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Carbon News In Depth

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Canned govt fund delivered emissions reductions at half current carbon price

Today 10:30am - By Vernon Small | The effective price the government paid for carbon emissions through the GIDI fund was about half – or less – than the current NZ unit spot price of $66.05.

New transport policy will increase emissions: Green Party

Today 10:30am - Transport Minister Simeon Brown has announced the government will spend $7 billion a year for the next three years to build 15 new Roads of National Significance, while also cutting spending for mode shift to cycling, walking, and bus infrastructure.

Commerce Commission approves Transpower grid investment

Today 10:30am - The Commerce Commission has approved Transpower’s proposed $392.9 million investment in the national grid, and is satisfied that the identified need to strengthen the electricity transmission system over the next decade is in the long term interests of Kiwi consumers.

Govt at risk of litigation if emissions reduction plan doesn’t cut it

Monday - By Liz Kivi | The government might find itself in court if it doesn’t come up with a credible plan this year to meet its emissions budget, according to legal experts.

Tiwai Point’s future still in question

Monday - For those waiting for news about an agreement on Tiwai Point aluminium smelter's electricity supply, there were very few smoke signals from the major companies' half-year earning results.

Foresters welcome ETS costs review

Friday - The New Zealand Forest Owners Association says the review of Emissions Trading Scheme fees is a relief for foresters facing excessive costs, but experts say forestry still faces an uncertain future under the scheme.

Lodestone opens first North Island solar farm

Friday - Lodestone Energy has flicked the switch on at its first solar farm in Kaitaia, and announced a further $55m capital raise to continue its solar farm expansion.


Best by the rest...

Friday - In our weekly round-up of the best climate coverage in local media: audit finds compelling evidence of problems in East Coast forestry's environmental stewardship; the projects environmental groups...

Government announces review of forestry ETS costs

Thursday - Forestry minister Todd McClay has announced an independent review into the forestry component of the Emissions Trading Scheme (ETS) register.

Plan for new Tarras airport on hold

Thursday - Christchurch Airport has put controversial plans for a new airport in Central Otago on hold, with opponents of the plan welcoming the pause.

In its current state the ETS will fail to deliver significant emission reductions: Rod Carr

28 Feb 24 - By Jeremy Rose | Climate Change Commission chair Rod Carr has told the Environment Select Committee that, in its current state, the ETS will fail to deliver significant emissions reductions.

Genesis reflects on bad spell and the future

28 Feb 24 - Genesis Energy says it will decide by the end of the year about whether it is possible to use biomass at the Huntly power station.

Scrapping Māori Health Authority will worsen climate impacts on community - OraTaiao

28 Feb 24 - OraTaiao, the NZ Climate and Health Council, says the government’s decision to scrap Te Aka Whai Ora, the Māori Health Authority, will undermine the Māori community’s ability to adapt to...

The protesters planning to disrupt business as usual

27 Feb 24 - By Jeremy Rose | Restore Passenger Rail – the protesters who took to gluing their hands to the tarmac and disrupting commuter traffic – have rebranded.

Environmental Defence Society says "radical anti-environment government" could harm NZ's reputation

27 Feb 24 - The Environmental Defence Society says the government’s environmental policies could cause environmental harm as well as threaten New Zealand’s international reputation.

Wave of civil disobedience could upset corporate balance sheets

26 Feb 24 - By Jeremy Rose | Companies ignoring the potential cost of protests, which could reduce the economic value of carbon intensive investments, are risking the future viability of their businesses, a...

Contact on electricity and carbon prices

26 Feb 24 - Contact Energy said it is inevitable that retail electricity prices will have to rise in line with long term wholesale prices and is also predicting that carbon prices will rise as well.

Carbon price dips closer to auction floor

23 Feb 24 - By Liz Kivi | The carbon price has dipped closer to the auction floor, with an increase in selling blamed on an overall weakness in the market.

NZ and Aus will work to align climate regulations: Finance minister

23 Feb 24 - Finance minister and associate Climate Change minister Nicola Willis says Australia and New Zealand will work together to align regulations to reduce climate emissions.


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UN body steps up pace to implement carbon crediting mechanism

Monday - Media release - The United Nations Body charged with implementing a new carbon...

Native snails heading for extinction

27 Feb 24 - Media release | New Zealand has some of the most spectacular land snails in the...

Tohatoha launches new climate change education initiative – The Climate Disinformation Night School

21 Feb 24 - Media release | Non-profit community education group Tohatoha announced it is...

Water quality and climate change top survey issues again: Otago Regional Council

21 Feb 24 - Media release | Water quality and climate change remain the most important...

Time to name the silent killer: heatwaves

20 Feb 24 - Media release - As Western Australia reels from record-breaking heat, the...

Govt to spend $3.6 billion on environment in 2023/24 fiscal year

15 Feb 24 - Media release | Central government agencies are estimated to spend $3.6 billion...

Mongolian Dzud: Extreme weather puts 90% of country at ‘high risk’

14 Feb 24 - Media release | The ongoing “white and iron” dzud in Mongolia has reached a...

Forest & Bird says hazard policy a must to protect Kiwi communities from future floods

13 Feb 24 - Media release | Forest & Bird is calling on Penny Simmonds and Simon Watts –...

Academics weigh in on Smith V Fonterra

9 Feb 24 - Media release - The Supreme Court's decision to advance Michael Smith's climate...

Otago Regional Council expects new electric buses will significantly impact emissions

8 Feb 24 - Media release | The first of a fleet of electric buses (e-buses) will appear on...

Extreme weather a critical concern for the next decade of farming, experts say

7 Feb 24 - Media Release | Climate change, extreme weather events and water quality are...

Antarctic frontier project ‘tantalisingly close’ to vital climate secrets

1 Feb 24 - Media release | An international team co-led by GNS Science Te Pū Ao, Te...

CarbonPool, the world's first carbon credit insurance company, raises $12M

30 Jan 24 - Media release - CarbonPool helps society reach net zero by providing in-kind...

New research into carbon sequestration potential of kelp

29 Jan 24 - Media release - Could kelp be a secret weapon in the fight against climate...

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