Julian Wong

Earlier this morning, President Obama gave his long-awaited speech at the Copenhagen summit, and… it was largely panned as a dud. No thrilling specifics, no new concessions or announcements, just a by-the-numbers reiteration of the U.S. position (we'll cut emissions roughly 17 percent by 2020 and, as Hillary Clinton declared yesterday, contribute to a $100-billion-per-year international climate fund for developing countries). He certainly didn't sound like a climate deal was imminent. But how much does that really matter?

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