Topics tagged with 'Carbon Credits'
Big UK polluters abusing EU carbon trading scheme
30 Jan 2009
Britain’s biggest polluting companies are abusing a European emissions trading scheme designed to tackle global warming by cashing in their carbon credits in order to bolster ailing balance sheets.
EU puts plan for global carbon trading system
30 Jan 2009
The European Union is calling on developed countries - particularly the US - to sign on to a global system for trading carbon credits to curb greenhouse gas emissions.
Deadline looms for owners to report deforestation
23 Jan 2009
Owners of pre-1990 forests have just over a week to report any deforestation last year as the government starts the massive job of accounting for changes in land use.
It's all win-win for no-till farmers, says scientist
20 Jan 2009
New Zealand farmers could be collecting carbon credits, cutting crop production costs and boosting yield all at the same time, says a New Zealand scientist.
Obey the law, minister tells confused forest owners
20 Jan 2009
Forestry Minister David Carter has told forest owners concerned about the vailidy of the the emissions trading scheme that they should obey the law.
Some Australian units hit the carbon market
20 Jan 2009
Australia put its toe in the water yesterday with a small trade in Australian Emissions Units (AEUs).
PwC buys international environment advisory firm
20 Jan 2009
PricewaterhouseCoopers has announced the acquisition of the US operations of Sustainable Finance Limited, an international advisory firm with operations based in America, Britain and Holland.
UN carbon trading scheme suspends reluctant Russia
16 Jan 2009
The immaturity of one of the United Nation’s flagship carbon trading schemes has been underlined after Russia was suspended from registering carbon credits on the international transaction log (ITL) as a result of unpaid fees.
Carbon credits available
13 Jan 2009
The following carbon credits are available from broker OMF Financial.
Latest Strip of CER’s 2008 – 2012 Vintage – Indicative Mid Prices
13 Jan 2009
Prices below are indicative, subject to change and subject to counterparty credit assessment.
Banks praise direct selling of carbon credits
16 Dec 2008
Trust Power’s direct marketing of its own carbon credits is being applauded in banking circles.
DOC has carbon credits deal for private companies
9 Dec 2008
The Department of Conservation is offering carbon credits to private companies involved in joint-venture forestry-regeneration projects.
Australian paper questions role of carbon trading
9 Dec 2008
A discussion paper released in Australia yesterday suggests that carbon trading alone will not be enough to stimulate a significant bioenergy industry in that country.
Nader: Why we need a global carbon tax
5 Dec 2008
If President Barack Obama wants to stop the descent toward dangerous global climate change, and avoid the trade anarchy that current approaches to this problem will invite, he should take Al Gore's proposal for a carbon tax and make it global, says veteran American consumer advocate Ralph Nader.
Foresters fear trading advice is a waste of time
2 Dec 2008
The forestry industry fears that the wrong kind of advice is stepping in to fill the vacuum left by the new government as forest owners struggle to come to terms with what New Zealand’s potential emissions trading turn-around might mean.
Entrepreneurial phase of CDM market over, says report
2 Dec 2008
The recession will put pressure on carbon-reduction projects and governments must make sure that their infrastructure investments are climate-friendly, says a new report released in London overnight.
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.
Green Party calls for national electrification plan
Mon 20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
Victorian Hydrogen announces Southland urea fertiliser project using coal
Wed 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.
$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.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
Mon 20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
Environment ministry straining under pressure of reforms and potential disestablishment
15 Apr 2026
The ministry responsible for New Zealand’s most significant resource management reform in a generation is doing so under institutional strain, compressed timeframes, and an uncertain future – including its own potential disestablishment.
Burning wood for power worse for climate than gas equivalent, report finds
Tue 21 Apr 2026
Research casts doubt on plans by the UK government to offer subsidies for carbon capture attached to the power source.
Clean energy pushes fossil-fuel power into reverse for ‘first time ever’
Wed 22 Apr 2026
Renewable energy has overtaken coal to become the world’s largest source of electricity in 2025, according to thinktank Ember.
Carbon ‘stockpile’ up 9 million in March quarter
10 Apr 2026
By Liz Kivi | The ‘stockpile’ of pollution permits (NZUs) in private accounts has increased by just over 9 million to almost 145 million since the end of 2025, according to the latest figures from the Environmental Protection Authority.
Latest emissions inventory: ‘Something has gone very wrong’
16 Apr 2026
By Liz Kivi | New Zealand’s greenhouse gas emissions in 2024 decreased by just 0.1% compared to 2023, in what an expert says is a “terrible result”, compared to faster progress in previous years.
Supply-side pressures and political uncertainty ahead for carbon market
7 Apr 2026
By Kristen Green | ANALYSIS: With failed auctions, a surge of new forestry registrations, and an election a few months away, the NZ ETS in 2026 will be subject to a mix of supply-side pressures and political uncertainty.
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.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
Tue 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.
Carbon price rises as lack of forestry credits hint at tightening supply
Tue 21 Apr 2026
By Liz Kivi | Prices on the secondary carbon market have rallied to their highest point in 2026, recovering to levels last seen in November last year, just before the Government announced it was unlinking the Emissions Trading Scheme from international climate goals.
NZ cleantech could match forests in emissions cuts – but funding gap looms
Wed 22 Apr 2026
By Shannon Morris-Williams | A handful of New Zealand cleantech startups could cut global emissions by 19.2 million tonnes a year by 2030, but a lack of capital is threatening to slow their scale-up, a new report shows.
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.
