Topics tagged with 'Carbon Credits'
CANCUN: What the scientists are saying
17 Dec 2010
Leading climate scientists from New Zealand, Australia and Britain say progress was made in Cancun - but not enough to prevent dangerous climate warming.
Second chance on wilding trees exemptions
17 Dec 2010
Landowners clearing wilding trees established before 1990 have a second chance to apply for an exemption to the deforestation rules under the Emissions Trading Scheme.
Western states eye US-wide carbon alliance
3 Dec 2010
California and New Mexico are considering developing a nationwide US carbon trading market by joining forces with states in the north-east.
Can we have a word, say kids at Cancun
3 Dec 2010
The Cancun climate change negotiations are being stormed by hundreds of young people calling for fair, ambitious and legally binding intergovernmental action on climate change - and our own New Zealand Youth Delegation is right in the midst of it.
Interest grows as CERs deal in NZ dollars
26 Nov 2010
New Zealand emitters can now buy CERs on the domestic market in New Zealand dollars, removing exchange-rate risk.
Smith and Groser lead NZ team to Cancun
26 Nov 2010
New Zealand’s representatives at the Cancun climate change talks head off this weekend.
Public begins to question free carbon credits
19 Nov 2010
Public support for free carbon credits to help trade-exposed businesses and farmers to adjust to a price on carbon is falling.
Farmers must come first, says Dairy group
19 Nov 2010
Farmers must be the point of obligation if agriculture does come into the Emissions Trading Scheme on schedule, the dairy industry group DairyNZ says.
Kenya ready to launch first carbon exchange
19 Nov 2010
Kenya is ready to introduce a climate exchange platform to facilitate the trading of carbon credits and help to tackle climate change.
EU works with China on carbon-trading pilot
12 Nov 2010
The European Union is working with China on arrangements for a pilot scheme on carbon trading in the world's biggest developing country.
Russia's carbon market finally starts to move
12 Nov 2010
After years of delay, Russia’s carbon trading market is finally starting to move.
CERs take on new appeal for NZ emitters
5 Nov 2010
CERs are emerging as a viable alternative to NZUs for New Zealand emitters.
NZ teams with Australia and Brazil for Cancun
5 Nov 2010
The forestry industries of New Zealand, Brazil and Australia will join forces at the Cancun international climate change negotiations next month to push the climate change-beating potential of plantation forestry.
Our prices too low for Aussie carbon pioneers
29 Oct 2010
Australians are gearing up to sell carbon credits from trees – but say they aren’t interested in the New Zealand market at the moment because prices here are too low.
Australian experts examine carbon farming
29 Oct 2010
A panel of experts has been appointed to examine ways Australian farmers and foresters can earn carbon credits.
Singapore welcomes big carbon traders
29 Oct 2010
Singapore's carbon market is growing and new firms are setting up shop on the back of increased interest in carbon trading in Asia.
EVENT: Carbon Forum Asia 2010 - on now in Singapore
29 Oct 2010
Of the 2414 CDM (Clean Development Mechanism) projects to date, 77.6 per cent or 1875 are registered in Asia, representing a total of more than 360 million CER (Carbon Emissions Reduction) units.
Sealord looks at ways to ease ETS costs
22 Oct 2010
Fishing giant Sealord is talking to its quota suppliers about how it can help to ease the financial impact of the Emissions Trading Scheme.
Carbon trade transparency key, says manager
22 Oct 2010
The carbon market needs to develop with predictable, transparent practices, says an electricity sector manager involved in buying forward carbon.
Manuka gets more muscle as a carbon crop
22 Oct 2010
Manuka has just become twice as attractive as a carbon crop.
UN okays pioneering Russian carbon project
22 Oct 2010
Russia has been given the green light for its first emissions reductions scheme to be verified under a new UN-backed carbon offset certification procedure.
Forest owners get positive ETS message from Government
19 Oct 2010
Land owners planting carbon forests say they have been assured that the Emissions Trading Scheme will survive when the Kyoto Protocol ends in 2012.
First pre-1990 forest credits due ... millions to follow
15 Oct 2010
The first of millions of free carbon credits being given to the owners of pre-1990 forests have been allocated and will be issued any day.
Lawyers shoot down ETS secrecy clause
15 Oct 2010
The Official Information Act over-rides a confidentiality clause in the Emissions Trading Scheme legislation, according to MAF lawyers.
Wind power plays key role in Trade Me cuts
15 Oct 2010
Wind power and a few tonnes of gases given off by a city rubbish dump have allowed Trade Me to go carbon neutral.
Forest owners might get a carbon bonus
15 Oct 2010
Forest owners could be entitled to more carbon credits than they get now if the Government adopts a new system of working out carbon sequestration levels.
Miner vows customers will benefit from free credits
8 Oct 2010
Solid Energy says it will pass the benefits of its free carbon credits on to customers.
