China Stiffed the World in Copenhagen

China Stiffed the World in Copenhagen

During the frantic final two days of negotiations at Copenhagen over the weekend, U.S. President Barack Obama and Secretary of State Hillary Clinton set a clever trap for Chinese Premier Wen Jiabao. Having just announced that the United States would establish and contribute to a $100 billion international fund by 2020 to help poor countries cope with the challenge of climate change, Clinton added a nonnegotiable proviso: All other major nations would first be required to commit their emissions reduction to a binding agreement and submit these reductions to "transparent verification." This condition was publicly reaffirmed by Obama, who argued that any agreement without verification would be "empty words on a page."

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