Topics tagged with 'Carbon Credits'
Greens: NZ to spend on emissions target when it could save
14 Aug 2009
The Government wants to take the most expensive route to its emissions target, telling the world it will purchase carbon credits rather than work to reduce New Zealand’s greenhouse gases, says the Green Party.
Tree-planting key to meeting target, says expert
10 Aug 2009
New Zealand can achieve a significant proportion of its 2020 emission reduction target by planting trees – and generate $375m a year in carbon credits, says a forestry expert.
Companies must take care with carbon-neutral claims
7 Aug 2009
Companies wanting to market themselves as carbon-neutral are being warned not to rely on the emissions trading scheme for their green credentials.
Hands off price and trade ties, foresters tell Government
7 Aug 2009
Government interference in the price of carbon or the international trade in NZUs would drive investors from the forestry sector and kneecap any prospect of new forestry planting, the industry says.
UK taxpayer may foot bill for missed emission targets
7 Aug 2009
Britain might have to purchase carbon credits from private companies in a new carbon trading scheme set to begin in 2010 to help them to meet their national greenhouse gas emissions targets.
Carbon potential huge, says multi-million dollar seller
31 Jul 2009
The man behind a multi-million dollar sale of New Zealand forestry credits to Europe says that carbon is potentially a major export and could make up to 80 per cent of forestry company revenue.
Fletcher urgently wants ETS answers
31 Jul 2009
Fletcher Building wants the Government to urgently determine the carbon credit allocation for large businesses so that it can plan for any potential costs arising from an emissions trading scheme.
No new tree planting under this Parliament, say Kyoto forest owners
31 Jul 2009
Climate Change Minister Nick Smith is "badly misreading commercial and economic realities" if he thinks the Government's planned changes to the Emissions Trading Scheme will lead to the private sector resuming tree planting, the Kyoto Forestry Association says.
NZ to target forest offsets issue in Denmark
17 Jul 2009
The Government is set to go in all guns blazing for the forestry sector at the climate change negotiations in Copenhagen in December.
Dutch act on tax fraud in carbon market
17 Jul 2009
"Clear indications" of fraudulent activity in the Dutch carbon emissions market has forced the Ministry of Finance to take steps to prevent value-added tax fraud.
Carbon scheme ripe for fraud, says Aussie expert
17 Jul 2009
Australia’s proposed carbon trading scheme is ripe for fraud and companies are set to be hit with class actions by activist groups because they are not adequately protected by proposed laws, a climate change expert has warned.
Japan opposition eyes bolder emissions cuts
17 Jul 2009
Japan's main opposition party will adopt bolder greenhouse gas cuts than the government by using the global emissions market and increasing green jobs if it wins an upcoming election, the party's head of green policy said.
Forester forges link with carbon manager
14 Jul 2009
A collaboration between a forestry firm and a carbon-market operator is providing a model for a field and trading room partnership.
Indonesia issues first forest-carbon revenue rules
14 Jul 2009
Indonesia's forestry ministry has released what are believed to be the world's first set of revenue sharing rules governing forest carbon projects, a ministry official said.
NZ carbon credits could be in short supply
3 Jul 2009
New Zealand could face a shortfall of locally generated carbon credits when the emissions trading scheme becomes fully operational.
Carbon management is information management
3 Jul 2009
For most businesses today, sophisticated carbon management is simply not possible.
Labour: Government had enough time
26 Jun 2009
The Labour Party is rejecting Government claims that there was never enough time to bring the stationary energy and industrial processes sector into the emissions trading scheme.
Government inaction worries foresters
26 Jun 2009
Foresters are anxious about the Government’s refusal to comment on its plans to develop market access for forestry credits.
Greens fear impact of Ukraine connection
23 Jun 2009
Green Party climate change spokesperson Jeanette Fitzisimons is calling for tough and transparent rules on the type of international carbon credits admitted to the New Zealand emissions trading scheme in the wake of reports that a huge number of Ukrainian units are coming our way.
Brazil bank to offer cheap loans to green companies
19 Jun 2009
Brazil’s national development bank is developing guidelines to provide cheaper loans to companies that have environmentally sustainable practices.
Carter quiet on potential of forest carbon credits
16 Jun 2009
Forestry Minister David Carter doesn’t want to talk about the potential for New Zealand forest owners to sell carbon credits to other countries – nor what the Government is doing to help them.
US forests stand crucial for NZ growers
16 Jun 2009
The United States’ stand on forestry offsetting is being closely watched and could be hugely beneficial to New Zealand.
World first as Japan buys NZ carbon credits
12 Jun 2009
New Zealand forestry-based carbon credits have been sold to Japan.
Where are our carbon credits, asks tribal group
12 Jun 2009
Emissions trading has been a long time coming for Ngâti Porou Whanui Forests.
