Declining concern over climate change
Today 10:45am
Public concern over climate change has dipped steadily since reaching an all-time high following the events of Cyclone Gabrielle, according to the latest Ipsos poll.
Reserve Bank wins international award for work on climate-related risk
Today 10:45am
The Reserve Bank of New Zealand - Te Pūtea Matua scooped two awards at this year’s Central Banking awards, including one for its “pioneering” work on climate stress testing.
Carbon credit deal to provide windfall for Maori landowners
Fri 21 Mar 2025
By Moana Ellis, Local Democracy Reporting | An isolated Maori Land Trust in the central North Island has sealed a groundbreaking carbon credit deal, securing millions for its 4000 owners and tens of thousands of beneficiaries.
If NZ wants to decarbonise energy, we need to know which renewables deliver the best payback
Fri 21 Mar 2025
By Alan Brent and Isabella Pimentel Pincelli | A national energy strategy for Aotearoa New Zealand was meant to be ready at the end of last year. As it stands, we're still waiting for a cohesive, all-encompassing plan to meet the country's energy demand today and in the future.
Media round-up
Fri 21 Mar 2025
In our weekly round-up of climate coverage in local media: Most New Zealanders support meeting our international climate target through a mix of domestic and offshore action; three figures paint a bleak picture of climate reality; and will removing Maori rights clear the way for an attack on the natural world?
CARBON PRICE: NZUs $59.13
Today 10:45am
The Carbon News NZU Index closed at $59.13 on Friday, down 80 cents on the previous day's close.
Greens call for agriculture in, forestry out of ETS
Thu 20 Mar 2025
Yesterday's failed Emission's Trading Scheme auction is 'another indictment' on the government's climate credibility, says Green Party co-leader and climate change spokesperson Chloe Swarbrick.
First ETS auction of the year fails
Wed 19 Mar 2025
The first Emissions Trading Scheme auction of 2025 has failed to sell any 'pollution permits,' with all 1.5 million NZUs rolling over to the June auction.
Tomorrow's ETS auction likely 'non-event'
Tue 18 Mar 2025
The spot price in the compliance carbon market dropped even further at the end of last week, with market watchers predicting that tomorrow's auction is odds-on to sell nothing.
What next for carbon prices?
12 Mar 2025
NZUs are still hovering well below the auction price floor, with collateral due to be lodged by today for participants in the first Emissions Trading Scheme auction of 2025, on March 19.
Germany’s €100bn climate funding
Today 10:45am
Germany’s parliament has voted to create a €500bn defence and infrastructure fund and relax “constitutionally-protected debt rules,” with “the last-minute backing of the Greens” in return for guarantees that €100bn of the funds destined for infrastructure would be allocated for climate and economic transformation investments.
UK: new national forest to see 20 million trees planted
Today 10:45am
Twenty million trees will be planted and 2,500 hectares (6,178 acres) of new woodland created in the west of England as part of a "national forest" drive, the government has announced.
Norway's Equinor scales back climate ambitions as wind changes
Today 10:45am
Equinor has already scaled back its target for installed renewable energy capacity to 10-12 gigawatts (GW) by 2030, from 12-16 GW.
World Glacier Day: UN warns of ‘avalanche of cascading impacts’ as ice melt increases
Today 10:45am
Five of the past six years have witnessed the most rapid glacier retreat on record.
India records severe heat weeks ahead of schedule
Today 10:45am
Severe heatwave conditions have begun sweeping across eastern and western India unusually early in the season, with temperatures exceeding 40°C in several regions.
'Profound' drop in oxygen in the world's lakes in past 20 years
Today 10:45am
Media release | Globally, dissolved oxygen levels in lakes are dropping due to climate change and heatwaves, modeling suggests.
CLIMATE CALENDAR
Today 10:45am
The Carbon News calendar of talks, events, conferences, consultations, and petitions related to climate change.
Iwi join discussion on geothermal potential
Fri 21 Mar 2025
Media release | Progressing a holistic strategy to unlock the potential of New Zealand's geothermal resources, possibly in applications beyond energy generation, is at the centre of discussions with mana whenua at a hui in Rotorua, Resources and Regional Development Minister Shane Jones says.
New report exposes climate finance failures
Thu 20 Mar 2025
Media release | A new climate finance report highlights failings in funding urgent climate action.
