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Write an essay in which you make an argument for or against a national policy in the
United States to combat climate change using carbon pricing.
Include the following in your essay:
1) Provide evidence from an outside source of the economic costs of climate change, either to the
nation or the world. Try to find a dollar estimate of the costs while keeping in mind that it is
difficult to accurately calculate such costs.
2) Explain how these costs are an example of market failure (i.e. demonstrate that you understand
the concept of environmental externality).
3) Use a second outside source to propose a solution to the problem of climate change.
a. Does your solution use carbon pricing in some form? How would it reduce greenhouse
gas emissions?
b. If your solution does not use carbon pricing, why do you think it is a better approach to
reducing greenhouse gas emissions?
4) make sure that you cite your sources with the (source, year) in the text and a link at
the end.
5) don’t forget to include a clear and detailed thesis statement early in the essay.

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