Good afternoon from Copenhagen

Cha ching. That’s the sound made yesterday in Copenhagen when American philanthropist and financier George Soros appeared to identify a pot of $100 billion that he says richer nations could use to pay poor nations for dealing with the effects of climate change.  “The money, he said at a news conference, would come from a pool of assets made up of an international financial instrument called special drawing rights, or S.D.R.’s,” as reported by Andrew Revkin of Dot Earth. Read more HERE.

Is it really real? Copenhagen is already a bust, a binding agreement isn’t possible, the US isn’t doing anything, it’s impossible to meet target for stabilizing greenhouse gas emission, China and India are the ones holding us up, there’s no way to judge emissions reductions in developing nations, and an agreement will put the US at a disadvantage - these are the myths, and Grist is here to set you straight.  Read more HERE.

At the end of the day - it’s all about the youth. And there’s a large contingency of them in Copenhagen showing the rest of the world how serious they’re taking their future.  Read more about a youth rally HERE .