Topics tagged with 'Carbon Credits'
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.
Credits market growing, says carbon pioneer
9 Jul 2010
The man who was largely responsible for owners of post-1989 forests getting ownership of their Kyoto carbon credits says the market is building.
Climate bill would save US billions, Congress hears
9 Jul 2010
Congressional sponsors of the stalled US climate change bill received a boost this week from a finding by a nonpartisan office that the measure would reduce the federal deficit by $19 billion during the next decade.
Businesses could carve $2b off energy bills
2 Jul 2010
New Zealand businesses could shave $2 billion off the country’s $16 billion annual energy bill – and cut the country’s Kyoto bill - by adopting some simple, relatively inexpensive measures.
NZ carbon market catching buyers' attention
2 Jul 2010
New Zealand’s domestic carbon market is hotting up.
ETS free credits wrong, says watchdog
2 Jul 2010
Parliamentary Commissioner for the Environment Jan Wright is continuing her opposition to big-emitting companies being given free carbon credits by the taxpayer.
Bank puts its money where its lightbulbs are
2 Jul 2010
Deutsche Bank and Ecuador have entered into a pioneering transaction to finance household energy efficiency through the carbon market.
Compost makers put case for carbon credits
18 Jun 2010
Compost operators want credits for the greenhouse gases they prevent entering the atmosphere.
Bank carbon desk: We're run off our feet
18 Jun 2010
Westpac says it’s trading “significant” volumes of carbon on the New Zealand market.
Danes at centre of European tax fraud
18 Jun 2010
A tax scandal rocking the global carbon markets is emanating from Copenhagen, the city that six months ago hosted the world's largest climate summit.
Carbon forestry can work, say tree growers
11 Jun 2010
Carbon forestry is a viable option for land owners looking to offset farm emissions and for new income streams, say forest owners.
Zero carbon low on green goals for Asian firms
11 Jun 2010
Zero carbon footprint targets are "unusual" and have their challenges, according to a consultant who points out that green goals are for now still secondary to attaining growth in Asia, particularly China.
New trading platform promises to shake up voluntary carbon market
11 Jun 2010
A new trading platform is promising to shake up the voluntary carbon market by allowing companies of all sizes to carbon offset in a fast, transparent and efficient online exchange.
US climate bill key to Pacific carbon market
4 Jun 2010
A former New Zealand Government official who chaired some of the meetings at the Copenhagen climate change talks says that a move by the United States into a cap-and-trade scheme could lead to a Pacific-wide carbon market.
Clued-up investors move on forestry blocks
4 Jun 2010
Investors are moving to buy forestry blocks as interest in farming carbon grows.
MAF issues several new ETS guides for forestry and agriculture
4 Jun 2010
MAF has produced several new guides relating to the ETS and forestry and agriculture.
FORUM: Federated Farmers on the ETS and more ...
4 Jun 2010
You can't implement a problem, only a solution, says Conor English, Federated Farmers' chief executive:
US airlines challenge EU emissions rules
4 Jun 2010
American airlines have begun legal action to try to exempt themselves from a European carbon emissions trading scheme due to come into force in 2012.
Power companies explain ETS price rises
28 May 2010
At least one of the power companies implementing price rises on the back of the Emissions Trading Scheme is basing its calculations on the maximum carbon price.
Europe sees ‘green bond’ reviving carbon trade
28 May 2010
European regulators and businesses are trying to revive carbon trading through the use of a supplemental “green bond” system that would function alongside the current cap-and-trade scheme, according to a report in the New York Times.
BUDGET 2010: Billion set aside to kickstart ETS
21 May 2010
The Government is putting its money where its mouth is with the emissions trading scheme, setting aside nearly a billion dollars for the cost of implementing it this year.
Fonterra vows to fight on for free credits share
21 May 2010
Fonterra is continuing its battle for a share of the free carbon credits available to trade-exposed heavy emitters.
Ministry pushes to meet allocations deadline
21 May 2010
The Ministry for the Environment says it is making “all reasonable endeavours” to provide businesses with some certainty over who will get free carbon credits before emitters start entering the scheme on July 1.
Japan talks joint carbon trading with Korea
21 May 2010
Japan will hold talks with South Korea to discuss setting up a joint emissions-trading mechanism.
Minister's credit allocation powers remain on hold
14 May 2010
The Government says it has not considered using ministerial discretion on the allocation of free carbon credits to big emitters of greenhouse gases.
Ministry clears up status of carbon brokers
14 May 2010
It’s a case of buyer – or, in this case, seller – beware.
How Tokyo became first cap-and-trade city
14 May 2010
Seeking to shrink its Portugal-sized carbon footprint, Tokyo has become the first cap-and-trade city.
