Cullen quizzed on multi-billion ETS surplus from sale of credits
23 May 2008
The Government will make a net revenue gain from the emissions trading system of up to about $159 million a year between 2013 and 2018 - $795 million over five years - and "perhaps" $1b to $1.5 b a year out to 2030.
That could deliver excess revenue of $27 billion over 18 years from 2012 to 2030. The figures emerged during question time at Parliament.
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Tuvalu prioritises climate change in agreement with NZ
Fri 27 Mar 2026
By Liz Kivi | New Zealand has pledged an additional $20 million to climate resilience work in Tuvalu, more than doubling Aotearoa's aid to the tiny island nation in the current financial year.
WWF boss joins Opportunity Party with centrist climate pitch
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By Shannon Morris-Williams | The Opportunity Party has unveiled its first slate of candidates ahead of November's election, including World Wildlife Fund Aotearoa chief executive Kayla Kingdon-Bebb, as the party positions itself as a 'centrist environmental force' ahead of the election.
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Govt challenged in the High Court over climate plans
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A landmark case starts today that will see Climate Change Minister Simon Watts taken to the High Court over claims the Government’s climate plans are unlawful.
Climate Commission called to Waitangi inquiry over alleged breaches
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By Liz Kivi | The Climate Change Commission is being called to front up to the Waitangi Tribunal and give evidence over alleged legal breaches of its obligations to Māori.
Wellington climate spending targeted in council cost-cutting plan
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By Shannon Morris-Williams | Wellington City Council is considering cutting $1.65 million from its climate budget as part of a cost-saving plan aimed at reducing projected rates increases, a move Green MP Tamatha Paul warns could undermine the capital’s progress on emissions reductions.
Local govt shake-up risks weakened environmental outcomes – Commissioner
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By Shannon Morris-Williams | The Government’s push to simplify local government is "deeply flawed" and has been launched without a clear understanding of which functions must remain regional, according to the Parliamentary Commissioner for the Environment.
Hipkins rejects LNG terminal, backs renewables
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By Shannon Morris-Williams | Labour leader Chris Hipkins used his State of the Nation address to warn that worsening extreme weather and rising energy costs show climate change is no longer a distant threat.
Environmental groups boycott Bluegreens forum
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National’s Bluegreens forum in Wellington doubled as a small but telling election-year rehearsal: a bid to reclaim “moderate green” territory while parts of the environmental NGO ecosystem conspicuously stayed away.
