Topics tagged with 'Carbon Credits'
Pest-free state could help to control climate changes
26 Jul 2016
The Government’s mission to make New Zealand predator-free by 2050 could have a positive spin-off for the battle against a warming climate.
AGS forests will bank million tonnes of carbon
25 Jul 2016
Forests planted under the revived Afforestation Grant Scheme this year are expected to store 1.3 million tonnes of carbon.
Our forests key to the future, say scientists
22 Jul 2016
Heavy-emitting businesses could be buying more than $500 million worth of forestry credits a year by 2025, says the Crown Research Institute Scion.
How farmers, big emitters blow our carbon budget
20 Jul 2016
More than 90 per cent of New Zealand’s carbon budget for the 2020s will be spent on subsidising agriculture and trade-exposed heavy emitters, government estimates show.
Subsidy loss will cost dairy farmers a 'low' $4588
15 Jul 2016
Removal of the one-for-two carbon subsidy will cost dairy farmers $4588 and households between $66 and $99 - costs that Climate Change Minister Paula Bennett says are “relatively low”.
Firms made closure threats over 1:2 subsidy change
15 Jul 2016
Four companies threatened to close if the Government removed the one-for-two carbon subsidy.
Forester urges Govt to remove carbon market risks
12 Jul 2016
New Zealand will not get forestry investment on the scale needed to tackle climate change unless it cuts risk associated with the carbon market, says a company that planted 6500 hectares of carbon forests in the heyday of the Emissions Trading Scheme.
ETS changes you might not know about ...
4 Jul 2016
The public attention might be on the Government’s review of the Emissions Trading Scheme. But behind the headlines other, quiet, changes are being made.
NZ unlikely to use banked credits, says minister
22 Jun 2016
The Government is unlikely to use New Zealand’s banked carbon credits to make-good on hot-air credits we have already surrendered internationally, a Parliamentary select committee has heard.
Bennett vows to hold carbon price at $25
21 Jun 2016
New Zealand’s carbon price cap will not rise above $25 for a long time – but neither will it go down, Climate Change Minister Paula Bennett has told a select committee.
Could ‘nitrogen trading’ help the Great Barrier Reef?
17 Jun 2016
Among the increasing sums of money being pledged to help save the Great Barrier Reef is a federal government pledge to spend $A40 million on improving water quality. The Queensland government has promised another $33.5 million for the same purpose.
Carbon should trade in limited range, says forester
15 Jun 2016
New Zealand’s carbon prices should be kept within a band of $15 to $50, says a forestry company that has played a leading role in developing the carbon market.
Carbon cracks $16 and climbing
7 Jun 2016
Carbon continues to climb, hitting $16 just a week after reaching the $15 milestone.
Carbon price up 10.9% since subsidy dumped
3 Jun 2016
Carbon prices have climbed 10.9 per cent in the week since the phase-out of the one-for-two subsidy was announced.
How we can slash emissions from industrial buildings
31 May 2016
New Zealand could cut greenhouse gas emissions by nearly a million tonnes a year by 2030 through better energy management in commercial buildings, says the Energy Management Association.
BUDGET BOOST: Carbon crashes through $15 barrier
27 May 2016
Carbon has hit the magic $15 mark this morning on the back of the Government’s Budget announcement on the Emissions Trading Scheme.
Government to snaffle 1:2 subsidy revenue
27 May 2016
Revenue from the scrapping of the one-for-two subsidy will not be earmarked to fund emissions-reduction policies.
NATS' 19%: Bennett blames population growth
26 May 2016
New Zealand’s net greenhouse gas emissions have gone up 19 per cent under the National Government – and Climate Change Minister Paula Bennett is blaming population growth.
Forest carbon storage risky, warns thinktank
12 May 2016
Storing carbon in forests is risky and should be used to meet no more than a fifth of New Zealand’s emissions reductions, says a group of prominent scientists and other New Zealanders.
How a global carbon price will bring emissions down
11 May 2016
International carbon trading and a single global carbon price will drive deeper emissions cuts than those promised by countries under the Paris Agreement, a new report says.
CREDITS CRUNCH: We'll need millions of international units
5 May 2016
New Zealand is likely to need up to 220 million international credits to meet its 2030 emissions reduction target because even a domestic carbon price of $300 a tonne is unlikely to drive enough domestic emissions cuts, the Government says.
Make ETS like a market, says our biggest emitter
3 May 2016
New Zealand’s largest emitter of greenhouse gases says that carbon trading needs to be automated and standardised.
Run carbon prices like the dollar, says academic
2 May 2016
Carbon prices should be managed like the Reserve Bank manages the value of the New Zealand dollar, a submission on the Emissions Trading Scheme is recommending.
Officials eye pile of ETS submissions
2 May 2016
Government officials are today working their way through a large stack of submissions on the technical aspects of the Emissions Trading Scheme.
