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Slowly and mostly unnoticed by the major news media, the air has been going out of the global warming balloon. Global temperatures stopped rising a few years ago, much to the dismay of the climate campaigners. The U.N.'s upcoming Copenhagen conference--which was supposed to yield a binding greenhouse gas emissions reduction treaty as a successor to the failed Kyoto Protocol--collapsed weeks in advance and remains on life support pending Obama's magical intervention. Cap and trade legislation is stalled on Capitol Hill. Recent opinion polls from Gallup, Pew, Rasmussen, ABC/Washington Post, and other pollsters all find a dramatic decline in public belief in human-caused...