In Belgium, we have three official languages and this has a lot of implications for politics. The federal government is quite weak for the governements of the different language communities have gained ever more power during the last 30 years.
The result is that the Flemish community (my part) is also having it's own local climate-policy. The 2006-2012 plan can be found here (in English).
A march 2007 evalution of this plan can be found here (Dutch only). It gives a nice overview of the different (often very small) actions the government wants to take to reduce emissions. A december 2007 follow up can be found here
Flanders of course does look further than 2012 : A technical study (in Dutch) (the economical still to follow) to be used as a science-based realistic starting ground to develop a post-2012 scenario. The study, making prognosis until 2020 & 2030) uses 5 BAU-scenario's, differing in economic growth, energy prices & CO2-prices.
The spreading in CO2 emissions of course differs per scenario : a 5% difference by 2020, but a 16% difference between different scenarios by 2030.
In Flanders, at the moment already we have a CO2-trading market which controls emissions. The 2008-2012 plan can be found here (Dutch only !) Towards the end of the file you can see the emission rights PER COMPANY, which i think is pretty cool.
I have the feeling the main conclusion of Flemish politics on climate change is a lot of good will, but a lack of ambition. Wich actually defines the flemish people :-)