Ronald Bailey on Killing Kyoto

European Union global warming negotiators in Durban are threatening to kill off the Kyoto Protocol unless the world agrees to start new negotiations. The goal: A new climate change treaty in 2015 that would be legally binding on all countries. In the meantime poor countries are trying shake down rich countries for $100 billion annually in climate change aid. Reason Science Correspondent Ronald Bailey wonders if U.S. and Chinese negotiators will call Europe's bluff on Friday and if rich countries are just making empty promises about climate reparations.

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