Topics tagged with 'Carbon Credits'
Hold on to your carbon credits, experts advise
21 Nov 2008
New Zealanders shouldn’t buy or sell carbon credits until the Government’s plans for the emissions trading scheme are clear, says a prominent law firm.
Voluntary carbon market first to embrace REDD
21 Nov 2008
The Voluntary Carbon Standard (VCS) has become the first global carbon accounting standard to introduce robust rules designed to unlock vital funding for credible agriculture, forestry and other land use (AFOLU) projects.
Business council not surprised by ETS review
21 Nov 2008
Business leaders not surprised by emissions trading review, but concerned about suspending the act, says the Business Council for Sustainable Development.
Big Three power companies silent on changes
18 Nov 2008
Most power companies are remaining tight-lipped in the wake of news that the National-led government will scrap the ban on new non-essential fossil-fuelled power stations and will review the emissions trading scheme.
China outlines plans for domestic carbon trading
18 Nov 2008
Chinese officials claim their government will establish a nationwide carbon trading scheme.
Review of climate change law applauded
18 Nov 2008
Business welcomes the National government’s rapid move to reviewing the emissions trading scheme as they promised, the Employers and Manufacturers’ Association (Northern) says.
Nervous foresters: We don't want policy flip-flops
31 Oct 2008
Foresters awaiting regulations due to released at the end of the year in order to make firm calculations of their carbon credits and liabilities fear that a new government might turn the existing policy on its head.
Goldman Sachs in pact with carbon-market firm Blue Source
31 Oct 2008
Goldman Sachs Group has signed a strategic alliance with Blue Source, a developer of projects to help companies to offset their greenhouse gas emissions.
Forest owners could benefit from weak carbon prices
28 Oct 2008
Falling world carbon prices could work to the advantage of New Zealand forest owners.
Britain to auction first carbon allowances next month
24 Oct 2008
The British government has announced it will auction its first batch of carbon credits under the Emissions Trading Scheme next month.
Nasdaq buy-out leads it into emissions trading market
24 Oct 2008
Exchange operator Nasdaq OMX Group has announced that it will use assets from a recent acquisition to move into energy and carbon derivatives.
The United Group branches out into carbon
24 Oct 2008
The Fortis Intertrust’s carbon team has moved to the Amsterdam-based United Group, and has launched a carbon financial services business.
Carbon slumps on back of weak oil and recession fears
22 Oct 2008
Carbon prices continued to slump overnight on the back of weak oil and growing recession fears.
Current carbon credits available
22 Oct 2008
Broker OMF Financial has the following carbon credits available:
Latest Strip of CER’s 2008 – 2012 Vintage – Indicative Mid Prices
22 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.
Tsakounis Global to investigate JI coal methane projects in Australia.
22 Oct 2008
Following the recent passing of the New Zealand Emissions Trading legislation, Environmental Intermediaries & Trading Group Limited has appointed Tsakounis Global to investigate Joint Implementation Projects for Coal Mine Methane in Australia.
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.
Carbon markets risk penalising Indigenous stewardship, researchers warn
Thu 5 Mar 2026
Carbon markets designed to reward environmental restoration may be unintentionally disadvantaging Indigenous communities who have long protected intact ecosystems, according to new research.
Grasslands and wetlands are being gobbled up by agriculture, mostly livestock
Wed 4 Mar 2026
A new study takes a first-of-its kind look at how farming converts non-forested areas and major carbon sinks into cropland and pasture.
Auckland Airport switches on giant heat pump system to cut gas use
Fri 6 Mar 2026
By Shannon Morris-Williams | While Auckland Airport’s switch from gas to heat pumps is welcome, the emissions savings are dwarfed by ongoing aircraft emissions, which are set to rise, according to a sustainable transport expert.
