Climate Gate – All the manipulations and lies revealed 130

“No doubt under the agreement China will continue to get a free climate pass despite its role as the world’s No. 1 emitter. At Copenhagen the emerging economies nonetheless proved skilled at exploiting the West’s carbon guilt, and in exchange for the non concession of continuing to negotiate next year, or the year after that, they’ll receive up to $100 billion in foreign aid by 2020, with the U.S. contributing the lion’s share.

We can’t wait to hear Mr. Obama tell Americans that he wants them to pay higher taxes so the U.S. can pay China to become more energy efficient and thus more economically competitive.”

http://online.wsj.com/article/SB10001424052748703523504574604130737360364.html

DECEMBER 19, 2009

Copenhagen‘s Lesson in Limits

And we don’t mean carbon limits.

Whatever led President Obama to believe that his personal intercession at the climate-change summit would achieve something major, his very presence in Copenhagen made ”a significant breakthrough” a political imperative, no matter how flimsy. And that’s exactly what a senior Administration official called a last-ditch deal—details to come—in a media leak as we went to press last evening and the conference headed into overtime.

Mr. Obama’s inexplicable injunction yesterday that ”the time for talk is over” appears to have produced an agreement to continue talking. The previous 12 days of frantic sound and pointless fury showed that there isn’t anything approaching an international consensus on carbon control. What Copenhagen offered instead was a lesson in limits for a White House partial to symbolic gestures and routinely disappointed by reality.

Apparently, the agreement provides ”the foundation for an eventual legally binding treaty,” but that same ”foundation” has been laid many times before. Copenhagen was supposed to deliver ”legally binding” limits. However, the successor to the 1997 Kyoto Protocol became a pre-emptive dead letter because countries like China, Brazil and India said they were unwilling to accept anything that depressed their economic growth.

No doubt under the agreement China will continue to get a free climate pass despite its role as the world’s No. 1 emitter. At Copenhagen the emerging economies nonetheless proved skilled at exploiting the West’s carbon guilt, and in exchange for the non concession of continuing to negotiate next year, or the year after that, they’ll receive up to $100 billion in foreign aid by 2020, with the U.S. contributing the lion’s share.

We can’t wait to hear Mr. Obama tell Americans that he wants them to pay higher taxes so the U.S. can pay China to become more energy efficient and thus more economically competitive.

Copenhagen also got hung up on whether countries (especially China) will be ”transparent” about whether they are meeting their anticarbon commitments, and the Administration claims to be satisfied with whatever verification pact was struck. Yet nearly every country that ratified Kyoto cheats on it today. Honest carbon accounting would also impede programs like the corrupt ”clean development mechanism,” where European consumers end up paying Chinese companies for emissions reductions that either aren’t real or would have happened anyway. At least Copenhagen’s talk did less tangible harm.

Printed in The Wall Street Journal, page A12

Copyright 2009 Dow Jones & Company, Inc. All Rights Reserved

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