Topics tagged with 'Carbon Credits'
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.
Farmers want action on land use and tree planting
23 Feb 2017
Farmers want research into alternative land uses to help them to cope with climate change, and greater incentives to plant carbon-storing trees on their farms.
Inaction means public could lose faith in climate leaders
17 Feb 2017
New Zealand’s “limited and largely ineffectual actions” on climate change risk undermining public confidence in our policy makers, say the authors of the latest Public Perceptions of the Environment report to be released today.
Forest bonds seen as way for long-term green investment
10 Feb 2017
A world-leading environmental impact bond scheme could channel substantial private investment into planting vast areas of native and exotic forests in New Zealand.
Relying on foreign credits dangerous, say officials
9 Feb 2017
New Zealand cannot rely on international carbon credits to meet its emissions reductions targets after 2030, officials have told the Government, warning that credits could be expensive and in short supply.
Include farming in ETS, says former climate envoy
3 Feb 2017
Our former climate ambassador says that agriculture should be brought into the Emissions Trading Scheme – even if it is treated differently.
Linking carbon market would be a clever move
1 Feb 2017
New Zealand could cut the cost of meeting its international emissions reductions targets by linking its carbon market to emerging markets in Asia.
Credits in private accounts worth $2.1 billion
27 Jan 2017
Carbon credits sitting in private accounts are a $2.1 billion liability to the Government.
Deadline looms for say on energy strategy
25 Jan 2017
Anyone with a view on how New Zealand should manage energy production and use has just under two weeks left to have a say.
Bennett stands alone in climate change portfolio
19 Dec 2016
The climate portfolio is now held by the deputy prime minister – the highest ranking it has ever had in New Zealand.
New emissions reduction plan business as usual
15 Dec 2016
The Government’s plan to cut the emissions intensity from industrial heat generation by 1 per cent a year is just business as usual, and will do little to achieve New Zealand’s Paris Agreement commitment.
Govt targets industrial sector in new energy strategy
13 Dec 2016
The Government has unveiled plans to cut the emissions intensity of the country’s industrial sector by 1 per cent a year.
NZ goes shopping for Paris pact carbon credits
25 Nov 2016
New Zealand has started talking to countries about supplying carbon credits to help to meet its Paris Agreement emissions reduction pledge.
It's going well, says PM, as we pick up another fossil award
18 Nov 2016
The Prime Minister says the Emissions Trading Scheme is operating “pretty well”.
NZ eyes buying 80% international credits to meet target
17 Nov 2016
New Zealand might buy international carbon credits to meet 80 per cent of its Paris Agreement emissions reduction commitment, a Government paper shows.
MARRAKECH MESSAGE: We've got enough clean credits
16 Nov 2016
New Zealand is likely to use 38.1 million tonnes of its surplus carbon credits to meet its next emissions reduction target and will not need access to international markets, climate change talks in Morocco have heard.
DODGY CREDITS: What does Treasury really think?
15 Nov 2016
Treasury’s opinion on whether New Zealand should retire more carbon credits to make up for the “dodgy” units it surrendered to meet it first emissions reduction pledge remains tantalisingly out of sight.
We might be better than we think at absorbing carbon
9 Nov 2016
New research reveals that the ability of New Zealand’s land biosphere to absorb carbon could be 50 per cent more than currently estimated.
Hopes rise for solution to forest-split problem
7 Nov 2016
The door is slightly open for the Government to reconsider the contentious pre-1990/post-1989 forestry split under the Emissions Trading Scheme.
Morgan's party will stand firm on climate
7 Nov 2016
Gareth Morgan’s new political party will have a strong focus on climate.
You can't do it alone, bioenergy body hears
2 Nov 2016
No country has made the move to low-carbon bioenergy without strong governmental support, the New Zealand Bioenergy Association has been told.
Rural capital gains tax could work, says report
31 Oct 2016
A capital gains tax on rural land and letting farmers sell future carbon credits when they plant trees could help New Zealand to cut agricultural emissions, a new paper says.
$2.5b carbon bill hanging over heads of Treelords iwi
27 Oct 2016
The Maori owners of land under the Southern Hemisphere’s largest plantation forest face a potential carbon liability of nearly $2.5 billion – yet have received credits for just a fraction of the carbon stored in the trees.
Millions worth of free credits sit in private accounts
20 Oct 2016
Non-forestry carbon credits worth more than $350 million – many of them given by taxpayers to large industrial emitters – are sitting in private carbon accounts.
WATCHDOG WISHLIST: How we can ease farm emissions
19 Oct 2016
Vast increases in native and exotic forests, bringing nitrogen fertiliser and some large farms into the Emissions Trading Scheme, and fast-tracking development of a methane vaccine.
Paris promises could cost country $70 billion
18 Oct 2016
MEETING New Zealand’s Paris pledge could cost more than $70 billion and see carbon hit $300 a tonne if the country doesn’t have access to international carbon markets.
Australian businesses keen to join global carbon trade
18 Oct 2016
AUSTRALIA'S conservative government might have ditched the country’s emissions trading scheme, but businesses across the Tasman still want to get involved in international carbon trading, a survey shows.
