Topics tagged with 'Carbon Credits'
Montreal adds environmental futures contracts
3 Jun 2008
Traders can now add environmental futures contracts into their portfolio with the Montreal Climate Exchange's (MCeX) introduction of carbon dioxide equivalent units into financial markets on Saturday NZ time.
US study: US$35 per ton carbon price will cut emissions 10%
3 Jun 2008
A new analysis by researchers at Carnegie Mellon University’s Tepper School of Business shows possible positive short-term effects of establishing a mandatory price for CO2 emissions inthe United States.
Go carefully on soil carbon sequestration - officials
30 May 2008
Soil-storage of carbon mightn’t be the answer to farmers’ prayers for a solution to agricultural greenhouse-gas emissions, and New Zealand must use caution in any decision to move into soil credits, officials say.
MARKET REPORT: Multiple factors push carbon price higher
30 May 2008
A combination of factors conspired to push carbon prices higher today.
Aussie Carbon Planet credit brokers breeze into local market
30 May 2008
Carbon Planet of Australia has begun marketing itself in New Zealand - and says carbon will be the world's biggest commodity by 2012.
Banrock Station boss: make money by carbon sinking local reserves
30 May 2008
Money should be made from reserves by turning them into carbon sinks.
Who's doing emissions quality control at the quality controllers' shindig?
30 May 2008
Who do you get to do emissions quality control on New Zealand Organisation for Quality?
Carbon credit costs will skyrocket if no international trade
29 May 2008
An official report on the leading US using emissions trading bill says carbon credit costs could go up 93% if international trading in the credits is not allowed.
MARKET REPORT: Carbon fails to rebound after oil dips then rises
29 May 2008
Carbon weakened early in the face of lower oil prices and failed to rebound when oil traded higher.
True cost of personal carbon card plan revealed
29 May 2008
New reports in the UK say an MPs’ idea to issue every citizen there with a personal carbon card will cost up to NZ$6 billion to set up, and the same amount to run each year.
Comms company looks to install solar panels on customers' roofs
29 May 2008
Cox Communications has announced initiatives to cut energy costs that include adding solar electricity to its headquarters and communications system and increasing fuel efficiency in its fleet vehicles.
Global carbon market heading for e500 billion by 2020
28 May 2008
IDEAcarbon says global carbon market value could reach 500 billion euros by 2020.
G8 environment ministers fail to set emissions cut target
28 May 2008
A three-day meeting of G8 environment ministers in Japan has concluded with a familiar call for nations to agree on goals to cut emissions.
Parker rules out personal carbon rationing
27 May 2008
Climate Change Issues Minister David Parker is ruling out a personal carbon emissions trading scheme here.
No early mad rush for Energy Mad's household emission credits
27 May 2008
The first ever online auction of voluntary carbon credits created by demand side energy efficiency projects in New Zealand is off to a slow start.
Forum heads to the select committee
26 May 2008
A high-powered group of business and community leaders who back an emissions trading scheme will appear before the finance and expenditure select committee today to answer questions from MPs.
NZ MARKET REPORT: Prices drift ahead of European long weekend
26 May 2008
Carbon prices drifted ahead of a long weekend in Europe and the US. Oil was slightly higher but off recent highs and it had minimal impact on the direction of carbon – the market was quiet and volume was light in both EUAs and CERs.
Survey reveals how much would you pay for 2008-2012 CER strip
26 May 2008
How much would you currently pay per CER for the 2008-2012 strip?
Bullish carbon prices expected to continue
26 May 2008
Broker IDEAcarbon expects market billishness to continue.
Fiscal forecast: ETS will lose Govt $121m net in first commitment period
23 May 2008
The Government will allocate $2,151 million in emission credits and earn $2,030 million from them in the first Kyoto commitment period, making a net loss of $121 million.
Carbon price climbs again today on back of firm energy markets
22 May 2008
Carbon prices climbed again today on the back of firm energy markets, especially oil and the projected undersupply of CERs going forward.
Australia's first carbon trade cheap and symbolic
22 May 2008
Australia’s first carbon trade was well below international market levels and should be viewed as largely symbolic, says local trading house OM Financial.
Get soil recognised as carbon storer, say scientists
21 May 2008
Scientists working on quantifying the carbon-storage potential of New Zealand soils are urging officials to start work now on getting soil recognised in the next round of climate-change protocols.
NZ MARKET REPORT: Prices edge up on back of rocketing oil
21 May 2008
The carbon market edged higher today on the back of a rocketing oil price and overall the outlook for carbon is bullish, according to carbon broker OMFinancial.
US' biggest coal burning power firm to turn cow dung into carbon credits
21 May 2008
The American Electric Power company is going to trap methane from cow manure in a bid to earn emission credits.
