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November 15, 2009 No world climate deal at Copenhagen
We can all breathe a little easier. It appears the enormously complex climate treaty being negotiated that would cede vast amounts of authority to the UN over sectors of the US economy will not be ready in time for the meeting in Copenhagen early this December.
Helene Cooper of the New York Times reports: At a hastily arranged breakfast on the sidelines of the Asia-Pacific Economic Cooperation summit meeting on Sunday morning, the leaders, including Lars Lokke Rasmussen, the prime minister of Denmark and the chairman of the climate conference, agreed that in order to salvage Copenhagen they would have to push a fully binding legal agreement down the road, possibly to a second summit meeting in Mexico City later on. The next climate treaty will almost certainly give the UN power to regulate at least some elements of the world energy industry. This ceding of sovereignty will be pushed as the only hope to save the world from global warming. Good thing it's proving more difficult to figure out how to do this than anyone thought. Pushing this "grand bargain" down the road means that there's still time to head it off. |
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