Topics tagged with 'Carbon Credits'
Foresters begin to see wood for the trees
5 Mar 2010
Forest owners hope that they will soon have clarity around the way in which carbon credits will be allocated for pre-1990 forests.
Beehive still working through carbon free list
5 Mar 2010
The Government is still working out just which industrial activities will qualify for free carbon credits under the emissions trading scheme.
Others dither, but NZ certain about ETS
26 Feb 2010
The Government says it is committed to pressing ahead with the emissions trading scheme, despite uncertainty over whether two of our major trading partners will adopt cap-and-trade schemes.
Have your say on forest credits allocations
26 Feb 2010
Submissions open today on the way in which carbon credits will be allocated for pre-1990 forests.
Trader finds ready market for bundled carbon credits
19 Feb 2010
Aggregated carbon credits from permanent New Zealand forests are finding markets overseas, says a Christchurch company.
Key carbon credits submissions close today
12 Feb 2010
Submissions on the way in which free carbon credits will be shared out close today.
Carbon changes face of forest economics, says scientist
12 Feb 2010
Factoring carbon into forest finances dramatically alters economic viability, according to research by one of the founders of the emissions trading scheme.
Personal carbon credit deal earns couple $17
12 Feb 2010
A Pennsylvania couple who invested $58,000 in solar panels have earned the world's first carbon credit for reducing personal emissions … and are $17.20 better off.
March 4-5: Carbon and biofuels key to future forest finance
12 Feb 2010
Financing future forestry growth is the focus for a new forestry conference on in Auckland next month.
City forester trebles profits with sale of credits
5 Feb 2010
A forestry company has sold Kyoto carbon credits for three times the amount of its 2009 profit.
Mighty River wants more after Maori carbon deal
5 Feb 2010
Mighty River Power is looking for carbon deals with more land owners after signing an historic agreement with a Maori incorporation.
Aussie hotel wins carboNZero certification
5 Feb 2010
Australia's first conservation-based luxury resort, Wolgan Valley Resort & Spa, is the first hotel in the world to achieve carbon neutral certification from an internationally accredited greenhouse gas certification scheme.
No submissions as allocations deadline looms
29 Jan 2010
No submissions have been made on the crucial regulations governing the allocation of free carbon credits to trade-exposed industries.
Credit-rich foresters out looking for buyers
22 Jan 2010
Forest owners are moving to sell last year’s carbon credits as NZUs start to flow into owners’ accounts.
Europe emerges as main buyer of NZ carbon credits
22 Jan 2010
New Zealand sold more than 1.5 million Kyoto carbon credits offshore last year, and bought just over 400,000 from other countries.
Treasury gave thumbs down to ETS intensity-based scheme
18 Dec 2009
Treasury told the Government not to adopt an intensity-based scheme for the allocation of free carbon credits to heavy emitters.
UN suspends approval of China wind farms
4 Dec 2009
The UN body that oversees carbon credit trading has suspended approval of some Chinese wind farms amid questions about how Beijing obtains money through the system.
ETS: Forest owners say deal is unjust
27 Nov 2009
Forest owners say pre-1990 forests are likely to be worth next to nothing because of the ETS. Owners have been landed with the massive liabilities of being part of the scheme, but cant earn carbon credits.
Maori win ETS voice ... and trip to Copenhagen
23 Nov 2009
The Government has done a deal with the Maori Party over the emissions trading scheme that will see iwi consulted over the rules for the allocation of free carbon credits in agriculture and fishing, and taking a seat at the Copenhagen climate change talks.
Maori Party: Deal to benefit all
23 Nov 2009
New Zealand's role in global warming and its financial commitments are set to be lowered as a result of the afforestation provision the Maori Party has negotiated with the Government.
Oops! Treasury sums wrong by $50 billion
16 Nov 2009
Treasury underestimated by $50 billion the cost of proposed changes to the way in which the government hands out free carbon credits.
Dejected dairy giant plans next ETS move
16 Nov 2009
Dairy giant Fonterra is considering its next move after a parliamentary select committee failed to prevent measures that will exclude the co-operative’s processing from receiving free carbon credits.
