This bill is important, but the importance has been over-exaggerated quite significantly by quite some margin. I think Scott Simpson said it was a small step. I would describe it as one small step for New Zealand, but a giant leap in terms of PR and spin. It will have limited effect, if any, on climate change. This is actually all about having something for James Shaw and the New Zealand Government to announce at Glasgow, rather than anything that will make a material difference along the way. 