Topics tagged with 'Carbon Credits'
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.
We'll fight for our forest rights, owners warn ETS policy-makers
25 Jul 2008
Kyoto Forest Owners say they will wage war if either major political party reneges on promises over carbon credits worth millions of dollars.
ANALYSIS: Heavy emitters and National scoring major own goal
25 Jul 2008
The little-covered press release issued by the Kyoto Forestry Association this week, seeking major-party assurances its members will still get hundreds of millions of dollars worth of carbon credits, speaks of the unspeakable position anti-emissions trading campaigners have got themselves and others into.
California joins major North American effort to curb greenhouse gases
25 Jul 2008
California, six other Western states and four Canadian provinces will launch a market-based carbon trading system in a major North American effort to cut greenhouse gas emissions that cause global warming, according to a draft proposal released yesterday.
Kyoto foresters seek assurances on Labour and National's carbon credit promises
25 Jul 2008
The Kyoto Forestry Association (KFA) is seeking assurances from the Labour and National parties that their 2007 promises to post-1989 forest owners, worth hundreds of millions of dollars, can continue to be relied upon.
Smog-clogged Mexico City promises to reduce greenhouse gases
22 Jul 2008
The government of notoriously polluted Mexico City is promising to cut harmful greenhouse gas emissions 12 per cent by 2012.
Carbon trader helps landowner win funding for gas emissions study
18 Jul 2008
Greenair, the international carbon-trading company, has been closely involved in a foundation’s successful bid for public funds to measure carbon dioxide emission levels in trees.
Long-haul airlines to get carbon relief from Europe
18 Jul 2008
Airlines flying long-haul to Europe will get extra allocations of carbon credits under the European emissions trading scheme, says the European Commission to New Zealand.
World won't buy ETS dream, top economist tells Aussies
15 Jul 2008
Australians are being told by one of the world’s leading economists that the world will never support an emissions trading regime.
Braver than Kiwis, British Columbians start paying carbon tax on fuel
8 Jul 2008
Canada’s British Columbian state government’s new carbon tax came into effect last week, indicating how the New Zealand may have missed a chance to introduce carbon prices here with limited public opposition.
Seoul aims for voluntary compliance with greenhouse gas protocols
8 Jul 2008
South Korea plans to seek flexible and voluntary compliance with the international effort to cut back on greenhouse gases, the country's climate change ambassador said yesterday.
China 2: First try at emissions trading exchange falls over
4 Jul 2008
The creation of China's first emissions trading exchange has been postponed indefinitely amid disagreements on foreign ownership in the bourse.
Stern claims cost of curbing climate change has doubled
1 Jul 2008
Lord Stern has warned that the cost of avoiding dangerous levels of global warming has doubled since he published his influential report on the economics of climate change in late 2006.
Toyoto NZ believes it still has the ‘green’ advantage
27 Jun 2008
Toyota New Zealand still feels it has the edge when it comes to ‘green’ vehicles, despite recent claims by some luxury car manufacturers.
US dairy industry commits to reducing greenhouse gas emissions
27 Jun 2008
United States dairy leaders yesterday announced an industry-wide commitment and action plan to reduce fluid milk's carbon footprint while increasing business value from farm to consumer.
Carbon weakens across board as oil prices fall
26 Jun 2008
Carbon weakened further across the board today as oil prices fell in the face of higher inventories.
Latest strip of CER’s 2008 – 2012 Vintage – indicative mid prices
26 Jun 2008
OMF prices below are indicative, subject to change and subject to counterparty credit assessment.
Palmerston North sells landfill credits to Toyota
24 Jun 2008
The Palmerston North City Council’s sale of 4500 carbon credits from its Awapuni landfill to Toyota New Zealand follows an earlier and pioneering sale of carbon credits to the Austrian Government two years ago.
National's full minitory report on ETS bill
16 Jun 2008
National has released its miniority report on the ETS bill.
The Bill in full
16 Jun 2008
The 328 page emissios trading bill has been reported back to Parliament.
Overall, the market feels well bid
16 Jun 2008
A mixed bag on the energy markets saw carbon weaken slightly ahead of the weekend.
Latest strip of CER’s 2008 – 2012 Vintage – indicative mid prices
16 Jun 2008
Indicative prices below are subject to change and subject to counterparty credit assessment.
