The climate deal reached between U.S, China and other great powers on Friday night is so vague, hastily hatched and non-binding President Obama isn’t even sure he’ll be required to sign it.
“You know, it raises an interesting question as to whether technically there's actually a signature… It's not a legally binding agreement, I don't know what the protocols are,” said a bleary-eyed Obama, before hopping in Air Force One for the trip back to Washington.
Even as he left, it wasn’t clear that the pact Obama described as “meaningful” would even pass muster with the European Union – or attract enough votes with the 193-nation COP 15 conference to become an official declaration.
"It’s a catastrophe," said Dan Joergensen, a member of the European delegation. "We’re so far away from the criteria that was set up in order to call it a success, and those weren’t really that ambitious to start with."
Saturday, December 19, 2009
They don't call him Zero for nuthin...
Posted by traderrob at 5:01 AM