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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Editorial: Freeze Global Warming Regulations
http://www.ocregister.com/opinion/economic-224732-california-ab32.html
After reading several reports more closely Hillary said her offer relies on “transparency” which is a refernce to China’s willingness to “open up” it’s economy to western institutions, i.e. World Bank, with respect to the various carbon/green/sustainable programs.
China has said pretty clearly that they are only interested “co-operation that is not intrusive, that does not infringe on China’s sovereignty”
So this appears to be either:
a) A hollow promise.
b) A setup to blame China when they reject “Transparency” (read: World Bank interference)
or c) All of the above.
OT
Not sure if someone has posted this yet but:
Lateline – Plimer, Monbiot cross swords in climate debate
http://www.abc.net.au/news/video/2009/12/15/2772906.htm
http://www.universetoday.com/2009/12/17/earths-upper-atmosphere-is-cooling/
Michael (21:17:20),
Thanks for that link. This snippet caught my attention:
“This finding also correlates with a fundamental prediction of climate change theory that says the upper atmosphere will cool in response to increasing carbon dioxide.”
You can win for losing with those crazy AGW storm troopers. Everything is a consequence of CO2 even when it is a consequence of decreased solar activity. Amazing.
Forgot to include this with my article.
“Coming from Hollywood may explain Gov. Arnold Schwarzenegger’s disconnect with reality. In the real world, saying so doesn’t make it so. In Copenhagen this week, he made the astonishing claim that the Golden State is evidence we need not choose between a clean environment and economic growth because: “We’ve proved that over and over again in California.”
The $100B commitment by Obama will cost each tax paying American an additional $725 per year in new taxes.
tokyoboy (21:21:42) :
Thanks for the update. It is profound how the total has shot up.
Just a week ago it was -35 F in Wyoming, USA and -58 F in Siberia, Russia on the same day. In between those two locations in the Arctic.
What else is profound is how wrong Al Gore’s prediction about North Pole ice is turning out to be.
I have heard that Hillary Clinton is going to run for president in 2012. This will hurt her chances.
A document leaked from the UN, says the world will warm by about three degrees this century if the greenhouse gas cuts proposed in Copenhagen are carried out – exposing the huge gap between the rhetoric of world leaders at the conference and climate science.
“Unless the remaining gap of around 1.9 to 4.2 Gt (billion tonnes of greenhouse gases) and Parties commit themselves to strong action … global emissions will peak later than 2020 and remain on an unsustainable pathway that could lead to concentrations equal 550 ppm (parts per million of carbon dioxide in the atmosphere) with the related temperature raise 3 (degrees celcius) or above 550 ppm,” the document reads.
http://www.stuff.co.nz/the-press/world/3176327/World-will-warm-by-3-degrees-report
B. Smith (21:00:47) :
Bad news: If I am reading the dispatch correctly, It isn’t $100 billions of US dollars.
“It would kick off with $US10 billion ($A11.28 billion) a year from 2010 to 2012, climbing to $US50 billion ($A56.39 billion) annually by 2015 and $US100 billion ($A112.78 billion) by 2020.”
2010-2011-2012 @ur momisugly $10 billions US annually
2013-2014-2015 @ur momisugly $50 billions US annually
2016-2017-2018-2019-2020 @ur momisugly $100 billions US annually
$30 billions US
+$150 billions US
+$500 billions US
————————–
$680 billions US
Assuming the escalation is maxed out at each level in the first years of the escalators, the total is $680 billions of US dollars over the net decade. It’s likely going to be somewhat less as I doubt the escalator will work as above. Even so, we are looking at a huge sum of money over the next decade, even under the best of circumstances.
++++
Congress giveth, and Congress taketh away.
I’m actually pretty sanguine about those long term kind of deals. They actually buy time for sanity to reign, imho. 3 years from now the landscape could look very different.
Looks like China is kicking in to help out the Maldives.
http://tinyurl.com/y8zmhsk
Am I watching Saturday Night Live? Al Franken is running the show in the Senate on C-Span 2.
Hopefully,
I read that accord dispatch incorrectly and the totals in my prior post are the total combined contributions from the richer nations to the poorer nations expressed in US dollars.
