Barack Obama actually said...

"Phasing out fossil fuel subsidies is important because it encourages energy conservation, improves our energy security, helps us meet budget goals and provides a critical down payment on our commitmen..."

"Our collective challenge is to summon the political will to embrace these instruments and standards, strengthen them where appropriate, but most importantly take actions to effectively implement them."

"Provided over $1 billion in fiscal year 2009 in anti-corruption and related good governance assistance aimed at promoting transparency and accountability."

"U.S. leadership was critical to this agreement."