William Nordhaus

Fraser Institute News Release: UN climate goal of limiting warming to 1.5°C contradicts expert advice; significant costs compared to estimated benefits

Retrieved on: 
Tuesday, July 27, 2021
Articles, Climate change, Organizations, William Nordhaus, Intergovernmental Panel on Climate Change

At the Earth Day 2021 Summit, Canada declared its intent to reduce emissions to 40 to 45 per cent below 2005 levels by 2030.

Key Points: 
  • At the Earth Day 2021 Summit, Canada declared its intent to reduce emissions to 40 to 45 per cent below 2005 levels by 2030.
  • This action is based on the assertion in the United Nations Intergovernmental Panel on Climate Changes (IPCC) 2018 Special Report on 1.5C Warming, which showed such measures would yield net benefits to society.
  • It argued that 2C warming would have bigger impacts than 1.5C, but it did not say that the policies to hit the lower target would be worth the cost.
  • Research by leading economists, including Nobel laureate William Nordhaus, has shown such policy targets fail standard cost-benefit tests, says Robert P. Murphy, senior fellow at the Fraser Institute and report co-author.

Nobel Prize Economist William Nordhaus Has a Solution for Climate Change at the Yale Alumni in Energy Conference 2019

Retrieved on: 
Wednesday, April 10, 2019
William Nordhaus, Yale University, Learned societies, New Haven, Connecticut, Economists

NEW YORK, April 10, 2019 /PRNewswire-PRWeb/ --Yale University Professor of Economics William D. Nordhaus was the keynote speaker this year at the Annual Yale Alumni in Energy Conference in New Haven, Connecticut, on March 29, 2019.

Key Points: 
  • NEW YORK, April 10, 2019 /PRNewswire-PRWeb/ --Yale University Professor of Economics William D. Nordhaus was the keynote speaker this year at the Annual Yale Alumni in Energy Conference in New Haven, Connecticut, on March 29, 2019.
  • He chose this opportunity to advocate an approach to solving the equation of achieving international cooperation to mitigate and reduce adverse climate change.
  • The Yale Energy Conference is unique in its commitment to invite all Yale Alumni wherever they might work across the entire spectrum of energy and power.
  • Accordingly, at this year's meeting, there were speeches from advocates of renewable energy and power as well as reports from alumni committed to the fossil fuel industry.