ABS-CBNNEWS -- Krugman-- Every breath you take

Last week the Bush administration announced new rules that would effectively scrap “new source review,” a crucial component of our current system of air pollution control. This action, which not incidentally will be worth billions to some major campaign contributors, comes as no surprise to anyone who pays attention to which way the wind is blowing (from west to east, mainly -- that is, states that vote Democratic are conveniently downwind).

Administration officials still insist, of course, that they plan to proceed with clean air measures. And it’s possible that they will eventually do the right thing. But don’t hold your breath waiting. In fact, it might be a good idea to breathe deeply now, while you still can.

He also argues that the Republican backed system of trading pollution credits, "Clear Skies," is probably dead. Libertarian Republicans lose to the pocketbooks of huge corporations.