From The Economist.
Expectations for the Copenhagen climate conference, held next month in Denmark, have been steadily dwindling. On Sunday November 15th, as Barack Obama toured Asia, he and the Danish prime minister, Lars Lokke Rasmussen, quietly agreed what many had anticipated—that no binding agreement would be reached at the conference. There is now no hope of new legal targets for emissions-reductions to replace those set out in the Kyoto Protocol and which will lapse in 2012. Instead the pair suggested that the best to be expected is a political deal on cutting emissions.
Some of the blame for this must be directed at Capitol Hill. Not only will Mr Obama now not sign a cap-and-trade bill before Copenhagen; the Senate is not even expected to pass one. The House of Representatives passed in June its version of cap-and-trade but the Senate, preoccupied by a debate over the reform of health care, has left climate talks to inch along slowly behind. John Kerry, one of the Senate’s cap-and-trade champions, now says he hopes for a vote on the bill only in the spring.
But American congressmen are not alone in shouldering responsibility. Each tortuous round of negotiations ahead of Copenhagen has lengthened the list of issues up for debate. The negotiating text is now a snarl of material that few parties can agree upon. And big developing countries have been almost as immovable as America, at least publicly. China’s president said in September that his country would in time cut the amount of carbon dioxide it emits per unit of GDP by a “notable amount”. But Sun Guoshun, a Chinese diplomat in Washington, says that a figure is unlikely to emerge before Copenhagen. India (a much smaller polluter) has steadfastly resisted binding targets for poor countries. Many in Washington believe that America, just as it did at Kyoto, will not accept a deal that requires nothing concrete on emissions from the developing world.
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