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Sunday, November 15, 2009
With no major breakthrough coming out of the APEC summit, the leaders who were in attendance, including US President Obama, Chinese President Hu Jintao and Danish PM Rasmussen (Denmark's Pacific coast is supposed to be beautiful this time of year), have declared a legally-binding deal on climate change in Copenhagen impossible. Negotiators will instead focus on forging a 'politically-binding' agreement as step one in a two-step process (with step two being the legal agreement.)
I plan on moving all my money into boat stocks tomorrow morning.
Labels: climate change