April 12, 2020
Project Background With climate change remaining a prevalent concern amongst many Americans for the foreseeable future, there has been some debate about how to approach the issue. Some consider the failure to act now a proverbial nail in the coffin, while others are optimistic that the rate of technological change will eventually help sort out this problem. William Nordhaus, who has been referred to as the leading mind in the economics of climate change, addresses the issue as a matter of careful cost-benefit consideration.