William Nordhaus, the Yale University professor who pioneered the economic analysis of climate change, has died at age 87. A Nobel laureate, Nordhaus influenced global climate policy by integrating environmental science with macroeconomic modeling. His work helped move climate change into mainstream economic discourse, shaping how governments and institutions assess the costs of carbon emissions.
Nordhaus received the 2018 Nobel Memorial Prize in Economic Sciences for his contributions. His research remains a cornerstone for policymakers navigating the complex intersection of economic growth and environmental sustainability.
Source: New York Times Top Stories · Summarized by HeadlinesBriefing