Can This Planet Be Saved?
By PAUL KRUGMAN

Recently the Web site The Politico asked Nancy Pelosi, the speaker of the House, why she was blocking attempts to tack offshore drilling amendments onto appropriations bills. “I’m trying to save the planet; I’m trying to save the planet,” she replied.I’m glad to hear it. But I’m still worried about the planet’s prospects.

True, Ms. Pelosi’s remark was a happy reminder that environmental policy is no longer in the hands of crazy people. Remember, less than two years ago Senator James Inhofe — a conspiracy theorist who insists that global warming is a “gigantic hoax” perpetrated by the scientific community — was the chairman of the Senate’s Environment and Public Works Committee.

Beyond that, Ms. Pelosi’s response shows that she understands the deeper issues behind the current energy debate.

Most criticism of John McCain’s decision to follow the Bush administration’s lead and embrace offshore drilling as the answer to high gas prices has focused on the accusation that it’s junk economics — which it is.

LINK TO CON.