Leaders here concluded a climate change deal on Friday that the Obama administration called “meaningful” but that falls short of even the modest expectations for the summit meeting here..All indicators are the deal is one of those "suggestion" things. That will do nothing.
The agreement still needs to be approved by the 193 nations gathered here.
The accord addresses many of the issues that leaders came here to settle — and if signed, will represent an unprecedented effort by the nations of the world to take concerted steps to address global warming.
But the agreement appeared to leave many of the participants unhappy.
Even an Obama administration official conceded, “It is not sufficient to combat the threat of climate change, but it’s an important first step.”
“No country is entirely satisfied with each element,” the administration’s statement said, “but this is a meaningful and historic step forward and a foundation from which to make further progress.”
The statement added, “We thank the emerging economies for their voluntary actions and especially appreciate the work and leadership of the Europeans in this effort.”
But many of those emerging economies are likely to express displeasure. Europeans said the deal does not require enough of the United States, China and other major emitters and could put European industries at a competitive disadvantage because the European Union is already subject to a carbon emissions constraint program.
The accord drops the expected goal of concluding a binding international treaty by the end of 2010, which leaves the implementation of its provisions uncertain. It is likely to undergo many months, perhaps years, of additional negotiation before it emerges in any internationally enforceable form.
Nice try however. Pass the bill. Improve it later. Where have we heard that before, I wonder.
I'm going with the Economist on this one.
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