William Nordhaus ‘63, Sterling Professor of Economics who won a Nobel Prize in 2018 for integrating climate change into long-run macroeconomic analysis, died Oct. 30 at age 85.
Working on climate change in the 1970s, William Nordhaus built a model published in 1992, where he tried to measure the future costs of greenhouse gas emissions to determine the present price of emission activities.
William Nordhaus passed away Friday, October 30 at the age of 85. The economist had received the Nobel Prize in Economics in 2018 for his pioneering work on the environmental economy.