What is it about?
The Naturally Optimized Revenue Demand in Communities NORDIC model improves the climate. A new and practical economic instrument facilitates climate management, based on the NORDIC model that induces economic incentives to decrease the climate changes.
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Why is it important?
Volatile weather is a global problem with huge consequences. When substantial changes in the atmosphere’s temperature occur, the profits can be reduced, creating a strong driving force for authorities to cope with climate change.
Perspectives
All over the world, my NORDIC model will improve the climate. Governments obtain a tool to monitor, manage and evaluate the atmosphere. Environmental authorities and politicians get a climate policy tool to raise the public awareness about climate change. Further research develops algorithms for certain climates and citizens.
Dr. Jan Stenis
Swedish state
Read the Original
This page is a summary of: An Economic Instrument to Improve the Climate in Sweden, Theoretical Economics Letters, January 2020, Scientific Research Publishing, Inc,,
DOI: 10.4236/tel.2020.104047.
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