Topics tagged with 'Carbon Credits'
One-for-two subsidy enters its dying days
22 Jan 2018
New Zealand’s one-for-two carbon subsidy is almost gone.
Carbon breaks through $20 mark
7 Dec 2017
New Zealand carbon is selling for more than $20 a tonne for the first time since March 2011 – and it’s expected to go higher.
SHAW THING: Business needs to get into gear
4 Dec 2017
New climate minister James Shaw has a clear message for business: get your house in order because New Zealand is decarbonising ... fast.
Broker backs hedging with European units
20 Nov 2017
Entities with future carbon liabilities should be thinking about hedging with European units – and that includes the country itself, says a leading carbon broker.
Shaw might clear our name over dodgy credits
14 Nov 2017
New Zealand might yet come good on the issue of dodgy carbon credits.
Get behind Zero Carbon Act, Morgan tells Nats
8 Nov 2017
The National Party should offer cross-party support for the Zero Carbon Act, providing the country with stable climate-change policy, says Gareth Morgan’s The Opportunities Party.
5 things MFAT wants you to know about COP23
6 Nov 2017
INTERNATIONAL NEGOTIATIONS to put meat on the bones of the Paris Agreement start in Bonn today, with Fiji in the presidency.
Emissions failure will hurt NZ farmers, warns Fonterra
31 Oct 2017
A global failure to cut greenhouse gas emissions will see New Zealand farmers face demands for major production cuts, the world’s largest milk-processor is warning.
Emissions register ready to take on water trading
18 Oct 2017
New Zealand’s Emissions Trading Register is ready to trade in other “environmental commodities” such as water.
Foreign credits bad call, warns ex-climate envoy
16 Oct 2017
Spending up to $20 billion on buying foreign carbon credits will be a “severe imposition” on the economy and will delay New Zealand’s decarbonisation, warns our former climate ambassador.
Climatecoin lines up the carbon markets
9 Oct 2017
Blockchain – the technology developed by cryptocurrency pioneer Bitcoin to knock financial intermediaries out of transactions – has the carbon markets in its sights.
Plant pines on public land, says Bluegreens chief
4 Oct 2017
The head of the National Party’s Bluegreens policy advisory group says pine trees should be planted on Department of Conservation land to offset New Zealand’s greenhouse gas emissions.
Z Energy backs car-sharing company
29 Sep 2017
Z Energy is investing in the carbon-positive car-sharing company Mevo.
Carbon credits key to finding project capital
27 Sep 2017
Issuing carbon credits for schemes that cut greenhouse gas emissions could tip the balance in favour of projects like public transport, a consultant says.
WINSTON'S THE WORD: What NZ First leader wants
25 Sep 2017
A party which has vowed to get rid of the Emissions Trading Scheme now holds the balance of power in New Zealand’s Parliament.
First step is cut domestic emissions, says report
20 Sep 2017
New Zealand could meet a large chunk of its Paris Agreement emissions reduction target through cuts in emissions at home, a new report says.
TAX OR TRADE?: It doesn't make much difference
19 Sep 2017
Ditching the Emissions Trading Scheme in favour of a carbon tax will not solve New Zealand’s emissions woes, a new report says.
What the parties say about climate change
29 Aug 2017
Three-and-a-bit weeks out from the general election, what do we know about the parties’ approach to climate change?
Researchers to probe rich options for Maori land
23 Aug 2017
Rising carbon prices mean carbon farming, backed by manuka honey production, is becoming a viable use of Maori land, says the head of a Ruatoria charitable company.
FREE CREDITS: And the winner is NZ Steel
15 Aug 2017
New Zealand Steel is once again the big winner in the Government’s allocation of free carbon credits to industrial emitters.
GASES ARE GO: Our emissions on the rise again
11 Aug 2017
New Zealand’s reported greenhouse gas emissions are on the rise again, new figures show.
PICKY PROBLEM: What makes a carbon forest?
3 Aug 2017
The regeneration of vast areas of carbon-storing native forests is being hampered by “pickiness” over the definition of carbon forests.
ETS changes of little help, say foresters
1 Aug 2017
The Government’s latest changes to the Emissions Trading Scheme will do nothing to get more trees in the ground, the forestry sector says.
