New Zealand: Politics

Foresters get carbon credits ... but what now?
14 Apr 2009
Forest owners have received their first batch of carbon credits but are unsure about insuring and on-selling them.

Uncertainty keeps NZUs volatile, says trader
14 Apr 2009
The price of New Zealand Units is likely to remain volatile for another six months, says a leading trader.

Cross-party pact vital for ETS, says Vector
9 Apr 2009
A strong cross-party agreement on durable climate change policy is the single most important thing that the emissions trading scheme review committee must deliver, the committee is being told this morning.

Energy leaders have big day out at ETS hearings
9 Apr 2009
The energy sector gets its chance to be heard by the ETS review committee this morning.

HFCs clampdown could backfire, company warns
9 Apr 2009
Clamping down on the so-called “bad boys” of human-induced climate change -hydroflourocarbons (HFCs) - in the emissions trading scheme could backfire and actually lead to increased emissions, warns an air conditioning company.

Labour: We're ready to start work on joint ETS
7 Apr 2009
Work on a joint National/Labour emissions trading scheme could start as early as this week, says Labour climate change spokesman Charles Chauvel.

NZ Steel seeks suspension of ETS
7 Apr 2009
The stakes are high for NZ Steel as it contemplates the impact that its presentation to the ETS review committee last week might have had.

Concrete plant swings on ETS, says manufacturer
7 Apr 2009
The axe could fall on plans for a major new concrete manufacturing plant if the emissions trading scheme review committee does not heed industry warnings.

Dunne: With Labour, we'll reach ETS agreement
3 Apr 2009
The chairman of the emissions trading scheme review committee is predicting that Labour and National will reach agreement over a scheme which will have some degree of harmonisation with Australia.

US cap-and-trade bill may pose problems for NZ large emitters
3 Apr 2009
The latest cap-and-trade bill introduced in Congress offers the United States’ large emitters less transitional assistance than their New Zealand counterparts.

NZUs allocation clear sign of future ETS plans
3 Apr 2009
The Government’s allocation of eight million NZUs to the Crown’s holding account on Wednesday is a clear sign that the emissions trading scheme is here to stay.

Banks add climate clause to new loan agreements
3 Apr 2009
Banks are writing climate change clauses into their loan agreements.
Business leaders welcome multi-party deal talks on ETS
3 Apr 2009
Business leaders are welcoming statements by the National, Labour and Green parties that they are prepared to discuss a multi-party deal on an emissions trading law.

NZ carbon price cap backward step, says trader
31 Mar 2009
Capping New Zealand carbon prices as part of harmonising an emissions trading scheme with Australia would be a backward step, says a leading trader.

No hurry on methane emissions, says Groser
31 Mar 2009
Trade and Associate Climate Change Minister Tim Groser says that with no technology available to counter agricultural methane emissions, New Zealand will not push the case just for a 'first' on emissions trading.

ETS review hearings start on Thursday
31 Mar 2009
The ETS review committee will begin hearing submissions on Thursday morning, with the list of those who will be presenting being provided to committee members tonight.

National-Labour-Green deal possible on ETS
27 Mar 2009
The National Government could have a majority for a revised emissions trading scheme without the Act Party.

Energy leader backs cross-party action on ETS
27 Mar 2009
The prospect of cross-party support for an emissions trading scheme is being welcomed by energy infrastructure company Vector.

ETS hearings timetable out today
27 Mar 2009
Submitters to the ETS review committee should know later today the timetable for submission hearings.

Insurers work through climate disasters liability
27 Mar 2009
The insurance industry is grappling with the issue of how to insure against carbon lost through fires, biosecurity breaches, cyclones and other disasters.

Energy leader calls for carbon tax solution
24 Mar 2009
New Zealand’s largest domestically owned and operated energy company is calling for the government to postpone the emissions trading scheme and reconsider a carbon tax.

Harmonising Tasman emissions schemes could mean massive losses
24 Mar 2009
Harmonising the Australian and New Zealand emissions trading schemes could cause massive losses for forestry firms here and bring fuels into the scheme six months early.

NZ business leaders slow on carbon market uptake
24 Mar 2009
TZ1 chief Mark Franklin says that New Zealand businesses are slow at coming to terms with carbon markets.

Australia move could cut agriculture from ETS
20 Mar 2009
Aligning New Zealand’s emissions trading scheme more closely with that of Australia could mean an indefinite delay to bringing agriculture into the scheme, opening this country to charges of unfair subsidies, Greenpeace says.
ETS select committee starts hearing views
20 Mar 2009
The select committee reviewing the emissions trading scheme has started hearing submissions.

