Topics tagged with 'Carbon Credits'
New study looks to nature markets to accelerate climate response
Wed 18 Feb 2026
The Nature Conservancy is teaming up with local groups to study the most affordable and effective ways of restoring native habitats at the top of the South Island, including ways to fund the work using international voluntary carbon markets and biodiversity credits.
Carbon price drops as volatility continues
Tue 17 Feb 2026
By Liz Kivi | The carbon market is still displaying extreme volatility, with prices dropping back to below $40 yesterday, after trading as high as $46.25 last week.
Carbon market rallies but auction floor still out of reach
13 Feb 2026
By Liz Kivi | The carbon market has rallied, with secondary market prices up more than 25% in the past two weeks, although current prices in the mid-$40s are still far below this year’s $71 auction floor, with the first auction of 2026 less than three weeks away.
EU weighing options to support industry in carbon market overhaul
9 Feb 2026
The European Commission is looking at various ways to support industries in an upcoming overhaul of the EU carbon market to prevent them moving to areas with lower pollution standards, the head of the Commission’s climate department said late on Wednesday.
Minister’s letters: Mildly positive or just virtue signalling?
5 Feb 2026
By Liz Kivi | The carbon market was buoyed slightly yesterday, after letters between the Government and the Climate Change Commission were proactively released.
Govt updates emissions plan to blow past legislated target
29 Jan 2026
By Liz Kivi | The Government has updated its emissions reduction plan, with agricultural emissions now set to blow past the legislated 2030 target.
Court rejects challenge to Minister and Commission over climate targets
28 Jan 2026
By Liz Kivi | The Supreme Court has rejected Lawyers for Climate Action’s bid to challenge the Climate Change Commission and former Climate Minister James Shaw over climate targets, ending a long-running case which had been working its way through the courts since 2021.
Carbon News updates ten-year NZU forward curve
27 Jan 2026
Carbon News has updated its ten-year NZU forward curve, following a recent fall in carbon spot prices.
Why did NZUs fall a further $5 over the holiday period?
26 Jan 2026
By Liz Kivi | NZU prices dropped a further $5, or 14%, from an already weak base over the holiday period, with the carbon price falling to its lowest in five years in mid-January.
How wrong they were: NZU-holder poll
26 Jan 2026
By Pattrick Smellie | Just 6% of NZU-holders who answered a Ministry for the Environment poll last year anticipated a decrease in the price of a tonne of carbon in the NZ Emissions Trading Scheme.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
State-owned farmer drives profit growth with emissions reductions
19 Dec 2025
By Pattrick Smellie | Government-owned Landcorp, trading as Pāmu, is one-third of the way to meeting its 2031 emissions reduction targets, with five years left to run to cut greenhouse gas emissions by 30.3% against 2021 emissions.
Govt unveils plans for carbon storage regulations – and ETS rewards
18 Dec 2025
By Liz Kivi | The Government has released plans to regulate carbon capture and storage in natural geological formations, which include Emissions Trading Scheme incentives, with the aim of introducing related legislation in 2026.
Minister not concerned about potential economic impacts of ruling out offshore mitigation
11 Dec 2025
By Liz Kivi | Climate Change Minister Simon Watts isn’t worried that ruling out using offshore mitigation is effectively reneging from the Paris Agreement with potential to damage New Zealand’s economy and access to export markets.
Govt rushes to pass climate law changes under urgency
10 Dec 2025
By Liz Kivi | Legislation to amend the Climate Change Response Act was introduced to Parliament on Monday, and the government intends to rush the changes through under urgency in the next two weeks, avoiding the usual public consultation.
Carbon News publishes ten-year NZU forward curve
10 Dec 2025
Carbon News has published a new ten-year NZU forward curve mapping how carbon prices could evolve through to 2035 under a range of policy and market conditions.
Carbon market conduct pioneer passes on the baton
8 Dec 2025
Media release | The International Carbon Reduction and Offsetting Alliance (ICROA), a pioneer in early voluntary carbon market conduct, has announced that it will wind down operations by late 2026.
Govt ‘scaremongering’ over co-operation – former climate ambassador
5 Dec 2025
By Liz Kivi | New Zealand’s former top climate diplomat, Kay Harrison, says the Government’s recent comments ruling out buying climate mitigation offshore amount to scaremongering, and the country is missing a chance to give our businesses a boost.
