You read it here first

But now you can read it here, in the New Yorker, with facts and figures, greater detail, and an elegance with language that I can only dream of. Oh, and a more negative prognosis than my own: I am naive enough to believe (actually it is more "hope") that the economic collapse that is now upon us can be turned to advantage by investing in infrastructure that will actually further reduce the world's carbon emissions when the economy hots up again. More fool me.