Philippines bank to sell carbon credits
14 May 2010
The Development Bank of the Philippines has agreed to sell carbon credits to a Singapore-based carbon emissions trading company, becoming the second Philippines bank to take advantage of a recovering carbon market.
Forest owner pockets second round of millions
7 May 2010
A New Zealand forest owner has once again netted itself millions of dollars from the sale of New Zealand forestry Kyoto credits.
Westpac move signals carbon is growing up
7 May 2010
Westpac has entered the New Zealand carbon market in a move being welcomed as a sign that carbon is becoming mainstream.
Carbon market wide open to doubtful deals
30 Apr 2010
The Government might be moving to clean up the regulations around the financial markets, but investors in the emerging carbon market lack the same protections.
We'd sue Government, say forest owners
30 Apr 2010
The Government would face big compensation claims from forest owners if it scrapped or delayed the emissions trading scheme.
EU launches new carbon trading crackdown
23 Apr 2010
The EU has launched the latest phase of its clampdown on fraud in the carbon market by banning any trade in "recycled" carbon credits.
Support for ETS slumps further, says business lobby
23 Apr 2010
Business support for the Emissions Trading Scheme, due to start for emitters on July 1, appears to have slumped, says the Employers and Manufacturers Association (Northern).
Why farming chief is turning his back on $30,000
16 Apr 2010
Federated Farmers boss Don Nicolson says he’s not interested in claiming carbon credits for his forest.
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.
Government needs to 'sort out' flood damage exclusion from natural hazard insurance
Today 10:45am
By Oli Lewis | Natural hazard insurance should be extended to cover household damage caused by flooding, a geotechnical and natural hazard specialist says.
Govt opens first ETS forestry permit ballot
Mon 22 Jun 2026
Applications have opened for the first ballot under new ETS forestry rules, with up to 7,500 hectares of exotic forestry on marginal land on offer for landowners to register in the Emissions Trading Scheme in the first of two annual rounds, totalling up to 15,000ha a year.
$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.
Airline CEOs warn EU plan to expand carbon costs will raise fares
10 Jun 2026
Europe's biggest airlines have urged the European Union not to extend its Emissions Trading System to cover international flights, warning the move would raise ticket prices, a letter seen by Reuters showed.
Green Party pledges to protect public conservation land
Today 10:45am
The Green Party is promising to scrap the Government's current conservation reforms and start again with a process focused on protecting conservation land and wildlife for future generations, if elected.
'Stored solar': Bioenergy Association touts cost benefits of biomass boilers over gas
Wed 24 Jun 2026
By Oli Lewis | Businesses across New Zealand are warming to bioenergy, but advocates believe woody biomass could play a far greater role as a replacement for more expensive natural gas and electric heat options.
France records hottest day ever as 40 people drown across country
Today 10:45am
France has registered its hottest day on record as 40 people across the country were confirmed to have drowned while swimming in unsupervised areas over the last few days.
Carbon auction failures show ETS working, Watts says
Tue 23 Jun 2026
Failed government carbon auctions show the emissions trading scheme is working as intended rather than broken, Climate Change Minister Simon Watts says.
China's coal power on the rise again in 2026, reversing first-in-a-decade decline
Today 10:45am
China's coal-fired power generation is set to rebound this year from its first fall in a decade, analysts said, due to the impact of El Nino and the Iran war and as renewable sources of energy have failed to keep pace with demand.
Looking behind the headline costs of offshore mitigation
18 Jun 2026
COMMENT: A closer look at Treasury’s analysis reveals assumptions that undervalue the case for using offshore mitigation as part of Aotearoa New Zealand’s global climate contribution, writes Catherine Leining.
Green building council calls for clean energy policies
18 May 2026
The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Forestry at heart of ETS problems – commissioner
Wed 24 Jun 2026
By Shannon Morris-Williams | Forestry is a central driver of growing problems within New Zealand's Emissions Trading Scheme, Parliamentary Commissioner for the Environment Simon Upton told the Environment Select Committee during Parliamentary Scrutiny Week.
National promises low-cost solar loans for households
Today 10:45am
By Oli Lewis | The National Party is promising a Home Energy Fund to accelerate the roll-out of household solar, batteries, insulation and other energy resilience measures if it is re-elected this year.
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.
We recreated the legendary heatwave summer of 1976 in today’s climate – here’s what we found
Today 10:45am
The summer of 1976 was an extraordinary heatwave for its time. With 15 consecutive days of temperatures over 32°C, it was an unprecedented length for a UK heatwave, coming at the end of a year-long drought.
