Topics tagged with 'Carbon Credits'
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.
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.
Bid to review Kāpiti Coast climate emergency declaration fails
Mon 15 Jun 2026
By Justin Wong, Local Democracy Reporter | Kāpiti Coast councillors have rejected a motion to review the local district council’s climate emergency declaration.
EU climate policy ‘won’t survive’ its clash with EU farmer politics
Fri 12 Jun 2026
By Pattrick Smellie | European Union climate change policy is on a collision course with European farmer politics, exacerbated by the rise of populist right-wing parties in the UK and the Continent, says Oxford University professor of geosystem science, Myles Allen.
$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
Wed 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.
Millions of UK homes at risk of sinking as climate crisis worsens
Fri 12 Jun 2026
Millions of homes are at risk from climate-related subsidence, according to an analysis by the British Geological Survey.
Huntly biomass option no cheap fix, Genesis tells MPs
28 May 2026
Genesis Energy says biomass can be burned in Huntly's Rankine units, but current costs put it in roughly the same price range as imported LNG and extra Rankine capacity would be expensive and could take years.
El Niño under way and threatens weather extremes, scientists say
Mon 15 Jun 2026
The US National Oceanic and Atmospheric Administration has declared that El Niño conditions are now under way in the tropical Pacific, with sea surface temperatures having risen sharply in recent months.
Govt looks to tighten ETS auction supply
Fri 12 Jun 2026
By Liz Kivi | The Government is consulting on auctioning fewer ‘pollution permits’ for 2027-2031, a move it says would help meet the country’s domestic emissions targets while also maintaining short-term confidence in the ETS.
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.
NZ’s sustainable finance credibility gap
5 Jun 2026
By Manbo He | COMMENT: New Zealand has built serious sustainable finance infrastructure - but risks failing to attract the global capital that infrastructure was designed for, because it lacks the practitioner capability to operate it credibly.
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.
‘A shame’: experts on decision to send Govt carbon auctions offshore
Wed 10 Jun 2026
By Liz Kivi | Carbon market experts are questioning whether the Government has made the right decision in sending its auctions of carbon 'pollution permits' worth billions of dollars offshore.
New Zealand faces $26b energy infrastructure challenge, report warns
Mon 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.
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.
China warns of risk of 'extreme floods' in desert regions
Mon 15 Jun 2026
China warned communities in its northwestern Xinjiang and nearby regions on Friday to prepare for "extreme floods" this summer, driven by abnormally high temperatures, heavy rainfall, and rapid glacier melt.
EDS urges MPs to scrap the Fisheries Amendment Bill
5 May 2026
Media release | The Environmental Defence Society today lodged a substantive submission on the Fisheries Amendment Bill.
GHG Protocol under fire as standards board member resigns
Thu 11 Jun 2026
At the heart of former GHG Protocol standards board member Danny Cullenward’s complaint is the protocol’s approach to forest carbon accounting.
World’s largest banks pledged $906bn to fossil fuel companies in 2025
Fri 12 Jun 2026
The world’s largest banks committed $906bn in financing to the fossil fuel industry last year, an “unfathomable” increase in investment locking in years more of coal, oil and gas production as the world continues to overheat, a new report has found.
Liebreich: Electrify first, insure second
Thu 11 Jun 2026
New Zealand is having an argument about gas while the rest of the world is building an electric future. That, in essence, is the challenge Michael Liebreich left behind after a visit to Wellington last week.
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.
Lack of finance stalling sustainable innovation – report
Fri 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.
Antarctic surface melt set to increase dramatically this century, new study finds
Wed 10 Jun 2026
Media release – Victoria University | New research shows surface melting across Antarctica is set to intensify and spread dramatically over the 21st century, with melt increasing by 10 times and the area affected growing by more than 10 percent by 2100 if global temperatures continue to rise.
Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime
15 May 2026
By Hang Pham, Te Herenga Waka — Victoria University of Wellington | Most of us are familiar with the concept of greenwashing: organisations exaggerating or overstating their environmental credentials. But in New Zealand, there are signs the country’s climate disclosure regime may inadvertently be driving a very different trend: not saying much at all.
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.
Victorian Hydrogen announces Southland urea fertiliser project using coal
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.
'Ad hoc, piecemeal, incomplete': NZ's approach to hazards not fit for purpose, says insurer
Wed 10 Jun 2026
By Shannon Morris-Williams | New Zealand's ability to manage natural hazard risks is failing to keep pace with the growing threat posed by floods, storms, earthquakes and climate change, according to a new report from IAG.
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.
