The Nobel Prize for Economics 2018 was awarded in equal parts to William D. Nordhaus for “integrating climate change into long-term macroeconomic analysis” and Paul M. Romer for “integrating technological innovation into long-term macroeconomic analysis”. William D. Nordhaus is co-author of the book “Global Carbon Pricing” in which he, together with C-SEB members Peter Cramton and Axel Ockenfels, proposes solutions for climate change through an International CO2 Pricing System. The C-SEB congratulates Prof. Nordhaus and Prof. Romer on this outstanding award.
More information