Carbon Emissions. Global warming. Climate Change.
Discussions regarding environmental degradation have risen dramatically in the last few decades. Greedy economic activities are often suspected of causing negative impacts on the environment. However, the idea of integrating environmental externalities into economic activities has started ever since. One of the first efforts was the DICE (Dynamic Integrated Climate-Economy) Model by William Nordhaus in 1992. What is it? How was it developed? Quo Vadis?
Checkout this https://bit.ly/TEORIE081221 to find the answers.
Salam,
Himiespa
Developing Future Economists
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