Topics tagged with 'Carbon Credits'
ETS delay comes at a cost, warn foresters
9 Apr 2010
Delaying the emissions trading scheme would cost the country more in the long run, say forest owners.
Air NZ looks at using CAP to cover emissions
9 Apr 2010
Air New Zealand is considering using the government CAP to account for its greenhouse gas emissions.
... meanwhile, the clock is ticking for big emitters
1 Apr 2010
Heavy industrial emitters of greenhouse gases have got a month to apply for free carbon credits from the Government.
Govt betrayed us, say angry fishermen
1 Apr 2010
Commercial fishermen facing big rises in their fuel bills from the emissions trading scheme say they have been betrayed by the National government that has taken millions of dollars worth of compensation off them and given it to quota holders.
Coal users count the cost - but how much?
26 Mar 2010
Coal users are about to find out just how much carbon could cost them.
Why Gull is happy to use NZ emissions scheme
26 Mar 2010
Gull Energy says the New Zealand emissions trading scheme is a good dry run for what might happen in Australia.
Carbon market a no-no, says Democrat
26 Mar 2010
A group of United States senators trying to revive stalled climate-change legislation should abandon a European-style carbon market to win more support, Senator Maria Cantwell, a Washington Democrat, said yesterday.
Insurer backs off forest-damage protection
19 Mar 2010
Insurer NZI has put on hold plans to offer forest owners protection against accidental carbon loss while it waits for the carbon market to bed in.
In 10 years, we'll be flying on flax and food scraps
19 Mar 2010
Within 10 years, passenger planes will be flying on jet fuel largely made from flax, marsh grass, and food waste as airlines seek to break away from the oil market and do their part to fight climate change, aviation experts say.
EXCLUSIVE: Why it's not worth planting trees
12 Mar 2010
A consultant is calling on the Government to underwrite the risk of accidental harvest of trees and to guarantee forest owners a minimum price for carbon under the emissions trading scheme.
Foresters begin to see wood for the trees
5 Mar 2010
Forest owners hope that they will soon have clarity around the way in which carbon credits will be allocated for pre-1990 forests.
Beehive still working through carbon free list
5 Mar 2010
The Government is still working out just which industrial activities will qualify for free carbon credits under the emissions trading scheme.
Others dither, but NZ certain about ETS
26 Feb 2010
The Government says it is committed to pressing ahead with the emissions trading scheme, despite uncertainty over whether two of our major trading partners will adopt cap-and-trade schemes.
Have your say on forest credits allocations
26 Feb 2010
Submissions open today on the way in which carbon credits will be allocated for pre-1990 forests.
Trader finds ready market for bundled carbon credits
19 Feb 2010
Aggregated carbon credits from permanent New Zealand forests are finding markets overseas, says a Christchurch company.
Key carbon credits submissions close today
12 Feb 2010
Submissions on the way in which free carbon credits will be shared out close today.
Carbon changes face of forest economics, says scientist
12 Feb 2010
Factoring carbon into forest finances dramatically alters economic viability, according to research by one of the founders of the emissions trading scheme.
Personal carbon credit deal earns couple $17
12 Feb 2010
A Pennsylvania couple who invested $58,000 in solar panels have earned the world's first carbon credit for reducing personal emissions … and are $17.20 better off.
March 4-5: Carbon and biofuels key to future forest finance
12 Feb 2010
Financing future forestry growth is the focus for a new forestry conference on in Auckland next month.
City forester trebles profits with sale of credits
5 Feb 2010
A forestry company has sold Kyoto carbon credits for three times the amount of its 2009 profit.
Mighty River wants more after Maori carbon deal
5 Feb 2010
Mighty River Power is looking for carbon deals with more land owners after signing an historic agreement with a Maori incorporation.
Aussie hotel wins carboNZero certification
5 Feb 2010
Australia's first conservation-based luxury resort, Wolgan Valley Resort & Spa, is the first hotel in the world to achieve carbon neutral certification from an internationally accredited greenhouse gas certification scheme.
No submissions as allocations deadline looms
29 Jan 2010
No submissions have been made on the crucial regulations governing the allocation of free carbon credits to trade-exposed industries.
Credit-rich foresters out looking for buyers
22 Jan 2010
Forest owners are moving to sell last year’s carbon credits as NZUs start to flow into owners’ accounts.
