Right carbon there are some trade are but once we start to try and reduce Carbon Emissions well be surprised but it wasnt as hard. For. You some questions yes we have a gentleman. Over common from the business joins us to tell us more about these two guys again the other two men whove won the oil and exactly tell us a bit more about these mit so William Nordhaus of Yale University hes called the the father of Climate Change economics hes been doing this kind of Research Since the seventys hes a true pioneer in that field and then we have full roam of New York University He Small Looking Into Innovation Technological Change and how this drives growth theyve both been rumored to actually win the nobel prize for a couple of years now and i finally have and i guess its interesting that hes been working on this topic for such a long time because it gives him
a really good insight into how things are changing but tell us more about what theyve specifically been rewarded for so nordhaus is es
A really good insight into how things are changing but tell us more about what they ve specifically been rewarded for so nordhaus is essentially asking how can we grow the economy without destroying our planet this is a big question he s set up a model in which he sees and investigates the connections that the economy and the climate have and in that with this model you can predict how policies like a carbon tax that has been discussed for many years now what effect that would actually have a global warming. on the other side as i said before he s talking about technology and how this affects growth he says ideas are very sensual to keeping growth alive but only in certain circumstances is it is that ideas can actually you know come to life so what circumstances are these that s his research of ok so in other words it s not always a good idea may not always be good or good for the environment at least no. i find