From Reuters AlertNet, the International Energy Agency gets it:

Fatih Birol, of the IEA, said the gains from the tougher EU reduction target would roughly equal only two weeks of China’s emissions.

“The United States and China are essential for combating climate change globally. We estimate extending Europe’s plan to cut emissions from 20 to 30 percent would roughly equal China’s two-week gas output,” Birol said in an interview.

But wait there’s more…

“The wind is not blowing in the right direction for fighting global warming. Frankly, there are virtually no chances for the Cancun summit to end in legally binding agreement,” Birol said, adding, “I would be very happy to be proven wrong on this.”

And of course, China has already given these people “the finger”, and is building coal-fired power plants at an amazing rate, so what’s the point of COP16 again?

h/t to WUWT reader “nolene”