From Paul Krugman’s Sunday op-ed [emphasis mine]:
But the larger reason we’re ignoring climate change is that Al Gore was right: This truth is just too inconvenient. Responding to climate change with the vigor that the threat deserves would not, contrary to legend, be devastating for the economy as a whole. But it would shuffle the economic deck, hurting some powerful vested interests even as it created new economic opportunities. And the industries of the past have armies of lobbyists in place right now; the industries of the future don’t.
Indeed. The G20 summit meeting that just ended failed to come up with any kind of viable plan or steps toward establishing a plan wherein developed nations would pay for the low-carbon development and emissions reductions their actions necessitate. The result is the continuation of an immoral failure of the U.S. and other nations. We are not the greatest nations on Earth. We are countries of unsustainable resource consumers hell-bent on leaving future generations a severely depleted planet.