The NZ government has found a rationalisation not to adopt the Emissions Trading Scheme (ETS). The reality is that aside from these pragmatic reasons, it was never committed to adopting it, and was always relying upon the rejection of Julia Gillard's ETS scheme as a justification for its belated cancellation. With Julia Gillard fighting a strong opposition in Australia, vulnerability given her weak polls, there is good reason to think the policy will be dropped.
Of course we are not supportive of the ETS because we rejected the quality of science underpinning the claims. The reality is that this is a 'snow job' by liberal-leaning scientists. We need to understand that 86% of scientists are liberals sympathetic to environmental causes. They are people lacking critical thinking skills, lacking knowledge of economics, and in many cases the education to grasp that capitalism, markets, nor selfish materialism is the problem. What they don't realise is that - their anti-intellectualism is the problem....but since an apprehensive community is inclined to accept 'better safe than sorry' arguments, we are destined to be lead into a pursue of 'appearances' as a basis for decision-making.