ETS. Stephen Joyce who is probably going to be the next finance Minister reckons the Govt will only get $483 million. So much for saving the world it is a tax grab. I don't know why they have included agriculture's ETS costs because other sectors ETS payments are not included in their budgets. Only conclusion would be the difference in entry date of 2013 for Labour and 2015 for National, which provides extra revenue for Labour. But 2 years of ETS payments don't mount up to a lot, which leaves the possibility that Labour is planning to do more than just bring agriculture in early but also ramp up the percentage contribution. National' scheme has agriculture paying for 10% of its emissions; this stinks because agriculture's emissions have increased by only 8.4 % since 1990 so 10 % is too high anyway. The contribution increases 1.3% each year under National which is pretty disgusting considering 10% is too high to start with, but this contribution percentage must be going to increase a lot more under Labour if they plan on sucking $4.8 billion out of the farmers in 15 years. Truth is they won't get a penny because as I have said repeatedly, the Govt does not get the money. The only one getting money is the one with the trees. And that's only if they want to gamble on the carbon market. One dime per tonne on the US market at the moment I heard, might have been a