Climate change economist duo bags Nobel prize

Oct 08, 2018, 6:34 AM EDT

The 2018 Nobel Prize for Economics has been awarded to two Americans, William Nordhaus and Paul Romer, who have spent years connecting the dots between human activity and its impact on global temperature over a century.

Announcing the award, the Royal Swedish Academy of Sciences lauded the duo for addressing “some of our time's most basic and pressing questions” pertaining to sustainable economic growth, notes the BBC.

After winning the award, an elated Romer, said on a phone call, that people think fixing the environmental issues is costly and hence they shrug off the matter, writes The Guardian. Romer added “humans are capable of amazing accomplishments” if only they don’t give up on the climate crisis.