Current Carbon Credits Available
16 Jun 2008
NZ broker OMF has the following carbon credits available:
Secondary market eyed in carbon underwriting and guarantees
12 Jun 2008
Financial services executives are tentatively looking forward to a secondary market in the ETS sphere focused on underwriting and guarantees.
Kiwis don't know their credits from their offsets
12 Jun 2008
Most New Zealanders are confused about carbon terminology.
First personal carbon trading scheme launches
11 Jun 2008
The world's first real time personal carbin trading scheme has launched.
International carbon reduction and offset alliance forms
11 Jun 2008
Eight of the world’s leading carbon reduction and offset providers have formed the International Carbon Reduction and Offset Alliance (ICROA), The Climate Group announced.
Clark "personally responsible" for shocking deforestation data - Kyoto Forestry Association
11 Jun 2008
Prices weaken as oil retreats and coal firms
10 Jun 2008
Whilst carbon prices were firmer in early trading on the back of stronger German power prices and persistenly high levels in oil - prices did weaken after oil retreated and coal prices firmed.
"Kill me": US Senate clerk(s) forced to read 492 page amendment to ETS bill
6 Jun 2008
In US Senate action on the Climate Security Act, Republicans are forcing the clerk to read the entirety of theBoxer substitude amendment, claiming they haven't had enough time to read it yet.
Full ECX May trade report: volumes reach 142.3 Mt
6 Jun 2008
ECX has issued its reports on May carbon trading.
Conference-bolstered Greens going to play hard ball on ETS
3 Jun 2008
Green Party co-leader Jeanette Fitzsimmons has come away from the party’s annual conference at the weekend strengthened in her position to play hardball over the emissions trading scheme.
Aussie truck drivers: include fuel in ETS
3 Jun 2008
Australian truck drivers back the inclusion of fuel in their Government's emissions trading scheme and consider cuts to the fuel excise to be bad policy.
MARKET REPORT: A day of two halves
3 Jun 2008
It's been a day of two halves as carbon weakened early on only to strengthen and close firm on the back of firmer oil prices.
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.
Farm-level emissions cuts possible, but almost everything stands in the way
18 Dec 2025
By Shannon Morris-Williams | Progress to slash farming emissions is being blocked by limited farmer confidence in mitigation tools, inconsistent engagement, misinformation and a lack of clear policy signals, according to a new report.
State-owned farmer drives profit growth with emissions reductions
19 Dec 2025
By Pattrick Smellie | Government-owned Landcorp, trading as Pāmu, is one-third of the way to meeting its 2031 emissions reduction targets, with five years left to run to cut greenhouse gas emissions by 30.3% against 2021 emissions.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
‘Cali Fund’ aiming to raise billions for nature receives first donation – of just $1,000
16 Dec 2025
A major biodiversity fund – which could, in theory, generate billions of dollars annually for conservation – received its first donation of just $1,000 in November.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
Seven quiet wins for climate and nature in 2025
19 Dec 2025
This year's environmental backdrop is familiar: emissions are rising and nature is continuing to decline. But there have nevertheless been bright spots in 2025.
Govt unveils plans for carbon storage regulations – and ETS rewards
18 Dec 2025
By Liz Kivi | The Government has released plans to regulate carbon capture and storage in natural geological formations, which include Emissions Trading Scheme incentives, with the aim of introducing related legislation in 2026.
Global coal demand hit record high this year but is set to decline by 2030
18 Dec 2025
Global coal demand reached a record high in 2025 but is expected to decline by 2030 as renewables, nuclear power and abundant natural gas squeeze its dominance in power generation.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
RMA’s successors hinge on two untested bets
17 Dec 2025
Two ideas sit at the heart of the Government’s replacement for the Resource Management Act: regulatory relief and spatial planning.
India at COP30: A mismatch between grandstanding and climate action
11 Dec 2025
Despite India’s attempt to anoint itself as the leader of the developing world, at the COP30 summit, New Delhi’s track record remains contradictory.
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.
NZ hydrogen regulation to catch up with the world
18 Dec 2025
By Pattrick Smellie | The government has announced a regulatory reset for New Zealand’s emerging clean tech hydrogen sector.
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.
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.
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.
Hydrogen emissions are ‘supercharging’ the warming impact of methane
19 Dec 2025
The warming impact of hydrogen has been “overlooked” in projections of climate change, according to authors of the latest “global hydrogen budget”.
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.”
Westpac NZ announces partnership to form Blue Economy hub in Nelson
17 Dec 2025
Media release | Westpac NZ has announced a new three-year partnership with the Nelson Regional Development Agency and Kernohan Engineering to help accelerate the development of a sustainable marine economy – also known as the blue economy.
