Peter Martin on emissions trading
The 200 page emissions trading blueprint presented to the Prime Minister is a tour de force.
It will be used for years to come both in this country and overseas as a guide for right way to make deep cuts in greenhouse gas emissions in the most painless way possible.
As a standalone system, not requiring a Kyoto-style international agreement, it may well become the model adopted by the United States.

I must admit to not having paid much attention to this issue at all lately, what with everything else going on, but there's a very good summary and commentary from Canberra Times journalist Peter Martin here at his blog.
One of the things I'll be working on at the new place is improving its energy efficiency and water usage (especially given I've got tentative vege patch plans), and I hardly think I'm the only one doing so at the moment.