NZUs should be staggered, says trading group
12 Jun 2009
The issuing of carbon credits to forest owners should be staggered through the year, rather than in one lump a year, says Environmental Intermediaries and Trading Group.
Canada to establish carbon trading market
12 Jun 2009
The Canadian federal government has announced plans to establish a national carbon trading market in which all companies and individuals could participate.
Carbon certifiers tense as competition grows
9 Jun 2009
Competition in the carbon-neutral certification business is hotting up, with pioneer CarboNZero saying that newcomer Green Carbon fails to meet the criteria clients should use when choosing a greenhouse-gas certifier.
Tawhaki stays quiet on world's biggest carbon deal
2 Jun 2009
The New Zealand company reported to be involved in the world’s largest trade of carbon credits is keeping mum on the deal.
Big banks gear up for US carbon trading
2 Jun 2009
While United States policymakers continue to squabble over a federal plan to cap greenhouse gas emissions and sell the rights to emit them, big banks are gearing up for what they see as a new profit centre.
Mystery NZ buyer in world's biggest carbon deal
29 May 2009
International reports that a New Zealand-based company is involved in the world's biggest trade of carbon credits are causing confusion here.
Climate change outburst embarrasses Act
29 May 2009
The Act Party is distancing itself from a statement made in its name yesterday in which National Party MPs were told they would “introduce an emissions trading scheme at their peril."
Russia loses billions from carbon trading delays
29 May 2009
Russia has lost out on billions of dollars in investment and carbon trading payments due to government delays in considering environmental project applications, the head of an environmental investment group said.
Uncertainty means forest industry taking a beating
26 May 2009
The forestry sector will take years to recover from the impacts of recent policy uncertainty, says forestry consultant Roger Dickie.
EU sugar crackdown could kill Fiji's carbon hopes
26 May 2009
The European Union's decision to abandon Fiji’s sugar allocation indicates that the island nation’s evolving business in supplying EU nations with their carbon credits could soon also be imperiled.
Suspending ETS punishes forestry, says grower
19 May 2009
Suspending the emissions trading scheme would mean the forestry sector isn’t rewarded for the work it is doing on climate change, says Forest Enterprises’ managing director Steve Wilton.
Organic fruit growing gets carbon clearance
15 May 2009
Organic fruit growing operations are environmentally sustainable and could trade carbon credits in the future, a Massey University researcher has found.
Forum voices opposition to ETS
15 May 2009
The Sustainable Energy Forum is being seen as a surprise opponent of the emissions trading scheme.
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.
Farm-level emissions cuts possible, but almost everything stands in the way
18 Dec 2025
By Shannon Morris-Williams | Progress to slash farming emissions is being blocked by limited farmer confidence in mitigation tools, inconsistent engagement, misinformation and a lack of clear policy signals, according to a new report.
State-owned farmer drives profit growth with emissions reductions
19 Dec 2025
By Pattrick Smellie | Government-owned Landcorp, trading as Pāmu, is one-third of the way to meeting its 2031 emissions reduction targets, with five years left to run to cut greenhouse gas emissions by 30.3% against 2021 emissions.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
‘Cali Fund’ aiming to raise billions for nature receives first donation – of just $1,000
16 Dec 2025
A major biodiversity fund – which could, in theory, generate billions of dollars annually for conservation – received its first donation of just $1,000 in November.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
Seven quiet wins for climate and nature in 2025
19 Dec 2025
This year's environmental backdrop is familiar: emissions are rising and nature is continuing to decline. But there have nevertheless been bright spots in 2025.
Govt unveils plans for carbon storage regulations – and ETS rewards
18 Dec 2025
By Liz Kivi | The Government has released plans to regulate carbon capture and storage in natural geological formations, which include Emissions Trading Scheme incentives, with the aim of introducing related legislation in 2026.
Global coal demand hit record high this year but is set to decline by 2030
18 Dec 2025
Global coal demand reached a record high in 2025 but is expected to decline by 2030 as renewables, nuclear power and abundant natural gas squeeze its dominance in power generation.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
RMA’s successors hinge on two untested bets
17 Dec 2025
Two ideas sit at the heart of the Government’s replacement for the Resource Management Act: regulatory relief and spatial planning.
India at COP30: A mismatch between grandstanding and climate action
11 Dec 2025
Despite India’s attempt to anoint itself as the leader of the developing world, at the COP30 summit, New Delhi’s track record remains contradictory.
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.
NZ hydrogen regulation to catch up with the world
18 Dec 2025
By Pattrick Smellie | The government has announced a regulatory reset for New Zealand’s emerging clean tech hydrogen sector.
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.
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.
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.
