Kyoto is dead. You didn't read about it in the paper, but like the famous Dead Parrot sketch in Monty Python, it's a goner. The G-8 leaders of the biggest economies in the world just proclaimed a "compromise": George W. Bush would accept that climate change is a possible problem, and all the Europeans would change the Kyoto target from 2012 to 2050!  The National Post of Canada writes: "The Kyoto accord will survive as a rallying point for environmentalists. But as a relevant policy instrument, it effectively died this week at a seaside German resort.If nothing else, the G8 agreement on climate change put an end to the aggressive push by one-note environmentalists --- such as Al Gore and Stephane Dion --- to impoverish Western economies by insisting they meet arbitrary emission targets by 2012. From now on, international leaders will be looking for bigger cuts than those mandated under Kyoto, but within more workable deadlines -- 50% by 2050 being one benchmark...(Read Full Post)