Labour condemns Govt plan to stop climate litigation
Fri 15 May 2026
By Liz Kivi | The Labour Party has slammed the Government’s move to block climate lawsuits against big emitters but won’t say if they would repeal the legislation if elected in November.
Mercury eyes $1b geothermal expansion near Taupō
Fri 15 May 2026
Mercury is planning the next phase of its geothermal expansion near Taupō, with two proposed projects carrying a potential investment of up to $1 billion and enough new renewable generation to power an additional 125,000 homes.
Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime
Fri 15 May 2026
By Hang Pham, Te Herenga Waka — Victoria University of Wellington | Most of us are familiar with the concept of greenwashing: organisations exaggerating or overstating their environmental credentials. But in New Zealand, there are signs the country’s climate disclosure regime may inadvertently be driving a very different trend: not saying much at all.
Media round-up
Fri 15 May 2026
In our round-up of climate coverage in local media: The government's move to change climate law removes a key protection for NZ citizens, farmers should be paid to use methane-busting tools, and it's one step forward, three steps back on environment policy.
Move to block lawsuits could strengthen climate case against Govt
Thu 14 May 2026
By Liz Kivi | The Government’s plan to block climate lawsuits – while potentially fatal for one groundbreaking climate case – could actually bolster claims in another live climate case underway against the Government.
Govt unveils long-awaited voluntary carbon market guidance
Fri 15 May 2026
By Shannon Morris-Williams | The Government has released long-awaited guidance for New Zealand’s voluntary carbon and nature markets, as questions continue for the sector despite ministers signalling support for its growth.
CARBON PRICE
Fri 15 May 2026
Exclusively for subscribers, the Carbon News NZU Index tracks daily movements in the compliance carbon market across multiple trading platforms.
Carbon News updates forward curve
Wed 13 May 2026
Carbon News has updated its ten-year NZU forward curve, following a recent rise in spot market prices, with NZUs rallying from about $34 in January to nearly $54 in early May.
Conservation land open for voluntary carbon market schemes
Tue 12 May 2026
By Pattrick Smellie | The government is to open up the Crown-owned conservation estate to private investment in voluntary carbon market projects.
Australian operator to run NZ ETS auctions
Mon 11 May 2026
The Government has appointed an Australian company to run its Emissions Trading Scheme auctions, taking over from NZX, which has operated the ETS auctions since they began in 2021.
UN members prepare for pivotal vote on landmark ICJ climate justice ruling
Fri 15 May 2026
If the resolution is passed, governments will recognise their legal responsibility to cut greenhouse gas emissions.
Global oil supply to plunge below demand this year due to Iran war, IEA says
Fri 15 May 2026
Global oil supply will fall short of total demand this year as the Iran war wreaks havoc on Middle East oil production and drains inventories at an unprecedented pace, the International Energy Agency said on Wednesday, upending its earlier outlook calling for a surplus.
Calls to exploit vast Mediterranean gas reserves at Cyprus energy crisis summit
Fri 15 May 2026
Cyprus, Greece and Romania suggest Europe's energy transition can wait.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
Fri 15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
UK halves Green Climate Fund contribution, as it spends more on security
Fri 15 May 2026
After promising £1.6 billion to the UN’s flagship climate fund in 2023, the UK government has now said it will only hand over half as much.
Fourth petroleum permit application enters competitive process
Fri 15 May 2026
Media release: New Zealand Government | The fourth petroleum exploration permit application since the removal of the exploration ban late last year has entered the open market competitive process, an encouraging signal of renewed confidence in investing in the country’s sector, Resources Minister Shane Jones says.
CLIMATE CALENDAR
Fri 15 May 2026
The Carbon News calendar of talks, events, conferences, consultations, and petitions related to climate change.
Combined climate extremes may prompt carbon budget rethink
Thu 14 May 2026
Media release: Springer Nature | Combined extreme climate events are likely to become more common in the future if carbon emissions continue to rise, a paper in Nature suggests.
Government biodiversity credit scheme welcomed as opportunity for restoration
Tue 12 May 2026
Media release | Forest & Bird says today’s Government announcement supporting the development of voluntary biodiversity credit schemes has potential to bring about much needed investment into nature restoration.
Stripy wind turbines could save some birds
8 May 2026
Media release: Royal Society Interface | Preventing birds from colliding with wind turbine blades could be as simple as a few paint stripes, according to international researchers, who say this could help protect wildlife as renewable energy expands.