Europe emerges as main buyer of NZ carbon credits
22 Jan 2010
New Zealand sold more than 1.5 million Kyoto carbon credits offshore last year, and bought just over 400,000 from other countries.
Treasury gave thumbs down to ETS intensity-based scheme
18 Dec 2009
Treasury told the Government not to adopt an intensity-based scheme for the allocation of free carbon credits to heavy emitters.
UN suspends approval of China wind farms
4 Dec 2009
The UN body that oversees carbon credit trading has suspended approval of some Chinese wind farms amid questions about how Beijing obtains money through the system.
ETS: Forest owners say deal is unjust
27 Nov 2009
Forest owners say pre-1990 forests are likely to be worth next to nothing because of the ETS. Owners have been landed with the massive liabilities of being part of the scheme, but cant earn carbon credits.
Maori win ETS voice ... and trip to Copenhagen
23 Nov 2009
The Government has done a deal with the Maori Party over the emissions trading scheme that will see iwi consulted over the rules for the allocation of free carbon credits in agriculture and fishing, and taking a seat at the Copenhagen climate change talks.
Maori Party: Deal to benefit all
23 Nov 2009
New Zealand's role in global warming and its financial commitments are set to be lowered as a result of the afforestation provision the Maori Party has negotiated with the Government.
Oops! Treasury sums wrong by $50 billion
16 Nov 2009
Treasury underestimated by $50 billion the cost of proposed changes to the way in which the government hands out free carbon credits.
Dejected dairy giant plans next ETS move
16 Nov 2009
Dairy giant Fonterra is considering its next move after a parliamentary select committee failed to prevent measures that will exclude the co-operative’s processing from receiving free carbon credits.
Aussie agriculture backflip could be first of many
16 Nov 2009
The Australian government’s sudden backflip on agriculture yesterday could lead to even more concessions being made to try to get the country’s proposed emissions trading scheme through the Senate in the next couple of weeks.
Error sends cost of ETS changes skyrocketing
13 Nov 2009
The cost of changes to the emissions trading scheme might be up to three times as high as the Government has said.
Divided Maori Party likely to toe the line on ETS
13 Nov 2009
The Maori Party is deeply divided over changes to the emissions trading scheme – but is unlikely to split its vote on the issue.
Treasury says it hasn't got Kyoto accounts wrong
13 Nov 2009
Treasury is disputing a claim that it has failed to include liabilities for future forestry harvesting in New Zealand’s Kyoto accounts.
Carbon price must at least double, warns watchdog
13 Nov 2009
The International Energy Agency has warned that the price of carbon credits will have to more than double from the levels they now trade at in Europe to make high-tech solutions to climate change economically attractive.
Bio-fuel levy the last straw for forest owners
13 Nov 2009
A government decision to make big companies pay for some of their greenhouse gas emissions when using wood pellets and other biofuels is seen as the last straw by many in the forest industry.
Farmers might move offshore, warns Fonterra
6 Nov 2009
Fonterra is being cut out of free carbon credits under the Government's amended emissions trading scheme - and is warning the move could drive farmers offshore.
Campaigners call carbon markets corrupt
6 Nov 2009
The world's carbon trading markets’ growing complexity threatens another "sub-prime" style financial crisis that could again destabilise the global economy, campaigners have warned.
Europe faces oversupply of carbon credits
30 Oct 2009
A vast supply of pollution credits from abroad is threatening to overwhelm systems for capping and trading greenhouse gases, a senior European Union official has warned.
Sydney drags chain in Asian carbon-hub race
30 Oct 2009
Sydney might be the loser as Hong Kong, Beijing and Singapore gear up to be the Asian hub of carbon trading.
Hide hacks at ETS policy management – tied bill voting more likely
23 Oct 2009
Act party leader Rodney Hide says the process of establishing the ETS is “shot through with lobbying, unprincipled deal-making and divergent treatment of different economic activities”.
Farming opportunites huge, says recruiter
23 Oct 2009
Carbon reduction and carbon trading hold huge potential for farmers – if they can get beyond the rhetoric and see the opportunities, says an Australian consulting firm looking for staff in New Zealand.
Tourism could be climate victim, UN warns
23 Oct 2009
Rising sea levels could inundate coastal holiday spots while melting snow caps could spell an end to ski resorts, the UN World Tourism Organisation has warned.
Fishing carbon quota plan splits industry
16 Oct 2009
Government plans to give some $17 million worth of free carbon credits to quota holders, instead of to the owners of fishing boats as originally planned, has divided the fishing industry.