High Court hearing highlights the 'shrinking pool' for fisheries research and science
Mon 22 Jun 2026
Media release: Environmental Law Initiative | At the close of a four-day High Court hearing challenging the government’s under-levying of the fishing industry, the Environmental Law Initiative (ELI) says more science, research and observer coverage is needed to protect marine wildlife and ecosystems from the impacts of fishing.
Burning forest ‘waste’ to make cement damages the climate
Wed 24 Jun 2026
The Australian government has agreed to invest almost $53 million in a north Tasmanian company that will upgrade its coal-fired kiln to burn wood “waste” and used tyres for cement manufacturing.
UN chief says fossil fuel industry must cut methane for warming “relief”
Today 10:45am
UN chief António Guterres called for stronger action to cut emissions of planet-heating methane, taking aim at the fossil fuel industry’s practices and profits, and pointing to coal, oil and gas as the root of today’s climate and energy crises.
Gas transition loan scheme nears launch as savings modelled
Tue 23 Jun 2026
By Oli Lewis | Commercial gas users could potentially save thousands of dollars a year by using Crown-backed loans to fund fuel-switching and energy efficiency projects, new modelling indicates.
Cabinet green-lights $55M super-critical geothermal drilling programme
9 Jun 2026
By Pattrick Smellie | Cabinet has agreed to release the $55 million unspent of the $60m secured by Resources Minister Shane Jones to drill up to 5 kilometres deep into super-critical geothermal heat under the Taupō volcanic zone.
NZ Taxonomy project scoops London Climate Week award
Wed 24 Jun 2026
The New Zealand Taxonomy project has scooped an innovation award at the International Climate Bonds awards in London this week.
Carbon capture and the need for ‘net zero oil’
16 Jun 2026
By Pattrick Smellie | The answer to making carbon capture and storage work is to make fossil fuel producers responsible for making it happen rather than consumers, says Oxford University climate change policy expert, Professor Myles Allen.
Govt climate claims don't match reality, lawyers say
17 Jun 2026
By Shannon Morris-Williams | Lawyers for Climate Action has accused the Government of presenting an overly positive picture of New Zealand's climate progress at the United Nations climate summit in Bonn, arguing key claims on emissions reductions and support for the Paris Agreement's 1.5°C goal are not reflected in domestic policy.
Importing LNG would raise costs and emissions: it’s a terrible decision for New Zealand
9 Jun 2026
COMMENT: Today’s announcement from the Government is political smoke and mirrors, with electricity users’ wallets still set to bear the brunt of the proposed LNG facility, writes Christina Hood.
Ballance secures gas for 2026 as it progresses energy transition plan
16 Jun 2026
By Oli Lewis | One of the largest industrial gas users in New Zealand is working on an energy transition plan to futureproof domestic fertiliser manufacturing, while continuing to secure ongoing gas supply contracts.
$75k up for grabs for climate resilience and inclusion projects
Today 10:45am
Community organisations and charities working to strengthen climate resilience and social inclusion can apply for a share of $75,000 through the QBE Foundation's 2026 Local Grants.
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.
Verra reinstates Kenya carbon project despite ongoing court case
Today 10:45am
The Northern Kenya Grassland Carbon project is “the world’s largest soil carbon removal project” according the organisation running the project. It is also one of the most controversial carbon projects anywhere in the world.
Canadian firm seeks Crown co-investment for Genesis-supported gas storage project
Fri 19 Jun 2026
By Oli Lewis | A proposed gas storage project supported by Genesis Energy has sought Crown co-investment through the $200 million Gas Security Fund.
Lessons from Australia: Climate Change Authority chair cites rapid roll-out of household solar, batteries
Fri 19 Jun 2026
By Oli Lewis | Australia is rapidly outpacing New Zealand when it comes to new household solar and battery systems, lowering electricity costs and driving down the carbon intensity of installed generation.
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
Climate change minister tight-lipped on ACT climate policy
16 Jun 2026
By Liz Kivi | Climate Change Minister Simon Watts is keeping his cards close to his chest about the ACT Party’s election campaign pledge last week that it would resubmit New Zealand’s Paris Agreement target.
US defence spending on critical minerals surges in the last decade
Mon 22 Jun 2026
Members of communities affected by some of these projects said that U.S. state backing has meant projects are being fast-tracked without the necessary social and environmental checks or meaningful consultation.
Scrutiny week reveals unresolved trade-offs
Wed 24 Jun 2026
Last week's select committee scrutiny hearings showed how far the Government's energy and environment agenda has moved from target-setting to implementation. They also showed how many unresolved trade-offs now sit beneath that shift.
Mombasa ocean summit drives progress on marine protection, but threats persist
Tue 23 Jun 2026
At the 11th Our Ocean conference in Kenya, its founder John Kerry says the ocean must become central to climate solutions and needs to be looked after.
