Did Copenhagen die yesterday?

Yesterday, I speculated about prospects for the Copenhagen Accord if Democrats lost their super-majority in the Senate. Well, voters in Massachusetts handed them a thumping – so what next?

In Politico, Martin Kady II looks on the bright side. Yes, healthcare may now be dead (many Democrats seem to be abandoning it without a fight – though I suppose that could change over the next 24 hours) – but Obama can still get other key parts of his agenda through Congress, Kady believes.

Unfortunately, on climate, what looks bright to Kady is likely to look exceptionally gloomy to those outside America’s borders.

A cap-and-trade bill has a shot in the Senate – as long as the cap-and- trade part is removed. If Democrats dump that toxic measure and pursue a more modest climate and energy bill, they’ve actually got a shot at getting something done – and getting a few Republican votes to push them past 60.

Voinovich and Sen. Dick Lugar (R-Ind.) are working on a smaller-scale proposal that would limit greenhouse gas emissions from power plants. And moderate Democrats are pushing Senate leadership to drop the cap-and- trade provision in favor of an energy-only bill, which could include renewable fuels standard tax incentives for alternative energy…

“It is my assessment that we likely will not do a climate change bill this year, but we will do energy,” Sen. Byron Dorgan (D-N.D.) said Tuesday. “I think it is more likely for us to turn to something that is bipartisan and will address the country’s energy interest and begin to address specific policies on climate change.”

The Voinovich-Lugar bill will do little to cap, let alone reduce, emissions. Voinovich is certainly no fan of action on climate change. He has been holding out for a new analysis of cap and trade from EPA – believing the agency is holding back information on the true costs.

His main priority is reduce America’s dependency on the Middle East, wanting the US to become the least dependent on imported oil of any country in the world. He’s thinks the US should go after “every drop” of its oil shale and should also invest heavily in using coal as a substitute for oil.

On climate itself, he thinks the 17% emissions reduction by 2020 on 2005 levels, which President Obama promised at Copenhagen, is much too ambitious. He sees little point in the US reducing its emissions if China and India don’t do the same.

If Voinovich is now the best hope for getting bipartisan support for US domestic legislation, then I think Copenhagen’s prospects are grim indeed. Expect it be starring in its own Monty Python sketch sometime around the time of the US mid-terms.

[youtube]http://www.youtube.com/watch?v=4vuW6tQ0218[/youtube]

Does Copenhagen die today?

Most people left Copenhagen thinking the next big crunch date would be the last day in January, when 49 or so countries are due to lodge their commitments for reducing emissions with the UNFCCC (they fill in one of two appendices to the Copenhagen Accord – “quantified economy-wide emissions targets for 2020” for developed countries; “nationally appropriate mitigation actions” for developing ones – China included).

As Barack Obama explained, these commitments “will not be legally binding, but what [they] will do is allow for each country to show to the world what they’re doing… and we”ll know who is meeting and who’s not meeting the mutual obligations that have been set forth.”

In other words, this is ‘pledge and review’ – the non-binding, bottom up approach that the United States favoured in the run up to Kyoto, before it surprised everyone by announcing that it was prepared to accept a legally binding protocol at the Geneva climate conference in 1996.

The US then agreed at Kyoto to a 7% cut in its emissions by 2012 on a 1990 benchmark, but failed to ratify the treaty. It is now offering a 17% cut on 2005 levels by 2020, on a non-binding basis – which would take its emissions more or less back to where they were in 1990. (The EU is promising a 20-30% cut on 1990 levels by 2020.)

But the US has a credibility problem. Not only did it use the Kyoto years to pump out as much CO2 as it could, the Senate is yet to pass domestic legislation and, with healthcare stalled, and financial regulation next in the queue of ‘big bills’ – there’s long been a big question mark on whether it will ever will.

The Copenhagen Accord, and especially China’s willingness to accept some kind of international monitoring of its emissions reductions, was supposed to make it easier for the President to push the bill over the line, but that depends heavily on (a) his political credibility; (b) whether he can keep together a very shaky Democrat alliance on the bill, perhaps bolstered by the odd Republican prepared to commit political suicide.

Which brings us to today – when the Democrats face, according to Nate Silver, a 75% chance of losing Ted Kennedy’s Senate seat in a special election. If the hapless Martha Coakley does lose (I actually think she may scrape it, but she’s clearly now the outsider), it’s going to make a climate bill seem a very long way away indeed.

One thing is sure. Scott Brown won’t be voting for emissions reductions any time soon. He’s solidly in the mainstream of Republican thinking on the issue. Asked recently if global warming was a fraud, he answered:

It’s interesting. I think the globe is always heating and cooling. It’s a natural way of ebb and flow. The thing that concerns me lately is some of the information I’ve heard about potential tampering with some of the information.

I just want to make sure if in fact . . . the earth is heating up, that we have accurate information, and it’s unbiased by scientists with no agenda. Once that’s done, then I think we can really move forward with a good plan.

