Carbon News - Intelligence for the carbon market


Govt drastically weakens vehicle emissions standards

Thursday - By Robert McLachlan | On 25 June, the Government amended the Clean Vehicles Act, completed in a single day under urgency, so there was no opportunity for public input.

Govt releases emissions reduction plan

Wednesday - Climate change minister Simon Watts has released the second emissions reduction plan for consultation, with proposed changes to the Emissions Trading Scheme including aligning ETS units with emissions budgets and reviewing the free industrial allocation of units.

Energy shortfall defined, the gas scramble is on

Tuesday - Confirmation that current gas demand will outstrip supply over the next three years points to much higher gas prices, which will flow through to electricity prices, and a scramble for gas from business users who have no alternative fuels.

ACT submits bill to stop regional councils considering climate impacts

Monday - ACT MP Mark Cameron has lodged a new member’s bill to stop regional councils from considering climate change impacts in consenting decisions.

Solar and battery use continues to rise

Monday - Solar generation and battery storage are rising rapidly according to analysts.

Reversing oil and gas exploration ban will increase emissions by 50Mt

12 Jul 24 - The coalition government’s plan to lift a ban on oil and gas exploration will lead to an extra 51.5 million tonnes of CO2 emissions up to 2050, according to the Ministry for Business Innovation and Employment.

Govt consulting on carbon capture framework

10 Jul 24 - The government is consulting on a proposed framework for carbon capture, utilisation and storage (CCUS).

Meridian plans to ramp up new generation

8 Jul 24 - Meridian’s first investor day in three years was mainly an update on how it saw the sector and its business after the Tiwai Point smelter deal was finalised.

How much impact could past choices have on our emissions profile?

8 Jul 24 - By Robert McLachlan | New Zealand's CO2 emissions could have gone down 25% since 1990 - instead of up 25% - if we'd chosen to do things that other countries were already doing.

Contact to develop a grid-scale 100 MW battery in Auckland

3 Jul 24 - Media release | Contact Energy has answered calls for more energy storage by contracting with Tesla to build a 100-megawatt battery.

Community-owned power company on track to carbon zero

26 Jun 24 - The toppling of one of Transpower's pylons last week saw thousands of homes and businesses in the Far North cut off from electricity. But, as Jeremy Rose reports, it wasn't for lack of local...

Capital receives first delivery of sustainable aviation fuel

26 Jun 24 - Air New Zealand has shipped 500,000 litres of Sustainable Aviation Fuel (SAF) into Wellington, in what the airline says is “another small step” towards its target of net zero carbon emissions by 2050.

Watts agrees more work needed to restore confidence in ETS

24 Jun 24 - Climate change minister Simon Watts agrees that more needs to be done to restore confidence and stability to the emissions trading scheme, while also saying the scheme is the government’s key tool to...

Transpower poised to sell emsTradepoint

19 Jun 24 - 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...

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

17 Jun 24 - Media release | New Zealand Green Investment Finance’s (NZGIF) investment in Rural Energy is already helping accelerate the uptake of solar electricity generation on farms.

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.

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.

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