Topics tagged with 'Carbon Credits'
Australia happy trading scheme is working
23 Nov 2012
The Australian experience since the July launch of its emissions trading scheme had proved positive, a senior diplomat has told corporate leaders meeting in Brussels.
EU climate chief demands action
16 Nov 2012
European Union member states must reach agreement before the end of the year on a stop-gap measure to tackle the virtual collapse of the bloc’s main instrument for cutting carbon emissions, a senior EU official says.
Carbon hovers above historic lows
9 Nov 2012
Very little changed in the European carbon market last night,OMFinancial reports.
Govt eyes better planting policies
2 Nov 2012
The Government is looking for new policies to encourage afforestation.
EU cans plans to limit ‘hot air’ credits
2 Nov 2012
EU environment ministers have abandoned plans to limit excess supply of Kyoto-era carbon credits on the world’s markets after seven eastern European states backed Poland’s opposition to the measure.
E-shopping works, says mail order firm
2 Nov 2012
A Nelson-based mail order success story is speaking out on e-shopping as a positive force for the environment.
Maori vow to fight for ETS rights
26 Oct 2012
Maori say they will continue to fight damaging changes to the Emissions Trading Scheme even if they are passed by Parliament.
ETS protesters bring out the chainsaws
26 Oct 2012
Youth organisation Generation Zero held a mock chainsaw massacre outside Parliament yesterday to protest about changes to the Emissions Trading Scheme going through the House.
Brussels wants to ban $500m in ERU credits
26 Oct 2012
The European Commission has proposed an Emissions Trading System ban on $US570 million of Kyoto-era carbon credits from non-EU countries such as Russia, which have not signed up to a second Kyoto commitment period.
Worried forest owners urge Key to act
28 Sep 2012
The heads of eight major forestry companies have asked the Prime Minister to intervene directly over the flow of cheap foreign carbon credits into New Zealand.
Government lying to us, says forester
28 Sep 2012
The Government is being accused of lying to New Zealanders over plans to encourage afforesation as a means of reducing greenhouse gas levels.
EDITORIAL: The problem called John Banks
28 Sep 2012
The Government may be weakening in its opposition to restricting the number of international carbon units allowed into New Zealand.
Prices stage a rally ... of sorts
28 Sep 2012
Despite carbon prices remaining at extreme low levels, the overall market has seen a rally of sorts, Westpac reports.
Trader warns of carbon unit avalanche
21 Sep 2012
Billions of cheap carbon units are bound for New Zealand – enough to meet the country’s carbon obligations for decades, Parliament has been warned.
Maori leaders want cheap credits blocked
21 Sep 2012
The influential Climate Change Iwi Leaders Group is pressuring the Government to cut the flow of cheap international carbon credits into New Zealand.
Put that in writing, minister, says council head
14 Sep 2012
Sustainability Council chief Simon Terry is challenging Climate Change Minister Tim Groser to deny in writing that New Zealand faces a carbon deficit.
Putin mulls over carbon trading
14 Sep 2012
Russian President Vladimir Putin could make an announcement on an internal carbon trading system by the end of the month, says the Moscow Times.
Australian units likely to sit at $15
14 Sep 2012
Australia’s carbon units are likely to trade at $A15, an international energy and environmental agency predicts.
Work goes on to link Tasman trading schemes
31 Aug 2012
Australia’s decision to link to the European Emissions Trading Scheme will not slow progress on linking to the New Zealand scheme, the Government says.
Coconut compound does the trick
31 Aug 2012
A New Zealand scientist has come up with a product that he hopes will allow farmers to earn carbon credits while cutting greenhouse gas emissions and boosting production.
Was that the sound of a slamming door?
31 Aug 2012
The announcement this week by Australia’s Climate Change Minister, Greg Combet, of an arrangement between Australia and the European Commission whereby the Australian Carbon Pricing Mechanism is to be linked to the EU ETS sounds like an announcement for carbon traders to celebrate Christmas early, says Carbon Market Solutions.
EXCLUSIVE: Carbon News readers can now get full climate report
24 Aug 2012
Subscribers to Carbon News now have access to the full report on research into New Zealanders' views on climate change.
We'll need years to get going, says forester
10 Aug 2012
Large-scale forest planting will not begin until several years after a substantial rise in carbon prices, a key industry player is warning.
A good word to use is languish ...
3 Aug 2012
Do we really want to know what is going on with the carbon markets in Europe and elsewhere, Carbon Market Solutions asks.
