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Dissenters will support ETS if it's law, minutes show

4 Jul 2008

Phil O'Reilly
Phil O'Reilly

Heavy emitters have revealed privately they will "fall in behind"  the emissions trading scheme if it is passed into law.

According to the minutes of the May meeting, which have just been released, This is revealed in minutes of the May meeting of the Climate CHange Leadership Forum.


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Story copyright © Carbon News 2008

Related Topics:   Agriculture Emissions trading Energy Greenhouse Effect Kyoto Tax Transport

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CARBON PRICE

Today 10:30am

Exclusively for subscribers, the Carbon News NZU Index tracks daily movements in the compliance carbon market across multiple trading platforms.

NZ voluntary carbon market’s sad state

14 Jul 2025

By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.

Bearish sentiment lingers for carbon market

11 Jul 2025

By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.

Carbon credits stockpile down: latest figures

7 Jul 2025

By Liz Kivi | The number of NZUs held in private accounts, often called "the stockpile", dropped 11 million tonnes in the past year, according to the latest figures.

Carbon price grinds higher - where to from now?

30 Jun 2025

By Liz Kivi | The carbon price has continued to grind slowly higher since this month’s failed auction, with prices at their highest since March, although still languishing well below this year’s auction floor price.

New biodiversity credits aim to transform conservation funding

27 Jun 2025

Christchurch-based environmental services firm Ekos recently launched a new biodiversity credits programme for conservation funding, while AsureQuality is aiming to develop New Zealand's first ICVCM-accredited programme to create carbon credits based entirely on indigenous biodiversity in Aotearoa.

Govt hopes to lure international investors with nature credits

19 Jun 2025

By Liz Kivi | The government is hoping its support for a biodiversity credits market in New Zealand will see at least $20 million of investment stay in the country.

Carbon auction fails again

18 Jun 2025

By Liz Kivi | As predicted, today’s carbon auction failed to attract any bidders, with the secondary market languishing at nearly 20% below the minimum auction price.

Biodiversity market needs govt regulation to avoid fraud risk

17 Jun 2025

By Liz Kivi | Participants have applauded the government’s pilot programme for New Zealand’s voluntary biodiversity market, but an expert says the emerging market needs better regulation to avoid reputational risk and fraud.

Carbon auction odds-on to fail

13 Jun 2025

By Liz Kivi | The carbon price has rallied slightly in recent weeks, however with secondary market prices still hovering around the $57 mark, well below this year’s $68 auction floor price, next week’s Emissions Trading Scheme auction looks set to fail.

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