William Nordhaus
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The Uphill Battle to Reduce CO2 Emissions May Be Twice as Steep as Previously Thought
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A new study examines the role of uncertainty in modeling the social cost of carbon use. Its conclusions indicate that the optimal carbon dioxide tax and abatement level may be double the estimates of a widely used model.
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Once In A Centillion Years
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How much should we spend to avoid a very, very bad event that almost certainly won’t happen?
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When Costs Outweigh Benefits: Accounting for Environmental Externalities
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Beware of net negative value industries.