Aussie agriculture backflip could be first of many
16 Nov 2009
The Australian government’s sudden backflip on agriculture yesterday could lead to even more concessions being made to try to get the country’s proposed emissions trading scheme through the Senate in the next couple of weeks.
Error sends cost of ETS changes skyrocketing
13 Nov 2009
The cost of changes to the emissions trading scheme might be up to three times as high as the Government has said.
Divided Maori Party likely to toe the line on ETS
13 Nov 2009
The Maori Party is deeply divided over changes to the emissions trading scheme – but is unlikely to split its vote on the issue.
Treasury says it hasn't got Kyoto accounts wrong
13 Nov 2009
Treasury is disputing a claim that it has failed to include liabilities for future forestry harvesting in New Zealand’s Kyoto accounts.
Carbon price must at least double, warns watchdog
13 Nov 2009
The International Energy Agency has warned that the price of carbon credits will have to more than double from the levels they now trade at in Europe to make high-tech solutions to climate change economically attractive.
Bio-fuel levy the last straw for forest owners
13 Nov 2009
A government decision to make big companies pay for some of their greenhouse gas emissions when using wood pellets and other biofuels is seen as the last straw by many in the forest industry.
Farmers might move offshore, warns Fonterra
6 Nov 2009
Fonterra is being cut out of free carbon credits under the Government's amended emissions trading scheme - and is warning the move could drive farmers offshore.
Campaigners call carbon markets corrupt
6 Nov 2009
The world's carbon trading markets’ growing complexity threatens another "sub-prime" style financial crisis that could again destabilise the global economy, campaigners have warned.
Europe faces oversupply of carbon credits
30 Oct 2009
A vast supply of pollution credits from abroad is threatening to overwhelm systems for capping and trading greenhouse gases, a senior European Union official has warned.
Sydney drags chain in Asian carbon-hub race
30 Oct 2009
Sydney might be the loser as Hong Kong, Beijing and Singapore gear up to be the Asian hub of carbon trading.
Hide hacks at ETS policy management – tied bill voting more likely
23 Oct 2009
Act party leader Rodney Hide says the process of establishing the ETS is “shot through with lobbying, unprincipled deal-making and divergent treatment of different economic activities”.
Farming opportunites huge, says recruiter
23 Oct 2009
Carbon reduction and carbon trading hold huge potential for farmers – if they can get beyond the rhetoric and see the opportunities, says an Australian consulting firm looking for staff in New Zealand.
Tourism could be climate victim, UN warns
23 Oct 2009
Rising sea levels could inundate coastal holiday spots while melting snow caps could spell an end to ski resorts, the UN World Tourism Organisation has warned.
Fishing carbon quota plan splits industry
16 Oct 2009
Government plans to give some $17 million worth of free carbon credits to quota holders, instead of to the owners of fishing boats as originally planned, has divided the fishing industry.
Oceans vital in climate change fight, says report
16 Oct 2009
Preventing the destruction of marine life, from plankton to seagrasses and mangrove forests, could help to offset between 3 per cent to 7 per cent of current fossil fuel emissions, a UN environment report says.
Airlines confident of reaching emission goals
16 Oct 2009
The airline industry will reach some ambitious emissions reductions goals, despite severe financial setbacks faced by airlines across the globe, says International Air Transport Association chief Giovanni Bisignani.
Smelter might suffer under Aussie rules
9 Oct 2009
New Zealand operations powered by renewable energy - like the Rio Tinto aluminium smelter at Bluff - could be disadvantaged by plans to calculate average emissions levels with Australia under a new intensity-based scheme.
G8 countries could face class actions on climate change
9 Oct 2009
The US and other G8 countries could face class actions on behalf of people in the developing world if they fail to take convincing steps to cut the emissions blamed for causing climate change, a lawyer has warned.
China eyes emission trading as part of economic plan
2 Oct 2009
China plans to include a pilot emissions trading system in its five-year plan for economic development from 2010-15, although it is unclear whether carbon dioxide would be covered.
