The Economist "Retreats with Honor" from Global Warming Battle

I said global warming was over.  Check this out from the gold standard of Euro-flavored, lefty economic conventional wisdom (ht Instapundit).

“This is pretty much where we’ve been for some time: the global approach to reducing CO2 emissions is a dead end, and while the overall science about the climate seems well established, there are some significant fiddly bits that haven’t yet been worked out. There may be more surprises like soot in the works, some good, some bad, but in any case the details, the timing, and the consequences of climate change are less clear than the overall arc, and the case for particular policies is often significantly weaker than the overall case that climate change is under way.”

I love it!  "Fiddly bits."  Also, known as "details"...?  Sounds like this is a "retreat with honor", i.e. we lost but we won't admit to being wrong.

Without the communitarian approach, euphemistically dubbed "global," all that is left is for individual countries and regions to compete in pursuit of economic development.  Progressives call "competition" a "race to the bottom".  Watch for this catchphrase to surge like a new gusher.