There will be no successor to the Kyoto Protocol and the EU should stop pretending otherwise, claims Holger Krahmer MEP

"The climate policy of the European Union is now stuck in a dead end. Europe wanted to be the leader – showing the world the way. It wanted to export the "market-economic" instrument of emissions trading as a new standard of regulation. The climate summits in Copenhagen and in Cancun were supposed to herald a successor treaty for the 1997 Kyoto Protocol, which expires in 2012.

But both summits yielded zero results. Today it is clear that there is going to be no successor agreement. Also, the option of simply extending the existing Kyoto Protocol was thrown overboard by the main countries at the last G8 summit. The situation in global climate politics can be summarised in short as - there is no policy..."

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