The news service Reuters is reporting that China has told UN climate change delegates that there'll be no deal coming out of the Copenhagen summit. Instead the Chinese have recommended the attending nations issue, "a short political declaration of some sort."
The collapse of COP15 has seemed inevitable since the developing nations and G77 countries turned angry and suspicious of the motives and agenda of the industrialized West. Failure at Copenhagen could leave in its wake a legacy of distrust that would make it much more difficult to get an effective, global agreement in the future.
Opponents of climate change action - the Denialists, the fossil fuel industry and their bought and paid for political helpers - won't pass up the opportunities to build on their perceived success in a Copenhagen failure.