CLIMATE CRISIS: Why English must act on costs
29 Apr 2016
Finance Minister Bill English must investigate the fiscal implications of climate change, says the Parliamentary Commissioner for the Environment.
Deadline nears for Stage 2 of ETS review
29 Apr 2016
Submissions on the second stage of the Emissions Trading Scheme review close tomorrow.
MEMO MINISTER: How to do it the Morgan Way
29 Apr 2016
The Morgan Foundation is keeping up the pressure on the Government over the use of hot-air carbon credits.
WINDFALL MILLIONS: Govt quiet on future of free credits
28 Apr 2016
The Government is being cagey over whether it will cancel millions of dollars worth of carbon units heavy emitters might be sitting on after using international carbon credits of dubious quality to meet their emissions liabilities.
What we must change to get emissions under control
26 Apr 2016
A cross-party forum on climate change, efficient agriculture, and using revenue from auctioned carbon credits to stimulate innovation are some of the measures necessary for New Zealand to get to net-zero emissions, according to a paper to be released later today.
Bennett stays on course for higher carbon price
26 Apr 2016
Climate Change Minister Paula has again said that carbon prices need to be higher.
ETS ADVICE: Supply more important than price
21 Apr 2016
Any carbon market controls in New Zealand’s Emissions Trading Scheme should be based on supply, not price, says an international business organisation promoting markets to reduce climate change.
Dodgy units aside, we could make money from ETS credits
20 Apr 2016
Accusations that almost all the international units brought into the Emissions Trading Scheme are fraudulent are an exaggeration, says an expert who believes that the scheme could generate a nice international export in carbon credits.
YES WE CAN! Business leaders to make blueprint for our low-carbon future
20 Apr 2016
Some of the country’s largest businesses, lobby groups and organisations will meet in Wellington next month to draw up a blueprint for making New Zealand into a low-carbon economy.
Business backs stronger line on climate
20 Apr 2016
Business leaders say they hope this week’s signing of the Paris Agreement on climate change by New Zealand signals a stronger line on climate change action – with New Zealand reaching net-zero emissions not long after 2050.
WAKE UP! The nation must start taking action
19 Apr 2016
By editor ADELIA HALLETT | A climate change report released today by worried scientists should shake all New Zealanders, from the prime minister down, to their core.
NZ international credits dealing is fraud, says report
18 Apr 2016
New Zealand’s determination to use carried-over international carbon credits to meet its 2020 emissions reduction target make it party to an international fraud, a new report says.
Why carbon price is key to forestry worth billions
15 Apr 2016
Carbon prices will need to hit $35 a tonne by 2017 or forest owners will quit the Emissions Trading Scheme, leaving New Zealand unable to meet its emissions reductions targets, an expert is warning.
Day of the industrials in next ERF auction
14 Apr 2016
Low-cost industrial projects are likely to out-bid many land-use projects in Australia’s next Emissions Reduction Fund auction, says analyst RepuTex.
Here’s a way to make carbon markets work better
11 Apr 2016
Carbon markets could play a crucial role in delivering promises made at the Paris climate conference.
Aussie offices race to go green
30 Mar 2016
More than three million square metres of Australia’s office space is officially green.
Emitters, you have until Thursday
29 Mar 2016
Emitters have until Thursday to file returns for last year.
Welcome aboard, iwi adviser tells Air New Zealand
18 Mar 2016
Air New Zealand should not be the only company looking to work with iwi to generate carbon offsets, a consultant says.
Carbon creeps up as minister talks ETS changes
17 Mar 2016
Carbon has gone to $11 on the back of Climate Change Minister Paula Bennett’s latest comments on carbon prices.
ETS needs a price floor, says environment watchdog
11 Mar 2016
The Emissions Trading Scheme price cap should stay – but it should be balanced by a price floor, says Environment Commissioner Jan Wright.
Give farmers a reason to join ETS, says academic
11 Mar 2016
Agriculture could do a lot to cut New Zealand’s greenhouse gas emissions if it had an incentive to, a forestry expert says.
New methane probe points finger at agriculture
11 Mar 2016
New research showing that agriculture, and not fossil fuels, is responsible for rising methane levels is especially important for New Zealand, says the lead researcher.
Customers want clean transport, says KiwiRail
10 Mar 2016
The Emissions Trading Scheme should be strengthened to help to shift freight on to more climate-friendly forms of transport, KiwiRail says.
ETS overhaul not enough, says climate academic
4 Mar 2016
The Government’s overhaul of the Emissions Trading Scheme won’t be enough to get New Zealand across the line on the Paris Agreement, a new report shows.
Investors warn NZ of carbon over-protectionism
2 Mar 2016
An organisation representing $1 trillion of investments is warning the New Zealand Government against the dangers of over-protectionism when it comes to carbon pricing.
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.
