Industrials
Obama Scrambles At Summit, But Frustration Shows
Obama had planned to spend only about nine hours at the summit. But the rapid success of meetings added several hours to his stay.
The U.S. commitment to reduce greenhouse gasses mirrors legislation before Congress. It calls for 17 percent reduction in such pollution from 2005 levels by 2020 — the equivalent of 3 percent to 4 percent from the more commonly used baseline of 1990 levels. That is far less than the offers from the European Union, Japan and Russia. Even that target was hard-won in a skittish Congress, and Obama has decided he can't go further without potentially souring final passage of the bill, approved in the House but not yet considered in the Senate. He also could imperil eventual Senate ratification of any global treaty that emerges next year. ___ Find behind-the-scenes information, blog posts and discussion about the Copenhagen climate conference at http://www.facebook.com/theclimatepool, a Facebook page run by AP and an array of international news agencies. Follow coverage and blogging of the event on Twitter at: http://www.twitter.com/AP_ClimatePoolTheStreet Premium Services
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