Still, it’s a tremendous sum of money in a decade any way you cut it.
Can anyone shed more light on this?
HOAX AND CHAINS
$680 billion? Why that’s chicken scratch for the Obama administration! What’s $680 Billion to these folks when they give out Trillions regularly for earmarks and pork. After all they only need to fire up the printing presses.
Mugabe backwards e-ba-gum that’s good for me.
Problem is the bun fight between developing nations for their share of the handout will go on for decades.
There are suggestions above that $100bn may not be available.
No problem. The true leader of the world, Robert Mugabe has shown the way.
His faithfull disciples, Brown and Obama follow in his footsteps.
If money is needed just print it.
If money is to be given away it has no value, even to the recipient.
pat (21:16:54) :
“btw what is wrong with her accent? nothing.”
I agree; nothing is inherently wrong with it, but because of it she will sound dumb. It is like how people with strong Jersey or Cockney accents sounds moronic/low-class – this may not hold true for individual speakers, but that perception will always be there.
For the record, I actually prefer Palin’s accent to Obama’s phony MLK Jr. impersonation and Michelle Obama’s morbid fascination with dressing up like deceased former First Ladies (e.g. Jackie O).
Imitation is supposed to be the most sincere form of flattery, but in these two cases I think it is the most insipid form of PR…
Photon,
That is absolutely the most disturbing thing I have ever seen in my life. Stuart Smalley chairing the Senate OMFG
I saw that guy at a conference one time… meh… as a comedian, but a complete [self snip] ass-[self snip] [self snip]-tard as a political commentator
Anybody see when I took the red pill, or was it the blue pill… arrggghhhh damn you Morpheous!!!!111
This is just the way to handle it. Make promises, suck up to everyone, don’t actually go through with it. It worked great for Kyoto, everyone but Bush understood how it works.
I wouldn’t get too excited until, and if, something is signed and we can see what it says. Nothing we can do about it anyway. My guess is that things will still be in disarray when the dust starts to settle and the great leaders assemble tomorrow (Fri). Since I am 8 hours west of GMT, I guess that could be any time now.
This is the only link I can now find to a perfect description of how I feel. Just change the names and locations a bit. Jeremy Clarkson has a way with words…
http://www.singletrackworld.com/forum/topic/apparently-this-jeremy-clarkson-article-was-pulled
How about some perspective?
Boeing just had first flight on their new 787 DreamLiner. Each plane costs about $147 Million. They have pre-orders for 840… a record as I understand it. That is about $120 Billion. So, the majority of output from a company employing about 160,000 people for several years is as much as ONE year’s giveaway would be.
Or, put it this way: it’s like sending three of these shiny new aircraft outside of the country each and every day, just giving them away. Here, have a DreamLiner. We can stuff the seats with cash if you want.
Just chiming in – The Farces continue. No.1Farce is the US Administration. No.2 Farce – the UN.
Oblahmba is sealing his own fate as a one (if that long) termer. The Oblahmbacrats may well be flushed (although it’s way too early) from their offices.
The UN? The US Alarmist non-scientific agencies (NOAA, NCDC, NASA, etc.) fraudulently attempt to fuel our liability to the rest of the world through a non-existent problem (agw) and the world grabs the opportunity – who could see that coming?
Watching the copenhagen plummet & the Iranian Oblahmba puppetmaster lasted only a couple minutes, then off. When some-no-body like Mahmud can lead the greatest country in history around by the nose and join with the UN to virtually squeeze serious amounts of money from our declining standard of living is pitiful.
Science? Keep the candle burning- Hell, let’s breakout the naptha and flame the alarmist imbeciles! All the best to another “skeptic” hero – Phelim Macleer(?)! What a sense of humor – a “skeptic” in polar bear’s fur! And tips of the hat to Sen. Inhofe, Monckton, Morano, Plimer, et al who represented science there.
What a time in history and what a gas having to confront such absurd challenges. Grin and beat it.
Tyranny. We have a mad man as our “President” with his mad “Czars” running wild with the psychotic Nancy Pelosi and Scary Reid out of control striving for a Marxist utopian dream which we know can never be achieved. The American people will rise up. I believe we will defeat these neo-communists.