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Carbon price too low to fund carbon capture

Tue 20 May 2025

Kapanui Gas Field
Image: Todd Energy
Kapanui Gas Field

The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.

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Related Topics:   Carbon Credits Carbon prices Emissions trading Energy Gas NZ ETS

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Rewiring Aotearoa CEO Mike Casey and his electric tractor

NZ could ditch 8 million fossil fuel machines right now to slash emissions

7 May 2025

The majority of the country’s ten million fossil fuel machines could be replaced cost-effectively with electric equivalents right now, new research from Rewiring Aotearoa has revealed.

The government plans to regulate carbon capture technologies – but who will be the regulating agency?

30 Apr 2025

By Barry Barton, University of Waikato | Newly released documents add more detail to the government’s plans for a regulatory framework to enable carbon capture and storage.

NZ's emissions fell 2% in 2023 - latest GHG inventory

15 Apr 2025

Aotearoa New Zealand’s gross greenhouse gas emissions reduced by 2% in 2023, according to the latest greenhouse gas inventory.

Emissions down but reductions have slowed

10 Apr 2025

While New Zealand’s greenhouse gas emissions dropped 11% in the past five years, reductions have slowed down, with only a 1% drop from 2023 to 2024.

Consultation on standard for measuring biogas and biomethane carbon intensity

19 Feb 2025

As biomethane and biogas become more common, New Zealand needs a consistent approach to measuring the carbon intensity of these fuels, according to the Bioenergy Association.

Genesis stocks up on coal

18 Feb 2025

Genesis Energy is prepared to burn up to 1.2 million tonnes of coal at Huntly Power Station this winter.

Finding the recipe for a low carbon diet

3 Dec 2024

COMMENT: The majority of New Zealanders could easily blow their entire two-tonne carbon budget just on food. However, not all foods are created equal, writes Emily Mabin Sutton.

Why (and how) I’m taking the two tonne challenge

15 Nov 2024

OPINION: By Emily Mabin Sutton | To meet our “fair share” of international climate targets, every person on Earth needs to emit less than 2.5 tonnes of carbon each year by 2030. But what does this look like in reality in New Zealand?

Emissions down for 2022

18 Apr 2024

Aotearoa New Zealand’s gross greenhouse gas emissions fell by 4% in 2022, according to new figures.

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