Climate change policy is 'dead' - Public Service Europe
There will be no successor to the Kyoto Protocol and the EU should stop pretending otherwise, claims Holger Krahmer MEP
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The emerging economies of Asia, especially, are refusing to allow their possibilities for growth to be curbed by obligatory CO2 reductions. Everywhere across the world, climate laws are being buried for good or put on ice. The once ballyhooed instrument of the emissions trading scheme is becoming obsolete. China, India and Australia are waving goodbye. In the US, the Chicago Climate Exchange was closed just after the last mid-term Congressional elections. Just before that, the self-anointed climate pope Al Gore cashed in by selling his shares.
"Climate politics is a dead project" is the buzz-phrase in Washington today.
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Holger Krahmer is a German MEP and member of the Alliance of the Liberals and Democrats for Europe Group, in the European Parliament
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