The rushed through NZ ETS going through parliament has been watered down some what and as expected but at least some sort of scheme will get initiated. The Greens backed the scheme because a $1 Billion warm house fund, every home in NZ to get insulation. This will be the real winner, reduced energy demand as well as lower illness instances and improved productivity.

http://blog.greens.org.nz/2008/08/27/1-billion-of-warm-homes/

wow.. thanks for that.

that's a seriously impressive step in the right direction.