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Nordhaus's lifelong ideological project to defend climate polluters from meaningful regulation has been well dissected. But it remains the bedrock of practically all mainstream climate policy (whose academic leadership, surprise surprise, are drenched in fossil-fuel-industry money)
William Nordhaus: A disputable Nobel [Prize]? Externalities, climate change, and governmental actionIn 2018 William Nordhaus was awarded the Nobel Prize in economics for his contributions to the macroeconomics of climate change. Nevertheless, Nordhaus since the early 1970s was engaged in an acade...www.tandfonline.com