UPDATED: Finance Minister’s comments show govt in breach of Paris Agreement – experts
3 Dec 2025
By Liz Kivi | Finance Minister Nicola Willis has effectively walked away from the Paris Agreement by ruling out offshore mitigation, according to multiple experts, opening the country up to reputational, trade, and economic consequences.
Climate comments ‘outrageous’ – former top climate negotiator
3 Dec 2025
By Liz Kivi | New Zealand’s former climate ambassador, Kay Harrison, says Finance Minister Nicola Willis’ recent statements that the Government had ruled out buying offshore climate mitigation are “outrageous”.
Carbon auction tipped to be a non-event
2 Dec 2025
By Liz Kivi | Tomorrow’s Emissions Trading Scheme auction is all but certain to fail, with participants blaming the government for destroying confidence as NZUs continue to change hands on the secondary market at a 40% discount on the $68 auction floor.
Rabobank announces new partnership to generate carbon income for rural customers
1 Dec 2025
Dutch multinational Rabobank has announced it is partnering with a company which specialises in restoring indigenous forests in a bid to generate voluntary carbon credits for farmers through planting on lower-producing farmland.
Too much credit: No connection between carbon markets and climate ambition, study finds
1 Dec 2025
Media release: Carbon Market Watch | Our latest research undermines a prevalent greenwishing hypothesis that corporate investments in the voluntary carbon market boost or reflect a company’s climate ambition.
Marex invests in methane-busting biotech, hopes to kickstart NZ methane credits
27 Nov 2025
By Liz Kivi | NASDAQ-listed financial services group Marex has taken a minority stake in Ruminant Biotech, an Auckland-based agritech startup, with a view to kick-starting Marex’s methane-based carbon credits trading business in New Zealand.
Elevated volatility continues for carbon market despite govt reassurances
26 Nov 2025
By Liz Kivi | While carbon prices have recovered somewhat from recent lows, the market is still plagued by low prices and volatility, despite soothing words from the government intended to calm rattled participants.
Govt’s rejection of CCC’s advice on climate targets undermines independent watchdog’s role, says opposition
21 Nov 2025
By Liz Kivi | The Government’s latest dismissal of Climate Change Commission advice shows they have their heads in the sand about the reality of meeting climate targets, according to the Labour Party, while the Greens say Government decisions were an embarrassment on the world stage at COP30 this week.
Mounting emissions due to Government decisions
20 Nov 2025
By Liz Kivi | The Coalition Government’s climate policies have added a whopping 26 million tonnes of emissions out to 2030, according to new analysis of Government projections.
Words fail to calm carbon price jitters
18 Nov 2025
While the Climate Change Minister and the Ministry for the Environment have both tried to quell carbon market volatility with soothing words, participants are viewing government actions as speaking louder, and the market remains volatile.
Ministry won’t investigate pre-announcement price drop
17 Nov 2025
By Liz Kivi | The Ministry for the Environment won’t be investigating a drop in the price of NZUs on the secondary market just days before the government announced a policy change causing carbon prices to plummet.
ETS price spike fears drove NDC decoupling
13 Nov 2025
By Pattrick Smellie | Fears about the economic and fiscal costs of failure to buy enough offshore carbon credits to meet New Zealand’s Nationally Determined Contribution drove last week’s key climate change policy decision.
NZ backs international government push for high-integrity carbon markets
13 Nov 2025
By Shannon Morris-Williams | New Zealand has joined a coalition of governments aiming to strengthen corporate demand for voluntary carbon credits.
Carbon price’s dead cat bounce
12 Nov 2025
By Liz Kivi | The carbon price rebounded briefly in what looked like a ‘dead cat bounce’ last week, following the Government’s announcement it was unlinking the Emissions Trading Scheme from international climate targets.
Does NZ's 2035 NDC meet Paris Agreement obligations?
7 Nov 2025
By Christina Hood | COMMENT: New Zealand’s 2035 Paris Agreement Target needs strengthening, with multiple reasons the 51 to 55% emissions reduction target does not meet our obligations under the accord.
