Sunday, November 15, 2009

We know the real reasons....

Barack Obama acknowledged today that time has run out to secure a binding climate deal at Copenhagen and began moving towards a two-stage process that would delay a legal pact until next year at the earliest.

During a hastily convened breakfast meeting in Singapore, the US president supported a Danish plan to salvage something from the moribund negotiations by aiming for a broad political agreement and postponing contentious decisions on emissions targets, financing and technology transfer.
Our friend, as always, put his finger on the real reasons years ago:

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