Down, down, down ... carbon hits new low
20 Jul 2012
Global carbon prices are at an all-time low and are expected to go lower.
ETS a Clayton's scheme, says forester
20 Jul 2012
New Zealand’s Emissions Trading Scheme is now a Clayton’s scheme, says the man who spent five years fighting for carbon credits for forest owners.
Papers show support for credits cut
13 Jul 2012
Most people making submissions on changes to the Emissions Trading Scheme supported Government plans to restrict the use of international carbon credits in New Zealand, Cabinet papers show.
Labour vows to protect carbon price
6 Jul 2012
Labour says it will push for measures to protect the domestic carbon price.
What about us, ask forest owners
6 Jul 2012
Forest owners say the Government appears to be unconcerned about the tide of European carbon credits flooding on to the New Zealand market.
Emitters choose to pay $2.5 million
6 Jul 2012
Some New Zealand emitters chose to pay the Government $25 per tonne of emissions rather than use cheap carbon credits to meet their obligations.
Carbon forestry in hibernation
6 Jul 2012
The announcement from Government on the review undertaken in 2011 on the Emissions Trading Scheme will provide a continuation of the status quo for the next two years, and reveals fundamentally good sense, given current economic conditions, but also dismisses perhaps a good opportunity to prove to the rest of the world that New Zealand Inc could have been enhanced upon a shift toward a low-carbon high-primary-production future, Carbon Market Solutions says.
Greens probe fossil-fuel subsidies
22 Jun 2012
The Government is being accused of undermining its own policy to cut fossil-fuel subsidies, by encouraging oil exploration and giving free carbon credits to internationally exposed emitters.
Gang behind carbon racket gets jail
22 Jun 2012
The gang behind a $60m scam in the European Union emissions market has been jailed for a total of 35 years by a judge in London.
Farmers eye new deal on cow gases
15 Jun 2012
Australian dairy producers could soon earn carbon credits through the Federal Government’s Carbon Farming Initiative by capturing and destroying harmful greenhouse gases released by cow manure.
Government on trail of cheap credits
8 Jun 2012
The Government is trying to find out just what impact an inflow of cheap international carbon credits is having on New Zealand’s balance of payments.
Arbitrage back on the table
8 Jun 2012
The Chinese cut rates by 25 basis points - and that’s not a good sign, OMFinancial reports
Scientist champions seagrass carbon sinks
25 May 2012
Seagrasses could be the oceans’ best-kept secret, and a multibillion-dollar marketplace, for mitigating global climate change, according to a new study.
Carbon low brings halt to forest planting
18 May 2012
Forest planting – crucial to New Zealand’s emissions-reduction plans – has all but stopped in the face of record-low carbon prices.
Deadlines loom for forest owners
4 May 2012
Time is running out for the owners of more than 250,000ha of post-1989 forest to claim carbon credits earned between 2008 and 2012.
Australia revises carbon offset scheme
4 May 2012
A revised National Carbon Offset Scheme has just been released, allowing Australian businesses to offset their products with pollution reduction under the Government's Carbon Farming Initiative.
Rio Tinto the worst, says Roger
27 Apr 2012
Bluff Aluminium Smelter owner Rio Tinto has won this year’s Roger Award for its behaviour over the Emissions Trading Scheme
Towns learn how landfill can make money
27 Apr 2012
The Australian Government has teamed up with the Australian Local Government Association to explain how landfill can be used to reduce pollution and earn carbon credits.
Perth company gets first carbon licence
20 Apr 2012
CO2 Group has become the Australia’s first carbon project developer to get a financial services licence that will allow the company to trade carbon credit units.
Why we must have an emissions target
13 Apr 2012
New Zealand will have to adopt an emissions target before it can introduce a cap-and-auction system.
Govt wants hold on international credits
11 Apr 2012
The Government intends restricting the number of international carbon credits New Zealand emitters can use to meet their obligations, it has been revealed today.
Some foresters might lose allocation
11 Apr 2012
The owners of pre-1990 forests might not get their next carbon credit allocation after all.
Uncertainty raises interest in NZUs
5 Apr 2012
Speculation about the future of international carbon credits in New Zealand is fuelling interest in local units.
Storm damage could cost foresters
9 Mar 2012
Taranaki forest owners could face hefty carbon liabilities in the wake of last weekend’s destructive storm.