Hydrogen emissions are ‘supercharging’ the warming impact of methane
19 Dec 2025
The warming impact of hydrogen has been “overlooked” in projections of climate change, according to authors of the latest “global hydrogen budget”.
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.”
Westpac NZ announces partnership to form Blue Economy hub in Nelson
17 Dec 2025
Media release | Westpac NZ has announced a new three-year partnership with the Nelson Regional Development Agency and Kernohan Engineering to help accelerate the development of a sustainable marine economy – also known as the blue economy.
NZ ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister
12 Dec 2025
By Liz Kivi | Vanuatu’s Climate Change Minister, Ralph Regenvanu, says New Zealand restarting fossil fuel exploration and subsidies is an obvious breach of international law, exposing the country to international and domestic litigation.
Govt slammed for weakening methane target
15 Dec 2025
By Shannon Morris-Williams The Government has pushed through legislation under urgency to almost halve New Zealand’s 2050 methane target – a move Opposition parties say disregards scientific advice, breaks the country’s hard-won political consensus on climate action, and shifts the burden of higher warming and higher future costs onto the next generation.
COP30 microcosm of difficult geopolitics, says Vanuatu's Climate Minister
15 Dec 2025
By Liz Kivi | Despite ‘intransigent’ states blocking multilateralism and a disappointing official outcome, Vanuatu’s Climate Change Minister Ralph Regenvanu says he left the COP30 climate summit feeling more positive than after previous UN climate conferences.
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.
Insurers welcome govt decision to keep NHC levy unchanged
21 Nov 2025
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
Three Greenpeace activists removed by police from Fonterra
17 Dec 2025
Media release | Three Greenpeace activists were removed by police from Fonterra’s downtown Auckland offices, following a protest on Monday at the Shareholders’ Fund meeting over the corporation’s role in the contamination of rural communities’ drinking water.
Oil and gas majors would create $78bn more value by stopping exploration
11 Dec 2025
Media release | Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development, according to new analysis released today by ACCR.
Wetlands and biodiversity at risk as mining rules loosen: Greenpeace
19 Dec 2025
By Shannon Morris-Williams | Greenpeace says Government changes to national direction instruments under the RMA paves the way for mining in wetlands and biodiversity hotspots and will expose some of Aotearoa’s most fragile ecosystems to irreversible damage.
NZ could become ‘dumping ground’ for dirty vehicles: Commissioner
16 Dec 2025
By Liz Kivi | Simon Upton, Parliamentary Commissioner for the Environment, has warned the Government that its changes to the clean car standard could turn the country into a dumping ground for high emitting cars, making future emissions budgets harder to achieve.
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.
Offshore windfarms enhance function of coastal waters and diversity of aquatic life
19 Dec 2025
Media release | A study conducted by researchers from Murdoch University in Australia and Dalian Ocean University in China has found that offshore windfarms can improve marine ecosystems and diversify aquatic food chains.
‘A shift no country can ignore’: where global emissions stand, 10 years after the Paris climate agreement
16 Dec 2025
The watershed summit in 2015 was far from perfect, but its impact so far has been significant and measurable.
Govt consulting on Pacific Resilience Facility
12 Dec 2025
The Foreign Affairs, Defence and Trade Committee is calling for submissions on its international treaty examination of the Agreement to Establish the Pacific Resilience Facility.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
KiwiRail pauses coal trains amid rising climate protests
9 Dec 2025
By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.
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.
Could tidal energy one day power NZ?
18 Dec 2025
By Shannon Morris-Williams | New research suggests Aotearoa holds some of the world’s strongest tidal-stream energy potential – enough to generate up to 93% of today’s electricity use – but one expert cautions that extracting energy at such a scale could have significant impacts and remains highly uncertain.
NZ could lose nearly all glaciers this century without stronger climate action
16 Dec 2025
New Zealand could see 97% of its glaciers vanish by 2100, with new international modelling projecting a rapid acceleration in glacier extinction from the 2030s onward – even under lower-warming scenarios.
Solar households to get little-noticed tax break
23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
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.
The surprisingly convincing case against cars
19 Dec 2025
Life After Cars dares to imagine how different, and enriching, a car-free world could be.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
Heatwaves, downpours and droughts – Auckland on track for more extreme weather
1 Dec 2025
By Shannon Morris-Williams | New projections show Auckland will face more heatwaves, heavier downpours, worsening droughts and growing coastal threats as climate extremes intensify, according to a new report from Earth Sciences New Zealand.
NZ just had its hottest spring in at least 116 years
10 Dec 2025
By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.
Media round-up
12 Dec 2025
In our round-up of climate coverage in local media: Another offshore wind firm exits New Zealand over a clash with seabed mining; Fonterra falls behind on its climate goals as farm emissions remain flat; and the businesses trapped by the gas 'death spiral'.