THE COUNT: At last, a leader talks climate policy
31 Jul 2017
Seven weeks out from the general election, we’ve finally got a political leader talking climate change policy – and it’s Winston Peters.
We need expert climate advice, says commissioner
27 Jul 2017
New Zealand should adopt a UK-style Climate Change Commission and all political parties should support it, says the Parliamentary Commissioner for the Environment.
ETS CHANGES: Good news and bad news
27 Jul 2017
The latest changes to the Emissions Trading Scheme have met with mixed reactions.
Govt acts on auctioning and international units
26 Jul 2017
The $25 price cap is staying for now, but the importation of international units will be restricted when the New Zealand carbon market opens to the world again, the Government has just announced.
Greens put case for billion-dollar growth fund
17 Jul 2017
A billion-dollar Green Infrastructure Fund and New Zealand at net-zero emissions by 2050 will be priorities for the Green Party in government.
THE COUNT: James Shaw takes Greens into the lead
17 Jul 2017
It’s runs on the board this week for two leaders in The Count, our weekly tally of public statements about climate change by party leaders in the lead-up to the general election.
Wood-for-coal switch would save us millions
14 Jul 2017
Using wood instead of coal to provide industrial heat would cut New Zealand’s greenhouse gas emissions by 460,000 tonnes and save more than $11 million a year in carbon credits, a new report says.
IT'S OFFICIAL: Ministers get the word on ETS changes
5 Jul 2017
Official advice on changes to the Emissions Trading Scheme has made its way from officials to ministers.
What biofutures need is America's Cup energy
13 Jun 2017
New Zealand could have a thriving biofutures industry, producing clean products from waste and cutting greenhouse gas emissions, if it put as much effort into addressing climate change as it puts into the America’s Cup yacht race, says the Bioenergy Association.
EDITORIAL: What this $14 billion figure is all about
25 May 2017
The $14.2 billion being bandied about this week as the cost of New Zealand's Paris Agreement pledge is not solely attributable to the purchase of international carbon credits.
Buying Euro credits would pay off, says trader
24 May 2017
New Zealand should hedge its international carbon risk by buying European carbon units, a broker says.
Free credits cost taxpayers almost $1.7 billion
16 May 2017
Free carbon credits for trade-exposed heavy emitters have cost taxpayers nearly $1.7 billion.
Foresters want carbon price range and ETS promise
11 May 2017
A price range for carbon and a promise that changes to the Emissions Trading Scheme will be backdated would get landowners planting carbon-sequestering trees now, says the Forest Owners’ Association.
Officials look at pricing of agricultural emissions
4 May 2017
Officials are investigating whether a price should be put on agricultural greenhouse gas emissions, despite the issue being specifically excluded from the current review of the Emissions Trading Scheme.
Government acts on decarbonising the economy
3 May 2017
The Productivity Commission is to investigate the cost of decarbonising New Zealand’s economy.
FACE THE FACTS: The Government has done little
28 Apr 2017
Two major reports on climate change – one on the likely impacts on New Zealand, the other on ways the country can cut emissions – were released a year ago by the country’s top scientific body, the Royal Society. Energy expert RALPH SIMS, who chaired the report committee, reflects on progress.
Native forests have potential to earn millions
26 Apr 2017
Landowners with 10,000 hectares of native forest could earn $1.5 million a year in carbon credits, a new report says.
Food carts get taste of solar
21 Apr 2017
New York’s thousands of food carts are generating carbon credits.
Bennett rules out farming and climate commission
18 Apr 2017
Climate minister Paula Bennett says carbon prices need to go higher, but she won’t be putting a price on agricultural emissions and she doesn’t think New Zealand needs a climate commission.
Most industrial emitters meet returns deadline
11 Apr 2017
Most industrial emitters got their 2016 returns in on time.
Carbon price fall springs $100m surprise
7 Apr 2017
A fall in the price of carbon has left the Government with a smaller-than-expected liability on its books.
SIMON UPTON: Credits, caps and cross-party deals
3 Apr 2017
The man likely to be the next Parliamentary Commissioner for the Environment says there might not be enough international carbon credits available to meet New Zealand’s Paris Agreement targets.
