Obama
Has been (supposedly) so busy with health care reform, that there is no time to get anything climate change through before CoP15. That means there won’t be a deal in 2009 (there is no way Obama is going to agree to anything before he has backing domestically—not after Clinton and Kyoto)…
The question then: when will there be a deal, and what will this lack of a deal this time around mean for carbon prices, contract prices, and project development?