Fed Farmers pushes to have soil carbon sequestration included in ETS
20 May 2008
Federated Farmers is calling for a greater push toward getting soil recognised as a legitimate method of storing greenhouse gases, saying that it would be a boon to farmers struggling to deal with emission from animals.
Trading in the dark is no place for the nervous
19 May 2008
Carbon may well be the world’s fastest growing traded commodity, and will one day be the biggest, but right now it’s no place for the faint-hearted, as the ever-growing ranks of carbon traders are finding.
The Global carbon trading market takes flight
16 May 2008
Paul Ezekiel travels regularly from his Manhattan office to emerging markets like China and Brazil, prospecting for clean energy projects.
NZ MARKET REPORT: CER price closes 11 euro cents up
14 May 2008
Divergence was the order of the day in the carbon market as CERs rose strongly again on fears of a projected CER shortfall from CDM projects whilst EUAs gave up ground in the face of firmer coal prices and flat gas and power prices
Smelter submission actually supports ETS, makes special pleadings
13 May 2008
ANALYSIS. - The operator of New Zealand’s only aluminium smelter supports New Zealand’s desire to introduce an emissions trading scheme.
Little point in NZ carbon trading currency, says business group
13 May 2008
A second major business group is suggesting that New Zealand should be using international carbon instruments instead of creating its own currency.
NZ MARKET REPORT: Emission prices rise again on back of oil, gas
13 May 2008
Carbon prices rose again yesterday as initial strength in oil and gas prices impacted right across the board albeit on light volume, according to OMFinancial's market report..
NZ emitters urged to hedge rising carbon price and falling NZ dollar
12 May 2008
The carbon market firmed right across the board on Friday as rocketing oil prices impacted on the entire energy complex.
Canada could hook into Europe carbon trading system
12 May 2008
Canada has its eyes on a possible hookup with the European Union’s carbon trading system as it crafts its own mechanism for exchanging emissions credits.
Britain puts personal carbon trading scheme on ice
12 May 2008
The British government has backed away from a carbon-trading scheme for all citizens.
Big players flood Europe's cap-and-trade-emissions market
12 May 2008
The success of Europe's thriving market in trading carbon emission credits highlights a major area of innovation there -- and a rare instance where making money and helping the planet go hand in hand.
Falling dollar, weakening CDM hurt NZ carbon investors
9 May 2008
New Zealand’s international carbon investors took a double whammy yesterday, with a falling dollar driving up the local cost of carbon, and news of a weakening international Carbon Development Mechanism (CDM) market.
New poll: Kiwis like ETS delays but want heavy emitters to pay now
9 May 2008
New Zealanders approve of the Government’s billion-dollar decision to delay bringing transport into the emissions trading scheme – but think that heavy emitters should be facing the cost of their emissions now.
Transport delay seen as threat to carbon currency
9 May 2008
The viability of the proposed New Zealand carbon currency, NZU, is threatened by the Government’s decision to delay bringing transport into the emissions trading scheme for another two years, says the Sustainability Council.
MARKET REPORT: Oil drives across-the-board carbon price rise
8 May 2008
Continued strength in oil prices saw carbon prices strengthen right across the board yesterday, according to New Zealand broker OMFinancial.
EC fires warning shot to Greece about poor greenhouse gas monitoring
8 May 2008
Greece has received a warning from the European commission for failing to provide adequate monitoring of greenhouse gases emissions which is needed to comply with UN regulations laid out under the Kyoto protocol, a commission spokesperson confirmed.
Government ETS moves will batter forestry Kyoto credit values
7 May 2008
Forest owners expect the value of their hard-won Kyoto carbon credits to plummet as a result of yesterday’s announced changes to the emissions trading scheme, with the likely result that few new forests will be planted.
Non-committal Nats happy to play the waiting game
7 May 2008
National says it is carefully avoiding “running the politics” on climate change and won’t finalise its climate-change policy until at least July, when it sees Australia’s proposals.
Indigenous groups blast UN over carbon trading
7 May 2008
The United Nations is facing scathing criticism from the world's indigenous communities for its attempts to promote carbon trading as a tool to address climate change concerns.
Dutch mull over specific greenhouse gases for taxation
7 May 2008
The Netherlands is mulling over whether to build into its new controversial environment tax a specific levy linked to climate-changing nitrogen oxide (NOx) emissions.
Asia's disappearing rainforests ‘an appalling crisis’
7 May 2008
The wanton destruction of Asia's rainforests is “one of the worst crises since we came out of our caves 10,000 years ago,” foresters have been told at an international meeting in Hanoi.
Heavy-emitters should buy now, says carbon trader
6 May 2008
New Zealand’s top 200 greenhouse-gas heavy emitters should be buying carbon credits now to protect against likely price rises as the emission trading scheme starts to kick in, says a leading leading carbon trader.
