The President instead talked up the United States' investment in energy efficiency, research and improved fuel efficiency standards for cars.
Mr Obama said reducing carbon emissions would be a "tough slog", highlighting the need for countries such as China and India to reduce their carbon footprint, alongside the United States and other advanced economies.
While he praised Ms Gillard's resolve and endorsed the science underpinning climate change, he said each country was deciding the best to tackle climate change most effectively.
"Here in Australia, under the leadership of the Prime Minister, you've moved forward with a bold strategy," he said.
As Sir Humphry Appleby might have said, "....and a most courageous strategy you've embarked upon, Prime Minister!".
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