The U.S. and China announced that an agreement was reached on capping and cutting CO2 emissions. The agreement is non-binding and, according to reports, doesn’t even require China to begin capping emissions until 2030. And besides…

Even though the U.S. will endure more job-killing EPA regs as a result and China won’t have to change much of anything, Vox is spinning the deal as a monumental achievement for President Obama:

A big proclamation. Or, is it?

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