The UN climate summit occurs in Copenhagen this year from Dec. 7-18. To show commitment to fighting climate change, the US would need to pass its own climate bill before this summit. While this bill has already been approved by the House of Representatives, it has not yet been approved by the Senate. If approved by the Senate with revisions, these revisions would then have to again be approved by the House of Representatives before going for Presidential approval. However, the Senate is currently working more on the health care bill than the climate bill, so little is known about when we can expect to realize any progress on this issue.
Realistically there will still be negotiations long after Copenhagen. Whatever is signed into being there, the participating countries will still all have to ratify it within their legislative bodies, and this may take a while (though admittedly not all who will sign have legislative bodies, but I think you get the general idea.)
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