New Zealand: All stories

Nitrification inhibitors critical to clean dairying
19 Mar 2008
If every one of the country’s 5000-odd dairy farmers were to spray their pastures with Ravensdown’s Eco-N, nitrous oxide emissions from all of New Zealand’s pastoral farming would be cut to below 1990 levels, the company says.

CARBON NEWS FORUM: BP Chief Executive - Action needed now to smooth transition to low carbon economy
19 Mar 2008
"Across the world we're at an inflection point as far as the future energy mix is concerned. If we act now to develop sustainable regulatory and fiscal structures, we will be able to smooth the transition to a lower carbon economy of the future. If we wait, then that transition could be very difficult indeed" said BP chief executive Tony Hayward at the Third International Renewables Energy Conference.

Smith reveals National’s goal for integrated trans-Tasman ETS, plans to protect emitting industries beyond 2025
18 Mar 2008
Avoiding a repeat of Labour’s economic strip-tease of the 1980s, and integrating the New Zealand emissions trading scheme (ETS) with Australia’s will be key planks in the National Party’s climate change policy at this year’s general election.

Key backs ETS – with balance
18 Mar 2008
Opposition Leader John Key says his party supports the proposed New Zealand emissions trading system, describing it as “a good model, market-based, it works”. He also talked of further reforming the planning laws so renewable energy projects could proceed.

Business leader says to trust prices to look after the environment
18 Mar 2008
Businesses should reinforce their belief in the power of markets to put a price on carbon and take care of the environment.
Continental plans bio fuel test flight
18 Mar 2008
Continental Airlines, Boeing and GE Aviation have announced plans to conduct a biofuels demonstration flight in the first half of 2009 in an effort to identify sustainable fuel solutions for the aviation industry.
Aquaflow aviation specialist for key projects
18 Mar 2008
Algae biodiesel developer Aquaflow Bionomic Corporation of Nelson has appointed Des Ashton as a consultant to lead key areas of operational development, in particular aviation projects.

Thanks: Carbon News 11th most read business story on day one
18 Mar 2008
A Carbon News story detailing its top stories in its first edition of March 11 has ranked 11th in reading ratings on the Scooop web site. Thanks for your interest and support

EXCLUSIVE: Government to plead for forest off-setting option
17 Mar 2008
The Government will plead with its Kyoto Protocol partners to introduce forest offsetting to the rules covering the second commitment period from 2012 to 2025, but its chances of success are remote, a well-placed source has told Carbon News.

Government’s bio-fuel bubble fit to burst
17 Mar 2008
The bio-fuels bubble has exploded in the face of the Labour Government’s demand that they be incorporated into petrol and diesel mixes, according to the New Zealand chief executive of global energy giant British Petroleum (BP), Peter Griffiths.

Business wants New Zealand to go nuclear on emission credits
17 Mar 2008
Businesses being required to enter New Zealand’s emissions trading scheme want to be able to trade nuclear-sourced emissions credits.

EXCLUSIVE PROFILE: The young millionnaire behind Green Carbon
17 Mar 2008
By Hugh de Lacy - The trauma of an 11-year-old only child seeing his parents all but ruined by the 1987 sharemarket crash is what drove Seeby Woodhouse into a hugely successful entrepreneurial career.

Two marine energy fund applications
17 Mar 2008
Two applications have been received for the first $2m tranche of government grants under the Marine Energy Deployment Fund (MEDF).
Calculate your deforestation liability
17 Mar 2008
The ValueADD Company has launched an online interactive calculator to determine carbon liabilities for de-foresting pre-1990 land. Some of the liabilities are significant.

EU pumps up minimum taxes for diesel to equal petrol
17 Mar 2008
Members of the European Parliament have decided the current EU-wide minimum rate of tax on diesel should be increased to match the current minimum rate for unleaded petrol, but no further.

Agricultural emission rumours discounted
16 Mar 2008
Rumours of a massive under-estimation of the level of greenhouse gases (GHG) emitted by agriculture in New Zealand appear to be unfounded, with the Ministry of Agriculture and Forestry (MAF) suggesting 50ha of exotic plantation will be enough to offset the emissions of a 500ha hill-country farm.
Corporate tax group's views on treatment of New Zealand emission trading units
12 Mar 2008
Inland Revenue is being asked to clarify how emissions trading units, used in the coming New Zealand emissions trading scheme, will be treated. This paper prepared by Deloitte for the Corporate Tax Group (representing 32 major corporations) and submitted to the IRD, sets out the issues – and proposed solutions in how ETUs should be treated for tax purposes.

Climate Change natural - unstoppable
12 Mar 2008
By Dr Muriel Newman, Director NZ Centre for Political Research www.nzcpr.com (http://www.nzcpr.com/). I have just returned from an historic meeting of more than 500 people from around the world who gathered in New York to address the question of whether man-made global warming is really threatening the future existence of our planet.
Right House scores DOC carbon neutral contract
12 Mar 2008
Department Meridian Energy subsidiary Right House has secured the contract to help the Department of Conservation move ot its 2012 carbon neutral goal.
Rabobank's annual Ag report: fine balance needed on climate change
12 Mar 2008
Given New Zealand’s exposure to global agricultural commodity markets, any loss of international competitiveness as a result of the new scheme would be damaging, according to report co-author and Rabobank head of Food and Agribusiness Research and Advisory, Bill Cordingley.
Half of inter-island pole 1 power link back before winter
12 Mar 2008
Transpower New Zealand says the mitigations needed to return a half pole 1 of the HVDC inter island link to service will be completed prior to winter.
Poll: National electricity grid greatly worries New Zealanders
12 Mar 2008
Eight out of 10 New Zealanders believe the national electricity grid needs upgrading. Some 42% think an upgrade is urgent, according to the results of a major new national poll by ShapeNZ.