William Katz:  Urgent Agenda

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NO WARMTH AT WARMING CONFERENCE - AT 8:46 P.M. ET:  Despite all the yapping, getting international agreement on how to stop "global warming" (which hasn't occurred in a decade) is proving impossible.  The New York Times reports:

L’AQUILA, Italy — The world’s major industrial nations and newly emerging powers failed to agree Wednesday on specific cuts in heat-trapping gases by 2050, undercutting an effort to build a global consensus to fight climate change, according to people following the talks.

As President Obama arrived for three days of meetings, negotiators for the world’s 17 leading polluters dropped a proposal to cut global greenhouse gas emissions by 50 percent by mid-century, and emissions from the most advanced economies by 80 percent. But both the G-8 and the developing countries agreed to set a goal of stopping world temperatures from rising by more than 2 degrees Celsius from pre-industrial levels.

COMMENT:  Apparently, most national governments don't agree with Al Gore that the world is going to come crashing down on us in the next, oh, five days or so.  They have their own economic interests, and suspicions about each other.

I wish more attention would be focused on unleashing the entrepreneurial spirit that still exists, and turning people loose to develop new energy sources that are practical, effective and economical.  It will be done eventually, after we make all the other mistakes, and waste trillions of dollars.

July 8, 2009