From the RFF Connection (Resources for the Future’s Research and News Update):
Richard Newell and William Pizer, senior fellows at RFF, are the first recipients of the prize, which is sponsored by Dr. Glen Petry to encourage and recognize international research on the economic consequences of increased atmospheric concentrations of greenhouse gases. The award recognizes their paper “Discounting the Distant Future: How Much Do Uncertain Rates Increase Valuation?” published in the Journal of Environmental Economics and Management in July 2003.
To learn more about their work, please visit www.rff.org/petryprize.