Topics tagged with 'Carbon Credits'
Parker: Nats won't, but we'll answer the questions
21 Oct 2008
Climate Change Minister David Parker says that he is willing to answer Carbon News’ questions on climate change policy – even if National isn’t.
Nats and climate change: The unanswered questions
17 Oct 2008
Carbon News’s questions for the National Party on key climate-change policy issues have met with silence over the past week.
Carbon credits available
15 Oct 2008
NZUs – December 2009 – 100,000 tonnes – Bid €13.00 and offered €17.00 per tonne.
Latest Strip of CER’s 2008 – 2012 Vintage – Indicative Mid Prices
15 Oct 2008
OMF is able to deal over the counter (OTC) on prices in size. Prices below are indicative, subject to change and subject to counterparty credit assessment.
EC set to grant industry relief on carbon trading
14 Oct 2008
Energy-intensive industries are set to receive a huge cash boost from the European Commission as part of a controversial move to protect Europe's industrial sector from world recession.
First NZ carbon credits attract strong interest
10 Oct 2008
The first New Zealand carbon credits are on the market.
Reducing greenhouse gases one fridge at a time.
10 Oct 2008
Natural refrigeration specialist company Arneg New Zealand is to tell this year’s New Zealand Cold Storage Association conference that the industry needs to do more to reduce the effect of refrigeration systems on the environment.
No need for panic-buying, Smith tells businesses
7 Oct 2008
The National Party is not pushing the panic-button over the issue of businesses buying carbon credits - despite companies being urged to consider buying sooner rather than later.
Hong Kong, Singapore fight for carbon trading crown
7 Oct 2008
Hong Kong and Singapore are locked in a heavyweight battle to see which will wear the crown of Asia’s first carbon trading hub.
Everyone’s happy with first US carbon auction
3 Oct 2008
Before the US’s first auction of carbon credits last week, some observers said outsiders might manipulate the market or there would be so little interest the auction would fail – but neither problem occurred, according to analyses just released.
Carbon trading drives surge in ‘green’ patents
3 Oct 2008
Global interest in clean energy solutions from carbon funds and technology giants is stimulating a surge in “green” patents, according to a new study.
Eastern Europe collects windfall as Japan snaps up carbon credits
3 Oct 2008
Thanks to Kyoto emission levels pegged to 1990, when pollution was worse, former Eastern Bloc countries now sell carbon credits to Japan
Big emitters play the waiting game with ETS
30 Sep 2008
Some of New Zealand’s major emitters of greenhouse gases are waiting to see who wins the election before committing themselves to buying carbon credits.
ANALYSIS: Our future under K2 bleak without forestry
26 Sep 2008
The release of the National Party’s forestry policy has received a warm reception from the sector, with the New Zealand Forest Owner’s Association applauding the party for listening to the industry.
US eastern states start obligatory carbon trading
26 Sep 2008
Ten northeast US states today will take part in the nation's first mandatory carbon auction, one of a series of quarterly auctions that in time will reduce the region's power-plant emissions, linked to global warming.
Australian carbon credit price doubles as emissions scheme looms
23 Sep 2008
The price of credits in the Australian carbon market has more than doubled over the past 12 months.
EU offers first analysis of carbon leakage risk
23 Sep 2008
Parts of Europe's aluminium, steel and cement industries are likely to qualify for free carbon allowances to compensate them for lost international competitiveness under plans to revise the EU's emission trading scheme, the European Commission suggests in a new analysis.
National's fisheries policy hooks seafood industry
19 Sep 2008
National’s fisheries policy would leave the industry more than $130 million better off over the first eight years of New Zealand’s emissions trading scheme, the industry says.
Promises, promises ... but what are the costs, asks forester
19 Sep 2008
The “Cassandra of carbon trading” says that the ETS-era is characterised with promises of rewards, yet riddled with unknown costs to achieve them.
UK scheme unlikely to reduce carbon on target, says new study
19 Sep 2008
The UK’s Carbon Reduction Commitment, slated for launch in April 2010, is unlikely to cut carbon emissions before 2013, according to a new report from an independent business research firm.
