New Zealand: All stories

InterCity: Fuel price-driven flight to public transport has started
26 May 2008
InterCity is ready to accommodate a significant shift away from private car use to public transport as increased fuel costs hit home.
Greenpeace: Good initiatives at risk under polluter subsidy plans
26 May 2008
Greenpeace welcomes today's Green Party announcement that all state houses will be properly insulated within five years but warns initiatives like this could be at risk if big polluters get their way.

Continued tax incentives for renewables expected to boost growth 20%
26 May 2008
The US Senate has passed a bil extending tax credits- and authorizing US$2 billion in new bonds to boost renewable energy development.
"Aspirational goal" G8 ministers told climate change not waiting for any of us
26 May 2008
Ministers from G8 Countries say their leaders are likely to agree only aspirational goals when they meet in July.

EXCLUSIVE - National answers questions on ETS: No bill backing even if it gets all it wants
23 May 2008
In response to a series of questions from Carbon News, National says it will bring farmers into the emissions trading scheme, but won’t vote to pass it before the election – even if it can get all six of its key demands into the draft legislation.
Price for NZ First support of ETS not paid yet
23 May 2008
A Budget commitment to help the elderly meet the rising cost of electricity under an emissions trading scheme is just the first concession of several being demanded by New Zealand First as its price for supporting the climate change bill.
Fiscal forecast: ETS will lose Govt $121m net in first commitment period
23 May 2008
The Government will allocate $2,151 million in emission credits and earn $2,030 million from them in the first Kyoto commitment period, making a net loss of $121 million.

Dunne: More than tax cuts needed for households to counter ETS price rises
23 May 2008
There will be justifiable outrage and anger if the Government decides to treat these cuts as effectively a down payment on increases in the cost of living brought on by the Emissions Trading Scheme, according to United Future leader Peter Dunne.
Financiers: Is Kyoto factored into Contact Energy?
23 May 2008
Representatives of several international financial services organisations with operations in New Zealand believe that the value of the climate change regime has not been factored into the value of Contact Energy.
Cullen quizzed on multi-billion ETS surplus from sale of credits
23 May 2008
The Government will make a net revenue gain from the emissions trading system of up to about $159 million a year between 2013 and 2018 - $795 million over five years - and "perhaps" $1b to $1.5 b a year out to 2030.
Greens get warm, energy-efficient houses in Budget win
23 May 2008
Almost $100 million has been secured in the Budget by the Green Party fore measures which includ increasing the energy-efficiency of New Zealand homes, making it the party’s largest-ever Budget package.

Now for the hydrogen powered cellphone
23 May 2008
The French have invented a hydrogen powered cellphone

Keep your hat on Mam: Queen invests in biggest wind turbine
23 May 2008
The Queen is investing is the world's biggest wind turbine.

BP: We've slashed emissions 24% below 2003 levels
23 May 2008
BP says it has cut its GHG emissions 24% below their 2003 level.
Leadership forum to front select committee on ETS
22 May 2008
The Leadership Forum on Climate Change will be the next group to front-up to the Parliamentary select committee as jockeying continues over who will and will not support the climate change bill that will bring in the emissions trading scheme.
Business-as-usual Budget for climate change
22 May 2008
Today’s Budget will not be the big-bang for the environment that Australians experienced with their Budget last week, but will contain some steady-as-she-goes policy continuation.

Aggressive EU move to use Fiji as carbon sink, vital for NZ forest interests
22 May 2008
Fiji is facing a new future as a repository of carbon credits.
Govt's moratorium won't affect electricity supply - Caygill
22 May 2008
A moratorium on new thermal power plants is unlikely to affect security of supply, says the Electricity Commission.

ANALYSIS: National delivers heavy emitting friends into tougher hands
22 May 2008
National’s decision to abandon support for the emissions trading bill has effectively delivered more power to parties wanting a tougher line on heavy emitters.
Australia's first carbon trade cheap and symbolic
22 May 2008
Australia’s first carbon trade was well below international market levels and should be viewed as largely symbolic, says local trading house OM Financial.

Delaying the ETS risks electricity security , delays to win energy investment
22 May 2008
Delaying the Emissions Trading Scheme risks discouraging investment in new electricity generation, says Gerry Coates, Chair of the New Zealand Wind Energy Association.

Brownlee - thermal generation shows need for power saving campaign
22 May 2008
National Party Energy spokesman Gerry Brownlee says Energy Minister David Parker should be thinking seriously about ordering a public power saving campaign for winter.

Investment in coastal shipping welcomed
22 May 2008
The Customs Brokers and Freight Forwarders Federation (CBAFF) has welcomed Transport Minister Annette King’s announcement of $36 million funding to help revitalise coastal shipping in New Zealand.

Behind Latin America's Food Crisis
22 May 2008
By Laura Carlsen , Americas Program, Center for International Policy (CIP) . -Even a year ago, few people would have predicted that a global food crisis would make headlines as one of the major concerns for the future of the world.
Former electricity executive new Commerce Commission CEO
22 May 2008
Nick Hill has been appointed new CEO of the Commerce Commission .

