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Climate Deal Decades Away as ‘Dysfunctional’ U.S. Delays Cap

Delegates at the United Nations climate talks stayed up two nights in a row last week to agree on a proposal to slow global warming. Next year’s negotiations may be even tougher.

The plan approved on Dec. 11 creates a climate fund to channel as much as $100 billion a year in aid to developing nations by 2020, protects forests and outlines methods to verify cuts in fossil fuel emissions. No new targets for curbing greenhouse gases were set, and debate on the future of the Kyoto Protocol, which limits emissions by developed countries until 2012, was put off until the next meeting in Durban, South Africa, in December 2011.