Morning Brief: ‘What we really want to do’ about carbon

“What we really want to do is raise the price of carbon emissions,” Nobelist and Yale University economics professor William Nordhaus tells the Washington Post in an interview that frames the future control path around two needs: carbon pricing and “strong support” for low-carbon technologies. The two issues can work together, Nordhaus tells the Post , with carbon pricing providing “the helping hand of government support of new low-carbon technologies.” He says the strategy could replace a “sledgehammers”...