Economic Indicators

Carbon tax gets renewed attention but still faces resistance

Advocates of taxing fossil fuels believe their position is stronger now because of an alarming new report on climate change and a Nobel Prize awarded to by two American economists, but neither development is likely to break down political resistance to a carbon tax.

Snapshots of Nobel economics winners Nordhaus and Romer

NAME: William Nordhaus BIRTHDATE: May 31, 1941 BIRTHPLACE: Albuquerque, New Mexico DOCTORATE: Massachusetts Institute of Technology (1967) CURRENT JOB: Economist, Yale University ACCOMPLISHMENTS: Pioneered climate-change economics, creating models to help guide policymakers.