The folks at the Wall Street Journal are brilliant (most days) and I find myself reading the WSJ in print and online every day. When a topic hits the opinion page, it’s usually a great piece of analysis. Today was no exception.

The leading industrialized nations meet in Japan. Hoist a few glasses of Sake and announce an environmental accord to reduce greenhouse gasses. Bravo! The world has been saved from its inhabitants!! Am I referring to Kyoto? Yes. Am I referring to the current G-8 summit? Yes again.