Seaweed could cut methane emissions from cows
14 Oct 2016
When Canadian farmer Joe Dorgan noticed about 11 years ago that cattle in a paddock by the sea were more productive than his other cows, he didn't just rediscover an Ancient Greek and Icelandic practice.
Minister hints at setting minimum carbon price
12 Oct 2016
New Zealand could impose a minimum price on carbon.
Bennett in no rush to surrender extra credits
11 Oct 2016
The Government will not surrender extra carbon credits to cover the environmentally worthless credits New Zealand used to meet its first emissions reduction target – at least not yet.
Opposition slams Government carbon credits plan
6 Oct 2016
New Zealand’s plans to buy its way out of emissions reductions run foul of the United Nations’ Framework Convention on Climate Change, Opposition parties say.
Voluntary actions have role, says carbon certifier
27 Sep 2016
Voluntary carbon credits can help to meet New Zealand’s Paris Agreement target, Parliament has been told.
Why NZ doesn't need foreign carbon credits
26 Sep 2016
New Zealand could meet its Paris Agreement pledge without using foreign carbon credits and develop a $6 billion industry at the same time, says the Bioenergy Association.
PARIS PACT: Morganists say NZ must sell units
23 Sep 2016
The Government must cancel all surplus carbon units it’s sitting on in 2020 as part of ratifying the Paris Agreement, says the group that wrote the Climate Cheats report.
Ukraine ratifies Paris Agreement
21 Sep 2016
Ukraine – the source of many of the low-value carbon credits that have so embarrassed the New Zealand Government – is the latest country to ratify the Paris Agreement.
Will the planet really profit from natural capital?
19 Sep 2016
What is natural capital and why use it to refer to nature?
UN limits staff at COP30 climate summit over accommodation concerns
Today 11:45am
High hotel prices for Brazil's COP30 climate summit in November have prompted the United Nations to urge its staff to limit attendance, while government delegations are still scrambling to find rooms within their budgets.
Govt passes law to limit farm-to-forest conversions
Today 11:45am
By Shannon Morris-Williams | The Government has passed legislation intended to limit farm-to-forest conversions in the Emissions Trading Scheme, with ministers saying the changes “restore balance,” while opponents call it a band-aid that risks climate targets.
NZ needs to be part of a regional SAF strategy: Z, Air NZ
9 Sep 2025
By Pattrick Smellie | New Zealand needs to be part of a regional strategic approach to sourcing sustainable aviation fuel (SAF), with domestic production less the aim than ensuring access to the fuel from one of a number of strategically positioned bio-refineries around the world.
'Non-negotiable' – EU carbon pricing to hit Kiwi exporters, expert warns
11 Sep 2025
By Shannon Morris-Williams | High carbon exports will inevitably face a high carbon tax at the EU border, possibly in the next five years, and high methane agricultural products might not be exempt, an international expert told a local audience yesterday.
UK foreign aid for nature hits £800m record due to cash for carbon credits
Tue 16 Sep 2025
The UK’s climate-aid spending on “nature protection and restoration” reached record levels of nearly £800m last year, according to government figures obtained by Carbon Brief.
Researchers say sealing old oil wells with bio-oil from crop waste is a dual carbon-removal solution
Today 11:45am
A new analysis shows that oil made from corn husks, wood chips, and other waste could plug greenhouse gas-belching abandoned oil wells while sequestering carbon for about $152 per ton.
EU set to miss UN deadline for new target under Paris climate accord
Today 11:45am
The delay is intended to allow countries more time to agree to an ambitious goal.
Carbon price steady after failed quarterly auction
Tue 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.
Industry struggles with double-digit power price hikes
Mon 15 Sep 2025
As power prices surge by double-digit amounts for the second year in a row, industrial users can’t keep absorbing cost increases, the Major Electricity Users’ Group says.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
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.”
Watts not considering removing electricity from ETS
Tue 16 Sep 2025
Energy and Climate Change Minister, Simon Watts, says he is “not currently considering” removing electricity generation from the Emissions Trading Scheme, as proposed by NZ First Minister Shane Jones.
Gentailers told to behave as ministers weigh Frontier review
Wed 17 Sep 2025
The chief executives of Contact, Meridian, Mercury and Genesis met Energy and Climate Change Minister Simon Watts on Thursday for their regular monthly session.
Declining sea-ice is altering Antarctic food webs
11 Sep 2025
A new study shows a significant change in Antarctic phytoplankton over time that could cascade through the marine food web and affect the ocean’s capacity as a carbon sink.
Lobby group launches ‘blueprint’ for ocean management reform
Thu 18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Marginal drop in last year's regional emissions
27 Aug 2025
Regional greenhouse gas emissions were down slightly last year, with a fall in gas supply leading to a big drop in Taranaki, but more coal burnt leading to higher emissions in Waikato, according to new figures from Stats NZ
Australia leapfrogs NZ on climate ambition
Today 11:45am
By Liz Kivi | Lawyers for Climate Action say Australia’s new 2035 climate target should be a wake-up call for ‘clean, green’ New Zealand.