Overnight prices indicate real Kyoto bill more than $1.5 billion?
6 May 2008
New Zealand’s true Kyoto liability might be closer to $1.5 billion, based on current emission credit prices.
Change in policies and pace call after Kyoto bill breaks billion dollar barrier
6 May 2008
Government is being urged to more quickly adopt emission-cutting policies, like public transport and home insulation, to help avert part of the now billion dollar Kyoto climate change bill, while National is calling for "a new direction".
'Enemies' unite in plea for leadership on climate change
2 May 2008
Two lobbyists usually found on opposite sides came together last night in a call for national leadership, co-operation and unity on climate change for the sake of all New Zealanders.
UN limits staff at COP30 climate summit over accommodation concerns
Fri 19 Sep 2025
High hotel prices for Brazil's COP30 climate summit in November have prompted the United Nations to urge its staff to limit attendance, while government delegations are still scrambling to find rooms within their budgets.
Govt passes law to limit farm-to-forest conversions
Fri 19 Sep 2025
By Shannon Morris-Williams | The Government has passed legislation intended to limit farm-to-forest conversions in the Emissions Trading Scheme, with ministers saying the changes “restore balance,” while opponents call it a band-aid that risks climate targets.
NZ needs to be part of a regional SAF strategy: Z, Air NZ
9 Sep 2025
By Pattrick Smellie | New Zealand needs to be part of a regional strategic approach to sourcing sustainable aviation fuel (SAF), with domestic production less the aim than ensuring access to the fuel from one of a number of strategically positioned bio-refineries around the world.
'Non-negotiable' – EU carbon pricing to hit Kiwi exporters, expert warns
11 Sep 2025
By Shannon Morris-Williams | High carbon exports will inevitably face a high carbon tax at the EU border, possibly in the next five years, and high methane agricultural products might not be exempt, an international expert told a local audience yesterday.
UK foreign aid for nature hits £800m record due to cash for carbon credits
Tue 16 Sep 2025
The UK’s climate-aid spending on “nature protection and restoration” reached record levels of nearly £800m last year, according to government figures obtained by Carbon Brief.
Researchers say sealing old oil wells with bio-oil from crop waste is a dual carbon-removal solution
Fri 19 Sep 2025
A new analysis shows that oil made from corn husks, wood chips, and other waste could plug greenhouse gas-belching abandoned oil wells while sequestering carbon for about $152 per ton.
EU set to miss UN deadline for new target under Paris climate accord
Fri 19 Sep 2025
The delay is intended to allow countries more time to agree to an ambitious goal.
Carbon price steady after failed quarterly auction
Tue 16 Sep 2025
By Liz Kivi | The carbon price has continued to trade in its familiar moribund range in the high $50s following last week’s failed quarterly auction, with ample supply still trading on the secondary market at about $10 below this year’s $68 auction floor.
Industry struggles with double-digit power price hikes
Mon 15 Sep 2025
As power prices surge by double-digit amounts for the second year in a row, industrial users can’t keep absorbing cost increases, the Major Electricity Users’ Group says.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
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.”
Watts not considering removing electricity from ETS
Tue 16 Sep 2025
Energy and Climate Change Minister, Simon Watts, says he is “not currently considering” removing electricity generation from the Emissions Trading Scheme, as proposed by NZ First Minister Shane Jones.
Gentailers told to behave as ministers weigh Frontier review
Wed 17 Sep 2025
The chief executives of Contact, Meridian, Mercury and Genesis met Energy and Climate Change Minister Simon Watts on Thursday for their regular monthly session.
Declining sea-ice is altering Antarctic food webs
11 Sep 2025
A new study shows a significant change in Antarctic phytoplankton over time that could cascade through the marine food web and affect the ocean’s capacity as a carbon sink.
Lobby group launches ‘blueprint’ for ocean management reform
Thu 18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Marginal drop in last year's regional emissions
27 Aug 2025
Regional greenhouse gas emissions were down slightly last year, with a fall in gas supply leading to a big drop in Taranaki, but more coal burnt leading to higher emissions in Waikato, according to new figures from Stats NZ
Australia leapfrogs NZ on climate ambition
Fri 19 Sep 2025
By Liz Kivi | Lawyers for Climate Action say Australia’s new 2035 climate target should be a wake-up call for ‘clean, green’ New Zealand.
Exxon and Shell sue the Netherlands in secret tribunals for closing Europe’s biggest gas field
Fri 19 Sep 2025
Following billions in profits and over a thousand gas extraction-related earthquakes, the oil and gas giants filed claims against the Dutch state in four separate investor-state disputes concerning compensation for home damages and the permanent closure of the Groningen gas field.
