Topics tagged with 'Carbon Credits'
Hong Kong, Singapore fight for carbon trading crown
7 Oct 2008
Hong Kong and Singapore are locked in a heavyweight battle to see which will wear the crown of Asia’s first carbon trading hub.
Everyone’s happy with first US carbon auction
3 Oct 2008
Before the US’s first auction of carbon credits last week, some observers said outsiders might manipulate the market or there would be so little interest the auction would fail – but neither problem occurred, according to analyses just released.
Carbon trading drives surge in ‘green’ patents
3 Oct 2008
Global interest in clean energy solutions from carbon funds and technology giants is stimulating a surge in “green” patents, according to a new study.
Eastern Europe collects windfall as Japan snaps up carbon credits
3 Oct 2008
Thanks to Kyoto emission levels pegged to 1990, when pollution was worse, former Eastern Bloc countries now sell carbon credits to Japan
Big emitters play the waiting game with ETS
30 Sep 2008
Some of New Zealand’s major emitters of greenhouse gases are waiting to see who wins the election before committing themselves to buying carbon credits.
ANALYSIS: Our future under K2 bleak without forestry
26 Sep 2008
The release of the National Party’s forestry policy has received a warm reception from the sector, with the New Zealand Forest Owner’s Association applauding the party for listening to the industry.
US eastern states start obligatory carbon trading
26 Sep 2008
Ten northeast US states today will take part in the nation's first mandatory carbon auction, one of a series of quarterly auctions that in time will reduce the region's power-plant emissions, linked to global warming.
Australian carbon credit price doubles as emissions scheme looms
23 Sep 2008
The price of credits in the Australian carbon market has more than doubled over the past 12 months.
EU offers first analysis of carbon leakage risk
23 Sep 2008
Parts of Europe's aluminium, steel and cement industries are likely to qualify for free carbon allowances to compensate them for lost international competitiveness under plans to revise the EU's emission trading scheme, the European Commission suggests in a new analysis.
National's fisheries policy hooks seafood industry
19 Sep 2008
National’s fisheries policy would leave the industry more than $130 million better off over the first eight years of New Zealand’s emissions trading scheme, the industry says.
Promises, promises ... but what are the costs, asks forester
19 Sep 2008
The “Cassandra of carbon trading” says that the ETS-era is characterised with promises of rewards, yet riddled with unknown costs to achieve them.
UK scheme unlikely to reduce carbon on target, says new study
19 Sep 2008
The UK’s Carbon Reduction Commitment, slated for launch in April 2010, is unlikely to cut carbon emissions before 2013, according to a new report from an independent business research firm.
Cambodia pioneering carbon trading cooperative
19 Sep 2008
With the global carbon trade booming, environmental projects in developing countries have joined forces to finance their poverty reduction efforts by selling carbon credits collectively.
ETS picture becoming clearer for forest owners
16 Sep 2008
The forestry sector will know precisely how to participate in the emissions trading scheme when the forestry stakeholder reference group meets with MAF at the end of the month.
Carbon trading band-aid solution, report tells Philippines
16 Sep 2008
The Philippines has been told it must not over rely on the carbon credits scheme in pursuing clean energy projects because the scheme is a short-term approach to the problem.
LETTER: Bad news for Ngai Tahu
12 Sep 2008
In Carbon News (5 Sept 2008) Willie Te Aho was quoted as saying that the deforestation liability for Ngai Tahu would be around $15,000 per hectare for changing the use of its 80,000 hectare pre-1990 forest estate.
ValueAdd model promotes 'carbon farming'
9 Sep 2008
The ValueAdd Company has just completed an Emission Trading Scheme analytical model relating to so-called “carbon farming”, one of the “business opportunities” promoted extensively by the supporters of the bill, the company says in a statement.
Tribal group challenges Parker's ETS support claim
5 Sep 2008
A major iwi is challenging Climate Change Minister David Parker’s claim that most tribes support the emissions trading bill.
First publicly-displayed credits on TZ1 registry
2 Sep 2008
TZ1 and GreenAir Ltd have announced the first carbon credits to be publicly listed on TZ1's Registry.
Maori Party against ETS bill: concern over subsidies, impacts on Maori land owners
2 Sep 2008
The Maori Party says in EST bill debate that it is "opposed to the concept of paying the polluters; of rewarding the corporate lobbyists with huge exemptions; and the very nature of trading rather than reducing emissions."
