Prospects For A Real Deal In Copenhagen Look Bleak

UPDATE: On Thursday morning, Secretary of State Hillary Clinton appeared at the climate summit and announced that the United States would contribute to a $100 billion international fund starting in 2020--as long as major developing countries (this means you China) committed their emissions reductions to a binding agreement and submitted those reductions to transparent verification. This was a potential game-changer, shifting the focus of the summit in the last days to China and other emerging developing nations.

Read the whole story