Gas technology lines Aussie pockets
2 Mar 2012
Australian farmers are about to earn carbon credits on the back of New Zealand research.
‘Stop burning fossil fuels’ pleads scientist as extreme rain causes floods yet again
Fri 27 Mar 2026
Northland and Auckland have again been lashed by heavy rain, with hundreds of people evacuated last night because of extensive flooding in the Far North, and some areas hit by more than a month's average rainfall in just 24 hours.
Beef production drives 40% of agriculture-linked forest destruction, Brazil leads
Thu 26 Mar 2026
Beef production is the leading driver of agriculture-linked deforestation, accounting for 40% of all forest clearing done to open space for food production, according to details of a study released on Tuesday.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Signs of jet fuel hoarding emerge in Asia on Iran oil shock
Thu 26 Mar 2026
Signs are growing that Asian countries are hoarding jet fuel after the Iran war sent oil prices surging, reflecting growing strain on the aviation industry.
Wellington planting nears one million trees
Today 11:30am
By Shannon Morris-Williams | Greater Wellington’s parks restoration programme will hit one million native trees this year, with the first dams to rewet peat wetlands in Queen Elizabeth Park now completed after a years-long effort to bring these ecosystems – and their carbon sequestering superpowers – back to life.
Air NZ joins Marsden Point SAF project
3 Mar 2026
By Pattrick Smellie | Air New Zealand has quietly added its name to a consortium exploring the viability of green hydrogen production for sustainable aviation fuel at Channel Infrastructure’s Marsden Point energy hub.
France confirms oil crisis, says 30-40 percent of Gulf energy infrastructure destroyed
Today 11:30am
France's Finance Minister Roland Lescure revealed that between 30 and 40 per cent of Gulf refining capacity has been damaged or destroyed by Iran's retaliatory strikes, leaving a shortage of 11 million barrels a day on global oil markets. Lescure warned it could take up to three years to restore damaged facilities, and several months to restart those that were urgently shut down.
Carbon price: Ups and downs amid geopolitical uncertainty
Thu 26 Mar 2026
By Liz Kivi | After ups and downs in recent weeks, the carbon market again broke above the $40 mark this week, with questions around how the Middle East conflict will play out weighing on market confidence.
NSW to ban new coalmines in major shake-up for $23bn industry
23 Mar 2026
A major shake-up is on the way for one Australian state’s single biggest export, which powers homes here and abroad.
Hormuz crisis critical to New Zealand
10 Mar 2026
By Nathan Surendran | COMMENT: Why the Hormuz crisis is a symptom, not the disease – and what it means for New Zealand.
Sustainable retail-office project breaks ground under new Green Star framework
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 trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
Open letter: NZ needs an essential use allocation plan for fuel – now
Today 11:30am
Wise Response Society | We are writing to make one demand: the government must publish a quantified, ranked essential use allocation plan for fuel - with litres-per-day allocations, tied to actual onshore stock levels and realistic resupply assumptions.
Environmental groups call for ETS reform
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.
Tuvalu prioritises climate change in agreement with NZ
Fri 27 Mar 2026
By Liz Kivi | New Zealand has pledged an additional $20 million to climate resilience work in Tuvalu, more than doubling Aotearoa's aid to the tiny island nation in the current financial year.
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.
MfE forecasts suggest diminishing NZU stockpile
19 Mar 2026
By Clive Bradbury | ANALYSIS: The Ministry for the Environment has updated its NZ ETS forecasts of emissions, removals and entitlements from the Crown's financial forecasting, with predictions pointing to a significant drop in the ‘stockpile’ this year.
LNG sold as insurance, but modelling points to a bigger role
19 Mar 2026
New Zealand’s gas market is heading for a sharp contraction whether the country sticks with domestic supply alone or introduces liquefied natural gas imports.
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.”
Gaps in adaptation taxonomies hinder climate finance in Asia: report
5 Mar 2026
Without clearer criteria and metrics in adaptation taxonomies, Asia risks widening its climate financing gap, warns a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
Top scientist speaks out against Trump regime’s attack on premier research centre
23 Mar 2026
By Liz Kivi | Kevin Trenberth, one of the world’s leading climate scientists, now based in New Zealand, has told the Trump administration he is “appalled” at its attempt to break up the international research centre he has been associated with for nearly 50 years.
Five trees can’t offset a car: Lawyers accuse Mazda of greenwashing
9 Mar 2026
By Shannon Morris-Williams | Lawyers for Climate Action NZ is taking Mazda to the Advertising Standards Authority over its claims that a tree-planting programme will offset vehicle emissions.
