Obama on Sign a Global Treaty

Obama says he'll "re-engage" the U.S. with the diplomatic efforts under the U.N. Framework Convention on Climate Change, and lead the way on agreements. He'll create a Global Energy Forum based on the G8+5, which will include all G-8 members plus Brazil, China, India, Mexico and South Africa. This smaller process will then merge with the larger post-Kyoto framework.

Hard to know how something like this will play out. But it certainly is far better than anything we've ever had.