William Nordhaus (Economist)

William Nordhaus is a prominent American economist known for his work on the economics of climate change. He developed the DICE model, which analyzes the interaction between the economy and the environment, helping to quantify the economic impacts of climate change and the costs of reducing greenhouse gas emissions. His research emphasizes the importance of addressing climate change through policies that balance economic growth with environmental sustainability. In 2018, he was awarded the Nobel Prize in Economic Sciences for his contributions to understanding how economic activity affects the climate and vice versa.