“The hallmark of Bill’s work is the transparency and the intuition that goes into it,” he said. “He is just amazing at seeing the essence of a problem and clarifying that in a transparent way to the reader.”
As a longtime champion for carbon pricing as a solution to climate change, Nordhaus helped inspire what has become the Yale Carbon Charge Project
In fact, it was during a 2014 Earth Day panel event, organized by F&ES Prof. Daniel Esty
, that the initiative was born. During the event, an F&ES student asked the panel about Yale’s role in reducing carbon emissions. In an offhand comment, Nordhaus, one of the panelists, suggested, “Yale could implement an internal carbon tax.”
The idea gained traction. Within a year Yale President Peter Salovey
appointed a task force, chaired by Nordhaus, to examine whether a carbon tax might help the university achieve its sustainability goals. Then, after a six-month pilot program, the university introduced an internal carbon-pricing initiative that now incentivizes lower energy consumption in 250 buildings across Yale.