Treasury says 2030 climate target could cost $5 billion
Today 12:15pm
By Liz Kivi
Treasury is predicting it could cost between $4.4 and $5 billion to buy the offshore mitigation needed to meet New Zealand’s 84-96 million tonne emissions reduction shortfall for its 2030 target under the Paris Agreement.
Story copyright © Carbon News 2026
LNG imports might not be needed for 'dry year' security: redacted report
Today 12:15pm
By Oli Lewis | The need for imported liquefied natural gas to provide security of supply in a dry year is low, according to newly released modelling, with some scenarios featuring higher levels of renewable generation requiring no gas imports at all.
Govt backs faster uptake of on-farm emissions tools with $51m fund
Today 12:15pm
By Shannon Morris-Williams | The Government is investing up to $51 million over three years to help accelerate the uptake of on-farm emissions reduction technologies, with a new AgriZeroNZ initiative aimed at getting proven tools into the hands of farmers sooner.
Once-in-a-century floods routine as sea levels rise due to climate change
Today 12:15pm
By Shannon Morris-Williams | A coastal flood expected to occur just once every 100 years is now hitting Wellington about twice a year, according to new international research that scientists say offers clear evidence of how climate change is already reshaping New Zealand's coastline.
Liebreich: Electrify first, insure second
Today 12:15pm
New Zealand is having an argument about gas while the rest of the world is building an electric future. That, in essence, is the challenge Michael Liebreich left behind after a visit to Wellington last week.
'Ad hoc, piecemeal, incomplete': NZ's approach to hazards not fit for purpose, says insurer
Wed 10 Jun 2026
By Shannon Morris-Williams | New Zealand's ability to manage natural hazard risks is failing to keep pace with the growing threat posed by floods, storms, earthquakes and climate change, according to a new report from IAG.
Labour pledges unlimited public transport for $20 a week
Wed 10 Jun 2026
The Labour Party is promising to cap weekly public transport fares at $20 in Auckland, Wellington and Christchurch, if elected in November.
Lodestone launches virtual rooftop solar scheme
Wed 10 Jun 2026
A new virtual solar scheme launching in Hawke's Bay aims to make locally generated renewable electricity accessible to households and businesses that cannot install rooftop panels on their own properties.
Labour on overturning LNG: ‘we’d need to see the contract’
Tue 9 Jun 2026
By Pattrick Smellie | An incoming Labour government later this year would need “to look at the contract” before deciding whether it would be bound by the current government’s commitment to a user-pays funded liquefied natural gas terminal.
Importing LNG would raise costs and emissions: it’s a terrible decision for New Zealand
Tue 9 Jun 2026
COMMENT: Today’s announcement from the Government is political smoke and mirrors, with electricity users’ wallets still set to bear the brunt of the proposed LNG facility, writes Christina Hood.