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.
NZ prepares to join ‘gold rush’ for white hydrogen
Wed 25 Mar 2026
By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.
Media round-up
20 Mar 2026
In our round-up of climate coverage in local media: Crown lawyers agree High Court could quash emissions plan if found unlawful; NZ is locked in 'disaster inertia'; and climate change is notably absent from new development laws.
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.
Govt process to change climate plan ‘fundamentally flawed’, says judge
18 Mar 2026
By Pattrick Smellie | The government’s 2024 changes to New Zealand’s first Emissions Reduction Plan was “as fundamentally flawed a process as I think I have ever seen”, the judge presiding in a case challenging climate change decision-making has said.
Cleantech expo coming to Auckland
Thu 26 Mar 2026
New Zealand’s first national cleantech expo is set to bring together 30 innovators, in what organisers say is the country’s fastest growing area in the tech sector.
NZ First targets regional share of mining royalties
Today 11:30am
By Shannon Morris-Williams | New Zealand First has proposed returning 50% of mining royalties to regional communities, saying that too much of the value from resource extraction is currently flowing to Wellington.
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.
Worst in a generation: Environmentalists slam fisheries reform bill
Wed 25 Mar 2026
Media release: Greenpeace | The Fisheries Amendment Bill, which will likely have its first reading in parliament this week, is being labelled the worst fisheries policy in a generation by environmental groups who are calling for it to be rejected to protect ocean health.
Close questioning over ‘ministerial latitude’ at climate hearing
17 Mar 2026
By Pattrick Smellie | Lawyers challenging the legality of the government’s emissions reduction plans faced close questioning on the limits of ministerial foresight in the first of three days of hearings at the Wellington High Court yesterday.
Kiwis overly optimistic about state of environment
27 Feb 2026
By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.
‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics
24 Feb 2026
Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?
Cost of living dominates Kiwis’ concerns – but sustainability still shapes trust, choices and expectations of business
Today 11:30am
Media release: Sustainable Business Council | The cost of living continues to emerge as New Zealanders’ top concern - yet sustainability continues to play a decisive role in how people judge businesses, according to new research.
Activists occupy controversial gold drilling site
Wed 25 Mar 2026
By Max Frethey, Local Democracy Reporter | Opposition in Golden Bay to a controversial gold mine at Sams Creek has flared up over the weekend after several activists briefly occupied a drilling site.
China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom
25 Feb 2026
China’s grip on rare earths might finally see some competition, and the world is already taking notice.
Solar is Southeast Asia’s cheapest buffer against future shocks
Thu 26 Mar 2026
Southeast Asian countries’ planned expansion of gas power could increase the cost of generating electricity to $109 billion by 2030 based on future price projections — more than double the cost of generating the same amount of electricity with solar.
World-leading plasma torch takes aim at NZ's most potent greenhouse gases
Tue 24 Mar 2026
Media release | A high-tech plasma torch was lit up today as Minister of Conservation, Hon Tama Potaka, officially opened the $10 million National Refrigerant Destruction Facility – signalling a new era in addressing the environmental impact of New Zealand’s most potent greenhouse gases.
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.
Why the Iran war may have just killed the AI boom
Thu 26 Mar 2026
The $1.5 trillion in committed AI infrastructure spending by major tech companies is built on an assumption of a functional global supply chain, which the Iran conflict has fundamentally broken.
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.
Two Australian states offer free public transport as war pushes up fuel prices
Today 11:30am
Public transport in two Australian states will be made free to incentivise people not to drive as fuel prices soar due to the war in the Middle East.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
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.
Global coastal sea-level risks may be underestimated, say scientists
5 Mar 2026
By Shannon Morris-Williams | Coastal communities across the Pacific and Southeast Asia could be facing greater sea-level rise risks than previously estimated, researchers say.
AI tool predicts wildfire danger faster than current systems
Thu 26 Mar 2026
Media release | A wildfire forecasting system powered by artificial intelligence could help detect dangerous fire conditions earlier and reduce the cost of wildfire response, according to new research from Te Whare Wānanga o Waitaha | University of Canterbury.
Western Australian communities want mandatory payments from new renewable developments
6 Mar 2026
The West Australian government wants to make new wind and solar farms pay into community funds, but host towns say more work needs to be done to make sure the payments actually happen.
