Just in time for Obama to announce it, and it only cost the USA 100 billion dollars. Thanks Hillary.
UPDATE: Statistician William Briggs points out in an email to me that he mentioned in an essay here that Lord Monckton had predicted this sort of outcome a month ago:
The forces of darkness will realize that some deal is better than no deal. Lord Monckton, on a guest appearance on the Glenn Beck program a month ago, had it right. He predicted the early stalemate, but said it would end at the last possible minute, after an all-hours marathon session:
From which the bureaucrats would emerge, their ties over their heads, where they will announce, “We’ve done it. We’ve come to an agreement.”
Leaders and ministers from 28 countries including Australia have outlined a draft accord to fight global warming.
The details of the draft are not known yet but the move came hours before some 130 world leaders were set to convene in the dying hours of the climate summit at Copenhagen.
Representatives from key blocs, covering both rich and developing countries, embarked on late-night negotiations in a desperate bid to hammer out a draft climate change agreement.
UN Secretary-General Ban Ki-moon was also participating in the talks, which continued into this morning.
US Secretary of State Hillary Clinton, German Chancellor Angela Merkel, British Prime Minister Gordon Brown, French President Nicolas Sarkozy and Brazilian President Inacio Lula da Silva were all seen as the talks got underway shortly after 11pm in Copenhagen.
Among industrialised countries, the participants were Norway, Russia, Spain, Britain, the US, Denmark, Australia, Germany, France, Sweden and Japan.
Representing small island states were the Maldives and Grenada, with Sudan, Algeria, Ethiopia and Lesotho from Africa. Sudan is also the leader of the G77 group of 130 developed countries, Algeria heads the Africa Group, and Lesotho leads the bloc of Least Developed Countries.
Major emerging present economies included China, India, Brazil, South Africa and Mexico. Besides Brazil, other countries in which deforestation is a major source of greenhouse gas emissions include Colombia and Indonesia.
There are two transnational groupings included: the European Commission and the Secretary-General of the United Nations.
More than 130 heads of state and government will convene today for the final day of the climate summit talks.
h/t to WUWT reader Patrick Davis