Gold Coast Convention & Exhibition Centre 30-31 October 2008
2 Sep 2008
The Australian Federal Minister for Climate Change and Water, Senator the Hon Penny Wong will address the inaugural Carbon Market Expo Australasia on the Gold Coast 29th-31st October.
Parliament to have power over free credits
29 Aug 2008
Parliament is to have the power to reject allocation plans for free carbon credits – a move which could expose heavy emitters to having to purchase 100 per cent of their credits at times.
Big businesses might flee NZ, warn heavy emitters
29 Aug 2008
New Zealand’s heavy emitters say that sharing some of their free carbon credits with smaller emitters could see companies leave the country.
Carbon credit sharing fails to impress wood processors
29 Aug 2008
Sharing carbon credits around is not enough of a remedy for wood processors bracing themselves for the introduction of an emissions trading scheme.
Heavy emitters stand to lose credits under deal with Greens
26 Aug 2008
New Zealand’s heaviest emitters of greenhouse gases will have to relinquish some of their free carbon credits to smaller companies under a deal won by the Green Party.
Kyoto Forest owners say they need ETS passed
26 Aug 2008
The thousands of New Zealanders who invested their own savings to plant trees in the 1990s need the Emissions Trading Scheme (ETS) legislation to be passed in order to secure the estimated $1.6 billion of carbon credits promised to them by all parties in Parliament, the Kyoto Forestry Association (KFA) has told the Green Party.
Biodiversity critical in emissions trading scheme
26 Aug 2008
Forest & Bird urges Labour, New Zealand First and the Green Party to agree to a biodiversity standard in the Government's emissions trading scheme.
World Bank names countries eligible for forest rewards
22 Aug 2008
The Democratic Republic of Congo and five other African countries have been included in a list of 14 that will take part in the World Bank's controversial Forest Carbon Partnership Facility (FCPF).
Public happier with Personal Carbon Trading, study shows
19 Aug 2008
New research by Britain’s Institute for Public Policy Research reveals that the public favours Personal Carbon Trading (PCT) over other emission reduction policy options for individuals and households.
Ukrainian joint-implementation projects gain traction
15 Aug 2008
Carbon Capital Markets has received Host Country Approval (HCA) for a Joint Implementation (JI) project in Ukraine.
AUGUST 19: Managing carbon for business
15 Aug 2008
The Institute of Chartered Accountants is helping businesses to get behind the hype and politics of carbon management with a special seminar in Auckland next week.
Greenair: Forestry carbon opportunities are real
12 Aug 2008
Greenair Group has entered the Wairarapa-Manawatu debate over get-rich-quick interests seeking to take advantage of regional farmers and foresters through carbon credit schemes.
Japan sets date for power exchange to start carbon-credit trading
12 Aug 2008
The Japan Electric Power Exchange will start trading carbon credits in October on a trial basis as part of Prime Minister Yasuo Fukuda's goal to cut greenhouse gases by more than half.
NZ carbon register tests world-wide connections
8 Aug 2008
New Zealand’s fledgling carbon registry has taken part in trials to test international registry connections.
Stop the plough and save the world, says prairie professor
5 Aug 2008
Farmers could cut their greenhouse-gas emissions by switching to zero-tillage, says a visiting expert.
Asia emerging as centre of carbon trade programme
5 Aug 2008
Financial market analysts expect increased participation of Asian countries in the carbon credit trade, with most of them cornering big investments in clean development mechanism (CDM) projects.
Former UN man joins IDEAcarbon
1 Aug 2008
A former under secretary general for economic and social affairs at the United Nations in New York, Nitin Desai, has joined IDEAcrbon as an advisor to its board of directors.
Heavy falls in prices right across the strip
31 Jul 2008
Prices right across the carbon strip fell heavily last night after France announced it had issued 132 million allowances.
Latest Strip of CER’s 2008 – 2012 Vintage – Indicative Mid Prices
31 Jul 2008
OMF is able to deal over the counter (OTC) on prices in size. Prices below are indicative, subject to change and subject to counterparty credit assessment.
BREAKING NEWS: Government calls for tough CDM regime
29 Jul 2008
New Zealand is calling for tougher rules around carbon credits and investments, saying that governments should be required to monitor and enforce minimum requirements for clean development mechanisms.
Millions on research could mean billions in earnings
29 Jul 2008
Research into renewable energy is booming – and could lead to multi-billion-dollar earnings if New Zealanders can get their products to the market first.
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.
New Zealanders losing ambition on climate change: Ipsos
Wed 20 May 2026
By Pattrick Smellie | New Zealanders’ belief that their government has a plan to combat climate change has taken another serious hit in the latest poll of 31 countries by global research firm Ipsos.
