New Zealand: Politics
NZ unlikely to use banked credits, says minister
22 Jun 2016
The Government is unlikely to use New Zealand’s banked carbon credits to make-good on hot-air credits we have already surrendered internationally, a Parliamentary select committee has heard.
Bennett vows to hold carbon price at $25
21 Jun 2016
New Zealand’s carbon price cap will not rise above $25 for a long time – but neither will it go down, Climate Change Minister Paula Bennett has told a select committee.
DIRTY DOLLARS: PM's bank backs the big polluters
16 Jun 2016
A bank in which Prime Minister John Key is a shareholder has been named one of the worst in the world for its level of investing in fossil fuels.
Carbon should trade in limited range, says forester
15 Jun 2016
New Zealand’s carbon prices should be kept within a band of $15 to $50, says a forestry company that has played a leading role in developing the carbon market.
Why we're getting it wrong on growth of cities
14 Jun 2016
New Zealand is failing to use joined-up thinking when it comes to preparing for the impacts of climate change, says the head of environmental planning at Waikato University.
$20b Brownlee: We're doing all we can for climate
10 Jun 2016
Defence Minister Gerry Brownlee says the Government is making every effort it can to cut New Zealand’s greenhouse gas emissions.
SEA-RISE RISK: We're facing damage worth billions
9 Jun 2016
More than a billion dollars worth of New Zealand’s road and rail networks is at risk from rising sea levels caused by climate change, a Ministry of Transport report says.
CLIMATE CO-OP: Welcome to Coalition of the Willing
1 Jun 2016
The announcement yesterday of a formal working relationship between the Labour and Green parties is a potential turning-point in New Zealand’s battle to adapt to climate change.
YES! We have ideas ... lots of them
1 Jun 2016
The organisers of yesterday’s Yes We Can! seminar on how to transition the New Zealand energy system to a low-carbon future have got a good problem – too many ideas.
Southern long-fin eels to go it alone
1 Jun 2016
Management of at-risk native long-fin eels in the South Island is to be separated from management of their short-fin cousins.
How we can slash emissions from industrial buildings
31 May 2016
New Zealand could cut greenhouse gas emissions by nearly a million tonnes a year by 2030 through better energy management in commercial buildings, says the Energy Management Association.
FOOD FOR THOUGHT: We're being taught not to waste it
31 May 2016
New Zealanders are about to get lessons in how not to waste food.
Diplomat takes on agriculture emissions job
31 May 2016
New Zealand’s Ambassador to Argentina has got a new job – selling the importance of finding ways to reduce greenhouse gas emissions from agriculture.
Funding round opens for emissions research
31 May 2016
The fourth round of the funding for research to cut agricultural greenhouse gas emissions is open.
OFF TARGET: Carbon over-shoot could cost billions
30 May 2016
Officials warned the Government that New Zealand was at risk of over-shooting its 2030 emissions reduction target by 150 million tonnes – due largely to subsidies to emitters and a stockpile of privately held carbon units.
Public signals support for scrapping of 1:2 subsidy
30 May 2016
Scrapping the one-for-two carbon subsidy has widespread support, if submissions on the current review of the Emissions Trading Scheme are anything to go by.
Catholic Bishops back agriculture in ETS
30 May 2016
An agency of New Zealand’s Catholic Bishops says agriculture must be brought into the Emissions Trading Scheme.
Government to snaffle 1:2 subsidy revenue
27 May 2016
Revenue from the scrapping of the one-for-two subsidy will not be earmarked to fund emissions-reduction policies.
What they said ...
27 May 2016
Budget – what they said on the removal of the one-for-two carbon subsidy:
BUDGET 2016: One-for-two goes but price cap stays
26 May 2016
The one-for-two subsidy to emitters will be phased out from January, but the $25 price cap and the allocation of free credits to trade-exposed heavy emitters are staying, the Government has just announced in the Budget.
Carbon prices jump after Budget breakthrough
26 May 2016
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.
NATS' 19%: Bennett blames population growth
26 May 2016
New Zealand’s net greenhouse gas emissions have gone up 19 per cent under the National Government – and Climate Change Minister Paula Bennett is blaming population growth.
Minister puts figure on hot-air credits
26 May 2016
More than a quarter of the units New Zealand used to meet its Kyoto commitments were hot-air credits, Climate Change Minister Paula Bennett said in Parliament yesterday.
New report sees world of expanding carbon markets
26 May 2016
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
26 May 2016
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 ...
26 May 2016
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
25 May 2016
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%
23 May 2016
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, new Government data shows.
Scientists can't do it alone, says PM's adviser
23 May 2016
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
20 May 2016
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 2016
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
18 May 2016
AMP says it is taking climate change seriously, despite a recent comment from chairman Simon McKeon that suggested otherwise.
ETS ANSWERS: Three ways to make it work
17 May 2016
Bringing agriculture into the Emissions Trading Scheme, setting an emissions cap, and building cross-party support to cut emissions and lift carbon prices should all be part of the ETS review, says one of its architects.
New RMA proposals won't cut it, say farmers
17 May 2016
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 local decision making, and increase process costs.
Memo property investors: You have a climate duty
13 May 2016
Real estate investors now have a fiduciary duty on climate change, say the authors of a new guide on sustainable real estate investment.
Forest carbon storage risky, warns thinktank
12 May 2016
Storing carbon in forests is risky and should be used to meet no more than a fifth of New Zealand’s emissions reductions, says a group of prominent scientists and other New Zealanders.
Student caps ceremony with message for management
12 May 2016
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 2016
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 2016
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 2016
The Task Force on Climate-Related Financial Disclosures is extending its deadline for consultation.
CREDITS CRUNCH: We'll need millions of international units
5 May 2016
New Zealand is likely to need up to 220 million international credits to meet its 2030 emissions reduction target because even a domestic carbon price of $300 a tonne is unlikely to drive enough domestic emissions cuts, the Government says.
Make ETS like a market, says our biggest emitter
3 May 2016
New Zealand’s largest emitter of greenhouse gases says that carbon trading needs to be automated and standardised.
Busy Bennett draws up climate to-do list
3 May 2016
Higher carbon prices, scrapping the one-for-two, and a detailed plan to decarbonise the New Zealand economy are on Climate Change Minister Paula Bennett’s to-do list.
Government might not carry over units
3 May 2016
The Government might not carry any carbon units over after 2020.
Run carbon prices like the dollar, says academic
2 May 2016
Carbon prices should be managed like the Reserve Bank manages the value of the New Zealand dollar, a submission on the Emissions Trading Scheme is recommending.
Morganites want moratorium on free credits
2 May 2016
A think-tank which has strongly criticised New Zealand’s use of hot-air credits is now calling for a one-year moratorium on the allocation of free credits to trade-exposed heavy emitters.
Officials eye pile of ETS submissions
2 May 2016
Government officials are today working their way through a large stack of submissions on the technical aspects of the Emissions Trading Scheme.
CLIMATE CRISIS: Why English must act on costs
29 Apr 2016
Finance Minister Bill English must investigate the fiscal implications of climate change, says the Parliamentary Commissioner for the Environment.
Watchdog wants answers to solar questions
29 Apr 2016
The Parliamentary Commissioner for the Environment is investigating whether the uptake of solar panels really will cut New Zealand’s greenhouse gases.