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This is a farce, just like everything else this clown does. There is no emissions target reduction set, no mechanism for verification, nothing. It's a "gentleman's agreement" which will be totally ignored.
Yup, the only thing that was agreed to is for each country to write up some paper on how they will reduce emissions in their own country. This is as meaningless and non-binding as it gets. It is a total success for national sovereignty!
Plus it pretty much kills Cap&Tax! Now kill Reid's bill and we will have trifecta!