Hot Air » Blog Archive » Durbin: Don’t expect cap-and-trade this year

In short, it’s a political disaster that Durbin and the Senate Democrats would like to forget, but will be forced to debate to the detriment of their careers, thanks to an administration and House leadership that has jumped fully into a radical economic agenda.

UPDATE 1-US climate envoy notes 'difficult' global talks By Reuters

"Let me say bluntly that the tenor of negotiations in the formal UN track has been difficult," said Todd Stern, Obama's special envoy for climate change.

In prepared testimony to the House energy independence and global warming panel, Stern added, "Time is short and the negotiations have still too often foundered as a result of the ... developed/developing country divide."
...
Stern warned that some aid estimates being "tossed around ... are completely, wildly unrealistic." He was referring to one that put the need at one percent of some countries' gross domestic product, which in the case of the United States would be about $130 billion.

Speaking to reporters following the hearing, Stern did not give a more realistic estimate of U.S. contributions to an aid program. But the EU outlined a plan on Thursday to offer poor countries between 2 billion and 15 billion euros a year by 2020.

‘Danger’ of climate talks failure – UK - Climate

Miliband said: “I think we’re first of all here to sound the alarm that there is a real danger that the Copenhagen deal won’t be achieved unless there is a renewal of political momentum.”

Wash. Post's Own Meteorologist Counters Paper's Claims!

WaPo's Andrew Freedman Ducks TV Debate with Climate Depot's Morano - Demands Separate Taping