Topics tagged with 'Carbon Credits'
India eyes $100b in carbon trading deals
1 May 2009
India could earn up to $100 billion through trading of certified emission reductions, or carbon credits, a government official said this week.
Genesis buying credits, but quiet on NZUs deal
24 Apr 2009
New Zealand’s largest thermal electricity generator has made forays into the carbon market – but won’t say if it was the purchaser involved in the first sale of New Zealand Units.
Trading website readies for carbon units sale
24 Apr 2009
A sale of New Zealand Units is on the cards for internet trading site Trade Me.
Carbon credits sale funds heat-loss spy in the sky
17 Apr 2009
Christchurch’s sale of several million dollars of carbon credits to British Gas three years ago is providing the funds for a scheme to target heat waste miscreants by thermal imaging them.
Two million dollars for new Kyoto forests
17 Apr 2009
The Ministry of Agriculture and Forestry has awarded $2 million to 17 recipients to establish new forests, and is calling for further applications.
Foresters get carbon credits ... but what now?
14 Apr 2009
Forest owners have received their first batch of carbon credits but are unsure about insuring and on-selling them.
Uncertainty keeps NZUs volatile, says trader
14 Apr 2009
The price of New Zealand Units is likely to remain volatile for another six months, says a leading trader.
NZUs allocation clear sign of future ETS plans
3 Apr 2009
The Government’s allocation of eight million NZUs to the Crown’s holding account on Wednesday is a clear sign that the emissions trading scheme is here to stay.
Airlines fear failure of global climate talks
3 Apr 2009
Major airlines have warned that failure to agree on a global approach to emissions trading in climate change talks could hurt their industry by leading to increased taxes and regulation.
CarboNZeroCert programme ranked No.1 in Australasia
3 Apr 2009
Consumers searching Carbon Catalog (www.carboncatalog.org) for the most transparent carbon offset provider in Australasia will find Landcare Research’s carboNZero programme at the very top of the list, the organisation says.
G20 leaders plan special climate change talks
31 Mar 2009
Leaders attending the G20 meeting in London plan to gather again soon for a special summit on tackling climate change.
Insurers work through climate disasters liability
27 Mar 2009
The insurance industry is grappling with the issue of how to insure against carbon lost through fires, biosecurity breaches, cyclones and other disasters.
Garnaut says no reason to delay emissions trading
27 Mar 2009
The Australian federal government's climate change expert, Professor Ross Garnaut, expects the economy to be in recovery by the time an emissions trading scheme begins operation in July 2010.
Japan close to sealing Czech carbon deal
27 Mar 2009
Japan, struggling to meet a 2012 target for reducing greenhouse gases, is in the final phase of talks to buy carbon credits from the Czech Republic and aims to clinch the accord next month.
NZ business leaders slow on carbon market uptake
24 Mar 2009
TZ1 chief Mark Franklin says that New Zealand businesses are slow at coming to terms with carbon markets.
Kiwi charcoal system in line for world prize
20 Mar 2009
A New Zealand company’s carbon-capturing innovation is one five finalists in the Financial Times UK’s global Climate Change Challenge.
Threatened Maldives now aims to be carbon-neutral
17 Mar 2009
The Maldives islands in the Indian Ocean, under threat from rising sea levels, will shift entirely to renewable energy over the next decade.
Foresters: We've had enough of uncertainty
10 Mar 2009
The forestry industry says the Government should ignore calls to abandon the emissions trading scheme in favour of alternatives such as Business NZ’s proposed low-level all-gases tax or levy on every unit of emissions.
Carbon trade wrong, says former BP chief
10 Mar 2009
Lord Browne, the former chief executive of BP and one of the earliest proponents of carbon trading to tackle climate change, has conceded his enthusiasm was misplaced.
Indian firms drop carbon trading for renewable projects
10 Mar 2009
Indian companies are turning towards renewable energy projects for a better return on their investments.
ETS delay hampers lake protection moves
6 Mar 2009
Delays in establishing a domestic carbon market are hampering the efforts of a trust set up to protect an iconic New Zealand natural landmark.
Credit freeze forces foresters to stall harvests
6 Mar 2009
A bank freeze on credit - especially on letters of credit - is prompting forestry owners to keep their trees in the ground because they cannot find the cash to export them.
Foresters might end milling to earn carbon credits
3 Mar 2009
Central Districts forestry interests are considering leaving their trees in the ground long term, instead of milling them, so that they earn forestry credits, especially from Europe.
Obama raises hopes for Copenhagen climate pact
3 Mar 2009
Until recently, the idea that the world’s most powerful nations might come together to tackle global warming seemed an environmentalist’s pipedream.
