Carbon Credits

MONEY MYSTERY: How much will this cost us?

Tuesday - Treasury expects most emitters to pay the Government a carbon fee this year instead of surrendering carbon credits – and that will cost the country money.

Mâori want say in planting of marginal land

12 Feb 19 - PLANS TO TURN farms on steep country into forests could see the Government run foul of Mâori economic development plans.

Second iwi wants inclusion of older forests

1 Feb 19 - Another major iwi is pushing for tradable carbon credits for a much wider range of forests – and says dairy farmers should be liable for emissions from their businesses.

Maori landowners back use of older forests

29 Jan 19 - Iwi involved in the Treelords settlement are backing calls for extra carbon stored in old and indigenous forests be recognised.

Don't ignore pre-1990 trees, foresters urge

25 Jan 19 - The Emissions Trading Scheme should be used to encourage more carbon storage in old forests, the forestry industry is telling the Government.

Tiwai could lead way in new-deal aluminium

22 Jan 19 - The owner of New Zealand’s only aluminium smelter says the country could have a bright future producing low-emissions aluminium for a carbon-constrained world.

Govt explains why $25 cap should stay for now

21 Dec 18 - The Government says the current cap on the price of carbon needs to stay in place while the Emissions Trading Scheme is reviewed.

Government stalls as carbon price hits high

13 Dec 18 - Record carbon prices have failed to convince the Government that the price cap should be lifted immediately.

Carbon trading will mean fair trading

13 Dec 18 - Insider trading is to be banned from New Zealand’s carbon market.

Government announces wide ETS changes

12 Dec 18 - A cap on emissions, a system to manage carbon credits supply and prices, the inclusion of permanent forests, and the possibility of a price a price floor are the major changes to the Emissions...

ETS changes could see price cap lifted

12 Dec 18 - The next round of changes to the Emissions Trading Scheme to be announced later today could see the $25 price cap lifted.

Our climate efforts 'highly insufficient'

12 Dec 18 - New Zealand’s efforts on climate change remain “highly insufficient” and consistent with twice the level of warming that scientists say we should not go beyond.

Put food first and buy credits, says fertiliser firm

27 Nov 18 - New Zealand should keep producing food and buy international carbon credits to cover its greenhouse gas emissions, says fertiliser co-operative Ravensdown.

How we'll pay for National's mismanagement

12 Nov 18 - Climate mismanagement under the National government means New Zealand will have to use international carbon credits to meet its emissions reduction targets, says a leading carbon forestry executive.

Buying credits last resort, say energy managers

1 Nov 18 - Buying international carbon credits to meet New Zealand’s greenhouse gas emissions reduction commitments will be expensive and should be a last resort, the Government has been told.

Emissions failure will hurt farmers, says Fonterra

31 Oct 18 - A global failure to cut greenhouse gas emissions will see New Zealand farmers face demands for major production cuts, the world’s largest milk-producer is warning.

Getting rid of free credits worth $2b, says TWG

21 Sep 18 - Ditching free carbon credits for trade-exposed heavy emitters could generate $2.1 billion a year in revenue, the Tax Working Group says.

New maps will settle forest-planting posers

19 Sep 18 - The thorny question of whether land is eligible for carbon forests could soon be solved – with a map.

Climate action-man puts new emissions option

14 Sep 18 - The man who got politicians from both sides of Parliament to agree on climate change says there might be a third option for dealing with New Zealand’s greenhouse gas emissions.