Copenhagen: depressing

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FT.com / Global Economy - Business chiefs hit at climate agreement.

Global energy businesses are disappointed and confused by the climate deal agreed in Copenhagen, saying it does not provide enough certainty to justify the huge investments needed to cut carbon emissions.

That's the nub of it: world leaders failed to give the one industry that really needed a stimulus the incentives needed to address a real need.

So we'll go on consuming to an early grave instead.