Climate change challenges laid bare for Southland
Wed 22 Apr 2026
By Matthew Rosenberg, Local Democracy Reporter | Southland faces a host of changes and challenges under the weight of climate change, a new report has revealed.
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.
Forest owners welcome next step in India trade deal
Tue 21 Apr 2026
Media release | The New Zealand Forest Owners Association (NZFOA) welcomes confirmation that legal verification of the New Zealand-India Free Trade Agreement has been completed, with both countries confirming the agreement will be signed on 27 April in New Delhi.
China warns strong El Nino this year may worsen global fossil fuel crisis
Wed 22 Apr 2026
This year’s El Nino could increase the global demand for fossil fuels and worsen the price rises caused by the Iran crisis, Chinese government scientists have said.
Going concern status flags depth of Methanex NZ's gas crisis
Tue 21 Apr 2026
Methanex's New Zealand operation is relying on financial support from its Canadian parent to remain a going concern after a second consecutive year of asset impairments left the business with negative equity.
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.”
Self-interest should drive investment in overseas climate action, says former climate commissioner
13 Apr 2026
By Liz Kivi | Wealthy countries – including New Zealand – aren’t doing nearly enough to fund climate mitigation in the developing world, with new research saying we need to "change the conversation" to spark action in this vital area.
A matter of strategy
7 Apr 2026
COMMENT: Even on the brink of a global commodities crisis, the possibilities for climate action aren't hopelessly foreclosed. Strategy can turn our fortunes around, writes David Hall.
Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row
2 Apr 2026
By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.
New alliance wants renewable-led energy – and Govt to press pause on LNG
9 Apr 2026
A newly formed coalition of business, consumer and energy organisations has unveiled a renewable-led strategy it says will strengthen the country’s energy security, and it’s calling on the Government to pause its plan for an LNG import terminal.
NZ prepares to join ‘gold rush’ for white hydrogen
25 Mar 2026
By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.
Media round-up
20 Mar 2026
In our round-up of climate coverage in local media: Crown lawyers agree High Court could quash emissions plan if found unlawful; NZ is locked in 'disaster inertia'; and climate change is notably absent from new development laws.
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.
Judge dismisses Trump administration’s bid to block Hawaii climate lawsuit
Mon 20 Apr 2026
It was the second defeat for the Trump administration’s unusual litigation to stop states from acting on climate change.
Tehran will never cede control of Strait of Hormuz, senior Iranian politician tells BBC
Tue 21 Apr 2026
"Never." That's when a senior Iranian lawmaker says they'll be ready to give up their control of the Strait of Hormuz.
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.
Climate pollution static but NZ still on track for first emissions budget, says MfE
Fri 17 Apr 2026
By Liz Kivi | New Zealand is still on track to meet its first emissions budget, according to the Ministry for the Environment, despite the pace of emissions reductions slowing to a standstill.
Media round-up
Fri 17 Apr 2026
In our round-up of climate coverage in local media: The fuel crisis is a chance for government to reduce greenhouse gas emissions, what would it take to tap into New Zealand's oceans energy, and which political parties would subsidise your rooftop solar panels?
Govt moving to two-yearly ETS updates
Wed 22 Apr 2026
The Government is moving to update ETS settings every two years, rather than each year as it does currently, as part of upcoming changes to climate legislation.
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.
Critical Atlantic current significantly more likely to collapse than thought
Fri 17 Apr 2026
The critical Atlantic current system appears significantly more likely to collapse than previously thought after new research found that climate models predicting the biggest slowdown are the most realistic
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?
Steel sector targets 90% emissions cut by 2050
Wed 22 Apr 2026
By Shannon Morris-Williams | The steel industry has set out how it plans to decarbonise across the value chain, targeting a 90% cut by 2050.
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
Mon 20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
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.
Environmental groups launch legal action over Govt's 'tick-box approach' to conservation land
8 Apr 2026
By Liz Kivi | Forest & Bird and the Environmental Defence Society are taking the Government to court over decisions about the future of publicly-owned land on Te Tai Poutini/the West Coast.
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.
AI surge gives carbon capture a new push
15 Apr 2026
Technology that captures carbon emissions from power plants may finally get a breakthrough as deep-pocketed tech companies try to meet climate goals while powering the AI race.
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.
Electric car sales soar 51% in mainland Europe as Iran war drives up fuel prices
Wed 22 Apr 2026
Buyers’ interest in electric cars has risen across Europe since the start of the war in Iran in late February, as the rising cost of petrol highlights the cheaper power available from a plug.
India walked away from its bid to host COP33 – here's why
16 Apr 2026
India has quietly abandoned its bid to host the UN's top-tier climate conference COP33, marking a shift from PM Narendra Modi's pledge in 2023. Experts and analysts explore what's behind the decision.
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.
Extreme weather in Wellington ‘a different beast’
Tue 21 Apr 2026
By Liz Kivi | Climate scientist Luke Harrington says the small-scale but intense floods which have slammed the capital in recent days are the kind that intensify most rapidly in a warming climate – and are the hardest to predict.
AI tool predicts wildfire danger faster than current systems
26 Mar 2026
Media release | A wildfire forecasting system powered by artificial intelligence could help detect dangerous fire conditions earlier and reduce the cost of wildfire response, according to new research from Te Whare Wānanga o Waitaha | University of Canterbury.
Record 165 GW of wind power capacity added in 2025, led by China, report says
Wed 22 Apr 2026
The global wind industry installed a record 165 gigawatts of new capacity last year, up 40% from 2024 and mostly driven by China, a report by the Global Wind Energy Council said, adding this still lagged the pace needed to hit a key climate goal.
