David Roberts at Grist, sadly calls it like it is. The prospects for US Cap and Trade legislation have diminished to very-close-to absolute zero, 0 kelvin, not celsius.
What this means, given that Obama just went in front of 115 Heads of State to suggest a target of 17% below 2005, is going to be answered very soon. The first soft deadline for countries to put their pledges to the Copenhagen Accord appendixes is fast approaching.
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