Article: $1b govt fund to insulate every NZ home; EMISSIONS TRADING SCHEME

The Government will establish a $1 billion fund to insulate every house in New Zealand as part of its flagship climate-change policy.

Details of the fund were announced yesterday by the Green Party, which hailed it as a major concession gained in return for its support for Labour's controversial emissions trading scheme (ETS).

The Climate Change (Emissions Trading and Renewable Preference) Bill has been on hold for months as the Government worked to secure the support of the Greens and New Zealand First.

With National opposed to rushing the bill through before this year's general election, the votes of the two smaller parties are essential for its passage.

With the Greens having thrown ...

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