Oil and coal money, gutless lawmakers killed climate bill
(NEWSER) - Climate change legislation looks dead, and Paul Krugman knows what killed it. “It wasn’t the science, the scientists, or the economics,” he writes in the New York Times . It was “the usual suspects: greed and cowardice.” A carbon limitation would put at most a tiny dent in economic growth, but two industries would face negative impacts: oil and coal. Can you guess which industries are the biggest contributors to cap-and-trade’s most vociferous opponents? More»