Officials have mid-year date with ETS changes
30 Mar 2017
Officials will report to the Government in the middle of the year on the next round of changes to the Emissions Trading Scheme.
Farmers join in as landowners return to planting
29 Mar 2017
Landowners are planting forests again – and farmers looking to offset emissions appear to be among them.
NET-ZERO REPORT: We can do more, says bioenergy industry
24 Mar 2017
A cross-party report on how New Zealand can get to net-zero emissions in the second half of the century ignores some immediate opportunities, the Bioenergy Association says.
Morganists want new approach to controls on farming
10 Mar 2017
The Opportunities Party would put a cap on New Zealand’s greenhouse gas emissions, get rid of the $25 carbon price cap and free credits for heavy emitters and bring some agricultural emissions into the Emissions Trading Scheme.
The Opportunities Party wants us carbon neutral by 2050
9 Mar 2017
Pressure is mounting for New Zealand to make deep emissions cuts by the second half of the century, despite the country’s official target being to only halve emissions by 2050.
Govt consulting on Pacific Resilience Facility
Fri 12 Dec 2025
The Foreign Affairs, Defence and Trade Committee is calling for submissions on its international treaty examination of the Agreement to Establish the Pacific Resilience Facility.
Govt overhaul leaves the door open for coal mining on conservation land
Fri 12 Dec 2025
By Shannon Morris-Williams | The Government’s sweeping reclassification of thousands of hectares of publicly-owned conservation land has met with sharp criticism, with environmental groups saying the decision leaves vulnerable ecosystems exposed to mining and development.
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.
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.
Second fire tears through Tongariro National Park
Tue 9 Dec 2025
By Shannon Morris-Williams | Fire crews have returned to Tongariro National Park this morning as a fast-moving fire that started yesterday threatens unburnt vegetation and nearby communities, just a month after a major blaze scorched 3000 hectares in the same area.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
What are the causes of recent record-high global temperatures?
Fri 12 Dec 2025
The past three years have been exceptionally warm globally.
Minister not concerned about potential economic impacts of ruling out offshore mitigation
Thu 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.
KiwiRail pauses coal trains amid rising climate protests
Tue 9 Dec 2025
By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
$235 billion worth of NZ buildings exposed to flooding
30 Oct 2025
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
India at COP30: A mismatch between grandstanding and climate action
Thu 11 Dec 2025
Despite India’s attempt to anoint itself as the leader of the developing world, at the COP30 summit, New Delhi’s track record remains contradictory.
Govt warned that scrapping ag emission pricing comes with risks
Thu 11 Dec 2025
By Liz Kivi | The Government’s move to halt plans for agricultural emissions pricing without replacing it with any other action will leave New Zealand facing a bigger gap to meet its third emissions budget, Environment ministry officials have warned.
NZ ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister
Fri 12 Dec 2025
By Liz Kivi | Vanuatu’s Climate Change Minister, Ralph Regenvanu, says New Zealand restarting fossil fuel exploration and subsidies is an obvious breach of international law, exposing the country to international and domestic litigation.
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.
Media round-up
Fri 12 Dec 2025
In our round-up of climate coverage in local media: Another offshore wind firm exits New Zealand over a clash with seabed mining; Fonterra falls behind on its climate goals as farm emissions remain flat; and the businesses trapped by the gas 'death spiral'.
Transport dominates NZ’s rising consumer emissions
Wed 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.
Australia has new laws to protect nature. Do they signal an end to native forest logging?
Thu 11 Dec 2025
Reforms to Australia’s nature laws have passed federal parliament. A longstanding exemption that meant federal environment laws did not apply to native logging has finally been removed from the Environment Protection and Biodiversity Conservation Act.
Oil and gas majors would create $78bn more value by stopping exploration
Thu 11 Dec 2025
Media release | Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development, according to new analysis released today by ACCR.
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.”
Analysis: Why COP30’s ‘tripling adaptation finance’ target is less ambitious than it seems
5 Dec 2025
One of the headline outcomes to emerge from COP30 was a new target to “at least triple” finance for climate adaptation in developing countries by 2035.
