Summary of After Nobel in Economics, William Nordhaus Talks About Who’s Getting His Pollution-Tax Ideas Right
Looking for the article?
We have the summary! Get the key insights in just 5 minutes.
With the Trump administration dismissing the idea of climate change – and even rolling back some efforts to deal with it – a sense of urgency in handling the phenomenon’s impacts is emerging. Nobel Prize-winning economist William D. Nordhaus presents his thoughts on why carbon taxes could work, if implemented properly. His succinct and illuminating question-and-answer session with journalist Coral Davenport of The New York Times offers a quick primer on the issues involved for policy experts, economists and citizens concerned about climate change.
In this summary, you will learn
What consequences climate change is creating,
Why the cap-and-trade approach to limiting pollution isn’t working, and
How policy makers can use carbon taxes to reduce emissions.
About the Author
Coral Davenport is a reporter who covers energy and environmental policy for The New York Times.