All of this for a non-binding agreement?
Who will tell Pres BO that his "presence" is not enough anymore? He can't change things by just showing up!
First, the world is disappointed with Obama, specially now that Obama has to govern rather than just give speeches without consequences. He can no longer tell people here, there and everywhere what they want to hear. Also, he can't get Dems to walk the walk on climate change:
"We can't wait to hear Mr. Obama tell Americans that he wants them to pay higher taxes so the U.S. can pay China to become more energy efficient and thus more economically competitive." (WSJ)
Fourth, the Obama administration foolishly committed money without consulting with Congress or public opinion:
Why? Because Pres BO's domestic agenda is falling apart in all of those "small towns" between NY and LA.