See this article in the Guardian basically it looks like Japan is going to stop Kyoto being extended; hence officially declaring it 'End of Life'.
"The delicately balanced global climate talks in Cancún suffered a serious setback last night when Japan categorically stated its opposition to extending the Kyoto protocol – the binding international treaty that commits most of the world's richest countries to making emission cuts."
Now I know a lot of you will be thinking "its the end of the world!" - actually it isn't. The Kyoto protocol had so many holes and 'get out of jail free' exceptions that it just achieved a 'paper based' reduction and hasn't actually made any difference to the 'real' omissions - just see this article from Reuters if you don't believe me. Yes, even New Zealand has ended up a net contributor of Co2..
So you see, Kyoto didn't really work anyways, when you look at the whole picture. It was more an attempt to make people feel like they were doing something whilst giving governments an excuse to tax more and businesses an opportunity to sell you something you didn't really need.