There will be many bad memories from the summer of 2010. We’ve seen the worst oil disaster <6> in U.S. history, record temperatures <7> across the globe, calving ice chunks <8> the size of Manhattan, record heat waves and wildfires in Russia <9>, and floods in Pakistan <10> submerging one-fifth of the country. These extreme weather events are consistent with scientists’ predictions about global warming <11>, and they portend more catastrophes to come as greenhouse gas pollution <12> spews unchecked from power plants, vehicles, and factories <1>.
But as the case for action grew more urgent Big Oil, Dirty Coal, and other energy companies redoubled their efforts to block congressional adoption of global warming pollution reductions. With that effort successful they are now scheming to stop the Environmental Protection Agency from following the law <13> and setting reduction standards for the largest polluters.
Reductions would effectively establish a price on carbon pollution that would increase incentives to invest in clean energy technologies <14>, create jobs, and enhance international competitiveness. The United States needs these investments now more than ever as it falls further behind international competitors like China <15> that are forging ahead with investments in clean energy technologies that create jobs, stimulate economic growth <16>, and increase their international competitiveness.
http://climateprogress.org/2010/09/27/dirty-money-oil-companies-special-interest-polluters-spend-millions-to-kill-climate-bil/