Another roadmap. Is this one for real?

The biggest barrier to a climate pact, the question of which countries are bound and which are not, is now removed thanks to Durban. The carbon crunch will be more profound than the credit crunch.

The United Nations ended their annual climate change talks in Durban on Sunday in much the same way they have done for the past 17 years – after all-night sittings and amid a cloud of conspiracy theories, accusations, frayed tempers, backflips and compromise. Only this time they managed to go into a second day of overtime and pluck from apparent failure an agreement that is being hailed as the most significant since Berlin in 1995.

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