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Carbon News In Depth

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June carbon auction fails

Wednesday - As market participants were predicting, this morning's carbon auction has failed, leaving millions of units to roll over to the next auction, and increasing the likelihood that the rest of this year’s auctions will fail as well.

Budget cuts to climate funding mean NZ may now struggle to meet its international obligations

Wednesday - By Nathan Cooper | With no new investment to combat climate change in last month’s budget, and a long list of cuts to climate and environment-related areas, the government risks damaging its global reputation.

Transpower poised to sell emsTradepoint

Wednesday - Transpower says it has had several expressions of interest from buyers for its unwanted subsidiary, emsTradepoint, which runs New Zealand’s government-owned carbon trading platform, as well as the only wholesale gas trading platform in the country.

Carbon auction preview: Experts predict likely failure and govt lost revenue “own goal”

Tuesday - Experts are picking tomorrow’s carbon auction will fail, with no incentive for participants to bid at prices more than 20% higher than the current secondary market price.

MfE consultation risks landing government back in court

Tuesday - Lawyers for Climate Action NZ has warned MfE that its approach to ETS settings in its consultation document could land the government back in court.

Govt cans controversial forestry ETS charges for this year

Monday - Foresters have welcomed the government’s announcement that it is cancelling forestry ETS annual services charges for 2023-24.

ASX to offer NZU futures contracts

Monday - The Australian Securities Exchange is set to launch futures contracts for New Zealand Units in July.

New Zealander joins UN-backed climate target organisation

Friday - A Kiwi carbon management expert is joining the world’s top corporate climate-target verifier, the London-based Science Based Targets initiative, as one of five members of its newly formed independent...

Media round-up

Friday - In our weekly round-up of the climate coverage in local media: Uncertainty abounds in the ETS; a major Atlantic current collapsing could disrupt NZ’s climate again; and is the government focussing on...

Wealthy Kiwis driving up transport emissions

13 Jun 24 - Cashed-up Kiwis are pumping out more than their fair share of transport emissions, driving more frequently and over longer distances, according to new research.

Govt restoring legal requirement to promote mining

13 Jun 24 - The government’s proposed reform of the Crown Minerals Act goes further than just repealing the 2018 ban on new petroleum exploration outside onshore Taranaki.

Hottest June temperature ever

13 Jun 24 - The mercury hit a high on Monday, setting a new national temperature record of 25.7C for June.

Expert slams govt delay in pricing agricultural emissions

12 Jun 24 - The coalition government has reaffirmed greenhouse gases from agriculture won’t be covered in the Emissions Trading Scheme and Cabinet is disestablishing primary sector climate action partnership He...

Climate minister’s speech hijacked by protestors

12 Jun 24 - Climate change minister Simon Watts was shouted down by young protestors at a conference yesterday and left without delivering his prepared speech.

Govt 'not even pretending to try' to reduce transport emissions: former MOT chief science advisor

11 Jun 24 - By Liz Kivi | The former chief science advisor for the Ministry of Transport says the current government isn’t even pretending to try to reduce carbon emissions from transport.

Climate announcements coming to Fieldays?

11 Jun 24 - Farmers and the wider agricultural sector gathering at Fieldays this week make the event a likely venue for rolling out environment and climate change policy.

Govt to reverse oil and gas exploration ban

10 Jun 24 - Removing a ban on petroleum exploration beyond onshore Taranaki is part of a suite of proposed changes to deal with the energy security challenges caused by declining fossil gas reserves, according...

Climate activists force conference to move online

10 Jun 24 - A planned blockade by climate activists has forced organisers to cancel in-person elements of the Energy Resources Taranaki Forum, scheduled to take place on June 12.

ComCom’s draft decision on lines and transmission networks

10 Jun 24 - The Commerce Commission’s draft decision approved large increases in regulated revenue for Transpower and lines companies due to cost increases and other pressures.

More in the Carbon News In Depth Archive


Latest announcements: file yours to

Conservation minister slammed for branding marine protection commitments “an aspiration, not an obligation”

Wednesday - Media release | The World Wide Fund for Nature NZ has hit back at Conservation...

NZGIF’s investment in rural energy boosting uptake of solar on dairy farms

Monday - Media release | New Zealand Green Investment Finance’s (NZGIF) investment in...

University of Canterbury research 'curbing our carbon conundrum'

Friday - Media release | Crushing rocks, injecting CO underground, and burning trees; UC...

Rangatahi gear up to tackle climate change in World Vision challenge

12 Jun 24 - Media release | A rugby star, prominent TikTok content creators, singer, actor,...

Basic income can double global GDP while reducing carbon emissions

11 Jun 24 - Media release | Giving a regular cash payment to the entire world population...

Government signs Indo-Pacific economic agreements to boost trade

7 Jun 24 - Media release | Trade Minister Todd McClay and Climate Change Minister Simon...

Octopus Energy to pay households to use less power during winter

7 Jun 24 - Media release | Octopus Energy will pay its customers who reduce their...

No "silver bullet" for methane reduction on dairy farms, but...

7 Jun 24 - Media release | Last week, Te Puna Umanga Venture Taranaki, the regional...

NZ to invest $20 million in renewable energy project for Niue

6 Jun 24 - Media release | Prime Minister Christopher Luxon and Niue Premier Dalton...

Humanity must extract seven to nine billion tonnes of CO2 from the atmosphere every year

5 Jun 24 - Media release | New State of Carbon Dioxide Removal report shows the need for a...

National’s climate cuts will take us backwards

4 Jun 24 - Media release | The National Government has shown all their talk about meeting...

Tiwai smelter to stay open in 20-year deal

31 May 24 - Media release | The aluminium smelter at Tiwai in Southland has secured energy...

Huge gap between net zero and real zero: analysis

31 May 24 - Media release | Government overreliance on carbon dioxide removals to avoid the...

New programme offers planet-friendly guidance for NZ’s not-for-profits

30 May 24 - Media release | Carbon footprint tracking expert Cogo has collaborated with the...

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