U.S.: After Copenhagen -- What's Next?

Written by Akilah Green (Washington, DC)

The impact that the Copenhagen Accord will have on the global effort to reduce greenhouse gas emissions remains uncertain just two days after the Copenhagen talks have concluded.   Many observers believe that the United States' participation in the global effort to mitigate the effects of climate change hinges on the passage of legislation that will mandate U.S. efforts to reduce greenhouse gas emissions.  Thus, following Copenhagen, the world has now shifted its attention to the U.S. Congress.  The House of Representatives passed its comprehensive climate change bill in June.  President Obama's next step is to push climate change legislation through the United States Senate.  See below a few articles that I found most interesting.

Is the Copenhagen Agreement a Disappointment or Relief?
From Greenbiz.com

The climate treaty announcement is legitimately catching some heat for being too little, too late. The enormity of the crisis cries out for strong binding pollution reduction targets by all countries and massive infusions of public and private capital to catalyze a fast-track transition to a low-carbon economy...Read More

Climate Accord In Hand, Obama Turns To Senate
From npr.org

President Obama returned to the White House from the U.N. Climate Conference in Copenhagen in the wee hours of the morning, having secured a modest, nonbinding, three-page deal aimed at combating global warming...Read More

Copenhagen Accord gets a tepid response from investors
From en.cop15.dk

The Copenhagen Accord, agreed by major economies including the US and China, made a commitment to limit the rise in global temperatures to two degrees Celsius and raise 100 billion US dollars annually by 2020 to help developing countries fight climate change. However, the accord does not specify caps on emissions to achieve that objective...Read More
 

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