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America’s tax system wasn’t the only thing that went over a cliff at midnight on December 31. The Kyoto Protocol on climate change—the treaty I’ve called the most feckless and unserious act of international diplomacy since the Kellogg-Briand Pact—expired on December 31.
Despite all the best efforts of the worst people, there was no 11th hour rescue, no climate “grand bargain,” and not even a tax increase on the top 1 percent of emitters! To the contrary, more nations announced that they would not participate in any successor treaty, starting with Russia (which only joined the first Kyoto when it looked like an opportunity to sell phantom carbon credits to western European suckers). Ukraine may follow. Canada bailed months ago.
2013-01-03 07:30:40
Source: http://climatechangedispatch.com/home/10861-green-weenie-of-the-week-the-kyoto-keystone-kops