Free credits now in the hands of industrial emitters
1 Oct 2010
Free carbon credits have been issued to industrial users.
Time for free-credits industries to come and get it
1 Oct 2010
The steel, iron, aluminium and gelatine industries can now apply for free carbon credits.
Owners await NZU allocations
10 Sep 2010
Owners of pre-1990 forests have applied for NZUs, but so far none have reached the market.
Forest owners call for roadshow encore
10 Sep 2010
Government officials are considering taking their Emissions Trading Scheme roadshow on the road again – this time for the owners of post-1989 forests.
Pressure builds to change ETS obligation rule
3 Sep 2010
Some companies are buying carbon credits to offset the cost of carbon in fuel and energy as pressure builds to change the rules over who is responsible under the Emissions Trading Scheme for accounting for carbon.
We pay $11m too much, say major power users
3 Sep 2010
The Emissions Trading Scheme is costing large commercial electricity users $11 million a year more than it should, the Major Electricity Users Group claims.
Carbon traders setting up shop in Singapore
3 Sep 2010
More companies trading in carbon offsets and those financing emissions reduction projects are setting up shop in Singapore.
Iwi join Aussies in carbon forestry venture
27 Aug 2010
Six iwi have joined forces with an Australia carbon forestry farmer and are looking to mop up land in the Central North Island.
Govt might have to boost new plantings
20 Aug 2010
The Government should underwrite the growing of millions of forestry seedlings if it wants to meet its climate change planting goal.
Quota owners slow to hook carbon accounts
20 Aug 2010
Fewer than half of the owners of fishing quota have taken the crucial step of opening accounts on the New Zealand Emissions Unit Register.
The Carbon Traders 4: Richard Hayes, EITG
20 Aug 2010
Richard Hayes’ experience in technology and interest in environmental offsetting are combining to do good things.
What Nick Smith said to transtasman business leaders
13 Aug 2010
This week Climate Change Issues Minister Nick Smith spoke at the 6th annual Climate Change and Business Conference, being held in Sydney. This is what he said:
Tasman challenge: Cut emissions by 15 per cent
13 Aug 2010
Australia and New Zealand can cut their greenhouse gas emissions by at least 15 per cent by 2020 in economically beneficial ways, say business leaders at the 6th Australia-New Zealand Climate Change and Business Conference in Sydney.
Trade Me carbon sales slow to take off
6 Aug 2010
Trade Me might be cheap, but so far it’s not producing the goods for sellers of carbon credits.
Mighty River offers carbon deals to landowners
6 Aug 2010
Mighty River Power wants to do more deals with landowners for carbon credits.
Farm leader angers 'foreign-owned' foresters
30 Jul 2010
Federated Farmers have drawn the ire of foresters with a claim that “foreign-owned” forestry companies could destroy New Zealand’s rural economy by turning farmland into carbon forests.
Credits due for pre-1990 forests
30 Jul 2010
Owners of pre-1990 forests can start applying for carbon credits from Sunday.
The Carbon Traders 1: Nigel Brunel, OMFinancial
30 Jul 2010
Nigel Brunel is not a typical greenie. In fact until recently, he would probably have been insulted to be called one. But then he discovered carbon, and started thinking about how putting a price on greenhouse gases could really change the world.
Canadian researchers hope to green the web
30 Jul 2010
Canadian researchers hope to stem the global IT industry's rampant output of greenhouse gas emissions by perfecting a way to host the Internet's content purely on green power.
NZ energy firm finds Aussie scheme profitable
23 Jul 2010
A New Zealand company is making money out of Australian schemes to improve energy efficiency.
Carbon credits ready to roll for big emitters
16 Jul 2010
Carbon credits allocated to industrial emitters to help them to adjust to the Emissions Trading Scheme could start flowing on to the market in the middle of next month.
Big firms can now ask for free carbon allocations
9 Jul 2010
Applications for free carbon credits for trade-exposed heavy emitters are open at last – for some industries, at least.
Foresters test carbon sales through Trade Me
9 Jul 2010
Foresters are trying Trade Me as a platform to sell carbon.
Governments must vote in favour of moratorium on deep sea mining
Tue 29 Jul 2025
Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.
Does NZ need a national incentive scheme for wetlands?
Fri 25 Jul 2025
By Liz Kivi | An expert is calling for a national incentive programme to restore New Zealand’s wetlands and wants to stop schemes to drain these vital carbon-sequestering ecosystems.
NZ Post drops science-based climate target
8 Jul 2025
By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.
Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns
18 Jul 2025
Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.
Challenges persist in bid to mine the deep sea, even after boost from Trump
Tue 29 Jul 2025
After years of delay, the deep-sea mining plans of Canadian firm The Metals Company (TMC) now appear to be progressing as it pursues a controversial new path to securing a license to mine in international waters under U.S. jurisdiction.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
Trump administration moves to repeal scientific declaration on dangers of greenhouse gases
Today 10:45am
In one of its most significant reversals on climate policy to-date, the Trump administration on Tuesday proposed to repeal a 2009 scientific finding that human-caused climate change endangers human health and safety.
