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Tag Archives: Public good

Nordhaus on Climate Change

In his Nobel lecture (reprinted in the June issue of the American Economic Review), William Nordhaus concludes that we should focus on four goals: First, people around the world need to understand and accept … Those who understand the issue must speak up and debate contrarians who spread false and tendentious reasoning. … Second, nations must establish policies that raise the price of CO2 and other greenhouse-gas emissions. … Moreover, we need to ensure that actions are global and not...

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