Topics tagged with 'Carbon Credits'
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.
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.
Green Party calls for national electrification plan
Mon 20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
Victorian Hydrogen announces Southland urea fertiliser project using coal
Wed 22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
$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.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
Mon 20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
Environment ministry straining under pressure of reforms and potential disestablishment
15 Apr 2026
The ministry responsible for New Zealand’s most significant resource management reform in a generation is doing so under institutional strain, compressed timeframes, and an uncertain future – including its own potential disestablishment.
Burning wood for power worse for climate than gas equivalent, report finds
Tue 21 Apr 2026
Research casts doubt on plans by the UK government to offer subsidies for carbon capture attached to the power source.
Clean energy pushes fossil-fuel power into reverse for ‘first time ever’
Wed 22 Apr 2026
Renewable energy has overtaken coal to become the world’s largest source of electricity in 2025, according to thinktank Ember.
Carbon ‘stockpile’ up 9 million in March quarter
10 Apr 2026
By Liz Kivi | The ‘stockpile’ of pollution permits (NZUs) in private accounts has increased by just over 9 million to almost 145 million since the end of 2025, according to the latest figures from the Environmental Protection Authority.
Latest emissions inventory: ‘Something has gone very wrong’
16 Apr 2026
By Liz Kivi | New Zealand’s greenhouse gas emissions in 2024 decreased by just 0.1% compared to 2023, in what an expert says is a “terrible result”, compared to faster progress in previous years.
Supply-side pressures and political uncertainty ahead for carbon market
7 Apr 2026
By Kristen Green | ANALYSIS: With failed auctions, a surge of new forestry registrations, and an election a few months away, the NZ ETS in 2026 will be subject to a mix of supply-side pressures and political uncertainty.
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.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
Tue 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.
Carbon price rises as lack of forestry credits hint at tightening supply
Tue 21 Apr 2026
By Liz Kivi | Prices on the secondary carbon market have rallied to their highest point in 2026, recovering to levels last seen in November last year, just before the Government announced it was unlinking the Emissions Trading Scheme from international climate goals.
NZ cleantech could match forests in emissions cuts – but funding gap looms
Wed 22 Apr 2026
By Shannon Morris-Williams | A handful of New Zealand cleantech startups could cut global emissions by 19.2 million tonnes a year by 2030, but a lack of capital is threatening to slow their scale-up, a new report shows.
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.
Climate change challenges laid bare for Southland
Wed 22 Apr 2026
By Matthew Rosenberg, Local Democracy Reporter | Southland faces a host of changes and challenges under the weight of climate change, a new report has revealed.
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.
Forest owners welcome next step in India trade deal
Tue 21 Apr 2026
Media release | The New Zealand Forest Owners Association (NZFOA) welcomes confirmation that legal verification of the New Zealand-India Free Trade Agreement has been completed, with both countries confirming the agreement will be signed on 27 April in New Delhi.
China warns strong El Nino this year may worsen global fossil fuel crisis
Wed 22 Apr 2026
This year’s El Nino could increase the global demand for fossil fuels and worsen the price rises caused by the Iran crisis, Chinese government scientists have said.
Going concern status flags depth of Methanex NZ's gas crisis
Tue 21 Apr 2026
Methanex's New Zealand operation is relying on financial support from its Canadian parent to remain a going concern after a second consecutive year of asset impairments left the business with negative equity.
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.”
Self-interest should drive investment in overseas climate action, says former climate commissioner
13 Apr 2026
By Liz Kivi | Wealthy countries – including New Zealand – aren’t doing nearly enough to fund climate mitigation in the developing world, with new research saying we need to "change the conversation" to spark action in this vital area.
A matter of strategy
7 Apr 2026
COMMENT: Even on the brink of a global commodities crisis, the possibilities for climate action aren't hopelessly foreclosed. Strategy can turn our fortunes around, writes David Hall.
Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row
2 Apr 2026
By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.
New alliance wants renewable-led energy – and Govt to press pause on LNG
9 Apr 2026
A newly formed coalition of business, consumer and energy organisations has unveiled a renewable-led strategy it says will strengthen the country’s energy security, and it’s calling on the Government to pause its plan for an LNG import terminal.
NZ prepares to join ‘gold rush’ for white hydrogen
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.
Judge dismisses Trump administration’s bid to block Hawaii climate lawsuit
Mon 20 Apr 2026
It was the second defeat for the Trump administration’s unusual litigation to stop states from acting on climate change.
Tehran will never cede control of Strait of Hormuz, senior Iranian politician tells BBC
Tue 21 Apr 2026
"Never." That's when a senior Iranian lawmaker says they'll be ready to give up their control of the Strait of Hormuz.
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 pollution static but NZ still on track for first emissions budget, says MfE
Fri 17 Apr 2026
By Liz Kivi | New Zealand is still on track to meet its first emissions budget, according to the Ministry for the Environment, despite the pace of emissions reductions slowing to a standstill.
Media round-up
Fri 17 Apr 2026
In our round-up of climate coverage in local media: The fuel crisis is a chance for government to reduce greenhouse gas emissions, what would it take to tap into New Zealand's oceans energy, and which political parties would subsidise your rooftop solar panels?
Govt moving to two-yearly ETS updates
Wed 22 Apr 2026
The Government is moving to update ETS settings every two years, rather than each year as it does currently, as part of upcoming changes to climate legislation.
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.
Critical Atlantic current significantly more likely to collapse than thought
Fri 17 Apr 2026
The critical Atlantic current system appears significantly more likely to collapse than previously thought after new research found that climate models predicting the biggest slowdown are the most realistic
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?
Steel sector targets 90% emissions cut by 2050
Wed 22 Apr 2026
By Shannon Morris-Williams | The steel industry has set out how it plans to decarbonise across the value chain, targeting a 90% cut by 2050.
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
Mon 20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
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.
Environmental groups launch legal action over Govt's 'tick-box approach' to conservation land
8 Apr 2026
By Liz Kivi | Forest & Bird and the Environmental Defence Society are taking the Government to court over decisions about the future of publicly-owned land on Te Tai Poutini/the West Coast.
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.
AI surge gives carbon capture a new push
15 Apr 2026
Technology that captures carbon emissions from power plants may finally get a breakthrough as deep-pocketed tech companies try to meet climate goals while powering the AI race.
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.
Electric car sales soar 51% in mainland Europe as Iran war drives up fuel prices
Wed 22 Apr 2026
Buyers’ interest in electric cars has risen across Europe since the start of the war in Iran in late February, as the rising cost of petrol highlights the cheaper power available from a plug.
India walked away from its bid to host COP33 – here's why
16 Apr 2026
India has quietly abandoned its bid to host the UN's top-tier climate conference COP33, marking a shift from PM Narendra Modi's pledge in 2023. Experts and analysts explore what's behind the decision.
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.
Extreme weather in Wellington ‘a different beast’
Tue 21 Apr 2026
By Liz Kivi | Climate scientist Luke Harrington says the small-scale but intense floods which have slammed the capital in recent days are the kind that intensify most rapidly in a warming climate – and are the hardest to predict.
AI tool predicts wildfire danger faster than current systems
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.
Record 165 GW of wind power capacity added in 2025, led by China, report says
Wed 22 Apr 2026
The global wind industry installed a record 165 gigawatts of new capacity last year, up 40% from 2024 and mostly driven by China, a report by the Global Wind Energy Council said, adding this still lagged the pace needed to hit a key climate goal.