Business group to push for interim green tax
27 Feb 2009
The prospect of delaying the emissions trading scheme and introducing a green tax as an interim measure is being raised by a major business group.
Confused foresters lament lack of Government direction
27 Feb 2009
New Zealand forest owners will soon be able to claim AAUs for carbon sequestered last year, but a lack of clarity over Government policy means the country unlikely to see a flurry of carbon-market activity.
Green light for New Zealand’s first Solar City Pilot
24 Feb 2009
Developers of Nelson Solar City have announced the next stage of their project with the launch of a pilot scheme involving 25 homes and businesses.
Canadians woo our farmers with cash-for-carbon deal
20 Feb 2009
A company that has already distributed more than $7 million to Canadian farming families through soil carbon credits now wants to do the same for New Zealand farmers.
Australian trader records biggest carbon sale
10 Feb 2009
Australia has recorded its largest carbon trade to date as trading in the over-the-counter carbon market gains momentum ahead of the introduction of a carbon pollution reduction scheme scheduled for mid-2010.
Kyoto soil carbon rules don't fit NZ, says official
3 Feb 2009
New Zealand would have to be able to use a base year other than 1990 if the country was to start accounting for soil carbon, says a senior government official.
BP accused of watering down EU green agenda
3 Feb 2009
Oil industry lobbying at the heart of the European Union has undermined efforts to tackle climate change, environmental groups are claiming.
Carbon trading may be new sub-prime, says energy boss
3 Feb 2009
The row over the working of the European Union’s emissions trading scheme has intensified with EDF Energy warning that speculators risked turning carbon into a new category of sub-prime investment.
Deforestation returns running late
30 Jan 2009
Deforestation returns for pre-1990 forests close tomorrow, but many will be late.
Big UK polluters abusing EU carbon trading scheme
30 Jan 2009
Britain’s biggest polluting companies are abusing a European emissions trading scheme designed to tackle global warming by cashing in their carbon credits in order to bolster ailing balance sheets.
EU puts plan for global carbon trading system
30 Jan 2009
The European Union is calling on developed countries - particularly the US - to sign on to a global system for trading carbon credits to curb greenhouse gas emissions.
Deadline looms for owners to report deforestation
23 Jan 2009
Owners of pre-1990 forests have just over a week to report any deforestation last year as the government starts the massive job of accounting for changes in land use.
It's all win-win for no-till farmers, says scientist
20 Jan 2009
New Zealand farmers could be collecting carbon credits, cutting crop production costs and boosting yield all at the same time, says a New Zealand scientist.
Obey the law, minister tells confused forest owners
20 Jan 2009
Forestry Minister David Carter has told forest owners concerned about the vailidy of the the emissions trading scheme that they should obey the law.
Some Australian units hit the carbon market
20 Jan 2009
Australia put its toe in the water yesterday with a small trade in Australian Emissions Units (AEUs).
PwC buys international environment advisory firm
20 Jan 2009
PricewaterhouseCoopers has announced the acquisition of the US operations of Sustainable Finance Limited, an international advisory firm with operations based in America, Britain and Holland.
UN carbon trading scheme suspends reluctant Russia
16 Jan 2009
The immaturity of one of the United Nation’s flagship carbon trading schemes has been underlined after Russia was suspended from registering carbon credits on the international transaction log (ITL) as a result of unpaid fees.
Carbon credits available
13 Jan 2009
The following carbon credits are available from broker OMF Financial.
Latest Strip of CER’s 2008 – 2012 Vintage – Indicative Mid Prices
13 Jan 2009
Prices below are indicative, subject to change and subject to counterparty credit assessment.
Banks praise direct selling of carbon credits
16 Dec 2008
Trust Power’s direct marketing of its own carbon credits is being applauded in banking circles.
DOC has carbon credits deal for private companies
9 Dec 2008
The Department of Conservation is offering carbon credits to private companies involved in joint-venture forestry-regeneration projects.
Australian paper questions role of carbon trading
9 Dec 2008
A discussion paper released in Australia yesterday suggests that carbon trading alone will not be enough to stimulate a significant bioenergy industry in that country.
Nader: Why we need a global carbon tax
5 Dec 2008
If President Barack Obama wants to stop the descent toward dangerous global climate change, and avoid the trade anarchy that current approaches to this problem will invite, he should take Al Gore's proposal for a carbon tax and make it global, says veteran American consumer advocate Ralph Nader.
Foresters fear trading advice is a waste of time
2 Dec 2008
The forestry industry fears that the wrong kind of advice is stepping in to fill the vacuum left by the new government as forest owners struggle to come to terms with what New Zealand’s potential emissions trading turn-around might mean.
