (1948)
Managing the global commons (1994)

William Nordhaus on Wikipedia

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