Bearish sentiment lingers for carbon market
11 Jul 2025
By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.
Multi-day protest continues at coal mine
Wed 30 Jul 2025
Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.
Is extending Huntly power station to 2035 in consumers’ best interest?
22 Jul 2025
By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?
Common low-grade clay strengthens low-carbon concrete
5 Jun 2025
Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
NZ voluntary carbon market’s sad state
14 Jul 2025
By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.
A modest geothermal strategy
Today 10:45am
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
Key orange roughy population on verge of collapse, govt considers closure
9 Jul 2025
Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.
2025 on track to be second or third warmest year on record
Today 10:45am
As it passes its midway point, 2025 is on track to be the second or third warmest year on record. However, it is very unlikely to beat 2024 as the hottest year.
Latest trawl bycatch numbers 'a grim wake-up call'
24 Jun 2025
Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.
Wilding pines threaten Molesworth Station
Mon 28 Jul 2025
By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.
Last minute change to oil and gas legislation over cleanup costs
Today 10:45am
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.
Watts talks big on energy reform, but barriers persist
29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
European Central Bank to consider 'climate factor' when lending to banks
Today 10:45am
The European Central Bank will add climate change considerations to its lending operations from late 2026, raising pressure on banks to channel financing towards greener sectors as the euro zone seeks to reduce its carbon footprint.
NZ part of hidden global deep-sea network beneath the waves
Fri 25 Jul 2025
Media release - Earth Sciences New Zealand | A world-first study of marine life, including sea creatures found in New Zealand's dark, cold, pressurised ocean depths, has revealed that deep-sea life is surprisingly more connected than previously thought.
‘Ideological sludge’: How NZ is quiet quitting climate action
17 Jul 2025
New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
Hiringa eyes green methanol plant near Whanganui
Tue 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.
Climate catastrophes are creating a ‘new market reality’ for insurance carriers
23 Jul 2025
Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.
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.
The ICJ’s ruling means Australia and other major polluters face a new era of climate reparations
Fri 25 Jul 2025
By Harj Narulla | OPINION: Australia has found itself on the wrong side of history.
Fund for low emissions transport winds up
Today 10:45am
New Zealand’s Low Emission Transport Fund has officially wrapped up, ending a nine-year programme that put hundreds of millions of dollars towards accelerating the country’s shift to cleaner transport.
Urgent action needed to get on track for climate goals - commission
Fri 25 Jul 2025
By Shannon Morris-Williams | New Zealand is making progress on reducing greenhouse gas emissions, but more work is needed – urgently – to set up for future reductions, according to the latest report from the Climate Change Commission.
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.
Toxic algae are turning South Australia’s coral reefs into underwater graveyards
Tue 29 Jul 2025
Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline.
NZ govt’s fossil fuel plans could break international law
24 Jul 2025
By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.
Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’
11 Jul 2025
In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.
‘Total infiltration’: How plastics industry swamped vital global treaty talks
Mon 28 Jul 2025
Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet.
Media round-up
Fri 25 Jul 2025
In our round-up of the climate coverage in local media: Dairy conversions surge; Gore is hit with a drinking water crisis; meanwhile farming lobby groups Groundswell and Federated Farmers are up in arms about a plan to classify environmental impacts in the agriculture and forestry sector.
The EU’s ‘fantasy’ $750B energy promise to Trump
Today 10:45am
The EU has narrowly avoided a full-blown trade war with Donald Trump by pledging to buy $750 billion of U.S. oil and gas by the end of his term. But achieving that will be almost impossible.
Activists sue US development bank over $4.6bn loan to massive Mozambique gas project
18 Jul 2025
Environmental groups claim loan is ‘unlawful’ in legal filing.
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.
Tilting at windmills? Trump’s claims about turbines fact-checked
Today 10:45am
The US president has taken a swipe at wind power as the blades visible from his Turnberry golf course turn.
Ocean heatwaves may signal climate tipping point
Fri 25 Jul 2025
A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.
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’.
Can robot taxis solve NZ's transport woes?
23 Jul 2025
By Shannon Morris-Williams | The Ministry of Transport has tested the idea of driverless taxis as a futuristic fix. But while new modelling explores how "robotaxis" could ease congestion and reduce car ownership, critics say it misses a crucial point – the country’s worsening transport emissions.
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
EV sales fall, but it’s complicated
Tue 29 Jul 2025
Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
The struggle for control of the Arctic is accelerating - and it's riskier than ever
11 Jul 2025
As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.
UN University report warns against carbon credits from REDD, tree planting, and improved forest management
13 Jun 2025
But the report stops short of recommending banning the trade in carbon temporarily stored in trees.
For the first time, China invests more in wind and solar than coal overseas
29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
