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October 20, 2009

Hopes for Copenhagen climate deal fade

All that’s likely to happen this December? A political declaration.

The Obama Administration is already saying it won’t get out in front of Congress on this issue, which means any deal with China will be tissue paper or bupkis.

The EU may well push to do more, if it thinks it can make carbon tariffs stick. That’s the one hopeful point.

Because, as the story points out, not much is likely to happen next year either.

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