Entrepreneurial phase of CDM market over, says report
2 Dec 2008
The recession will put pressure on carbon-reduction projects and governments must make sure that their infrastructure investments are climate-friendly, says a new report released in London overnight.
Hold on to your carbon credits, experts advise
21 Nov 2008
New Zealanders shouldn’t buy or sell carbon credits until the Government’s plans for the emissions trading scheme are clear, says a prominent law firm.
UN limits staff at COP30 climate summit over accommodation concerns
Fri 19 Sep 2025
High hotel prices for Brazil's COP30 climate summit in November have prompted the United Nations to urge its staff to limit attendance, while government delegations are still scrambling to find rooms within their budgets.
Govt passes law to limit farm-to-forest conversions
Fri 19 Sep 2025
By Shannon Morris-Williams | The Government has passed legislation intended to limit farm-to-forest conversions in the Emissions Trading Scheme, with ministers saying the changes “restore balance,” while opponents call it a band-aid that risks climate targets.
NZ needs to be part of a regional SAF strategy: Z, Air NZ
9 Sep 2025
By Pattrick Smellie | New Zealand needs to be part of a regional strategic approach to sourcing sustainable aviation fuel (SAF), with domestic production less the aim than ensuring access to the fuel from one of a number of strategically positioned bio-refineries around the world.
'Non-negotiable' – EU carbon pricing to hit Kiwi exporters, expert warns
11 Sep 2025
By Shannon Morris-Williams | High carbon exports will inevitably face a high carbon tax at the EU border, possibly in the next five years, and high methane agricultural products might not be exempt, an international expert told a local audience yesterday.
UK foreign aid for nature hits £800m record due to cash for carbon credits
Tue 16 Sep 2025
The UK’s climate-aid spending on “nature protection and restoration” reached record levels of nearly £800m last year, according to government figures obtained by Carbon Brief.
Researchers say sealing old oil wells with bio-oil from crop waste is a dual carbon-removal solution
Fri 19 Sep 2025
A new analysis shows that oil made from corn husks, wood chips, and other waste could plug greenhouse gas-belching abandoned oil wells while sequestering carbon for about $152 per ton.
EU set to miss UN deadline for new target under Paris climate accord
Fri 19 Sep 2025
The delay is intended to allow countries more time to agree to an ambitious goal.
Carbon price steady after failed quarterly auction
Tue 16 Sep 2025
By Liz Kivi | The carbon price has continued to trade in its familiar moribund range in the high $50s following last week’s failed quarterly auction, with ample supply still trading on the secondary market at about $10 below this year’s $68 auction floor.
Industry struggles with double-digit power price hikes
Mon 15 Sep 2025
As power prices surge by double-digit amounts for the second year in a row, industrial users can’t keep absorbing cost increases, the Major Electricity Users’ Group says.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
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.”
Watts not considering removing electricity from ETS
Tue 16 Sep 2025
Energy and Climate Change Minister, Simon Watts, says he is “not currently considering” removing electricity generation from the Emissions Trading Scheme, as proposed by NZ First Minister Shane Jones.
Gentailers told to behave as ministers weigh Frontier review
Wed 17 Sep 2025
The chief executives of Contact, Meridian, Mercury and Genesis met Energy and Climate Change Minister Simon Watts on Thursday for their regular monthly session.
Declining sea-ice is altering Antarctic food webs
11 Sep 2025
A new study shows a significant change in Antarctic phytoplankton over time that could cascade through the marine food web and affect the ocean’s capacity as a carbon sink.
Lobby group launches ‘blueprint’ for ocean management reform
Thu 18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Marginal drop in last year's regional emissions
27 Aug 2025
Regional greenhouse gas emissions were down slightly last year, with a fall in gas supply leading to a big drop in Taranaki, but more coal burnt leading to higher emissions in Waikato, according to new figures from Stats NZ
Australia leapfrogs NZ on climate ambition
Fri 19 Sep 2025
By Liz Kivi | Lawyers for Climate Action say Australia’s new 2035 climate target should be a wake-up call for ‘clean, green’ New Zealand.
Exxon and Shell sue the Netherlands in secret tribunals for closing Europe’s biggest gas field
Fri 19 Sep 2025
Following billions in profits and over a thousand gas extraction-related earthquakes, the oil and gas giants filed claims against the Dutch state in four separate investor-state disputes concerning compensation for home damages and the permanent closure of the Groningen gas field.
A modest geothermal strategy
31 Jul 2025
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
Why mega-polluters have little to fear from the European Central Bank and its new climate policy
12 Sep 2025
The European Central Bank plans to raise borrowing costs for climate offenders – but a new FTM analysis shows that big polluters such as Shell will barely feel it.