Media round-up
Fri 12 Jun 2026
In our round-up of climate coverage in local media: A legal expert labels the government's climate law change "constitutionally abhorrent", the first critical minerals project has applied for fast-track, and warming winters are changing New Zealand’s landscapes.
LNG imports might not be needed for 'dry year' security: redacted report
Thu 11 Jun 2026
By Oli Lewis | The need for imported liquefied natural gas to provide security of supply in a dry year is low, according to newly released modelling, with some scenarios featuring higher levels of renewable generation requiring no gas imports at all.
Changes to emissions factors prompt caution over climate claims
4 Jun 2026
By Shannon Morris-Williams | Organisations may need to revisit how they calculate and communicate their greenhouse gas emissions after the Ministry for the Environment released an updated version of its Measuring Emissions Guide, incorporating new emissions factors based on New Zealand's latest greenhouse gas inventory.
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.
'Terrible result': Emissions barely budged in 2024
5 Jun 2026
By Shannon Morris-Williams | New Zealand's greenhouse gas emissions were virtually unchanged in 2024, falling by 0.03%, despite the economy shrinking by ten times that amount during the same period, according to new data.
Lack of demand leads to Bathurst pausing coal mine expansion
2 Jun 2026
By Liz Kivi | Bathurst Resources has confirmed it is struggling to find a market for coal from its planned extension of the Rotowaro coal mine in North Waikato, and is putting the project on ‘pause’.
Fed Farmers' election wish-list includes stopping whole-farm conversions to carbon forestry
9 Jun 2026
Federated Farmers has launched a five-point plan for the next government, setting out what it says should be a major focus for political parties heading into the November election.
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.
Once-in-a-century floods routine as sea levels rise due to climate change
Thu 11 Jun 2026
By Shannon Morris-Williams | A coastal flood expected to occur just once every 100 years is now hitting Wellington about twice a year, according to new international research that scientists say offers clear evidence of how climate change is already reshaping New Zealand's coastline.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Seven ‘new approaches’ to avoid our Paris commitments: Carr
4 Jun 2026
Praying for “new approaches” to materialise to meet our international climate obligations isn’t a strategy, writes Rod Carr.
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.
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.
Solar overtakes gas power in Asia for first time ever
Mon 15 Jun 2026
Solar has overtaken gas power in Asia to become the continent’s third-largest source of electricity, according to new analysis by Carbon Brief.
‘Landmark’ conservation reform bill – boost or bust for nature?
8 May 2026
By Liz Kivi | The Government has announced an overhaul of the country’s conservation system, which environmental organisation Forest & Bird says will undo the work of many generations of Kiwis to protect public conservation land.
NZ’s largest rooftop solar switched on at Fisher & Paykel Healthcare
Thu 11 Jun 2026
Media release | Sunergise, New Zealand’s leading commercial solar company, has switched on the country’s largest-ever rooftop solar installation at Fisher & Paykel Healthcare’s East Tāmaki campus in Auckland.
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.
Govt backs faster uptake of on-farm emissions tools with $51m fund
Thu 11 Jun 2026
By Shannon Morris-Williams | The Government is investing up to $51 million over three years to help accelerate the uptake of on-farm emissions reduction technologies, with a new AgriZeroNZ initiative aimed at getting proven tools into the hands of farmers sooner.
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.
Labour pledges unlimited public transport for $20 a week
Wed 10 Jun 2026
The Labour Party is promising to cap weekly public transport fares at $20 in Auckland, Wellington and Christchurch, if elected in November.
Bonn Bulletin: Tackling climate crisis is “hardest” challenge ever, Stiell says
9 Jun 2026
The June Climate Meetings open with a reminder to delegates of the tough but ever-clearer imperative of shifting away from fossil fuels to clean energy.
Project linking food waste to cutting methane emissions gets underway
27 May 2026
Media release | Kai Commitment is leading a New Zealand-first project to help understand the connection between food waste and methane emissions and identify effective interventions.
Record-breaking heat and dry spring leave parts of England without water
2 Jun 2026
Thousands of households in southeast England were left without water or facing low pressure during a record-breaking heatwave this week, as high demand followed a dry spring to expose the failings in Britain's ageing infrastructure.
Increase in wildfire-driven ozone linked to premature deaths across the U.S.
Wed 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.
Waikato launches vision for energy transition bringing $4.5 billion investment to the region
8 Jun 2026
By Shannon Morris-Williams | Waikato Regional Council has released a strategy aiming to position the region at the centre of New Zealand's energy transition, with plans to boost energy security, cut emissions and unlock billions of dollars in economic opportunities by 2050.
