The New York Times editorial board slammed the Koch brothers yesterday, arguing they are “disastrously wrong” about the science and economics behind climate change.
The Koch brothers are lobbying for passage of Prop 23, a ballot measure that would overturn California’s landmark global warming law, arguing that it would impose massive costs on many industries. The Koch brothers, according to the Times, have spent about $1 million in support of Prop 23, while Texas oil companies Tesoro and Valero have put in even more.
The Times said:
They have argued that the law will lead to higher energy costs and job losses, arguments that resonate with many voters in a state with a 12.4 percent unemployment rate. But this overlooks the enormous increase in investments in clean energy technologies — and the jobs associated with them — since the law was passed….
The Kochs and their allies are disastrously wrong about the science, which shows that man-made emissions are largely responsible for global warming, and wrong about the economics. AB 32’s many friends — led by Gov. Arnold Schwarzenegger of California — have therefore mounted a spirited counterattack in defense of the law.