Hipkins pans LNG plan as ‘massive step backwards’
19 May 2026
By Liz Kivi | Labour leader Chris Hipkins has told a Queenstown audience that a Government he leads would not proceed with a planned LNG import terminal, if elected at November’s election.
UN’s first Paris Agreement carbon credits face human rights and climate concerns
17 Jun 2026
Civil society groups allege the cookstove project in Myanmar exaggerated its climate impact while maintaining ties with military junta.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
Six NZ climate solutions up for 2026 Earthshot prize
21 May 2026
By Shannon Morris-Williams | Six New Zealand climate and sustainability initiatives have been nominated for the 2026 Earthshot Prize, with the shortlist showcasing Kiwi-led solutions tackling emissions, plastic waste and ocean restoration.
Energy resilience conference axed due to Ara Ake closure
Today 10:45am
By Shannon Morris-Williams | A national conference focused on energy affordability, resilience and hardship has been cancelled because of the Government's decision to end Crown funding for energy innovation centre Ara Ake.
Northern Thai residents march for action on polluted rivers. ‘This is an emergency’
9 Jun 2026
More than 600 residents of Chiang Mai and Chiang Rai provinces embarked May 31 on a roughly 68-kilometer, six-day ‘peace walk’ to demand the Thai government take action on the river pollution crisis that has seen Thai rivers polluted with heavy metals.
Why China's critical minerals strategy leaves the US behind
8 Jun 2026
The United States cannot realistically recreate that dominance overnight even if the political will existed.
Sustainable finance taxonomy for energy sector – consultation
8 Jun 2026
The Centre for Sustainable Finance is consulting on the sustainable finance taxonomy’s draft energy sector criteria.
Ukraine hopes renewables can Russia-proof power grid
Fri 19 Jun 2026
Quick to build and able to power a small city, the Oriv wind farm in western Ukraine is exactly the kind of project Kyiv hopes will backstop its power grid against routine Russian strikes.
‘Landmark’ conservation reform bill – boost or bust for nature?
8 May 2026
By Liz Kivi | The Government has announced an overhaul of the country’s conservation system, which environmental organisation Forest & Bird says will undo the work of many generations of Kiwis to protect public conservation land.
The merchants of doubt are coming for extreme event attribution science
18 Jun 2026
Andrew Dessler: Fossil-fuel companies are acutely aware that this research could land them in court. And losing those cases would leave them legally liable for billions of dollars in climate damages.
Calder Stewart to invest $110m for solar across industrial portfolio
Tue 23 Jun 2026
Media release | NZ’s largest industrial landowner is preparing one of the country’s most significant industrial rooftop solar rollouts, with Calder Stewart set to invest more than $110 million in solar panels and battery storage across its property portfolio.
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.
Lack of finance stalling sustainable innovation – report
12 Jun 2026
By Shannon Morris-Williams | A lack of access to suitable finance is threatening growth in New Zealand's sustainable innovation sector, despite strong confidence and ambitious expansion plans among purpose-driven businesses, according to a new report.
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.
Media round-up
Fri 19 Jun 2026
In our round-up of climate coverage in local media: The Government is set to quietly scrap a looming ban on coal boilers; some South Dunedin homes may be relocated as climate risks increase; and more details emerge about the handling of documents linked to the undisclosed climate case briefing.
‘Those blocking climate science are not our friends': Pacific leaders warn at Bonn talks
Tue 23 Jun 2026
Pacific nations and civil society groups have united at UN climate talks, pushing back against efforts to weaken agreed language on global temperature limits as negotiations continue behind closed doors.
New refrigerant scheme targets potent greenhouse gases
18 Jun 2026
By Shannon Morris-Williams | New Zealand is set to introduce its second regulated product stewardship scheme under the Waste Minimisation Act, targeting synthetic refrigerants that account for around 2% of the country's greenhouse gas emissions.
Waikato Council advances water security action plan
Tue 23 Jun 2026
Waikato Regional Council has endorsed a new action plan to strengthen the region’s water security.
Increase in wildfire-driven ozone linked to premature deaths across the U.S.
10 Jun 2026
Smog linked to wildfires is getting worse across much of the U.S., playing a role in more than 300 additional premature deaths every year since 2013, researchers say.
New Zealand faces $26b energy infrastructure challenge, report warns
15 Jun 2026
By Shannon Morris-Williams | New Zealand will need an additional $26 billion of investment in energy infrastructure over the next 30 years to meet its decarbonisation goals, with a new report warning that policy certainty is critical to unlocking the renewable generation needed to power a low-carbon economy.