Carbon market tanks off the back of Govt’s proposed climate law changes
6 Nov 2025
By Liz Kivi | Secondary market prices dropped 20% in early morning compliance carbon trading yesterday, as the market woke up to Tuesday’s late-breaking government announcement of proposed law changes to climate policy.
Govt climate policy set by vested interests to delay emissions cuts - Carr
6 Nov 2025
By Liz Kivi | Rod Carr, former Climate Change Commission chair, says the Government’s move to unlink the Emissions Trading Scheme from our international climate target to 2030 undermines the credibility of emissions pricing as a tool for climate action – and is yet another Coalition Government policy designed to benefit vested interests rather than ordinary New Zealanders.
Govt weakens climate legislation, strips CCC’s powers
5 Nov 2025
By Liz Kivi | The Government has announced sweeping changes to key climate legislation, including stripping the independent Climate Change Commission of one of its core roles, and removing the requirement that Emissions Trading Scheme settings align with international climate targets.
Another hit to market as Govt uncouples ETS from international climate target
5 Nov 2025
By Liz Kivi | The Government’s surprise move to break the connection between the Emissions Trading Scheme and New Zealand’s Paris Agreement climate target is a brutal hit to confidence in an already moribund market.
Govt delays will damage carbon market confidence, experts warn
4 Nov 2025
By Liz Kivi | Emissions Trading Scheme experts have warned the Government that its move to delay decisions on the country’s emissions budgets will further undermine confidence in an already weak carbon market.
Carbon price drops, now trading 30% below auction floor
3 Nov 2025
By Liz Kivi | Secondary carbon market prices took a sharp downward turn last week, with traders blaming a continued lack of interest from buyers.
Taxonomy seen as key to shaping NZ’s voluntary nature credit market
30 Oct 2025
By Shannon Morris-Williams | Experts say aligning the New Zealand Sustainable Finance Taxonomy with the development of voluntary nature credit markets could strengthen credibility, streamline investment, and support high-integrity environmental outcomes.
‘Plain old dull’: NZU market continues to limp sideways
24 Oct 2025
By Liz Kivi | The NZU market has been “plain old dull” in recent months, with activity driven mainly by credit opportunities or a specific need to raise cash, according to Lizzie Chambers of trading platform Carbon Match.
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
Broker predicts all this year’s carbon auctions will fail
10 Oct 2025
By Liz Kivi | Marex New Zealand is forecasting that the government will sell no ‘pollution permits’ at the NZU auctions this year, with a significant gap continuing between secondary market prices and this year’s $68 auction floor price.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
Emerging biodiversity and carbon markets part of Gisborne plan for land-use change
6 Oct 2025
Gisborne District Council has endorsed a plan to shift up to 100,000 hectares of the region’s most erosion-prone land into permanent vegetation cover and is calling on the Government to make urgent changes to the Emissions Trading Scheme to aid the transition.
Will govt’s light touch approach lead to higher carbon prices?
3 Oct 2025
By Liz Kivi | Carbon market watchers are hoping the government’s plan for the electricity sector will eventually lead to higher carbon prices, with the secondary market still trading sideways for the longest time in its history.
NZ quiet on climate target at UN meeting
2 Oct 2025
By Liz Kivi | New Zealand didn't mention its recently minted – but widely criticised – climate target for 2035 at a major multilateral climate meeting in New York last week, at an event which was ostensibly billed as a platform for leaders to present their new targets.
Climate credibility gap widening for Aussie firms
1 Oct 2025
By Pattrick Smellie | Australian public companies’ climate change commitments are in retreat, reflecting difficulty in achieving stated targets and increased fossil use, but not because of any pressure to make less effort, according to a study of major companies’ ESG reporting.
Carbon price steady after failed quarterly auction
16 Sep 2025
By Liz Kivi | The carbon price has continued to trade in its familiar moribund range in the high $50s following last week’s failed quarterly auction, with ample supply still trading on the secondary market at about $10 below this year’s $68 auction floor.
No bidders front to carbon auction - again
10 Sep 2025
By Liz Kivi | Today’s quarterly carbon auction was a non-event yet again, making it the third consecutive auction this year with no bidders, with the secondary market price still limping along at nearly 20% below the auction floor.
