Optimism Surrounds Copenhagen, Despite Setbacks

Law360, New York (December 4, 2009, 12:49 PM EST) -- The United States and certain other countries have not been able to pass domestic cap-and-trade legislation before the Copenhagen climate conference, and Europe remains the only region with a comprehensive scheme to reduce greenhouse gas emissions.

But although this lack of progress has led to doubts that the international community will be able to hammer out a successor agreement to the Kyoto Protocol, many experts have seen signs lately that a breakthrough will eventually occur.

“I'm pretty confident that Copenhagen will produce the conceptual and commitment...
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