We've said it many times: the Copenhagen climate change summit will be all hot air in the end. First world countries like the US will still not sign up to a new climate change deal for as long as the other countries do not have clear goals to cut their own emissions on their own. Developing countries, like the Philippines, are asking for dole-outs to fight climate change. They won't get it for as long as their emissions do not also lessen.
See guest post by Willis Eschenbach over at WUWT. Here's a relevant picture in his post.