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Currently, government officials from around the globe, including President Obama and top U.S. officials, are gathering in Copenhagen, Denmark for the United Nations Climate Change Conference. These officials are hoping to create a new treaty containing stringent and enforceable requirements to reduce greenhouse gas emissions. While specifics of the treaty are still being worked out, there is reason to believe that the treaty will call for dramatic emission reductions that will cause serious economic harm to our already fragile economy.
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