The Kyoto Protocol, the world's first tentative step towards avoiding the threat of climate change, has failed. We urgently need a new course of action.In Kyoto2 the author presents us with a strikingly original new solution. Using a system of finite production rights for greenhouse gases, which would be traded by organisations on a global auction, Kyoto2 seeks to succeed where the original agreement failed. Regulated by an independent body, the funds could be poured back into heal...