Right – it’s an “agreement”… to punt down the field for some transient face-saving. Obama said he had to fly back to Washington early because of the weather (riiiight ….). These guys have signally failed us. The Americans failed on emissions reductions. The Chinese failed on transparency. Plenty of credit to go around, as it turns out. But the problem doesn’t go away, and efforts to find solutions outside of the failed negotiating framework now become more crucial and urgent than ever.