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.
AFP
h/t to WUWT reader Patrick Davis
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I sincerely wish our prime minister bail himself out of this insanity.
@Mikey (19:10:24) :
“You have to feel sympathy for the poor fools. They’ve got to conclude some sort of face-saving “deal,” regardless of how meaningless it is, or how unratifiable it is when they tele-transport back to the real world. ”
Sorry Mikey. I don’t have any sympathy for them.
But I do agree they had to come out with something. Step off the plane, wave the document, smile for the camera and declare “Peace in our time.”
Hillary said that the US would contribute to the 100 Billion (how much is not specified) on the condition that China and India sign on to binding commitments (to whatever) that are open to international inspection and verification.
I can feel the planet cooling already… Oh… thats right … it already is!!!
If this much money is actually committed to the program, it’s a sure bet all the subsequent “science” will be designed to support the need for such expenditures.
IPCC will have to be changed to CYA.
The Sydney Morning Herald is the only paper carrying this story with these details. I don’t believe the report is accurate.
SMH does say “If the declaration is accepted at the summit,……”
It may not be.
Pledges by the US mean nothing.
Obama can’t unilaterally bind the United States to pay this amount of coin without it going through the Legislature first.
Atlas Shrugged, and so it starts.
Do know the golden rule? He who has the gold makes the rules. We, in the U.S., don’t have the gold.
Nonoy Oplas (19:15:34)
Projections of tax revenues are always or almost always overestimated. The reverse is true of what programs are going to cost.
The days of taking in a dollar and spending a dollar and a half are gone and replaced by an even greater gap between the two.
Well that’s good. I was getting tired of making decisions for myself…and having money…not that I have any…yeah, I’m a nobody…so, see you all in the gas chamber line ups?…I’ll bring the booze – you bring the extra socks…I’m predicting snow.
K Rudd spends our money like its worthless. As we need infrastructure, health, education etc there wont be any money left in the tin for them.
The Nationals have said Mr Rudd is acting ultra vires (beyond his legal capacity) in signing an illegal treaty that compromises our sovereignty
http://twawki.com/2009/12/15/dont-consult-the-people/
Re: L. Mielke (19:13:33)
I saw Canadian environment minister Prentice in an interview today and he indicated he would be attending the meeting. I disagree with your analysis. You seem to be forgetting that BC already has a carbon tax and that Duceppe is playing the national unity card in Quebec. I encourage you to tone down your language. This is a complex issue and it is not fair to blame regions of the country for resources they do or do not have. Best Regards.
The man-made global warming myth is not being televised by the controlled worldwide media syndicate for a reason. When socialist Europe’s people find out about the scam, the people will go bizerk, and the EU will collapse. Europeans don’t take to being lied to laying down like Americans. We take being lied to for granted. We know our MSM is only tabloid news which is why they are failing miserably and loosing viewer ship to the Internet.
I look forward to the world temperatures dropping accordingly.
it is criminal if a deal has been made and those who can should lawyer up and take the EPA to court to sort this out.
yesterday i read the following in the globe & mail and it will be fascinating to check if we now see a rush to buy carbon futures, won’t it?
14 Dec: Globe & Mail: Emissions trading market at a standstill
Last week, not a single carbon-futures contract was traded.
Indeed, the exchange has registered a mere 257 contracts that commit a buyer to deliver a specified amount of carbon-dioxide emission credits in either January, 2011, or September, 2011, the only two delivery dates traded so far…
But as global leaders now gathered in Copenhagen try to figure out how to make the world reduce its carbon emissions, North America’s key market-based system has stalled…
Ottawa is following the lead of the United States, and even with a strong agreement at Copenhagen, it will be several months at least before Congress can pass cap-and-trade legislation…
http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/emissions-trading-market-at-a-standstill/article1400137/
Don’t trust anything you read in the SMH (or from AFP). They are so biased towards AGW that they would say black is white. As far as this is concerned let’s wait and see.
Not read all the posts.
The devil will be in the details, eh? I agree with whoever said, “Another Kyoto.”
I am listening to the 4 AM BBC news and it still looks pretty damn fuzzy.
No matter. This BS will go on for decades, until the glaciers start to spread over Toronto, Copenhagen and Chicago. They will STILL be whining about receding ice and rising sea levels. These b*stards just will go on forever.
And hundreds of millions of folks will still want for clean water, adequate health care, and freedom from oppression. So sad.
Time to eliminate the UN. What a waste of time and money.
The U.S. is rich and successful; prime target for guilt and extortion. Where’s the cop when you need one? Oh, that’s right, the UN’s in on the scam.
As for the last minute nature of the deal — it was all very predictable. We’ll see what the details are tomorrow. Now all Obama needs to do is to figure out how to frame it in such a way as to be able to bypass the Senate. Perhaps it’s not really a treaty, just an executive agreement?
We’re going to borrow another 100 billion from the Chinese to buy indulgences from the Tuvalusians. John Kennedy caught a tremendous raft of grief when he proposed a national budget that hit 100 billion dollars.
Congressman Boehner said that was a non-starter.
BRAVE NEW WORLD !!
Now, how can *I* profit from it …
.
.
.
Relax folks. There is a reason that Obama’s speech is scheduled for 4:00 pm on the Friday before Christmas week.
And where will Hillery be in 2020 when the UN comes looking for her 100 Billion pledge?
Chavez makes a speech about “evil capitalism” and volia, the socialists reach an agreement.
Yeah, right. Does anyone seriously think the US is going to appropriate $20 bn to ship off to third world hell holes, in the middle of a recession, in an election year? Even with the Democrats in charge?
They might as well as deposit it directly into Mugabe’s Swiss bank account, and save him the trouble of stealing it.