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
it very interesting that this announcement comes on the very day that climate activists saying we ve really got to do something now to save our planet is the timing a coincidence i mean absolutely the report that came out underlines once again that is one of the biggest challenges that we re facing and i think this prize just shows the economy is such a big contributor to climate change to global warming so it actually just makes sense to look for solutions there and the committee has awarded these these two economists who are looking for answers on exactly these big questions so the timing is just right thank you very much for coming in today this year s winners of the noble economics prize as you heard there william nordhaus and pull roma thank you very much turbulent times a comic a dyna the company s financial chief has surprisingly announced he will step down his contract is due to expire at the end of next year but he s told the cop make is