Treasury says 2030 climate target could cost $5 billion
Thu 11 Jun 2026
By Liz Kivi | Treasury is predicting it could cost between $4.4 and $5 billion to buy the offshore mitigation needed to meet New Zealand’s 84-96 million tonne emissions reduction shortfall for its 2030 target under the Paris Agreement.
LNG imports might not be needed for 'dry year' security: redacted report
Thu 11 Jun 2026
By Oli Lewis | The need for imported liquefied natural gas to provide security of supply in a dry year is low, according to newly released modelling, with some scenarios featuring higher levels of renewable generation requiring no gas imports at all.
Govt backs faster uptake of on-farm emissions tools with $51m fund
Thu 11 Jun 2026
By Shannon Morris-Williams | The Government is investing up to $51 million over three years to help accelerate the uptake of on-farm emissions reduction technologies, with a new AgriZeroNZ initiative aimed at getting proven tools into the hands of farmers sooner.
Once-in-a-century floods routine as sea levels rise due to climate change
Thu 11 Jun 2026
By Shannon Morris-Williams | A coastal flood expected to occur just once every 100 years is now hitting Wellington about twice a year, according to new international research that scientists say offers clear evidence of how climate change is already reshaping New Zealand's coastline.
Liebreich: Electrify first, insure second
Thu 11 Jun 2026
New Zealand is having an argument about gas while the rest of the world is building an electric future. That, in essence, is the challenge Michael Liebreich left behind after a visit to Wellington last week.
CARBON PRICE
Thu 11 Jun 2026
Exclusively for subscribers, the Carbon News NZU Index tracks daily movements in the compliance carbon market across multiple trading platforms.
‘A shame’: experts on decision to send Govt carbon auctions offshore
Wed 10 Jun 2026
By Liz Kivi | Carbon market experts are questioning whether the Government has made the right decision in sending its auctions of carbon 'pollution permits' worth billions of dollars offshore.
No bidders again: NZ carbon auction extends losing streak
Tue 9 Jun 2026
By Shannon Morris-Williams |New Zealand's carbon auction has failed for the sixth consecutive time, with no bidders emerging for the 2.6 million NZUs on offer as secondary market prices remain well below the Government's $71 auction floor price.
Carbon auction set to fail while new data suggests sharp decline in stockpile
Mon 8 Jun 2026
By Liz Kivi | Tomorrow’s carbon auction is odds-on to fail again, even as the latest figures from the Environmental Protection Authority show the ‘stockpile’ of NZUs continuing to decline.
NZ’s ‘light‑touch’ approach to voluntary carbon and nature markets may unlock finance but risks credibility
2 Jun 2026
By Jennifer Campion, University of Waikato | The government’s recent announcement of support for voluntary carbon and nature markets effectively offers a “warrant of fitness” to signal which markets can be trusted, without directly regulating them.
Solar power hits new milestones in the US even as Trump boosts coal over clean energy
Thu 11 Jun 2026
Even as President Donald Trump boosts coal over clean energy, solar power is hitting new milestones in the U.S. and remains the leading source of new power.
Super-rich’s assets cause outsized amount of climate harm, study says
Thu 11 Jun 2026
Greenpeace calculates that wealthiest contribute nearly $1tn of damage a year with ownership-based emissions.
GHG Protocol under fire as standards board member resigns
Thu 11 Jun 2026
At the heart of former GHG Protocol standards board member Danny Cullenward’s complaint is the protocol’s approach to forest carbon accounting.
China's green-energy drive will shift up a gear
Thu 11 Jun 2026
A pessimistic interpretation is that the greenification of the world's second-largest economy will always be stop-start. Yet that's wrong. China has both the means and the motive to drastically speed up its decarbonisation drive.
BP relegates Net Zero division as it pivots back towards oil and gas
Thu 11 Jun 2026
BP has pared back its Net Zero division as it pivots back towards oil and gas.
NZ’s largest rooftop solar switched on at Fisher & Paykel Healthcare
Thu 11 Jun 2026
Media release | Sunergise, New Zealand’s leading commercial solar company, has switched on the country’s largest-ever rooftop solar installation at Fisher & Paykel Healthcare’s East Tāmaki campus in Auckland.
CLIMATE CALENDAR
Thu 11 Jun 2026
The Carbon News calendar of talks, events, conferences, consultations, and petitions related to climate change.
Antarctic surface melt set to increase dramatically this century, new study finds
Wed 10 Jun 2026
Media release – Victoria University | New research shows surface melting across Antarctica is set to intensify and spread dramatically over the 21st century, with melt increasing by 10 times and the area affected growing by more than 10 percent by 2100 if global temperatures continue to rise.
The environment needs fixes now, says new director
5 Jun 2026
Media release: Auckland University | Innovative solutions to environmental problems are urgently needed, because our wellbeing depends on it, says Professor Dan Tompkins, the new director of the Centre for Climate, Biodiversity and Society, Ngā Ara Whetū, at the University of Auckland.
Construction set to begin on Hawke’s Bay’s first utility-scale solar farm
4 Jun 2026
Construction is set to begin on Hawke’s Bay’s first utility-scale solar farm this spring, with joint venture partners Centralines and Lodestone Energy confirming the $50 million project is moving into delivery.
