Yale tries an internal tax on carbon

November 2, 2015
Two years ago, when Jennifer Milikowsky ’15MBA, ’15MF, was a student, she moderated a teach-in panel about solutions to climate change. One of the panelists, Sterling Professor of Economics William Nordhaus ’63, was asked what Yale could do, and he suggested offhandedly that the university implement its own internal carbon-pricing program — a system that would reward or penalize units within Yale for decreasing or increasing their carbon emissions. The idea stuck with Milikowsky. She wrote a memo about it that found its way to President Peter Salovey ’86PhD.
Two years later, Milikowsky and Ryan Laemel ’14 find themselves sharing an office in Yale’s facilities department, getting ready to launch what Yale believes is the first-ever carbon-pricing experiment in a university.
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