And if the Democrats lose the seat and their super-majority in the Senate, will the US still feel able to pledge a 17% emissions cut in their submission on Copenhagen on Jan 31st? And, if they do, will anyone believe they have the political will to meet the commitment? The answers to those questions are – probably yes; almost certainly not.

Alex and I have wondered for some time whether the climate risks becoming a zombie process (shuffling and groaning, but never quite dying) – but perhaps we’re wrong. Maybe Copenhagen is going to be dead sooner than we thought. It certainly doesn’t look good if the Democrats lose a Senate seat that Kennedy held for them from 1962, just a year after Obama was born.

On the web: EU top jobs, US-UK relations over Afghanistan, and modern foreign policy…

– With the new EU President and High Representative finally decided, the FT wonders whether current Commission President, José Manuel Barroso, is the true victor from all the horse-trading. The Times has news that, consistent with the Lisbon reforms, the EU is attempting to strengthen its presence at the UN. Sunder Katwala, meanwhile, suggests that European member states still lack a fundamental sense of what they want to achieve as one in the global arena.

– As President Obama continues to review Afghan strategy, the WSJ assesses the impact on US-UK relations. Con Coughlin, meanwhile, paints a more pessimistic picture of the “exclusivity of [Obama’s] style of decision-making”.

– Elsewhere, Fyodor Lukyanov heralds Mikhail Gorbachev’s idealism, suggesting he was “the last Wilsonian of the 20th century”. Richard Haass, meanwhile, explains how lessons drawn from the Cold War could help address contemporary global challenges.

– Finally, World Politics Review has a series of articles on modernising the US State Department and creating a more integrated national security architecture. The Guardian, meanwhile, surveys the UK Foreign Office’s growing “brave new world of blogger ambassadors”.

On the web: Obama’s Asia tour, the EU’s world role, and Pakistan’s nuclear security…

– With President Obama embarking on his visit to Asia, John Plender examines the nature of China’s challenge to US dominance. Cheng Li and Jordan Lee suggest what the President has to do in striking the right tone for US-China relations going forward. Kishore Mahubani, meanwhile, views Asia’s rise through the prism of Francis Fukuyama’s End of History twenty years on.

– In a wide-ranging interview with Der Spiegel, Russian President, Dmitry Medvedev talks about Stalin, democracy and the rule of law, his relationship with Vladimir Putin, and ongoing Western entanglement in Afghanistan.

– Elsewhere, Stefan Theil argues that, aided by the financial crisis, the EU’s global standing is on the rise:

“The EU’s modus operandi — sharing power, hammering out agreements, resolving conflict by endless committee — can be boring and even frustrating to watch”, he argues, “[b]ut in an increasingly networked and interdependent world, it has become the global standard.”

Julian Priestley, meanwhile, suggests four conditions if the EU is to get the most from its “institutional architecture”.

– Finally, writing in the New Yorker, Seymour Hersh explores US concerns about the safety of Pakistan’s nuclear arsenal amid growing instability.

On the web: the EU’s global influence, Obama’s leadership, and inside the financial crisis…

– With Czech ratification of the Lisbon Treaty now looking increasingly likely, attention shifts to the implications for the EU’s global influence. Benita Ferrero-Waldner, the current External Relations commissioner, offers some thoughts on the future EU foreign policy setup here. Hugo Brady, meanwhile, identifies some of the qualities needed in a new President of the European Council – “the job appears”, he suggests, “to require its holder to be a walking paradox: charismatic but modest, highly effective but non-intimidating, a consensus builder but also a decision-maker”. Pascal Lamy, he argues, might just fit the bill.

– In the London Review of Books, David Bromwich explores President Obama’s tendency toward the conciliatory gesture and major pronouncement, assessing the consequences for delivering meaningful outcomes. “[H]is pattern has been the grand exordium delivered at centre stage”, Bromwich argues, “followed by months of silence”.  Writing in the WSJ, meanwhile, Bret Stephens offers a critical perspective on the President’s commitment to human rights.

– Elsewhere, Dani Rodrik rails against those raising the spectre of protectionism, suggesting that “the world economy remains as open as it was before the crisis struck” and that the “international trade regime has passed its greatest test since the Great Depression with flying colours”. The Economist, meanwhile, provides an analysis of the falling dollar, while Jean Pisani-Ferry and Adam Posen assess the limitations of the Euro as an alternate global currency.

– Finally, behind the scenes of the financial crisis, and based on in-depth interviews throughout, Todd Purdum chronicles Hank Paulson’s time in office. Reuters has an extract from Andrew Ross Sorkin’s new book offering another take on the former US Treasury Secretary’s actions during the crisis. Daniel Yergin, meanwhile, examines the importance of finding a narrative for the crisis – crucial, he suggests, not only in understanding what happened but also offering a “framework for organising thinking for the future”.