Cambodia pioneering carbon trading cooperative
19 Sep 2008
With the global carbon trade booming, environmental projects in developing countries have joined forces to finance their poverty reduction efforts by selling carbon credits collectively.
ETS picture becoming clearer for forest owners
16 Sep 2008
The forestry sector will know precisely how to participate in the emissions trading scheme when the forestry stakeholder reference group meets with MAF at the end of the month.
Carbon trading band-aid solution, report tells Philippines
16 Sep 2008
The Philippines has been told it must not over rely on the carbon credits scheme in pursuing clean energy projects because the scheme is a short-term approach to the problem.
LETTER: Bad news for Ngai Tahu
12 Sep 2008
In Carbon News (5 Sept 2008) Willie Te Aho was quoted as saying that the deforestation liability for Ngai Tahu would be around $15,000 per hectare for changing the use of its 80,000 hectare pre-1990 forest estate.
ValueAdd model promotes 'carbon farming'
9 Sep 2008
The ValueAdd Company has just completed an Emission Trading Scheme analytical model relating to so-called “carbon farming”, one of the “business opportunities” promoted extensively by the supporters of the bill, the company says in a statement.
Tribal group challenges Parker's ETS support claim
5 Sep 2008
A major iwi is challenging Climate Change Minister David Parker’s claim that most tribes support the emissions trading bill.
First publicly-displayed credits on TZ1 registry
2 Sep 2008
TZ1 and GreenAir Ltd have announced the first carbon credits to be publicly listed on TZ1's Registry.
Maori Party against ETS bill: concern over subsidies, impacts on Maori land owners
2 Sep 2008
The Maori Party says in EST bill debate that it is "opposed to the concept of paying the polluters; of rewarding the corporate lobbyists with huge exemptions; and the very nature of trading rather than reducing emissions."
Gold Coast Convention & Exhibition Centre 30-31 October 2008
2 Sep 2008
The Australian Federal Minister for Climate Change and Water, Senator the Hon Penny Wong will address the inaugural Carbon Market Expo Australasia on the Gold Coast 29th-31st October.
Parliament to have power over free credits
29 Aug 2008
Parliament is to have the power to reject allocation plans for free carbon credits – a move which could expose heavy emitters to having to purchase 100 per cent of their credits at times.
Big businesses might flee NZ, warn heavy emitters
29 Aug 2008
New Zealand’s heavy emitters say that sharing some of their free carbon credits with smaller emitters could see companies leave the country.
Carbon credit sharing fails to impress wood processors
29 Aug 2008
Sharing carbon credits around is not enough of a remedy for wood processors bracing themselves for the introduction of an emissions trading scheme.
Heavy emitters stand to lose credits under deal with Greens
26 Aug 2008
New Zealand’s heaviest emitters of greenhouse gases will have to relinquish some of their free carbon credits to smaller companies under a deal won by the Green Party.
Kyoto Forest owners say they need ETS passed
26 Aug 2008
The thousands of New Zealanders who invested their own savings to plant trees in the 1990s need the Emissions Trading Scheme (ETS) legislation to be passed in order to secure the estimated $1.6 billion of carbon credits promised to them by all parties in Parliament, the Kyoto Forestry Association (KFA) has told the Green Party.
Biodiversity critical in emissions trading scheme
26 Aug 2008
Forest & Bird urges Labour, New Zealand First and the Green Party to agree to a biodiversity standard in the Government's emissions trading scheme.
World Bank names countries eligible for forest rewards
22 Aug 2008
The Democratic Republic of Congo and five other African countries have been included in a list of 14 that will take part in the World Bank's controversial Forest Carbon Partnership Facility (FCPF).
Public happier with Personal Carbon Trading, study shows
19 Aug 2008
New research by Britain’s Institute for Public Policy Research reveals that the public favours Personal Carbon Trading (PCT) over other emission reduction policy options for individuals and households.
Ukrainian joint-implementation projects gain traction
15 Aug 2008
Carbon Capital Markets has received Host Country Approval (HCA) for a Joint Implementation (JI) project in Ukraine.