A modest geothermal strategy
31 Jul 2025
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
Why mega-polluters have little to fear from the European Central Bank and its new climate policy
12 Sep 2025
The European Central Bank plans to raise borrowing costs for climate offenders – but a new FTM analysis shows that big polluters such as Shell will barely feel it.
Science cuts will hold back climate research
Wed 17 Sep 2025
By Liz Kivi | A crisis in government-backed science funding is worsening, with dire implications for climate research in New Zealand, according to experts from the scientific community.
Media round-up
5 Sep 2025
In our round-up of climate coverage in local media: The great methane debate; law change scuppers legal challenge to irrigation scheme consent; and what are the energy and climate implications of the $7.5 billion Amazon Web Services data centre deal?
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
Hiringa eyes green methanol plant near Whanganui
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.
Media round-up
29 Aug 2025
In our round-up of climate coverage in local media: Changes to road user charges will increase New Zealand's emissions; Climate Change Minister Simon Watts promises better access to hazard data for homeowners; and Kiwis borrow over $1 billion in ‘green loans’ for heat pumps and electric cars.
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.
Young activists won a landmark state climate trial. Now they’re challenging Trump’s orders
Thu 18 Sep 2025
Young climate activists and their attorneys who won a landmark global warming trial against the state of Montana are trying to convince a federal judge to block President Donald Trump’s executive orders promoting fossil fuels.
Forest carbon stores massive blind spot - study
4 Sep 2025
By Shannon Morris-Williams | Aotearoa New Zealand’s planted forests hold significant deep soil organic carbon — with over half of it stored below 30 cm, and much of it over 1,000 years old.
Govt tweaks offshore energy bill with 'declared areas' model
Wed 17 Sep 2025
By Shannon Morris-Williams | The Government is making changes to the Offshore Renewable Energy Bill to address offshore wind developers' concerns about competing for space with other industries.
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.
A steady ocean pattern just failed for the first time ever observed
Wed 17 Sep 2025
The failure of the Gulf of Panama’s seasonal upwelling system has left scientists wondering what happens next.
Australia's 2035 climate targets on path to net zero judged by the experts
Fri 19 Sep 2025
After much anticipation, Australia has set its new climate targets: a reduction of 62 to 70 per cent within the next 10 years.
‘Plastic Cup’ competitions are cleaning up rivers in Hungary
1 Sep 2025
Afloat on DIY boats, teams of volunteers have removed over 450 tons of plastic waste from the Danube and its tributaries.
Can certificates solve NZ's heavy vehicle emissions problem?
Thu 18 Sep 2025
By Shannon Morris-Williams | The Sustainable Business Council has launched a new framework for a national system to cut freight emissions.
Climate change collaboration and competition law
Thu 18 Sep 2025
By Pattrick Smellie | The revamped competition law regime needs to be able to take into account the benefits of companies that collaborate for action on climate change, says the panel that reviewed both the Commerce Commission and the Commerce Act.
Underestimating support for climate action limits political decision making, study says
8 Sep 2025
Research reveals huge disparity between perceived and actual willingness of public to contribute to fixing climate.
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.
One city’s race to ‘solarise everything we possibly can’
Thu 18 Sep 2025
Bordeaux is quickly transforming itself into France’s top solar-powered city, banking on innovations like transparent panels that preserve its historic architecture.
Turning squashed bugs into climate change data
Fri 19 Sep 2025
Media release: University of Auckland | What if the insects you hit with your car could contribute to research on climate change?
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’.
Ara Ake backs 13 projects to unlock NZ’s energy flexibility
11 Sep 2025
Media release | Ara Ake has approved over $600,000 in funding from the National Flex Discovery Fund for 13 flexibility service providers (FSPs).
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
Most EU carmakers on track to meet emission targets: study
10 Sep 2025
Almost all European carmakers are on track to meet EU emission targets after winning a reprieve this year as electric vehicles (EV) sales pick up, a study showed.
Echo Tech secures growth investment to tackle NZ's e-waste crisis
Mon 15 Sep 2025
Media release | Echo Tech Limited, New Zealand’s leading provider of e-waste recycling and IT asset recovery services, is proud to announce a strategic investment from growth equity firm Altered Capital.
La Niña set to prolong NZ hydro shortfall
9 Sep 2025
By Shannon Morris-Williams | With La Niña favouring a drier-than-normal spring across much of the South Island, hydro lakes are unlikely to recover without substantial rain and late snowmelt – keeping national storage levels below average.
Record UK wildfires have burned an area twice the size of Glasgow in 2025
12 Aug 2025
Wildfires have scorched more than 40,000 hectares of land so far this year across the UK – an area more than twice the size of the Scottish city of Glasgow.
Which countries are scaling solar and wind the fastest?
12 Sep 2025
The leaderboard is quite different depending on what metric you look at.
