Energy execs: "Have they no grandchildren?"

Tom Friedman bookends his latest column with quips about myopic oil and coal executives protecting their profit margins by sacrificing their grandchildren:

Joe Romm, the climateprogress.org blogger, once said: The best thing about improvements in health care is that all the climate-change deniers are now going to live long enough to see how wrong they were. Alas, so are the rest of us….

[H]edge fund manager Jeremy Grantham… in his July letter to investors, noted: “Conspiracy theorists claim to believe that global warming is a carefully constructed hoax driven by scientists desperate for … what? Being needled by nonscientific newspaper reports, by blogs and by right-wing politicians and think tanks? I have a much simpler but plausible ‘conspiracy theory’: the fossil energy companies, driven by the need to protect hundreds of billions of dollars of profits, encourage obfuscation of the inconvenient scientific results. I, for one, admire them for their P.R. skills, while wondering, as always: “Have they no grandchildren?”

Posted by James on Monday, July 26, 2010