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Corporate climate risk is all about turning a profit

25 Oct 2016

Companies have been caught off guard by campaigns to divest from fossil fuels
By CHRISTOPHER WRIGHT and DANIEL NYBERG | Risk has become a central construct for how businesses should respond to climate change.

As Hank Paulson, former Secretary of the US Treasury has argued, “climate change is not only a risk to the environment but it is the single biggest risk that exists to the economy today”.


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Lawyers for Climate Action executive director Jessica Palairet

Lawyers seek answers on climate impacts of LNG import facility

Fri 13 Feb 2026

By Shannon Morris-Williams | Lawyers for Climate Action has written to Climate Change and Energy Minister Simon Watts warning that the Government's plan for an LNG import terminal could be in conflict with New Zealand’s climate obligations and emissions reduction targets.

Climate Change and Energy Minister Simon Watts, left, with Resources Minister Shane Jones, centre, at a breakfast event yesterday hosted by fossil fuel lobby group Energy Resources Aotearoa

LNG plan risks fossil fuel dependency: Environment Commissioner

Wed 11 Feb 2026

By Pattrick Smellie | Importing liquefied natural gas risks creating a “new path dependency on fossil fuel” unless LNG is ring-fenced for use only in the electricity system and only during extended periods of hydro-electricity water shortages, says the Parliamentary Commissioner for the Environment, Simon Upton.

Prime Minister Christopher Luxon and Climate Change Minister Simon Watts made the announcement yesterday.

Govt backs LNG imports

Tue 10 Feb 2026

By Pattrick Smellie | The Government will rush to put in place contracts for the construction of a liquefied natural gas import facility by mid-year, claiming it will smooth electricity price volatility and underpin investment in renewable energy projects.

LNG: a rational choice compared to unpalatable alternatives

Tue 10 Feb 2026

By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.

Kapuni Project wind turbines in South Taranaki (visual simulation)

Hydrogen plant to start construction

Tue 10 Feb 2026

Construction is set to start this month on Hiringa Energy’s long delayed green hydrogen project in South Taranaki, after years of consenting fights that culminated in the Court of Appeal rejecting Greenpeace’s challenge in late 2023.

Govt backs fusion research as part of long-term clean energy push

4 Feb 2026

By Shannon Morris-Williams | The Government is investing up to $35 million in fusion energy research through a loan to New Zealand start-up OpenStar Technologies, saying investment could strengthen New Zealand’s energy security.

Govt weighs LNG backstop as gas decline accelerates

28 Jan 2026

Liquefied natural gas imports are moving from a back-pocket idea to an active procurement process, with ministers expected to make decisions soon on whether – and how – to add LNG as an emergency backstop for New Zealand’s tightening gas and electricity system.

Shifting peak power use could save NZ $3 billion, report finds

27 Jan 2026

By Shannon Morris-Williams | Almost a quarter of New Zealand’s peak electricity demand could be shifted to off-peak hours, saving the country $3 billion in power generation and infrastructure to meet peak demand, according to new analysis from EECA.

NZ hydrogen regulation to catch up with the world

18 Dec 2025

By Pattrick Smellie | The government has announced a regulatory reset for New Zealand’s emerging clean tech hydrogen sector.

Could tidal energy one day power NZ?

18 Dec 2025

By Shannon Morris-Williams | New research suggests Aotearoa holds some of the world’s strongest tidal-stream energy potential – enough to generate up to 93% of today’s electricity use – but one expert cautions that extracting energy at such a scale could have significant impacts and remains highly uncertain.

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