Oceans vital in climate change fight, says report
16 Oct 2009
Preventing the destruction of marine life, from plankton to seagrasses and mangrove forests, could help to offset between 3 per cent to 7 per cent of current fossil fuel emissions, a UN environment report says.
Airlines confident of reaching emission goals
16 Oct 2009
The airline industry will reach some ambitious emissions reductions goals, despite severe financial setbacks faced by airlines across the globe, says International Air Transport Association chief Giovanni Bisignani.
Smelter might suffer under Aussie rules
9 Oct 2009
New Zealand operations powered by renewable energy - like the Rio Tinto aluminium smelter at Bluff - could be disadvantaged by plans to calculate average emissions levels with Australia under a new intensity-based scheme.
G8 countries could face class actions on climate change
9 Oct 2009
The US and other G8 countries could face class actions on behalf of people in the developing world if they fail to take convincing steps to cut the emissions blamed for causing climate change, a lawyer has warned.
Carbon markets risk penalising Indigenous stewardship, researchers warn
Thu 5 Mar 2026
Carbon markets designed to reward environmental restoration may be unintentionally disadvantaging Indigenous communities who have long protected intact ecosystems, according to new research.
Grasslands and wetlands are being gobbled up by agriculture, mostly livestock
Wed 4 Mar 2026
A new study takes a first-of-its kind look at how farming converts non-forested areas and major carbon sinks into cropland and pasture.
Auckland Airport switches on giant heat pump system to cut gas use
Fri 6 Mar 2026
By Shannon Morris-Williams | While Auckland Airport’s switch from gas to heat pumps is welcome, the emissions savings are dwarfed by ongoing aircraft emissions, which are set to rise, according to a sustainable transport expert.
Air NZ joins Marsden Point SAF project
Tue 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.
Half of nations meet UN deadline for nature-loss reporting
Wed 4 Mar 2026
Half of nations have met a UN deadline to report on how they are tackling nature loss within their borders, Carbon Brief analysis shows. This includes 11 of the 17 “megadiverse nations”, countries that account for 70% of Earth’s biodiversity.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
China sets cautious climate target as carbon deadline looms
Fri 6 Mar 2026
China, the world’s top polluter, set a cautious new climate target for the rest of the decade, frustrating hopes for tighter policy that would accelerate the nation’s work to curb emissions.
Bidders no-show at carbon auction – again
Tue 3 Mar 2026
By Liz Kivi | As predicted, today’s carbon auction yet again failed to attract any bidders, with NZUs currently trading hands on the secondary market at a 35% discount on this year’s auction floor price.
3,600 times faster: China is shaking up the steel industry
25 Feb 2026
For over a century, making steel meant coal, heat, and hours of waiting. A Chinese research team now reports collapsing that process into just three to six seconds; no coal, near zero emissions, and a vortex lance already moving toward commercial production. The technology is called flash ironmaking, and in February 2026, its implications are still unfolding.
LNG: a rational choice compared to unpalatable alternatives
10 Feb 2026
By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.
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.
Unusual scarcity drives early 2026 NZU rally
Thu 5 Mar 2026
By Pattrick Smellie | The New Zealand carbon price has recovered since its late 2025 collapse, although the rally is driven by scarcity rather than confidence in market settings.
Rule changes could reshape corporate emissions strategies
Fri 6 Mar 2026
By Shannon Morris-Williams | New Zealand organisations may need to rethink how they manage and report electricity-related emissions as proposed global accounting changes take shape, according to a new report.
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.
Global coastal sea-level risks may be underestimated, say scientists
Thu 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.
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.
The 15 foods destroying rainforests, in one simple chart
25 Feb 2026
It’s pretty much impossible to live a life free of environmental harm. But there is one thing you could do immediately that would help the planet a heck of a lot: eat less beef.
A gas shock – not an oil shock – from the Iran war looks more threatening
Wed 4 Mar 2026
Europe and Asia will take an economic hit if the supply of Qatari LNG is halted by the closure of the strait of Hormuz.
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
Thu 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).
Surviving on Trump's dangerous planet
Mon 2 Mar 2026
COMMENT: Yet another war, and yet another argument for an end to oil.
Claims that AI can help fix climate dismissed as greenwashing
18 Feb 2026
Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.
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.
