William Nordhaus: He is professor at Yale University. He was first person to create economic model that describes global interplay between economy and the climate in the 1990s. This model had showed that the most efficient remedy for problems caused by greenhouse gases is a global scheme of universally imposed carbon taxes.

Paul Romer: He is professor at New York University’s Stern School of Business. He has showed that how economic forces govern willingness of firms to produce new ideas and innovations. This had laid foundations for new model for development, known as endogenous growth theory.