In her latest Forbes column, Reason Foundation Senior Analyst Shikha Dalmia argues that Sen. Harry Reid's new energy legislation rings the death knell of the global warming movement as we know it. As Dalmia writes:
This is not just my read of the situation; it is also that of Paul Krugman, the Nobel laureate-turned-Democratic-apparatchik. In his latest column for The New York Times, Krugman laments that "all hope for action to limit climate change died" in 2010. Democrats had a brief window of opportunity before the politics of global warming changed forever in November to ram something through Congress. But the Reid bill chose not to do so for the excellent reason that Democrats want to avoid an even bigger beating than the one they already face at the polls….