Environmental groups call for ETS reform
Fri 20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
Media round-up
Fri 20 Feb 2026
In our round-up of climate coverage in local media: 'Every tonne matters': The climate scientist who wants to give you hope; Minister says managed retreat is an option; and climate change is here – is New Zealand ready?
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Singapore sets first ever sustainable aviation fuel levy, as Southeast Asia’s fuel industry grows
Tue 17 Feb 2026
Flying in and out of Singapore, home to Southeast Asia’s busiest airport, will get slightly more expensive this year as the city state begins imposing a levy of between 75 cents to $32 per ticket to fund sustainable aviation fuel.
Greens slam move to disband Environment Ministry
Fri 20 Feb 2026
The Green Party has joined climate and health advocates in condemning the Government's decision to disestablish the Ministry for the Environment as part of a multi-ministry merger.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
Thu 19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
California, Connecticut preparing 'attack' against Trump's repeal of basis of US climate regulation
Fri 20 Feb 2026
California and Connecticut are working together on a multi-state "plan of attack" against President Donald Trump's repeal of the foundation of federal climate regulation of vehicles, the states' attorneys general told Reuters on Tuesday.
Carbon price drops as volatility continues
Tue 17 Feb 2026
By Liz Kivi | The carbon market is still displaying extreme volatility, with prices dropping back to below $40 yesterday, after trading as high as $46.25 last week.
Flawed decision-making around taxing electricity to fund LNG import terminal
Mon 16 Feb 2026
By Simon Orme | COMMENT: The Government's decision to back an LNG import terminal exemplifies an egregious failure in public policy and energy sector governance.
LNG: a rational choice compared to unpalatable alternatives
10 Feb 2026
By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.
Sustainable retail-office project breaks ground under new Green Star framework
Thu 19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
Carbon market rallies but auction floor still out of reach
13 Feb 2026
By Liz Kivi | The carbon market has rallied, with secondary market prices up more than 25% in the past two weeks, although current prices in the mid-$40s are still far below this year’s $71 auction floor, with the first auction of 2026 less than three weeks away.
DOC trims costs and winds down jobs for nature
10 Nov 2025
The Department of Conservation (DOC) is entering a new phase of tighter budgets and structural change as it winds down the pandemic-era Jobs for Nature programme and reshapes its operations to absorb long-term cost pressures.
Transport dominates NZ’s rising consumer emissions
10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
Slash for cash turns storm debris into jobs and climate resilience
Thu 19 Feb 2026
A community-led initiative in Tairāwhiti is transforming storm-damaged forestry slash into jobs, soil regeneration and long-term climate resilience.
Calls for action to reduce emissions as extreme weather bites
Tue 17 Feb 2026
By Liz Kivi | Renewable energy advocates and environmental groups are calling for more action to reduce emissions and increase resilience as severe weather wreaks havoc across the country.
RMA to speed up fossil fuel consents
18 Aug 2025
By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”
New study looks to nature markets to accelerate climate response
Wed 18 Feb 2026
The Nature Conservancy is teaming up with local groups to study the most affordable and effective ways of restoring native habitats at the top of the South Island, including ways to fund the work using international voluntary carbon markets and biodiversity credits.
Green Member’s Bill aims to give whales legal ‘personhood’
9 Feb 2026
The Green Party wants to give whales legal rights, including the right to sue.
Claims that AI can help fix climate dismissed as greenwashing
Wed 18 Feb 2026
Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
Media round-up
13 Feb 2026
In our round-up of climate coverage in local media: Senior UK ministers have asked their New Zealand counterparts to explain new climate policies, National’s LNG blunders are a warning ahead of election campaign, and what are the lessons New Zealand should take from another summer of weather disasters?
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
Australian gas producer Santos wins court fight over net zero claims
Wed 18 Feb 2026
An Australian court on Tuesday threw out a lawsuit against gas producer Santos that alleged the company misled the public on its plans to achieve net zero carbon emissions.
Govt unveils plans for carbon storage regulations – and ETS rewards
18 Dec 2025
By Liz Kivi | The Government has released plans to regulate carbon capture and storage in natural geological formations, which include Emissions Trading Scheme incentives, with the aim of introducing related legislation in 2026.
