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Policy Development

The New Zealand Government web site explaining the NZETS and latest developments is at

Government to snaffle 1:2 subsidy revenue

Today 11:00am - Revenue from the scrapping of the one-for-two subsidy will not be earmarked to fund emissions-reduction policies.

So, what does it mean for climate change?

Today 11:00am - What’s in the Budget for climate change?

What they said ...

Today 11:00am - Budget – what they said on the removal of the one-for-two carbon subsidy:

Carbon prices jump after Budget breakthrough

Nigel Brunel

Thursday - Carbon prices jumped this afternoon on confirmation that the one-for-two subsidy is to be phased out, and could reach $20 by the end of the year.

New report sees world of expanding carbon markets

Thursday - Carbon markets will expand on the back of the Paris Agreement, and carbon prices will need to rise to between $50 and $66 for the world to meet the climate change agreement’s goals, a new survey says.

US insurance aid props up climate-risk homes

Thursday - Lloyd’s, one of the world’s biggest insurance companies, says the US government must stop providing insurance subsidies to homeowners building on flood plains and in coastal areas exposed to mounting risks related to climate change.

Now hear this ...

Thursday - If the development of international carbon markets is your idea of a good story, settle back with your headphones and listen to this.

PARIS PUSH: Pact could be ready to go next year

Jo Tyndall

Wednesday - The Paris Agreement could well come into force next year, says a New Zealander leading work to flesh out the details of the new global climate change pact.

CARBON CRISIS: Our emissions up a whopping 56%

Monday - New Zealand’s net greenhouse gas emissions – the amount it actually contributes to damaging the climate – rose a whopping 56.7 per cent over 24 years in which it was supposed to be cutting emissions,...

Scientists can't do it alone, says PM's adviser

Sir Peter Gluckman

Monday - The Prime Minister’s chief science adviser has told a United Nations forum that scientists and policy-makers need to work together on issues like climate change.

I agree this is serious, Bennett tells scientists

Paula Bennett

20 May 16 - A group of scientists and other prominent New Zealanders has had a reply to a letter accusing the Government of an “indefensible” lack of leadership on climate change.

Why funds managers must come clean on climate risks

18 May 16 - Superannuation and other fund managers should be telling customers just how big a risk climate change is to their investments, says the government’s financial markets regulator.

Chairman aside, AMP says it's serious about climate

Simon McKeon

18 May 16 - AMP says it is taking climate change seriously, despite a recent comment from chairman Simon McKeon that suggested otherwise.

New RMA proposals won't cut it, say farmers

17 May 16 - Federated Farmers told the select committee considering the Resource Legislation Amendment Bill yesterday that current proposals will reduce the opportunity for public input, reduce opportunity for...

Memo property investors: You have a climate duty

Emma Herd

13 May 16 - Real estate investors now have a fiduciary duty on climate change, say the authors of a new guide on sustainable real estate investment.

Student caps ceremony with message for management

12 May 16 - An Auckland University student used his own graduation ceremony yesterday to draw attention to the university’s refusal to divest from fossil fuels.

FAIR GO: What to make of our emissions targets

11 May 16 - New Zealand’s post-2020 emissions reduction target is fair - if you don’t expect rich countries to bear the brunt of fixing the climate change problems they’ve caused, a new government paper shows.

How a global carbon price will bring emissions down

11 May 16 - International carbon trading and a single global carbon price will drive deeper emissions cuts than those promised by countries under the Paris Agreement, a new report says.

Bloomberg task force extends deadline

11 May 16 - The Task Force on Climate-Related Financial Disclosures is extending its deadline for consultation.

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