Science cuts will hold back climate research
Wed 17 Sep 2025
By Liz Kivi | A crisis in government-backed science funding is worsening, with dire implications for climate research in New Zealand, according to experts from the scientific community.
Media round-up
5 Sep 2025
In our round-up of climate coverage in local media: The great methane debate; law change scuppers legal challenge to irrigation scheme consent; and what are the energy and climate implications of the $7.5 billion Amazon Web Services data centre deal?
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
Hiringa eyes green methanol plant near Whanganui
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.
Media round-up
29 Aug 2025
In our round-up of climate coverage in local media: Changes to road user charges will increase New Zealand's emissions; Climate Change Minister Simon Watts promises better access to hazard data for homeowners; and Kiwis borrow over $1 billion in ‘green loans’ for heat pumps and electric cars.
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.
Young activists won a landmark state climate trial. Now they’re challenging Trump’s orders
Thu 18 Sep 2025
Young climate activists and their attorneys who won a landmark global warming trial against the state of Montana are trying to convince a federal judge to block President Donald Trump’s executive orders promoting fossil fuels.
Forest carbon stores massive blind spot - study
4 Sep 2025
By Shannon Morris-Williams | Aotearoa New Zealand’s planted forests hold significant deep soil organic carbon — with over half of it stored below 30 cm, and much of it over 1,000 years old.
Govt tweaks offshore energy bill with 'declared areas' model
Wed 17 Sep 2025
By Shannon Morris-Williams | The Government is making changes to the Offshore Renewable Energy Bill to address offshore wind developers' concerns about competing for space with other industries.
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.
A steady ocean pattern just failed for the first time ever observed
Wed 17 Sep 2025
The failure of the Gulf of Panama’s seasonal upwelling system has left scientists wondering what happens next.
Australia's 2035 climate targets on path to net zero judged by the experts
Fri 19 Sep 2025
After much anticipation, Australia has set its new climate targets: a reduction of 62 to 70 per cent within the next 10 years.
‘Plastic Cup’ competitions are cleaning up rivers in Hungary
1 Sep 2025
Afloat on DIY boats, teams of volunteers have removed over 450 tons of plastic waste from the Danube and its tributaries.
Can certificates solve NZ's heavy vehicle emissions problem?
Thu 18 Sep 2025
By Shannon Morris-Williams | The Sustainable Business Council has launched a new framework for a national system to cut freight emissions.
Climate change collaboration and competition law
Thu 18 Sep 2025
By Pattrick Smellie | The revamped competition law regime needs to be able to take into account the benefits of companies that collaborate for action on climate change, says the panel that reviewed both the Commerce Commission and the Commerce Act.
Underestimating support for climate action limits political decision making, study says
8 Sep 2025
Research reveals huge disparity between perceived and actual willingness of public to contribute to fixing climate.
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.
One city’s race to ‘solarise everything we possibly can’
Thu 18 Sep 2025
Bordeaux is quickly transforming itself into France’s top solar-powered city, banking on innovations like transparent panels that preserve its historic architecture.
Turning squashed bugs into climate change data
Fri 19 Sep 2025
Media release: University of Auckland | What if the insects you hit with your car could contribute to research on climate change?
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’.
Ara Ake backs 13 projects to unlock NZ’s energy flexibility
11 Sep 2025
Media release | Ara Ake has approved over $600,000 in funding from the National Flex Discovery Fund for 13 flexibility service providers (FSPs).
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
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.
Most EU carmakers on track to meet emission targets: study
10 Sep 2025
Almost all European carmakers are on track to meet EU emission targets after winning a reprieve this year as electric vehicles (EV) sales pick up, a study showed.
Echo Tech secures growth investment to tackle NZ's e-waste crisis
Mon 15 Sep 2025
Media release | Echo Tech Limited, New Zealand’s leading provider of e-waste recycling and IT asset recovery services, is proud to announce a strategic investment from growth equity firm Altered Capital.
La Niña set to prolong NZ hydro shortfall
9 Sep 2025
By Shannon Morris-Williams | With La Niña favouring a drier-than-normal spring across much of the South Island, hydro lakes are unlikely to recover without substantial rain and late snowmelt – keeping national storage levels below average.
Record UK wildfires have burned an area twice the size of Glasgow in 2025
12 Aug 2025
Wildfires have scorched more than 40,000 hectares of land so far this year across the UK – an area more than twice the size of the Scottish city of Glasgow.
Which countries are scaling solar and wind the fastest?
12 Sep 2025
The leaderboard is quite different depending on what metric you look at.