IN THE HOUSE: Deal with Maori under scrutiny
18 Sep 2009
Questions over the deal between the National and Maori parties have dominated environmental debates in Parliament this week.
India, China could join the big league of traders
18 Sep 2009
India and China may join the league of carbon trading hot spots in a few years, along with Singapore, Sydney and Tokyo, that should soon make the grade, says a major international trader.
Smith: ETS revisions "balance" environment, economy
14 Sep 2009
The Government, with Maori Party support, will revise the Emissions Trading Scheme to reduce the costs to households and the impact on jobs while ensuring New Zealand takes a responsible approach to the global problem of greenhouse gas pollution and climate change.
Don't get caught without credits, businesses told
11 Sep 2009
New Zealand businesses are putting some of their most profitable operations at risk by failing to prepare for entry into the emissions trading scheme.
Personal trading not for us, say Greens
11 Sep 2009
A personal carbon trading regime being proposed for Britain is unlikely to work here, says Green Party climate change spokesperson Jeanette Fitzsimons.
EU plans fix to carbon tax fraud threat
11 Sep 2009
The European Commission will propose a temporary solution to the threat of tax fraud in the European carbon emissions market later this month
Why not create our own market, asks carbon trader
4 Sep 2009
New Zealand should stop talking about a carbon market and get on and create one, says a leading carbon trader.
PNG carbon scandal snares Australian company
4 Sep 2009
An Australian company has been swept up in a $100 million carbon trading scandal in Papua New Guinea.
Business: Review leaves huge issues up in the air
31 Aug 2009
The report of the select committee which reviewed the emissions trading scheme is a disappointment which still leaves the country with no broad cross-party agreement on climate change policy to provide investment certainty.
Media round-up
Today 11:45am
In our round-up of climate coverage in local media: the UK Government is questioning whether New Zealand's oil and gas investment breaches its free trade deal; the Infrastructure Commission warns the government to slow down its LNG plans; and Shane Jones has a grim visitor outside the Environmental Defence Society's conference.
French farmers suffer arid crops, heat-stricken animals
Today 11:45am
France's current heatwave is taking a toll on farmers, who are seeing livestock die and are racing against time to harvest cereals without sparking fires in the tinder-dry crops.
$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.
'Not enough': Pressure mounts to scrap conservation bill despite Potaka retreat
Today 11:45am
By Shannon Morris-Williams | Conservation Minister Tama Potaka's walkback of a proposal to allow the sale of public conservation land has failed to quell opposition, with environmental groups and the Green Party saying the Conservation Amendment Bill should be scrapped entirely.
'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.
It’s too hot in Europe – again
Today 11:45am
Europeans are experiencing their second heat wave this summer. One climate scientist called the weather event a “sad inevitability.”
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
Thu 25 Jun 2026
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.
Lake Onslow pumped hydro consortium secures funding for consent push
Today 11:45am
By Oli Lewis | The consortium behind Lake Onslow pumped hydro has secured funding to finalise its resource consent application, aiming to lodge it under the fast-track process before 2027.
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.
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.
Commissioner ‘unconvinced’ LNG is the best dry-year solution
Today 11:45am
By Liz Kivi | The Parliamentary Commissioner for the Environment has told the Energy Minister he is “unconvinced” the government’s proposed LNG import terminal is the best ‘dry year’ solution for the country, and criticised the Government’s “extremely limited” options analysis.
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
Thu 25 Jun 2026
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
Thu 25 Jun 2026
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
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.
National promises low-cost solar loans for households
Thu 25 Jun 2026
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.
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.
UN chief says fossil fuel industry must cut methane for warming “relief”
Thu 25 Jun 2026
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.
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.
Labour won't scrap RMA replacement laws: Hipkins
Today 11:45am
By Shannon Morris-Williams | Labour Party leader Chris Hipkins says New Zealand needs to move beyond the "repeal and replace" approach to resource management, confirming the party would amend rather than scrap the Government's RMA reforms, if elected.
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.
Lessons from Australia: Climate Change Authority chair cites rapid roll-out of household solar, batteries
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.
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
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.