Capital acts to reduce carbon footprint
17 Mar 2009
Greater Wellington's Regional Sustainability Committee has implemented what it describes as a new regional greenhouse gas emissions inventory - a plan to reduce the region's overall carbon footprint.

Govt setting bad example, says UN award winner
13 Mar 2009
The scaling back of government green initiatives is setting a bad example for the private sector, says a Wellington environmental consultancy that has just been recognised by the United Nations.

Select committee has a chance to get it right
13 Mar 2009
The emissions trading scheme review is a good process which could give New Zealand a chance to “get it right”, says a leading climate change adviser.

Chauvel: Forget Australia and get on with our ETS
13 Mar 2009
Calls for alignment with Australia are really calls for New Zealand to delay the implementation of its emissions trading scheme, says Labour’s climate change spokesman Charles Chauvel.

Good week for the Roundtable
10 Mar 2009
COMMENT: The Business Roundtable will be pleased with the influence it is achieving through Nick Smith’s office.

Smith calls for new report on cost of ETS
6 Mar 2009
Two teams of economists with different opinions about the cost of the emissions trading scheme have been told to come up with a joint report for the ETS review.

Include biochar in ETS, urges top scientist
6 Mar 2009
World-renowned Australian scientist Professor Tim Flannery says that biochar technology – acknowledged as possibly our greatest chance of reducing atmospheric carbon – should be included in New Zealand’s emissions trading scheme.

Minister backs ETS review climate change stand
6 Mar 2009
The emissions trading scheme review is standing by its decision not to hear debate about the validity of climate change science - and has the backing of Climate Change Minister Nick Smith.

ETS delay hampers lake protection moves
6 Mar 2009
Delays in establishing a domestic carbon market are hampering the efforts of a trust set up to protect an iconic New Zealand natural landmark.

Key Business NZ manager now minister's ETS kingpin
3 Mar 2009
Business New Zealand's energy, environment and infrastructure manager has a new job advising the government on climate change and emissions trading.

CTU pushes for environment and social projects
3 Mar 2009
The Council of Trade Unions is calling on the Government to set up a major programme of environmental and social projects as part of its package to kick start the economy.

ETS submissions close, but numbers are secret
3 Mar 2009
Submisisons on the review of the emissions trading scheme have closed - but just how many there are is still under wraps.

Business group to push for interim green tax
27 Feb 2009
The prospect of delaying the emissions trading scheme and introducing a green tax as an interim measure is being raised by a major business group.

Roundtable lines up Lomborg for second tour
27 Feb 2009
The New Zealand Business Roundtable appears to be planning a reprise tour of New Zealand by influential climate change academic Bjorn Lomborg.

NZUs market needs more industries, say foresters
24 Feb 2009
The NZUs market will not operate efficiently until other industries enter the emissions trading scheme, a forestry company is telling the Government.
TZ1 signs up another scheme
24 Feb 2009
New Zealand-based environmental markets registry provider TZ1 Registry has been appointed as the global registry for Plan Vivo.

Carter confirms ETS is the way to go
20 Feb 2009
Agriculture Minister David Carter says an emissions trading scheme remains the Government’s preferred option.

Green ideology gets blame for tragic bushfires
20 Feb 2009
The Australian Unity Party is circulating in New Zealand an article by Sydney Morning Herald conservative columnist Miranda Devine headed "Green Ideas Must Take Blame for Deaths".

Our carbon bill set to pass $600 million mark
17 Feb 2009
New Zealand’s estimated carbon liability could climb above $635 million when Treasury updates the underlying price of carbon it uses to calculate New Zealand’s carbon bill – despite the fact that carbon prices are at an all-time low.

Big emitters win more time to put ETS review case
13 Feb 2009
The closing date for submissions on the emissions trading scheme review has been extended because a group representing some of New Zealand’s largest companies realised it wasn’t going to be heard, Carbon News has learnt.

Capital might dump expensive green recycling bins
13 Feb 2009
Wellington City Council’s plan to make its kerb-side rubbish recycling system user-pays has surprised many in the eco-conscious capital.

Top polar scientists turn eyes on Antarctica
10 Feb 2009
More than 50 top international polar scientists meet in Wellington this week to discuss their cutting-edge climate change research.

Mighty River chief takes on carbon management
23 Jan 2009
It might not seem like the natural time to leave an established career in general management and take up a role in a new carbon funds management company, but for New Zealand Carbon Funds Management managing director James Moulder the timing is perfect.

ETS review submissions start to flow
23 Jan 2009
Submissions on the review of the emissions trading scheme are starting to trickle in.

Cheaper carbon is the up-side of the downturn
20 Jan 2009
The cost of implementing an emissions trading scheme is falling with the recession, says a prominent business adviser.