July 25, 2009
In two of his recent op-eds for the New York Times, Nobel laureate Paul Krugman has challenged critics of the government's intentions to regulate carbon dioxide emissions, and he has even specifically endorsed the pending Waxman-Markey bill which includes a "cap-and-trade" program. According to Krugman, the costs of such legislation are no big deal, and in exchange we avert catastrophe. So why all the criticism?




