The Climate Casino--


William Nordhaus in his book, "The Climate Casino", suggests that raising the prices of Carbon Dioxide will solve the issue of global warming. What does it mean to raise the price of Carbon Dioxide? How do you charge people for Carbon Dioxide? It pretty much means to raise prices on things that produce Carbon Dioxide. Cars and gasoline as well as toxin producing services we use everyday such as buses, (MTA) are just a few examples of things that would increase in price in order to control the CO2 in the environment according to Nordhaus. He argues that this is an issue on a global level rather than just local. I understand his point of view but I would definitely have to disagree with Nordhaus. People are overwhelmed with so many expenses nowadays that it just makes no sense to charge people or raise the price of these services that we rely on to complete basic tasks throughout the day. People produce CO2 just by breathing, does that mean we should be charged for that as well? A large population does not even believe in global warming, let alone know that it even exists, and others are suggesting that we charge for Carbon Dioxide? I can see why one may think that charging people for something may cause them to limit their usage. Therefore, I think this idea is unrealistic, unreasonable and doesn't solve the issue at hand.