Rain, demand and prices fall

Today 10:00am - After more than a month of elevated wholesale electricity prices, heavy rain, access to gas and more wind combined to drive spot prices down to virtually zero dollars in the last week or so.

Air NZ, Mitre 10 fall short in climate action rankings

Today 10:00am - Air New Zealand and Mitre 10 have fallen short in a new ranking of 21 major companies based on their climate action targets.

NZTA agrees to cover $100m of Sounds roads recovery

Today 10:00am - By Maia Hart, Local Democracy Reporter | Repair work in the Marlborough Sounds will “accelerate” after the NZTA board approved $100m in funding, although not everything the council asked for has been signed off.

Climate plan is high-cost and low ambition, says expert

Monday - By Shannon Williams | The government’s Second Emissions Reduction Plan is high-cost, high-risk, and low ambition, says Massey University Professor, Robert McLachlan.

Offshore renewables plan ignores risks: environmentalists

Monday - The government’s plan for offshore renewables ignores environmental risks, according to the Environmental Defence Society.

Councils to lose ability to make tougher local rules for forestry

Friday - Foresters have welcomed the government’s announcement that it will roll back councils’ ability to introduce their own tougher rules for forestry, but the move is likely to be controversial with some local authorities.

Govt climate plan creates financial risks, business leaders say

Friday - The proposed initiatives in the government’s Draft Second Emissions Reduction Plan carry a high risk of failure in policy implementation, according to the Sustainable Business Council and Climate Leaders Coalition.

Offshore electricity generation policy to speed up consents

Friday - The Government reiterated the next steps of its ‘Electrifying New Zealand’ policy when it announced its response to the energy shortage. However, it also released details on how the offshore...

Media round-up

Friday - In our weekly round-up of climate coverage in local media: What can we learn from the Paris Agreement? The disasters that await if we keep failing to confront climate change; and is the new national...

'The Emissions Trading Scheme is broken': Carr

Thursday - By Shannon Williams | Aotearoa New Zealand’s Emissions Trading Scheme is broken and not fit for purpose, says Climate Change Commission chair Dr Rod Carr.

Carbon price steady following failed auction

Thursday - The carbon price on the secondary market stayed steady yesterday following the failed quarterly auction, for which no bidders fronted.

2024 New Zealand's third-warmest winter on record – NIWA

Thursday - This year saw Aotearoa New Zealand's third-warmest winter on record with the nationwide average temperature sitting at 9.6°C for the season, 1.0°C above the 1991-2020 average.

Carbon auction fails again

4 Sep 24 - The September carbon auction has failed, with no bidders fronting at the auction and millions of units now rolling over to the December auction, increasing the likelihood that auction will fail as...

Risks and rewards of LNG imports

4 Sep 24 - The move to import liquefied natural gas (LNG), mainly to power electricity generation, has had a mixed reaction among the major players.

How NZ deer farms could reduce emissions

4 Sep 24 - New Zealand's deer farms could reduce their greenhouse gas emissions, but it is relatively difficult to make reductions and researchers say there are trade-offs.

Market looks to tomorrow’s carbon auction

3 Sep 24 - The carbon price crept up last week, as the market had its second-biggest month of traded volume ahead of tomorrow’s auction, with some commentators saying it’s a done deal that the auction will fail.

‘Blue carbon’ markets needed - new research

3 Sep 24 - Researchers are calling for a national blue carbon strategy, with government regulation needed for voluntary markets to enable large-scale blue carbon projects.

Transport plan will accelerate emissions: Green Party

3 Sep 24 - The Green Party has slammed the coalition government’s new National Land Transport Programme, saying it marks “another missed opportunity” to take action to fight the climate crisis.

Former mayor powering up NZ's first climate action campus

2 Sep 24 - By Jon Rawlinson | While she once ran the city, former Christchurch mayor Vicki Buck has been focused on establishing New Zealand's first climate action campus in her home town for the past four...

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