Kyoto II - is it a done deal?

THIS is a somewhat flippant headline as a new climate deal is a serious matter. It is being pursued by the United Nations Intergovernmental Panel on Climate Change (IPCC) that was set up in 1988 to "stabilise greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic (ie human-induced) interference with the climate system".

Regular meetings known as COP (Conference of the Parties) discuss the reports, now in version 5 as of 2014. The most notable…