Air NZ joins Marsden Point SAF project
Tue 3 Mar 2026
By Pattrick Smellie | Air New Zealand has quietly added its name to a consortium exploring the viability of green hydrogen production for sustainable aviation fuel at Channel Infrastructure’s Marsden Point energy hub.
Half of nations meet UN deadline for nature-loss reporting
Wed 4 Mar 2026
Half of nations have met a UN deadline to report on how they are tackling nature loss within their borders, Carbon Brief analysis shows. This includes 11 of the 17 “megadiverse nations”, countries that account for 70% of Earth’s biodiversity.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
China sets cautious climate target as carbon deadline looms
Fri 6 Mar 2026
China, the world’s top polluter, set a cautious new climate target for the rest of the decade, frustrating hopes for tighter policy that would accelerate the nation’s work to curb emissions.
Bidders no-show at carbon auction – again
Tue 3 Mar 2026
By Liz Kivi | As predicted, today’s carbon auction yet again failed to attract any bidders, with NZUs currently trading hands on the secondary market at a 35% discount on this year’s auction floor price.
3,600 times faster: China is shaking up the steel industry
25 Feb 2026
For over a century, making steel meant coal, heat, and hours of waiting. A Chinese research team now reports collapsing that process into just three to six seconds; no coal, near zero emissions, and a vortex lance already moving toward commercial production. The technology is called flash ironmaking, and in February 2026, its implications are still unfolding.
LNG: a rational choice compared to unpalatable alternatives
10 Feb 2026
By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.
Sustainable retail-office project breaks ground under new Green Star framework
19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
Unusual scarcity drives early 2026 NZU rally
Thu 5 Mar 2026
By Pattrick Smellie | The New Zealand carbon price has recovered since its late 2025 collapse, although the rally is driven by scarcity rather than confidence in market settings.
Rule changes could reshape corporate emissions strategies
Fri 6 Mar 2026
By Shannon Morris-Williams | New Zealand organisations may need to rethink how they manage and report electricity-related emissions as proposed global accounting changes take shape, according to a new report.
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.
Global coastal sea-level risks may be underestimated, say scientists
Thu 5 Mar 2026
By Shannon Morris-Williams | Coastal communities across the Pacific and Southeast Asia could be facing greater sea-level rise risks than previously estimated, researchers say.
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.
The 15 foods destroying rainforests, in one simple chart
25 Feb 2026
It’s pretty much impossible to live a life free of environmental harm. But there is one thing you could do immediately that would help the planet a heck of a lot: eat less beef.
A gas shock – not an oil shock – from the Iran war looks more threatening
Wed 4 Mar 2026
Europe and Asia will take an economic hit if the supply of Qatari LNG is halted by the closure of the strait of Hormuz.
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.”
Gaps in adaptation taxonomies hinder climate finance in Asia: report
Thu 5 Mar 2026
Without clearer criteria and metrics in adaptation taxonomies, Asia risks widening its climate financing gap, warns a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
Surviving on Trump's dangerous planet
Mon 2 Mar 2026
COMMENT: Yet another war, and yet another argument for an end to oil.
Claims that AI can help fix climate dismissed as greenwashing
18 Feb 2026
Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
Media round-up
13 Feb 2026
In our round-up of climate coverage in local media: Senior UK ministers have asked their New Zealand counterparts to explain new climate policies, National’s LNG blunders are a warning ahead of election campaign, and what are the lessons New Zealand should take from another summer of weather disasters?
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
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.
EDS puts environmental lawmaking under the spotlight
26 Feb 2026
Media Release |The Environmental Defence Society has launched the first in a series of investigative pieces into how environmental laws are being made in Aotearoa New Zealand.
Climate 'dream team' launches foundation targeting 100 million tonnes in emissions cuts
25 Feb 2026
By Shannon Morris-Williams | The New Zealand Climate Foundation, which has the ambitious aim of cutting 100 million tonnes of greenhouse gas emissions by 2035, had its official launch on Monday.
China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom
25 Feb 2026
China’s grip on rare earths might finally see some competition, and the world is already taking notice.
