Sublime

Apocalypse Never: Why Environmental Alarmism Hurts Us All, Shellenberger

Specifically, Nordhaus recommends that policymakers time the implementation and increase of carbon taxes so that the world heats up not 1.5 or 2° Celsius, but 3° Celsius around 2100. As he told the Nobel audience: “in the DICE model . . . the cost-benefit optimum rises to over 3°C in 2100—much higher than international policy targets.”15

Nordhaus designed the first cost-benefit climate model in the early 1990s, naming it the “Dynamic Integrated Climate Economy”

Though these actions are worth taking, a fixation on voluntary action alone takes the pressure off of the push for governmental policies to hold corporate polluters accountable. In fact, one recent study suggests that the emphasis on small personal actions can actually undermine support for the substantive climate policies needed.3 That’s quite

The New Climate War,

In February 1992, he unveiled the Nordhaus model, DICE, which stands for Dynamic Integrated Climate Economy.

The take-home message from Schelling’s story—that incentives sometimes backfire—is familiar to psychologists.

Elmer M. Ellsworth, a special assistant to Governor Winship, was a member of this hand-picked jury.