NZ ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister
12 Dec 2025
By Liz Kivi | Vanuatu’s Climate Change Minister, Ralph Regenvanu, says New Zealand restarting fossil fuel exploration and subsidies is an obvious breach of international law, exposing the country to international and domestic litigation.
Govt slammed for weakening methane target
15 Dec 2025
By Shannon Morris-Williams The Government has pushed through legislation under urgency to almost halve New Zealand’s 2050 methane target – a move Opposition parties say disregards scientific advice, breaks the country’s hard-won political consensus on climate action, and shifts the burden of higher warming and higher future costs onto the next generation.
COP30 microcosm of difficult geopolitics, says Vanuatu's Climate Minister
15 Dec 2025
By Liz Kivi | Despite ‘intransigent’ states blocking multilateralism and a disappointing official outcome, Vanuatu’s Climate Change Minister Ralph Regenvanu says he left the COP30 climate summit feeling more positive than after previous UN climate conferences.
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.
Insurers welcome govt decision to keep NHC levy unchanged
21 Nov 2025
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
Three Greenpeace activists removed by police from Fonterra
17 Dec 2025
Media release | Three Greenpeace activists were removed by police from Fonterra’s downtown Auckland offices, following a protest on Monday at the Shareholders’ Fund meeting over the corporation’s role in the contamination of rural communities’ drinking water.
Oil and gas majors would create $78bn more value by stopping exploration
11 Dec 2025
Media release | Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development, according to new analysis released today by ACCR.
Wetlands and biodiversity at risk as mining rules loosen: Greenpeace
19 Dec 2025
By Shannon Morris-Williams | Greenpeace says Government changes to national direction instruments under the RMA paves the way for mining in wetlands and biodiversity hotspots and will expose some of Aotearoa’s most fragile ecosystems to irreversible damage.
NZ could become ‘dumping ground’ for dirty vehicles: Commissioner
16 Dec 2025
By Liz Kivi | Simon Upton, Parliamentary Commissioner for the Environment, has warned the Government that its changes to the clean car standard could turn the country into a dumping ground for high emitting cars, making future emissions budgets harder to achieve.
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.
Offshore windfarms enhance function of coastal waters and diversity of aquatic life
19 Dec 2025
Media release | A study conducted by researchers from Murdoch University in Australia and Dalian Ocean University in China has found that offshore windfarms can improve marine ecosystems and diversify aquatic food chains.
‘A shift no country can ignore’: where global emissions stand, 10 years after the Paris climate agreement
16 Dec 2025
The watershed summit in 2015 was far from perfect, but its impact so far has been significant and measurable.
Govt consulting on Pacific Resilience Facility
12 Dec 2025
The Foreign Affairs, Defence and Trade Committee is calling for submissions on its international treaty examination of the Agreement to Establish the Pacific Resilience Facility.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
KiwiRail pauses coal trains amid rising climate protests
9 Dec 2025
By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.
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.
Could tidal energy one day power NZ?
18 Dec 2025
By Shannon Morris-Williams | New research suggests Aotearoa holds some of the world’s strongest tidal-stream energy potential – enough to generate up to 93% of today’s electricity use – but one expert cautions that extracting energy at such a scale could have significant impacts and remains highly uncertain.
NZ could lose nearly all glaciers this century without stronger climate action
16 Dec 2025
New Zealand could see 97% of its glaciers vanish by 2100, with new international modelling projecting a rapid acceleration in glacier extinction from the 2030s onward – even under lower-warming scenarios.
Solar households to get little-noticed tax break
23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
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.
The surprisingly convincing case against cars
19 Dec 2025
Life After Cars dares to imagine how different, and enriching, a car-free world could be.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
Heatwaves, downpours and droughts – Auckland on track for more extreme weather
1 Dec 2025
By Shannon Morris-Williams | New projections show Auckland will face more heatwaves, heavier downpours, worsening droughts and growing coastal threats as climate extremes intensify, according to a new report from Earth Sciences New Zealand.
NZ just had its hottest spring in at least 116 years
10 Dec 2025
By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.
Media round-up
12 Dec 2025
In our round-up of climate coverage in local media: Another offshore wind firm exits New Zealand over a clash with seabed mining; Fonterra falls behind on its climate goals as farm emissions remain flat; and the businesses trapped by the gas 'death spiral'.
