climate economics

The Climate Gamble

Paul Krugman has a review of a new book by William Nordhaus about climate policy.  By way of preface, I should say that Nordhaus is not particularly popular with environmentalists, who have generally considered him as too conservative in his policy recommendations.  Nordhaus does, however, more or less define the mainstream view — he’s very …

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Debunking the Denialists

William Nordhaus, the distinguished climate change economist, has written a response to the Wall Street Journal‘s latest exercise in climate skepticism.  He does an excellent job of responding to many of the standard claims of climate skeptics. For one thing, the WSJ op-ed misrepresented Nordhaus’s own findings.  According to the op-ed, Nordhaus’s research supported “a …

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