Hopes Are Fading for Climate Accord at Copenhagen China signaled overnight that it sees virtually no possibility that the nearly 200 nations gathered would find agreement by Friday.

Posted by Trish Riley, December 17, 2009

“I still believe it’s possible to reach a real success,” said the United Nations climate secretary, Yvo de Boer, at a press conference Wednesday night. “But I must say that in that context, the next 24 hours are absolutely crucial and need to be used productively.”

Secretary of State Hillary Rodham Clinton arrived at the talks Thursday morning, and immediately announced that the United States is prepared to join other rich countries in raising $100 billion in yearly climate financing for poor countries by 2020, The Associated Press reported.”

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