Six NZ climate solutions up for 2026 Earthshot prize
Today 11:30am
By Shannon Morris-Williams | Six New Zealand climate and sustainability initiatives have been nominated for the 2026 Earthshot Prize, with the shortlist showcasing Kiwi-led solutions tackling emissions, plastic waste and ocean restoration.
$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
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.
Govt unveils long-awaited voluntary carbon market guidance
Fri 15 May 2026
By Shannon Morris-Williams | The Government has released long-awaited guidance for New Zealand’s voluntary carbon and nature markets, as questions continue for the sector despite ministers signalling support for its growth.
Biomass sector asks: where did the love go?
Mon 18 May 2026
By Pattrick Smellie | New Zealand has sufficient biomass in its plantation forests to replace natural gas for industrial process heat at lower costs than electrification, but is failing to get the attention it deserves, sector leaders say.
UN members reinforce nations' climate change obligations
Today 11:30am
The United Nations General Assembly on Wednesday adopted a resolution reinforcing states' obligations to combat climate change, a long-awaited move toned down under pressure from major greenhouse gas emitters.
Carbon News updates forward curve
13 May 2026
Carbon News has updated its ten-year NZU forward curve, following a recent rise in spot market prices, with NZUs rallying from about $34 in January to nearly $54 in early May.
Hipkins pans LNG plan as ‘massive step backwards’
Tue 19 May 2026
By Liz Kivi | Labour leader Chris Hipkins has told a Queenstown audience that a Government he leads would not proceed with a planned LNG import terminal, if elected at November’s election.
Tairāwhiti deserves better than weakened forestry rules
5 May 2026
OPINION: The government's proposed amendments to forestry standards, released yesterday, ignore the hard lessons learned in our region and ignore the voices that have fought hardest to protect it, writes Manu Caddie.
Green building council calls for clean energy policies
Mon 18 May 2026
The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
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.
Conservation land open for voluntary carbon market schemes
12 May 2026
By Pattrick Smellie | The government is to open up the Crown-owned conservation estate to private investment in voluntary carbon market projects.
New solar farm to boost West Coast energy security
Today 11:30am
Construction has begun on a new 13.5MW solar farm in Reefton, with developer Lightyears saying the project will help strengthen electricity security on the West Coast and support future regional growth.
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.
Are hailstones getting bigger due to climate change?
Today 11:30am
Scientific studies suggest that a warmer climate does not necessarily lead to more frequent hail, but rather to more severe hailstorms with larger hailstones.
EDS urges MPs to scrap the Fisheries Amendment Bill
5 May 2026
Media release | The Environmental Defence Society today lodged a substantive submission on the Fisheries Amendment Bill.
Govt presses ahead with forestry rule changes despite opposition
14 May 2026
By Shannon Morris-Williams | The Government is pushing ahead with changes to commercial forestry rules despite most submitters opposing the proposals, with critics warning the reforms will weaken councils’ ability to manage erosion and forestry slash risks in vulnerable regions such as Tairāwhiti.
Iran war pushes Portugal to halve fossil fuel use over next 10 years
Wed 20 May 2026
Lisbon fast-tracks plans after the Iran war caused oil and gas costs to soar, Energy Minister Maria da Graça Carvalho tells POLITICO.
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.”
New funding for low methane farming uptake
29 Apr 2026
By Pattrick Smellie | The government will co-fund projects under an Early Adoption Accelerator scheme announced today to accelerate the uptake of low emissions farming technologies emerging from the AgriZero public-private partnership.
NZ Govt’s move to halt climate litigation under international scrutiny
Tue 19 May 2026
By Liz Kivi | Local and international NGOs have signed an open letter calling on the Government to reconsider its decision to shield major emitters from legal liability for climate-related harm.
Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime
Fri 15 May 2026
By Hang Pham, Te Herenga Waka — Victoria University of Wellington | Most of us are familiar with the concept of greenwashing: organisations exaggerating or overstating their environmental credentials. But in New Zealand, there are signs the country’s climate disclosure regime may inadvertently be driving a very different trend: not saying much at all.
‘Formidable’ El Niño expected this winter
29 Apr 2026
By Liz Kivi | Meteorologists are anticipating a significant El Niño influence on weather patterns across the country from winter onwards, with predicted lower rainfall for some areas and heavier rain for others likely to impact multiple sectors of the economy as well as the carbon market.
Victorian Hydrogen announces Southland urea fertiliser project using coal
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.
Media round-up
24 Apr 2026
In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.
