In his New York Times blog, Nobel Prize-winning economist Paul Krugman berates those touting high economic damage from making carbon cost.

Attacking Robert Samuelson's blog, he says:

"I don’t especially mean to pick on Samuelson, but this column exemplifies a strange thing about the climate change debate. Opponents of a policy change generally believe that market economies are wonderful things, able to adapt to just about anything — anything, that is, except a government policy that puts a price on greenhouse gas emissions. Limits on the world supply of oil, land, water — no problem. Limits on the amount of CO2 we can emit — total disaster."