Raising the Cost of Carbon Dioxide

My name is Fatima and I am responding to William Nordhaus's suggestion to raise the cost of carbon dioxide on a global scale from his book Climate Casino on page 10. Raising the price of carbon dioxide has it's pros and cons. 

It is true that we as people need to unite and stop thinking like selfish independent countries. The fact that global warming is a world issue, the world needs to be united in agreement to take the steps to fix it. The decision to raise the cost or carbon dioxide effects all of us, not just our individual countries. We need to be willing to make the necessary adjustments in order to save OUR planet.

On the other hand, the United States of America is already in debt and raising the cost of carbon dioxide would just make matters worst for us financially. The upper class would be the only one would be able to afford to live here. Raising the cost of carbon dioxide would raise the cost of living. Basic necessities like heat and hot water would not be affordable for the average American. While the idea is great, it could possibly bring on the next great depression by putting the majority of US citizens in poverty. In my opinion we need to minimize our debt before we take on a big commitment such as this. The United States of America is just not ready for this change.