William D. Nordhaus

William D. Nordhaus is an influential American economist known for his work on the economics of climate change and energy. He was awarded the Nobel Prize in Economic Sciences in 2018 for developing models that link economic growth with climate change, showing how global warming can impact economic productivity. Nordhaus advocates for effective policies to combat climate change, such as carbon pricing, which incentivizes reducing greenhouse gas emissions. His research emphasizes the importance of balancing economic development with environmental sustainability, highlighting that climate action can be both an economic and ethical imperative.