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Overnight Ocean Thread

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Bagua10/21/2009 12:53:51 am PDT

Copenhagen, with 48 days left to save the world, has already been reduced to a farce as the various EU “members” haggle over who will pay how much of the levy. The UK is angling to kick about €1bn, which is an almost meaningless amount of money post bail-out season.

They will agree an entirely fanciful 10% cut in aviation by 2020, (relative to 2005.) Miliband is wittering on about getting to 2005 levels by 2050, giving them 40 years to ease into it, despite the 48 day emergency. The two are incongruous.

It’s all sound and fury, signifying nothing.

EU ministers haggle of farce