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Kiwi companies bought carbon credits from projects now under scrutiny for fraud

18 Mar 2025

PHOTO: C-Quest Capital


Fonterra and Toitu are among New Zealand organisations caught up in an international carbon credits scandal, whose alleged instigator is facing multi-million dollar fraud charges in the US.

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Story copyright © Carbon News 2025

Related Topics:   Carbon Credits Emissions trading Greenhouse Effect

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New Zealand
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Owning a green home could cut mortgage payback time by two years

Today 11:00am

A green certified home plus a green mortgage and associated energy bill savings could save Kiwi families up to $98,800 over the course of their mortgage - the equivalent of being mortgage-free several years early, according to new research.

Most Kiwis anxious over extreme weather events

Today 11:00am

More than half of all New Zealanders are worried about storms, heavy rainfall and flooding as New Zealand faces continued wild weather events.

Nadine Hura

New book searches for language to connect to the climate crisis

Today 11:00am

Working with Māori communities on climate research for the Deep South National Science Challenge led to many of the stories in new book Slowing the Sun by essayist Nadine Hura.

Northland opens $600k Climate Resilient Communities Fund

Today 11:00am

Northland Regional Council has opened applications to the Climate Resilient Communities Fund.

Media round-up

Today 11:00am

In our weekly round-up of climate coverage in local media: When climate resilience meets resident resistance in Auckland; atmospheric and marine heatwaves in and around New Zealand are increasing climate extremes; and seaweed's climate superpowers.

First carbon credit scheme for early coal plant closures unveiled

Today 11:00am

Proponents hope carbon markets can offer new funding for costly transition from coal to renewables. But concerns have been raised over the risk of low-integrity credits.

Chris Penk, minister for Building and Construction, at the Housing Summit in Auckland.

Govt pledges to slash building emissions

Thu 8 May 2025

The government is signing up to an international agreement aimed at decarbonising the building and construction sector in line with limiting global warming to 1.5 degrees.

Chief science advisor Dr John Roche

Concern at new science appointments

Thu 8 May 2025

The prime minister's appointment of John Roche as chief science advisor has received a mixed response, with some experts saying the government has made it obvious it doesn't value science.

Ambitious goal for predator free 2050 within reach?

Thu 8 May 2025

A discussion document on the Predator Free 2050 programme says it has an ambitious goal to eradicate possums, rats and mustelids from our country, but that some of the programme’s goals are not currently plausible.

Farming lobby attacks ‘loopholes’ in carbon forestry limits

Wed 7 May 2025

Beef + Lamb New Zealand is urging the government to close what it says are loopholes in new guidance around limits on carbon forestry.

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