The Kyoto protocol is dead. Long live the Kyoto protocol. The world’s commitment to its accord on climate change expires in a year. Climate change is falling down the political agenda as fast as austerity is moving up. The United Nations climate conference in Durban, South Africa, is likely to be a fractious and unsuccessful affair. Climate change as an investment strategy is a busted flush. What should happen now?
《京都議定書》(Kyoto protocol)死了。《京都議定書》萬歲。世界對氣候變化協定的承諾將在一年後失效。氣候變化滑下政治議程的速度，就像緊縮政策上升的速度一樣快。聯合國(UN)在南非德班舉行的氣候大會，很可能在爭吵中不了了之。氣候變化作爲一種投資戰略已經破產。現在我們該怎麼做呢？
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