Emissions Trading Scheme Passed By NZ Parliament

After a reportedly aggressive and fierce debate, the New Zealand Parliament has finally passed the emissions trading scheme which is expected to give the UN climate talks that are to be held in Copenhagen in the coming month, a definite boost.

The parliamentary commissioner for the environment of New Zealand had actually pleaded to the members of the parliament not to vote in favor of the bill as it did not have any possibility of reducing the emissions of the greenhouse gases. But the bill was passed nonetheless to give the UN climate talks an edge.

Australia is also moving towards the same target and has stalled the legislation of its carbon - trade just before it went into vote on the bill. Although the two countries are not very huge emitters of the greenhouse gases, the bill was passed as it was deemed to be a necessity that every country contributes towards helping the world. All in all, it seems that the meeting in Copenhagen will be a success as the United States are also proposing a target to reduce emission, hoping that their lawmakers would agree to the bill.