AUGUST 19: Managing carbon for business
15 Aug 2008
The Institute of Chartered Accountants is helping businesses to get behind the hype and politics of carbon management with a special seminar in Auckland next week.
Greenair: Forestry carbon opportunities are real
12 Aug 2008
Greenair Group has entered the Wairarapa-Manawatu debate over get-rich-quick interests seeking to take advantage of regional farmers and foresters through carbon credit schemes.
Japan sets date for power exchange to start carbon-credit trading
12 Aug 2008
The Japan Electric Power Exchange will start trading carbon credits in October on a trial basis as part of Prime Minister Yasuo Fukuda's goal to cut greenhouse gases by more than half.
NZ carbon register tests world-wide connections
8 Aug 2008
New Zealand’s fledgling carbon registry has taken part in trials to test international registry connections.
Stop the plough and save the world, says prairie professor
5 Aug 2008
Farmers could cut their greenhouse-gas emissions by switching to zero-tillage, says a visiting expert.
Asia emerging as centre of carbon trade programme
5 Aug 2008
Financial market analysts expect increased participation of Asian countries in the carbon credit trade, with most of them cornering big investments in clean development mechanism (CDM) projects.
Former UN man joins IDEAcarbon
1 Aug 2008
A former under secretary general for economic and social affairs at the United Nations in New York, Nitin Desai, has joined IDEAcrbon as an advisor to its board of directors.
Heavy falls in prices right across the strip
31 Jul 2008
Prices right across the carbon strip fell heavily last night after France announced it had issued 132 million allowances.
Latest Strip of CER’s 2008 – 2012 Vintage – Indicative Mid Prices
31 Jul 2008
OMF is able to deal over the counter (OTC) on prices in size. Prices below are indicative, subject to change and subject to counterparty credit assessment.
BREAKING NEWS: Government calls for tough CDM regime
29 Jul 2008
New Zealand is calling for tougher rules around carbon credits and investments, saying that governments should be required to monitor and enforce minimum requirements for clean development mechanisms.
Millions on research could mean billions in earnings
29 Jul 2008
Research into renewable energy is booming – and could lead to multi-billion-dollar earnings if New Zealanders can get their products to the market first.
Governments must vote in favour of moratorium on deep sea mining
Tue 29 Jul 2025
Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.
Does NZ need a national incentive scheme for wetlands?
Fri 25 Jul 2025
By Liz Kivi | An expert is calling for a national incentive programme to restore New Zealand’s wetlands and wants to stop schemes to drain these vital carbon-sequestering ecosystems.
NZ Post drops science-based climate target
8 Jul 2025
By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.
Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns
18 Jul 2025
Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.
Challenges persist in bid to mine the deep sea, even after boost from Trump
Tue 29 Jul 2025
After years of delay, the deep-sea mining plans of Canadian firm The Metals Company (TMC) now appear to be progressing as it pursues a controversial new path to securing a license to mine in international waters under U.S. jurisdiction.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
At least 30 killed and several missing as heavy rains and floods lash northern China
Wed 30 Jul 2025
Thousands of people were evacuated as the region, including the capital Beijing, braced for more rainfall overnight.
Bearish sentiment lingers for carbon market
11 Jul 2025
By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.
Multi-day protest continues at coal mine
Wed 30 Jul 2025
Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.
Is extending Huntly power station to 2035 in consumers’ best interest?
22 Jul 2025
By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?
Common low-grade clay strengthens low-carbon concrete
5 Jun 2025
Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
NZ voluntary carbon market’s sad state
14 Jul 2025
By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.
Hiringa eyes green methanol plant near Whanganui
Tue 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.
Key orange roughy population on verge of collapse, govt considers closure
9 Jul 2025
Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.
A third of ‘slum residents’ in global south are exposed to disastrous flood risks
Wed 30 Jul 2025
One in three people in informal settlements in the global south live in floodplains and are at risk of a “disastrous flood”.
Latest trawl bycatch numbers 'a grim wake-up call'
24 Jun 2025
Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.