Media round-up
13 Feb 2026
In our round-up of climate coverage in local media: Senior UK ministers have asked their New Zealand counterparts to explain new climate policies, National’s LNG blunders are a warning ahead of election campaign, and what are the lessons New Zealand should take from another summer of weather disasters?
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
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.
EDS puts environmental lawmaking under the spotlight
26 Feb 2026
Media Release |The Environmental Defence Society has launched the first in a series of investigative pieces into how environmental laws are being made in Aotearoa New Zealand.
Climate 'dream team' launches foundation targeting 100 million tonnes in emissions cuts
25 Feb 2026
By Shannon Morris-Williams | The New Zealand Climate Foundation, which has the ambitious aim of cutting 100 million tonnes of greenhouse gas emissions by 2035, had its official launch on Monday.
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.
Carbon auction set to be another non-event
Mon 2 Mar 2026
By Liz Kivi | Tomorrow’s Emissions Trading Scheme auction – the first for 2026 – is set to be a non-event, with secondary market prices more than $25 below this year’s $71 auction floor price.
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.
Tiny, lost and constipated: what a baby turtle told Australian scientists about warming seas
Fri 6 Mar 2026
The arrival of loggerheads in New South Wales shows these ‘sentinels of climate change’ are being forced into unknown territory.
The world’s largest climate finance deal was built to flounder: why funding fails to reach the front‑line
Fri 6 Mar 2026
Adopted in December 2015, the Paris Agreement commits countries to keeping global temperature rise below 2°C above pre-industrial levels.
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?
Should we tax the rich to pay for climate costs? Poll says yes
Fri 6 Mar 2026
By Shannon Morris-Williams | New polling has found most New Zealanders support higher taxes on the ultra-rich to help fund public goods such as healthcare, housing and climate action.
Families will pay more without clean car standard
Fri 6 Mar 2026
Media release | The Green Party says scrapping the Clean Car Standard will mean New Zealanders end up paying more to run their cars.
Media round-up
20 Feb 2026
In our round-up of climate coverage in local media: 'Every tonne matters': The climate scientist who wants to give you hope; Minister says managed retreat is an option; and climate change is here – is New Zealand ready?
Brazil and India agree to boost cooperation on rare earths
24 Feb 2026
Brazil and India sealed a deal Saturday on critical minerals and rare earths, enhancing cooperation on crucial resources between two major countries of the global south as they seek to diversify their trading relationships.
PPA template aims to cut transaction costs and accelerate renewable investment
Fri 6 Mar 2026
Media release – DLA Piper | An energy industry initiative led by BusinessNZ Energy Council, Zeale (formerly EVA Marketplace) and DLA Piper has released New Zealand’s first publicly available, standardised template for corporate power purchase agreements (PPAs), designed to reduce transaction costs and unlock more financing to accelerate renewable energy projects.
High-tech flights tackle climate modelling dilemma
Mon 2 Mar 2026
Media release – University of Canterbury | An ongoing challenge in global climate modelling is being addressed by HALO-South a German-Christchurch collaboration.
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.
NZ-UAE partnership boosts advanced tech
9 Feb 2026
Media release | A new Antarctic science partnership with a leading UAE university will grow New Zealand’s advanced engineering and modelling capability, supporting high-value jobs, encouraging economic growth, and enabling smarter climate risk management, Science, Innovation and Technology Minister Dr Shane Reti says.
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.
Solar-powered truck charging gains ground on South Africa’s freight corridors
Wed 4 Mar 2026
Africa’s freight corridors, long dominated by diesel trucks and constrained by unreliable power grids, are emerging as a new frontier in the global shift toward clean logistics, with solar-powered charging hubs designed specifically for heavy-duty electric trucks.
World leaders invited to see Pacific climate destruction before COP31
Tue 3 Mar 2026
The leaders and climate ministers of governments around the world will be invited to meetings on the Pacific islands of Fiji, Palau and Tuvalu in the months leading up to the COP31 climate summit in November.
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.
Empty emergency reserve forces $6.1m flood repair loan
Mon 2 Mar 2026
By Kira Carrington, Local Democracy Reporter | A depleted emergency fund has forced Marlborough to borrow $6.1 million to repair damage from last year's floods.
Study finds warming world increases days when weather is prone to fires around the globe
20 Feb 2026
The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a new study shows.
Western Australian communities want mandatory payments from new renewable developments
Fri 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.
