Topic > "A small price for a big benefit" - 685

Introduction and summaryOne of today's hottest issues is climate change. The growing evidence of the danger caused to our planet by global warming is still faced by many who doubt, but The main point of Robert H. Frank's New York Times article, "A Small Price for a Big Benefit" is that the urgent nature of this issue ultimately leaves no room for doubt MIT's Integrated Global Systems Model, which predicts how much the overall global temperature will rise by the end of the century If the evidence provided is true, then we are headed rapidly downward and must make some rapid changes to survive If the evidence are not true, then we have spent money on a risk that did not actually occur. Frank's point is that the marginal money spent on preventing a potential problem is not a large cost spend.AnalysisThe argument made in this. article is that a carbon tax is a small price to pay for the benefit of keeping planet Earth habitable for the next century. If we are there...