Nobel Perspectives
Left alone, a free market economy won’t preserve the environment and conserve resources. Businesses can pollute, people can make bad environmental decisions. That’s why economists address how government intervention can help secure a clean and healthy environment. Can environmental economics help in the fight against climate change? How can we provide the right incentives for a transition to energy efficiency? Nobel Laureates discuss the challenges of climate change, renewable energy and the way to economic sustainability.
On this page
Why price carbon? A way to reduce the effects of human activities on the environment
There are few things almost all economists agree on, but a price on carbon is one of them. A reasonable solution to reduce the effects of human activities on the environment, many Nobel economists argue that the issue is still complex.
Recommended reading
Has this question inspired you?
Get the latest Nobel perspectives delivered to you.