Carbon auction set to be another non-event
Mon 2 Mar 2026
By Liz Kivi | Tomorrow’s Emissions Trading Scheme auction – the first for 2026 – is set to be a non-event, with secondary market prices more than $25 below this year’s $71 auction floor price.
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.
Tiny, lost and constipated: what a baby turtle told Australian scientists about warming seas
Fri 6 Mar 2026
The arrival of loggerheads in New South Wales shows these ‘sentinels of climate change’ are being forced into unknown territory.
The world’s largest climate finance deal was built to flounder: why funding fails to reach the front‑line
Fri 6 Mar 2026
Adopted in December 2015, the Paris Agreement commits countries to keeping global temperature rise below 2°C above pre-industrial levels.
Kiwis overly optimistic about state of environment
27 Feb 2026
By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.
‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics
24 Feb 2026
Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?
Should we tax the rich to pay for climate costs? Poll says yes
Fri 6 Mar 2026
By Shannon Morris-Williams | New polling has found most New Zealanders support higher taxes on the ultra-rich to help fund public goods such as healthcare, housing and climate action.
Families will pay more without clean car standard
Fri 6 Mar 2026
Media release | The Green Party says scrapping the Clean Car Standard will mean New Zealanders end up paying more to run their cars.
Media round-up
20 Feb 2026
In our round-up of climate coverage in local media: 'Every tonne matters': The climate scientist who wants to give you hope; Minister says managed retreat is an option; and climate change is here – is New Zealand ready?
Brazil and India agree to boost cooperation on rare earths
24 Feb 2026
Brazil and India sealed a deal Saturday on critical minerals and rare earths, enhancing cooperation on crucial resources between two major countries of the global south as they seek to diversify their trading relationships.
PPA template aims to cut transaction costs and accelerate renewable investment
Fri 6 Mar 2026
Media release – DLA Piper | An energy industry initiative led by BusinessNZ Energy Council, Zeale (formerly EVA Marketplace) and DLA Piper has released New Zealand’s first publicly available, standardised template for corporate power purchase agreements (PPAs), designed to reduce transaction costs and unlock more financing to accelerate renewable energy projects.
High-tech flights tackle climate modelling dilemma
Mon 2 Mar 2026
Media release – University of Canterbury | An ongoing challenge in global climate modelling is being addressed by HALO-South a German-Christchurch collaboration.
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.
NZ-UAE partnership boosts advanced tech
9 Feb 2026
Media release | A new Antarctic science partnership with a leading UAE university will grow New Zealand’s advanced engineering and modelling capability, supporting high-value jobs, encouraging economic growth, and enabling smarter climate risk management, Science, Innovation and Technology Minister Dr Shane Reti says.
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.
Solar-powered truck charging gains ground on South Africa’s freight corridors
Wed 4 Mar 2026
Africa’s freight corridors, long dominated by diesel trucks and constrained by unreliable power grids, are emerging as a new frontier in the global shift toward clean logistics, with solar-powered charging hubs designed specifically for heavy-duty electric trucks.
World leaders invited to see Pacific climate destruction before COP31
Tue 3 Mar 2026
The leaders and climate ministers of governments around the world will be invited to meetings on the Pacific islands of Fiji, Palau and Tuvalu in the months leading up to the COP31 climate summit in November.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Empty emergency reserve forces $6.1m flood repair loan
Mon 2 Mar 2026
By Kira Carrington, Local Democracy Reporter | A depleted emergency fund has forced Marlborough to borrow $6.1 million to repair damage from last year's floods.
Study finds warming world increases days when weather is prone to fires around the globe
20 Feb 2026
The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a new study shows.
Western Australian communities want mandatory payments from new renewable developments
Fri 6 Mar 2026
The West Australian government wants to make new wind and solar farms pay into community funds, but host towns say more work needs to be done to make sure the payments actually happen.
