# Prof. Michael Spence discusses climate change at the World Economic Forum in Davos

1 Faculty News January 23, 2015 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](http://dealbook.nytimes.com/2015/01/23/leaders-in-davos-urge-quick-action-to-alter-the-effects-of-climate-change/?_r=0) -- "But time is running out before the effects of climate change become irreversible, the panelists said. 'We have to go very quickly,' said [Michael Spence](http://w4.stern.nyu.edu/faculty/bio/a-michael-spence), professor of economics at the New York University Stern School of Business. 'We have a window of a very small number of years after which we cannot win the battle to mitigate fast enough to meet the safety goals.'"

[Read more](http://dealbook.nytimes.com/2015/01/23/leaders-in-davos-urge-quick-action-to-alter-the-effects-of-climate-change/?_r=0)