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

Green economics: Do we have to choose between growth and sustainability?

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.

Can environmental economics provide a solution to climate change?

The human impact on the environment is the topic of the century and plans to mitigate the effects are on the table across the globe. With the number of environmental economists on the rise, are we closer to a climate change solution?

Can people be nudged into better behavior using choice architecture?

While most people care about the human impact on the environment, they do little to change their own behavior. Can economists use choice architecture to nudge people into making more sustainable decisions

We’re committed to a sustainable future

Driving change in the world needs leadership. As one of the world's largest wealth managers, we have a responsibility to take a leading role in shaping a positive future.

Recommended reading

Has this question inspired you?

Get the latest Nobel perspectives delivered to you.