The title of the article would probably be more accurate if "hopes" were substituted for "expectations". As the concluding paragraph states:
In Cancun the world´s governments were under an obligation to find solutions to the climate crisis and offer answers that could guarantee the survival of humanity - but they were not up to the task. The results from these climate change talks show that the profit motive still trumps life itself and threatens the very survival of the planet.The tragic fact remains that as long as the "profit motive" (capitalism) rules, there can be no progress in efforts to maintain a climate that can sustain human and other life forms. Therefore, we have no other choice than to replace this system with one that can permit sustainability.