Speaking in Copenhagen, President Barack Obama this morning said, "I think our ability to take collective action is in doubt right now -- it hangs in the balance." The statement came as the climate-change summit appeared to be faltering. According to some who are familiar with the draft now in circulation, there are no specific carbon-emission reductions targets mentioned. However, Obama said he and China's Premier Wen Jiabao, who met privately, "made progress."

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