Bush backs off Bali agreement hours after signing

No surprises here except to the rest of the world that actually thought Bush was being sincere when he agreed to nothing and pushed this out for the next president. Same old, same old. Even a signed document with this administration isn't worth the paper it is written on and Congress is too afraid to ever call him out.

Between the Democrats in Congress and the Europeans, I'm not sure who is more gullible. Bush gets a headline, appearing to meet in the middle and no sooner is the ink dry, he's right back to where he was the day before. If anyone out there thinks that Bush will ever stop protecting his wealthy special interests, they're crazy.

(After the jump, the laundry list of excuses why Bali was worthless, according to Perino.)

In a statement, Perino said that aspects the U.S. particularly welcomes include a recognition of the importance of technology in the solution and the role of industry agreements.

But, she said, "the United States does have serious concerns" because the U.N.-sponsored talks have "not yet fully given effect to the principle of common but differentiated responsibilities."

Specifically, commitments for emissions cuts cannot be required from developed countries alone, as that would be insufficient to reduce global warming and would be unfair. "Major developing economies must likewise act," Perino said.

Also, requirements of developing countries must be set to reflect factors such as the size of a nation's economy or its emissions level, she said.