And one more thing - India, Brazil and China could not be happier about the whole climategate thing.

They expect to get out of Copenhagen committed to nothing whatsoever except vague promises to cut carbon intensity (which simply happens as a part of economic development in a market economy).

Western governments are desperate for a deal to save face and will probably simply concede to letting them off the hook.

No one is challenging the propaganda that an intensity cut is somehow a carbon output cut. It isn’t. Not in the least. CBS mis-reported yesterday that China had committed to “cuts” based on accepting the propaganda uncritically?

The result?

You will have islands of developed, industrialized states where CO2 can be pumped with abandon while the rest of the industrialized world will be on a diet.

Guess where even more industry will move? And will there be less CO2 out there as a result?

No.