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ARTICLE · 29 DECEMBER 2009

Weekly Climate Change Policy Update - December 21, 2009

Through personal intervention in the negotiations, President Obama salvaged from the Copenhagen talks a 3-page accord.

United StatesEnergy and Natural Resources

Article by Kyle Danish, Shelley Fidler, Kevin Gallagher, Megan Ceronsky and Tomás Carbonell

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Commentary

Through personal intervention in the negotiations, President Obama salvaged from the Copenhagen talks a 3-page accord. It achieves – in the geologic time scale of the international negotiations – a truly seismic shift: first-time emission reduction commitments from major developing countries, including China. The accord also includes a major package of funding for least developed countries. However, it is woefully short on specifics. In particular, it is vague on the issue of independent international verification of commitments, but seems to suggest that countries not accepting funding (such as China) would not be subject to such verification. This could be a problem for Senate moderates . . . The Copenhagen talks raise several questions. Does the

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