By PAUL KRUGMAN, Op-Ed Columnist at NYT
Published: July 25, 2010
"So it wasn’t the science, the scientists, or the economics that killed action on climate change. What was it?
The answer is, the usual suspects: greed and cowardice.
If you want to understand opposition to climate action, follow the money. The economy as a whole wouldn’t be significantly hurt if we put a price on carbon, but certain industries — above all, the coal and oil industries — would. And those industries have mounted a huge disinformation campaign to protect their bottom lines.
By itself, however, greed wouldn’t have triumphed. It needed the aid of cowardice — above all, the cowardice of politicians who know how big a threat global warming poses, who supported action in the past, but who deserted their posts at the crucial moment. "
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