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30. Nov. 2015 · Yale economist William Nordhaus first defined the 2-degree benchmark in a 1977 paper, "Economic Growth and Climate: The Carbon Dioxide Problem." Since then, the figure has stood as a rallying cry ...
William Dawbney „Bill“ Nordhaus (* 31. Mai 1941 in Albuquerque, New Mexico) ist ein US-amerikanischer Wirtschaftswissenschaftler und Träger des Alfred-Nobel-Gedächtnispreises für Wirtschaftswissenschaften 2018. Er ist Sterling Professor für Volkswirtschaftslehre an der Yale University .
8. Dez. 2018 · A climate club has incentives to overcome free-riding. Club members “pay dues” through costly abatement. Non-members are penalized through tariffs. Proposal here involves a regime with two features: Target carbon price, say $50 per ton CO2. Penalty tariff on non-participants, say 3% uniform. So the “dues” to the club are expensive ...
william.nordhaus@yale.edu. Phone. 203-432-6071. Office Address. 28 Hillhouse Ave, Room A201. CV. Website. William Nordhaus was born in Albuquerque, New Mexico. He has been on the faculty of Yale University since 1967, has been Professor of Economics since 1973, and is also a Professor at the Yale School of the Environment.
William D. Nordhaus. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2018. Born: 31 May 1941, Albuquerque, NM, USA. Affiliation at the time of the award: Yale University, New Haven, CT, USA. Prize motivation: “for integrating climate change into long-run macroeconomic analysis”. Prize share: 1/2.
6. Dez. 2015 · The two-degree maximum appeared initially in papers written by the Yale economist William Nordhaus in the mid-1970s. As “a first approximation” he suggested the world should not warm more than ...
Applying this model, Nordhaus derived various warming pathways.As you can see in the Nobel Prize lecture, the result of the DICE model draws different warming pathways. The cost-benefit optimum would be a global temperature rise of 4-degree Celsius by 2150. 4-degree warming will cause damages of 15$ trillion and the abatement costs related to this rise in temperature are 3$ trilli