William Nordhaus an economist
at Yale, came up with the idea of a carbon tax and developed a model
for determining the price tag of climate change.Credit
Christopher Capozziello for The New York Times
WASHINGTON
— In the New Mexico of the 1950s, the two brothers grew up steeped in
the beauty of the landscape, the economics of energy and the power of
science. They skied, fly-fished, explored on the family’s 50,000-acre
sheep ranch, watched oil towns go boom and bust, and talked of the
nuclear weapons up the road at Los Alamos.
Today
the work of Robert and William Nordhaus is profoundly shaping how the
United States and other nations take on global warming.
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