Here is where it is going. NZ is in deep sheep for many reasons.
They and others signed up early for Kyoto and here it is:
"Japan, Italy and Spain face payments of as much as $33 billion combined for failing to reduce greenhouse-gas emissions as promised under the Kyoto treaty.
The three countries are the worst performers among 36 nations that agreed to curb carbon dioxide gases that cause climate change. The 1997 Kyoto accord designed to slow global warming demands that polluting nations buy credits for their excess emissions from other industrial polluters or investors."
and so we have about 800 kiwis coming across the Tasman every week.
