The Climate Casino

*The Climate Casino* by William Nordhaus explores how economic decisions impact climate change and how climate change affects the economy. It explains that acting early to reduce greenhouse gases can be expensive but helps prevent costly damages from global warming, such as extreme weather, rising sea levels, and ecological disruption. The book emphasizes the importance of using economic tools and policies, like carbon pricing, to encourage responsible behavior while acknowledging uncertainties and the need for thoughtful planning. Overall, it highlights the complex balance between economic growth and environmental sustainability.