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.
Labour condemns Govt plan to stop climate litigation
Fri 15 May 2026
By Liz Kivi | The Labour Party has slammed the Government’s move to block climate lawsuits against big emitters but won’t say if they would repeal the legislation if elected in November.
GIDI-style help cheaper than LNG: MBIE
11 May 2026
By Pattrick Smellie | Officials advised ministers last July that the lowest-cost way to free up gas for use during dry winters was to assist industrial gas users to switch to electricity.
Govt missing tricks to save fuel in crisis
30 Apr 2026
By Shannon Morris-Williams | The Government is being urged to shift its response to the fuel crisis away from short-term relief and towards measures that reduce demand, with public health experts warning it is missing an opportunity to boost energy security and lower household costs.
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.
Move to block lawsuits could strengthen climate case against Govt
14 May 2026
By Liz Kivi | The Government’s plan to block climate lawsuits – while potentially fatal for one groundbreaking climate case – could actually bolster claims in another live climate case underway against the Government.
‘Utterly elated’ – controversial Sams Creek gold mine application declined
Today 11:30am
By Max Frethey, Local Democracy Reporter | Campaigners are elated after the controversial gold mining application for Sams Creek in Golden Bay was declined.
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.
Pacific voice on climate at the UN
Wed 20 May 2026
A New Zealand-based researcher has told a United Nations forum that rising sea levels are already reshaping life across the Pacific and climate change is causing irreversible impacts on water supplies, food security and cultural identity.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Opposition slams environment ministry merger
13 May 2026
By Shannon Morris-Williams | Opposition MPs accused the Government of downgrading climate and environmental protections as legislation to abolish the Ministry for the Environment and merge it into a new mega-ministry passed its second reading in Parliament.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
Fri 15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
ESG funds include petrochemical companies, report finds
5 May 2026
Global banks have invested US$133bn into US petrochemical expansion, even as the industry is linked to climate change.
NZTA rejects covering $145m of Wellington public transport projects
Wed 20 May 2026
By Justin Wong, Local Democracy Reporter | More than $145 million of Wellington public transport projects - including new bus spines along the harbour quays and the redevelopment of ageing Waterloo station - never made it into the Government’s $32.9 billion national land transport plan.
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
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.
Green Party calls for national electrification plan
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.
China widens its clean energy lead
Mon 18 May 2026
Chinese companies account for more than half of global investments in clean energy manufacturing since 2019, while new U.S. investments declined last year.
‘Landmark’ conservation reform bill – boost or bust for nature?
8 May 2026
By Liz Kivi | The Government has announced an overhaul of the country’s conservation system, which environmental organisation Forest & Bird says will undo the work of many generations of Kiwis to protect public conservation land.
Combined climate extremes may prompt carbon budget rethink
14 May 2026
Media release: Springer Nature | Combined extreme climate events are likely to become more common in the future if carbon emissions continue to rise, a paper in Nature suggests.
Media round-up
Fri 15 May 2026
In our round-up of climate coverage in local media: The government's move to change climate law removes a key protection for NZ citizens, farmers should be paid to use methane-busting tools, and it's one step forward, three steps back on environment policy.
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.
Why both trees and technology are important in the race to mitigate carbon emissions
4 May 2026
Different carbon‑removal approaches solve different problems, and pitting these technologies against each other could slow progress.
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.
UN members prepare for pivotal vote on landmark ICJ climate justice ruling
Fri 15 May 2026
If the resolution is passed, governments will recognise their legal responsibility to cut greenhouse gas emissions.
NZ First moves to revive container return scheme
4 May 2026
By Shannon Morris-Williams | NZ First is aiming to launch a national container return scheme, which could recycle over a billion wasted containers each year, reviving a policy shelved by the previous Labour-led Government in 2023.
Commission urges Govt action on climate risks
7 May 2026
By Liz Kivi | Climate change currently poses major risks to our water infrastructure with “significant gaps” in readiness to manage risks and increasing hazards, according to the Climate Change Commission.
Why is Northern Ireland facing a growing threat from wildfires?
7 May 2026
Figures show that spring drought events are happening more often while there has been a sharp rise in "fire weather" - a mix of warmth, dryness, and wind that allows fires to ignite and spread rapidly. Experts warn this combination, along with climate change, is creating a longer and more volatile wildfire season.
Human health appears unaffected by living near wind turbines
Today 11:30am
Media release: PNAS | High-resolution data collected across the United States show negligible evidence of adverse health outcomes tied to wind turbine exposure, a study finds.
