Here's a summary of how the Waxman-Markey bill before Congress relates to the Copenhagen climate change conference in December and how that in turn depends on what China does, or doesn't do, which in turn will push or pull Congress. Here's link to the Copenhagen conference website. It's to draft a successor to the Kyoto Protocol which was never endorsed by either China or the U.S., the top two producers of greenhouse gases.
STANDARD BOILER PLATE
This verbiage will now be attached to any blog I do about global warming. It’s amazing to me that somebody who can apparently read and then post comments still wonders in public why global warming matters on a technology web site. But I am naive, always assuming everybody’s paying attention.
It’s because of money. If global warming has enough acceptance among corporations, the public and even pols, there will be more money spent on green tech, wisely or unwisely. If oil prices stay low and most people don’t care a fig about global warming, green tech will have a difficult time succeeding, regardless of its merits. Not every good idea succeeds. VCs usually invest where they think there’s best chance for a good return. In greentech as in any tech the winners will often be determined by luck, brilliance, timing, happenstance and even marketing. Behind it all will be the money and behind that: whether the evidence for global warming and curtailing pollution drive action or is written off as claptrap.