Wilding pines threaten Molesworth Station
Mon 28 Jul 2025
By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.
EV sales fall, but it’s complicated
Tue 29 Jul 2025
Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.
Watts talks big on energy reform, but barriers persist
29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
SBTi releases Net Zero Standard for banks, investors
24 Jul 2025
The Science Based Targets initiative announced the release of its finalised Financial Institutions Net-Zero Standard, aimed at enabling banks and investors to set net zero-aligned targets for their lending, investing, insurance and capital markets activities.
NZ part of hidden global deep-sea network beneath the waves
Fri 25 Jul 2025
Media release - Earth Sciences New Zealand | A world-first study of marine life, including sea creatures found in New Zealand's dark, cold, pressurised ocean depths, has revealed that deep-sea life is surprisingly more connected than previously thought.
‘Ideological sludge’: How NZ is quiet quitting climate action
17 Jul 2025
New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
Taranaki mayors want hydrogen kick-start from Wellington
Mon 28 Jul 2025
By Craig Ashworth, Local Democracy Reporter Taranaki mayors want central government to partner up with their councils to kick-start a hydrogen industry. This despite ongoing questions about the gas’s effectiveness in reducing carbon emissions.
Climate catastrophes are creating a ‘new market reality’ for insurance carriers
23 Jul 2025
Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.
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.
The ICJ’s ruling means Australia and other major polluters face a new era of climate reparations
Fri 25 Jul 2025
By Harj Narulla | OPINION: Australia has found itself on the wrong side of history.
All aboard for passenger rail in the golden triangle
Mon 28 Jul 2025
Media release – The Future Is Rail | New Zealand’s national passenger rail advocacy group, The Future is Rail, has announced its strong support for the Green Party’s proposal to establish a new passenger rail service connecting Auckland and Tauranga.
Urgent action needed to get on track for climate goals - commission
Fri 25 Jul 2025
By Shannon Morris-Williams | New Zealand is making progress on reducing greenhouse gas emissions, but more work is needed – urgently – to set up for future reductions, according to the latest report from the Climate Change Commission.
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.
Toxic algae are turning South Australia’s coral reefs into underwater graveyards
Tue 29 Jul 2025
Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline.
NZ govt’s fossil fuel plans could break international law
24 Jul 2025
By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.
Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’
11 Jul 2025
In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.
‘Total infiltration’: How plastics industry swamped vital global treaty talks
Mon 28 Jul 2025
Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet.
Media round-up
Fri 25 Jul 2025
In our round-up of the climate coverage in local media: Dairy conversions surge; Gore is hit with a drinking water crisis; meanwhile farming lobby groups Groundswell and Federated Farmers are up in arms about a plan to classify environmental impacts in the agriculture and forestry sector.
As US climate data-gathering is gutted, Australian forecasting is now at real risk
Wed 30 Jul 2025
As damage from climate change intensifies, political change overseas is threatening Australia’s ability to track what’s happening now, and predict what will happen next.
Activists sue US development bank over $4.6bn loan to massive Mozambique gas project
18 Jul 2025
Environmental groups claim loan is ‘unlawful’ in legal filing.
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.
China's carbon emissions may have peaked thanks to renewables push
Mon 28 Jul 2025
Climate experts say China's carbon emissions may have peaked, which could affect global climate targets, the fight against global warming – and the Australian coal industry.
Ocean heatwaves may signal climate tipping point
Fri 25 Jul 2025
A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.
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’.
Can robot taxis solve NZ's transport woes?
23 Jul 2025
By Shannon Morris-Williams | The Ministry of Transport has tested the idea of driverless taxis as a futuristic fix. But while new modelling explores how "robotaxis" could ease congestion and reduce car ownership, critics say it misses a crucial point – the country’s worsening transport emissions.
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
The struggle for control of the Arctic is accelerating - and it's riskier than ever
11 Jul 2025
As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.
UN University report warns against carbon credits from REDD, tree planting, and improved forest management
13 Jun 2025
But the report stops short of recommending banning the trade in carbon temporarily stored in trees.
For the first time, China invests more in wind and solar than coal overseas
29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