Exxon and Shell sue the Netherlands in secret tribunals for closing Europe’s biggest gas field
Today 11:45am
Following billions in profits and over a thousand gas extraction-related earthquakes, the oil and gas giants filed claims against the Dutch state in four separate investor-state disputes concerning compensation for home damages and the permanent closure of the Groningen gas field.
A modest geothermal strategy
31 Jul 2025
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
Why mega-polluters have little to fear from the European Central Bank and its new climate policy
12 Sep 2025
The European Central Bank plans to raise borrowing costs for climate offenders – but a new FTM analysis shows that big polluters such as Shell will barely feel it.
Science cuts will hold back climate research
Wed 17 Sep 2025
By Liz Kivi | A crisis in government-backed science funding is worsening, with dire implications for climate research in New Zealand, according to experts from the scientific community.
Media round-up
5 Sep 2025
In our round-up of climate coverage in local media: The great methane debate; law change scuppers legal challenge to irrigation scheme consent; and what are the energy and climate implications of the $7.5 billion Amazon Web Services data centre deal?
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
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.
Media round-up
29 Aug 2025
In our round-up of climate coverage in local media: Changes to road user charges will increase New Zealand's emissions; Climate Change Minister Simon Watts promises better access to hazard data for homeowners; and Kiwis borrow over $1 billion in ‘green loans’ for heat pumps and electric cars.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Young activists won a landmark state climate trial. Now they’re challenging Trump’s orders
Thu 18 Sep 2025
Young climate activists and their attorneys who won a landmark global warming trial against the state of Montana are trying to convince a federal judge to block President Donald Trump’s executive orders promoting fossil fuels.
Forest carbon stores massive blind spot - study
4 Sep 2025
By Shannon Morris-Williams | Aotearoa New Zealand’s planted forests hold significant deep soil organic carbon — with over half of it stored below 30 cm, and much of it over 1,000 years old.
Govt tweaks offshore energy bill with 'declared areas' model
Wed 17 Sep 2025
By Shannon Morris-Williams | The Government is making changes to the Offshore Renewable Energy Bill to address offshore wind developers' concerns about competing for space with other industries.
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.
A steady ocean pattern just failed for the first time ever observed
Wed 17 Sep 2025
The failure of the Gulf of Panama’s seasonal upwelling system has left scientists wondering what happens next.
Australia's 2035 climate targets on path to net zero judged by the experts
Today 11:45am
After much anticipation, Australia has set its new climate targets: a reduction of 62 to 70 per cent within the next 10 years.
‘Plastic Cup’ competitions are cleaning up rivers in Hungary
1 Sep 2025
Afloat on DIY boats, teams of volunteers have removed over 450 tons of plastic waste from the Danube and its tributaries.
Can certificates solve NZ's heavy vehicle emissions problem?
Thu 18 Sep 2025
By Shannon Morris-Williams | The Sustainable Business Council has launched a new framework for a national system to cut freight emissions.
Climate change collaboration and competition law
Thu 18 Sep 2025
By Pattrick Smellie | The revamped competition law regime needs to be able to take into account the benefits of companies that collaborate for action on climate change, says the panel that reviewed both the Commerce Commission and the Commerce Act.
Underestimating support for climate action limits political decision making, study says
8 Sep 2025
Research reveals huge disparity between perceived and actual willingness of public to contribute to fixing climate.
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.
One city’s race to ‘solarise everything we possibly can’
Thu 18 Sep 2025
Bordeaux is quickly transforming itself into France’s top solar-powered city, banking on innovations like transparent panels that preserve its historic architecture.
Turning squashed bugs into climate change data
Today 11:45am
Media release: University of Auckland | What if the insects you hit with your car could contribute to research on climate change?
Climate groups want UK wealth tax to make super-rich fund sustainable economy
17 Jul 2025
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.
Ara Ake backs 13 projects to unlock NZ’s energy flexibility
11 Sep 2025
Media release | Ara Ake has approved over $600,000 in funding from the National Flex Discovery Fund for 13 flexibility service providers (FSPs).
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.
Most EU carmakers on track to meet emission targets: study
10 Sep 2025
Almost all European carmakers are on track to meet EU emission targets after winning a reprieve this year as electric vehicles (EV) sales pick up, a study showed.
Echo Tech secures growth investment to tackle NZ's e-waste crisis
Mon 15 Sep 2025
Media release | Echo Tech Limited, New Zealand’s leading provider of e-waste recycling and IT asset recovery services, is proud to announce a strategic investment from growth equity firm Altered Capital.
La Niña set to prolong NZ hydro shortfall
9 Sep 2025
By Shannon Morris-Williams | With La Niña favouring a drier-than-normal spring across much of the South Island, hydro lakes are unlikely to recover without substantial rain and late snowmelt – keeping national storage levels below average.
Record UK wildfires have burned an area twice the size of Glasgow in 2025
12 Aug 2025
Wildfires have scorched more than 40,000 hectares of land so far this year across the UK – an area more than twice the size of the Scottish city of Glasgow.
Which countries are scaling solar and wind the fastest?
12 Sep 2025
The leaderboard is quite different depending on what metric you look at.