Seabed miners quit South Taranaki fast-track bid
Fri 20 Feb 2026
By Craig Ashworth, Local Democracy Reporter | Would-be seabed miners have abandoned their fast-track bid to mine in South Taranaki waters, saying they can’t change the minds of the panel that rejected their application.
NZ's latest climate target 'weak' – Climate Action Tracker
24 Jun 2025
By Shannon Morris-Williams | New Zealand's new international climate target to 2035 is weak, and could even allow for higher emissions than the 2030 target, according to a global scientific project that tracks government climate action.
Partnership to advance Pacific science and environmental leadership
Thu 19 Feb 2026
Media release | Waipapa Taumata Rau, University of Auckland, and the Secretariat of the Pacific Regional Environment Programme have signed a Memorandum of Understanding (MoU) to strengthen collaboration in Pacific-led science, research and capacity-building, with a strong focus on environmental sustainability and ocean stewardship.
Lawyers seek answers on climate impacts of LNG import facility
13 Feb 2026
By Shannon Morris-Williams | Lawyers for Climate Action has written to Climate Change and Energy Minister Simon Watts warning that the Government's plan for an LNG import terminal could be in conflict with New Zealand’s climate obligations and emissions reduction targets.
Commentators slam Govt inaction in aftermath of climate change-fuelled storms
30 Jan 2026
By Liz Kivi | Climate action - or inaction - is shaping up to be an election issue, with multiple commentators drawing a line between the Coalition Government’s backsliding on climate targets and the deadly extreme weather events of the past week.
Kiwi startup takes on global plastic pollution
12 Feb 2026
A New Zealand startup is launching what it says is the world’s first plastic-free effervescent drink tablet, with the ambitious aim of eliminating bottled beverages to reduce global plastic pollution.
78% of NZers want bottom trawling banned as Govt pushes to catch more coral in South Pacific
Tue 17 Feb 2026
Media release | New polling shows overwhelming support from New Zealanders for a ban on bottom trawling in the South Pacific high seas, says Greenpeace.
Critical minerals talks with US questioned in Waitangi Tribunal climate inquiry
9 Feb 2026
By Shannon Morris-Williams | New Zealand and the United States' negotiations over critical minerals have raised questions for the Waitangi Tribunal’s long-running inquiry into climate change.
IEA Declaration strengthens international co-operation on critical minerals
Fri 20 Feb 2026
Media release – NZ Government | New Zealand has joined international leaders at the 2026 International Energy Agency Ministerial meeting in committing to strengthen global co-operation on critical minerals to strengthen long‑term energy security.
Antarctic sediment core reveals past ice sheet retreat during warmer climates
Wed 18 Feb 2026
A record-breaking sediment core drilled from beneath the West Antarctic Ice Sheet is giving scientists new insight into how the ice sheet responded to warmer climates in the past — and what that could mean for future sea-level rise.
Solar households to get little-noticed tax break
23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
NZ-UAE partnership boosts advanced tech
9 Feb 2026
Media release | A new Antarctic science partnership with a leading UAE university will grow New Zealand’s advanced engineering and modelling capability, supporting high-value jobs, encouraging economic growth, and enabling smarter climate risk management, Science, Innovation and Technology Minister Dr Shane Reti says.
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
Wed 18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Climate ambassador moves on
13 Feb 2026
By Liz Kivi | The Government is on the hunt for a new top climate diplomat, with previous climate ambassador Stu Horne moving on to a posting in Honolulu as New Zealand’s Consul General to Hawai’i.
EU to ban destruction of unsold clothes and shoes
12 Feb 2026
The European Commission has adopted new measures that will require medium and large companies to stop discarding unsold clothing and footwear, in the bloc’s latest move to target textile waste.
New research on climate adaptation as severe weather hits
Mon 16 Feb 2026
As extreme weather batters the country yet again, researchers have published the first ever empirical study of climate adaptation justice in Aotearoa New Zealand.
Study finds warming world increases days when weather is prone to fires around the globe
Fri 20 Feb 2026
The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a new study shows.
Hydrogen plant to start construction
10 Feb 2026
Construction is set to start this month on Hiringa Energy’s long delayed green hydrogen project in South Taranaki, after years of consenting fights that culminated in the Court of Appeal rejecting Greenpeace’s challenge in late 2023.