Ka kite Rio Tinto….kia ora ETS
21 May 2008
The Maori Party has launched a stinging attack on big businesses that it says are trying to bully the Government into transferring the cost of their greenhouse-gas emissions on to taxpayers, suggesting that the party is going to give the Government the numbers to pass the emissions trading scheme into law.

ETS bill vote support scenarios favour bill’s passage
21 May 2008
Labour could carry its emissions trading bill through the House with a maximum of 70 votes to 51 if it gathers the support of its current coalition partners and independent MP Taito Phillip Field.

The "windfall" controversy: Long term fiscal impact of ETS will be in Budget
21 May 2008
EXCLUSIVE: Finance Minister Michael Cullen has told Carbon News he will reveal Treasury’s long-term fiscal projections for the emissions trading scheme in tomorrow’s Budget.

Smith: Labour needs to come clean on multi-billion dollar ETS windfall profits
21 May 2008
National yesterday again challenged the Government to release the official papers that reveal just how much the Government is set to profit from the emissions trading scheme, saying it is "apalled" it has been denied leave to table official documents in Parliament.
Get soil recognised as carbon storer, say scientists
21 May 2008
Scientists working on quantifying the carbon-storage potential of New Zealand soils are urging officials to start work now on getting soil recognised in the next round of climate-change protocols.

Major move to shift 30% of inter-regional freight to sea
21 May 2008
The Government has announced a $36 million investment to revitalise coastal shipping, to slash land transport fuel use and emissions.

Pacifica: Funding boost will stimulate coastal links
21 May 2008
The Government's $36 million coastal shipping development programme couldsee new ships used and former coastal shipping routes re-opened.
Deforestation Risk Overstated
21 May 2008
Fears that a temporary delay in the passage of the Climate Change (Emissions Trading and Renewable Preference) Bill could lead to significant deforestation are unfounded, according to the Flexible Land Use Alliance.
Top climate change academics shun National's bid to delay ETS
21 May 2008
An academic group from Victoria University's Institute of Policy Studies has come out publicly with "several arguments" why the legislation should not be deferred.

Coastal shipping revamp to play major role in emissions cuts
20 May 2008
The Government today will announce plans to more effectively link rail and coastal shipping and to make it easier for port companies to access government funding for infrastructure development.

Fitzsimons: Bill must have teeth or I won't bite
20 May 2008
Green Party co-leader Jeanette Fitzsimons says that she will not be voting for the climate change bill if it does not have any teeth.

ETS delay will cost taxpayers money, says trader
20 May 2008
Carbon trading house OM Financial is warning that delaying the introduction of New Zealand’s emissions trading scheme will cost taxpayers money.

Fed Farmers pushes to have soil carbon sequestration included in ETS
20 May 2008
Federated Farmers is calling for a greater push toward getting soil recognised as a legitimate method of storing greenhouse gases, saying that it would be a boon to farmers struggling to deal with emission from animals.

One, two, tree … big emitter counts on the children
20 May 2008
One of our biggest carbon emitters is launching a campaign to get New Zealanders to reduce energy use – and is using children to do it.
Electricity market: Prices continue to rise
20 May 2008
Electricity prices continued to rise last week.
Who pays for climate change?
20 May 2008
OPINION: New Zealand Centre for Political Research.- Last week the Parliamentary Commissioner for the Environment came out in support of the Government's Emissions Trading Bill as the gateway to a 'carbon-constrained future':

Let’s cool it, says Key, and sends ETS into a spin
19 May 2008
The National Party has kicked the emissions trading scheme into touch, saying it won’t support the bill in its present form and wants to delay passing it until after the election.

Worried farmers: We want to be part of the ETS
19 May 2008
Farmers want to do their bit and be part of the emissions trading scheme, says Federated Farmers president Charlie Pedersen.

Process all above board, says ETS chair Chauvel
19 May 2008
Finance and expenditure select committee chair Charles Chauvel is defending the way in which the committee has dealt with the climate change bill, and says that work is on schedule to report back to Parliament next month.

Nats could be punished, say environment groups
19 May 2008
Environment groups are warning the National Party that it could be punished at the ballot box for failing to take decisive action on climate change.

Canadian with Kiwi connections to take over Genesis
19 May 2008
Canadian New Zealander Albert Brantley is to be the new boss of Genesis Energy, operator of the Huntly power station and New Zealand’s largest electricity retailer.

ETS will trim Kyoto bill $909 million, pushes Key further out on policy tightrope
16 May 2008
The emissions trading scheme will avoid a 15 to 50 million tonne rise in emissions between 2008 and 2012, Climate Change Issues Minister David Parker has told Parliament, in what appears to a ground preparing statement ahead of National leader John Key’s ETS policy announcement this Sunday.

Expert tells businesses: Wake up, it’s happening now
16 May 2008
New Zealand businesses that fail to act now on carbon face a real risk of losing market share, with many already feeling the financial impact of the new way of doing business, says PWC partner Julia Hoare.

NZ energy-miser motor could lead the world
16 May 2008
A revolutionary New Zealand-designed electric motor with the potential to save huge amounts of energy and carbon has won $1.75 million of government research funding.

Gas from our coal could provide energy for 1600 years
16 May 2008
A report by New Zealand’s former technical supremo on coal, Peter Toynbee, indicates that New Zealand is in a powerful position in regard to coal-generated energy.