Today marks the opening of the Cancun talks on Climate Change. They are a follow-up to last year’s Copenhagen discussion which, as everyone knows, did not yield the expected global agreement to effectively reduce greenhouse gases. A review of media coverage leading up to the Cancun event downplays expectations for any significant breakthroughs during this round. And if nothing substantive comes out of this week-long meeting, it will mark another nail in the coffin of the UN’s attempt to establish a globally binding agreement à la Kyoto Protocol. The outlook is not improved by the outcome of the US mid-term … Continue reading →