Ticking time-bomb in Govt’s failure of leadership on climate – Carr
Tue 9 Dec 2025
By Liz Kivi | The coalition Government’s failure to slash emissions is like pulling the pin on a grenade, handing it to a kid, and saying “hold on tight, she’ll be right”, says former Climate Change Commission chair Rod Carr.
TotalEnergies loses in Paris court, marking a turning point for fossil fuel truth-in-advertising
5 Nov 2025
TotalEnergies was found to have misled consumers about its role in the energy transition.
Tribunal warns govt geothermal strategy risks Treaty breach
2 Dec 2025
By Shannon Morris-Williams | The government's geothermal development strategy risks breaching the Treaty of Waitangi, according to a report from the Waitangi Tribunal released last week.
Hiringa eyes green methanol plant near Whanganui
29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
Insurers welcome govt decision to keep NHC levy unchanged
21 Nov 2025
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
Shell facing first UK legal claim over climate impacts of fossil fuels
Fri 12 Dec 2025
Victims of a deadly typhoon in the Philippines have filed a legal claim against oil and gas company Shell in the UK courts, seeking compensation for what they say is the company's role in making the storm more severe.
NZ fails to back ‘roadmap’ to phase out fossil fuels at COP
24 Nov 2025
By Liz Kivi | Eighty-six countries including Australia, the UK, Germany, and Ireland backed a proposal at COP30 for national plans on how to quit oil, gas and coal – but New Zealand wasn’t one of them.
High risk of economic losses from Cook Islands nodule extraction and sales – new study
Fri 12 Dec 2025
Media release: Greenpeace | The economic potential of seabed polymetallic nodules in the Cook Islands has been overstated, according to a new independent study commissioned by Greenpeace International.
Is Govt rushing through changes to climate framework to avoid litigation?
Thu 11 Dec 2025
By Liz Kivi | The Parliamentary Commissioner for the Environment says the Government’s motivation for proposed changes to the country’s climate framework law are unclear: “The only reason I can think of is one grounded in potential litigation risk.”
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.
Storms in the Southern Ocean are producing more rain – and the consequences could be global
Mon 8 Dec 2025
Storms in the Southern Ocean influence weather patterns across Australia, New Zealand and the globe.
Heatwaves, downpours and droughts – Auckland on track for more extreme weather
1 Dec 2025
By Shannon Morris-Williams | New projections show Auckland will face more heatwaves, heavier downpours, worsening droughts and growing coastal threats as climate extremes intensify, according to a new report from Earth Sciences New Zealand.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
Shipping movements disrupted as climate change protesters block coal ships
2 Dec 2025
NSW police have arrested 141 people who attempted to block the shipping channel in Newcastle Harbour during Rising Tide protests, which began on Thursday.
Straterra has a new name: the New Zealand Minerals Council
16 Apr 2025
Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.
Neighbours fume over plans to axe trees for solar farm
Thu 11 Dec 2025
Diane McCarthy, Local Democracy Reporter | Whakatāne District Council has thrown its support behind residents of a country lane distressed about Genesis Energy’s plans to axe their trees.
NZ and US studying "huge unknown" in Antarctic climate science
Thu 11 Dec 2025
Media release: Earth Sciences New Zealand | Scientists are measuring a huge unknown in climate science: how much heat Antarctica emits into space.
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.
More than $2m up for grabs for low-emissions farming innovation
Wed 10 Dec 2025
The Ag Emissions Centre and AgriZeroNZ yesterday opened their 2026 innovation investment round.
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
Seven EU countries pressure European Commission to rethink 2035 diesel and petrol car ban
Tue 9 Dec 2025
Pressure from EU countries, lawmakers and the automotive industry is likely pushing the European Commission to delay the revision of the bloc's ban on diesel and petrol cars by 2035.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
Study provides a step-change in understanding NZ’s groundwater
28 Nov 2025
Media release | Earth Sciences New Zealand has developed a world-first National Groundwater Age Map and a powerful suite of tools to support the sustainable management of our hidden groundwater resources, from national through to local scales.
NZ just had its hottest spring in at least 116 years
Wed 10 Dec 2025
By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.
Australian market operator slashes wind farm predictions amid falling costs for solar and batteries
Thu 11 Dec 2025
The body that runs Australia's biggest power market has scaled back its plans for high-voltage power lines and wind farms to meet the country's green energy targets.
