Nobel Prize Economist William Nordhaus Has a Solution for Climate Change at the Yale Alumni in Energy Conference 2019

NEW YORK, April 10, 2019 /PRNewswire-PRWeb/ -- Yale University Professor of Economics William D. Nordhaus was the keynote speaker this year at the Annual Yale Alumni in Energy Conference in New Haven, Connecticut, on March 29, 2019. He chose this opportunity to advocate an approach to solving the equation of achieving international cooperation to mitigate and reduce adverse climate change. His approach is based on the model of a "club": a group of nations, such as the G7 or the G20, might form a voluntary club of "members" agreeing to work together, and the agreed rules of the "club" would require tariffs and penalties to be imposed on imports from all non-members as well as allowing the financial benefits of free trade to occur among all the members of the "club."

The Yale Energy Conference is unique in its commitment to invite all Yale Alumni wherever they might work across the entire spectrum of energy and power. Accordingly, at this year's meeting, there were speeches from advocates of renewable energy and power as well as reports from alumni committed to the fossil fuel industry. It is a private invitation-only meeting in order to encourage candor among friends.

As a result of this ecumenical approach, the alumni panelists this year included both CEO of Transformation, Walter Schindler, who spoke on "Financing Renewables," and Randy Nelson, an energy developer in Texas and Oklahoma.

The Yale Conference was founded eleven years ago by Ed Hirs, a Yale educated geologist whose energy expertise spans the entire spectrum of energy and who is a BDO Fellow for Natural Resources as well as a prolific author who has been interviewed by Forbes, The Houston Chronicle, The New York Times, Bloomberg Business News, NPR, and national networks ABC, CBS, NBC and Fox.

This year there was a special guest, Peter Clark Rockefeller, who is himself a strong advocate for sustainability, with a focus on agricultural sustainability.

Mr. Rockefeller is the Vice Chairman of Rockefeller Philanthropy Advisors and Managing Director of Brock Capital Group. He attended the Yale Conference this year as the guest of Walter Schindler, who reported that the two of them are currently working together to help organize the first AIM Summit in Geneva, where Mr. Rockefeller will deliver the opening speech on agricultural sustainability.

The World Economic Forum's Katherine Brown, Head of Sustainable and Impact Investing, will be moderating several panels of the AIM Summit in Geneva focused on sustainability.

"The AIM Summit in Geneva will address one of the most critical issues of our time as it will introduce global investors to the vast array of opportunities that are key to advancing the innovations in technology that are essential for meeting the food supply of a world population that is projected to be a staggering 9 billion by 2050," says Lee Tashjian of the World Economic Forum's Global Council.

SOURCE Transformation, LLC