Topics tagged with 'Carbon Credits'
New survey captures primary CER prices ranges
22 Apr 2008
IDEAcarbon, one of whose parent company's principals is Lord Nicholas Stern, formerly of the British Treasury and author of the Stern report on climate change economic impacts, has undertaken a survey among buyers and sellers to derive an understanding of primary CER (pCER) price ranges.
IDEAcarbon Credit Rating
22 Apr 2008
Credit ratings are an essential tool in any investment process. IDEAcarbon ratings provide a rigorous analysis of the risk profile of individual carbon assets and asset portfolios.
Wellington City decides on carbon credit revenue plan from town belts, forests
21 Apr 2008
Wellington City is looking to earn large annual revenues from emission credits by turning its town belts and forests into carbon sinks.
Bell Gully directly enters trading market
18 Apr 2008
A New Zealand law firm has created a world first in carbon trading, purchasing the first ever Certified Emission Reduction units to be transferred between two countries.
NEW: Guide to setting up a CDM project
18 Apr 2008
The International Emissions Trading Association has prepared a specific Guidance Note for those interested in setting up CDM projects.
Team up to provide extra carbon market insurance capacity
18 Apr 2008
Munich Re Group and CarbonRe Switzerland intend to work in a strategic partnership to provide additional direct insurance capacity to the carbon markets.
Smith: Government should be ‘up front’ over ETS costs and impacts, criticises 20 day media ban
17 Apr 2008
Opposition climate change spokesperson Nick Smith is urging the Government to come clean and tell the public exactly what advice it has about how much money the Government will make from the auctioning of permits under the proposed emissions trading scheme.
Ministerial press secretaries impose up to 20 day information ban on Carbon News
17 Apr 2008
Two Ministerial press secretaries have said they will restrict the flow of information to Carbon News.
Nelson voluntary offset trader launching in Australia, UK
17 Apr 2008
Offset the Rest, a New Zealand organisation that sells voluntary offset carbon credits, plans to launch into the UK and Australia next month.
EXCLUSIVE: Treasury responds on ETS windfall, but defers to select committeee
16 Apr 2008
The Treasury reckons it’s easy as anything to work out how much the Government will make in windfall revenues selling carbon credits, but it still shrinks from putting a figure on it.
Market analysis: Dec 08 EURs now flirt with EUR25 per tonne
16 Apr 2008
Last week, a daily average 9.4million EUAs traded through brokers and Exchange, Fortis bank says in its weekly market analysis.
Internet search engine pledges two trees for every 1000 searches
16 Apr 2008
The world’s first ‘green’ search engine that offsets carbon emissions with no cost to the user, has launched in New Zealand.
EXCLUSIVE: 'Surprise' MAF report shows some farms will profit from ETS
14 Apr 2008
Already well-off dairy farmers could get a 30 per cent profit boost from the ETS, according to an apparently prematurely released Government report.
Major new Indian NCDEX exchange enjoys enthusiastic first day trading
14 Apr 2008
More than 200,000 CERs, worth INR 200 mln, were traded on the new NCDEX exchange (Friday NZ time).
EXCLUSIVE: $18b windfall for NZ government from ETS
11 Apr 2008
CARBON NEWS INQUIRY - The New Zealand Government’s coffers will be boosted by $18b in windfall revenues from sales of carbon credits between 2013 and 2024, according to privileged information obtained by Carbon News.
Carbon neutrality? What about 400% electricity use cut instead?
11 Apr 2008
Wayne Norrie, chief executive of data centre outsourcing company Revera, says he’s totally frustrated by a less-than-holistic picture about carbon neutrality.
Nelson firm cited among world top 30 offset service providers
11 Apr 2008
New Zealand company Offset the Rest is the only company in Asia Pacific to be named as one of the top 30 carbon offset providers in the world.
No European-like second phase windfall profits for NZ generators
10 Apr 2008
European electricity generators are in line for massive windfall profits of around $140 billion over the next four years, but their vastly more environment-friendly New Zealand counterparts can expect no such largesse.
Major puzzle for Kiwi ETS pioneers: who pays who what (twice)
10 Apr 2008
Some New Zealand businesses are facing a potential tangle over how to avoid double counting their emissions as a result of the country’s world-first move to include all greenhouse gases in all sectors.
EEX reports sales revenue up 5%, profit up to e8.3 million
10 Apr 2008
European Energy Exchange AG (EEX) has managed to continue its strategy for European growth successfully during the business year 2007.
Mexico gets World Bank’s first climate change loan
10 Apr 2008
Washington -- The World Bank Board of Directors yesterday endorsed its first climate change lending operation, for Mexico, worth US$501.25 million.
Dubai and Eco Securities developing major CDM emission reduction projects
10 Apr 2008
Dubai Multi Commodities Centre (DMCC) and Nakheel, Dubai's premier development company, have signed a Memorandum of Understanding to jointly identify and develop emissions reduction projects across the whole of Nakheel's operations.
No government plans for carbon import tariff – yet
9 Apr 2008
The Government has given an equivocal “No” to the possibility of imposing tariffs on imports from countries that don’t put a price on their greenhouse gas emissions.
Now it's an offset with your Obama
9 Apr 2008
Delegates to the Democratic Convention with the highest percentage of members offsetting their carbon emissions will be recognized in their seating section on the floor of the Convention - if they offset their travel they’ll also receive a “green item” to be worn for Convention week.
Tiny CER parcel heralds expansive future
8 Apr 2008
A parcel of just 20 gold-standard Certified Emissions Reduction (CER) units offered on auction site Trade Me last night has proven the efficiency of the United Nations International Transaction Log and the Swiss and New Zealand registries for local trader Carbon Market Solutions (CMS) of Hamilton.
GreenAir Fund pitches for major new forestry emision unit business
8 Apr 2008
With new forestry in New Zealand eligible for NZUs (New Zealand carbon offset units) from January 1 this year, the Sydney-based GreenAir Fund is bidding for new business here by offering up-front funding to complete the qualification design and certification of a potential carbon credit project.
NCDEX –launching developing world's first CER trading platform
7 Apr 2008
National Commodity and Derivatives Exchange Ltd, of India, will launch a futures contract for Certified Emission Reduction (CERs) on April 10.
ECX and EEX price trading histories
7 Apr 2008
A 2008 emission unit contract on the European Climate Exchange is historically trading at eu21.73, and US$5.20 on the Chicago Climate Exchange.
CarboNZero hits the big time
4 Apr 2008
Pioneering New Zealand carbon footprint measurer carboNZero has gone international by tying up a measurement, management and certification partnership with a British company that boasts 30,000 clients in 23 countries.
ETS bill submissions online
4 Apr 2008
The Parliamentary Servicee now has copies of all publicly available submissions on the Climate Change (Emissions Trading and Renewable Preference) Bill available online here
Roundtable: Proceed With Great Care: Emissions Trading
4 Apr 2008
Proceed With Great Care: Emissions Trading Proposal Has Costly, Risky, Far-reaching Consequences
Greens will vote to ban nuclear credits trading - admit 'laundering' likely
3 Apr 2008
A continued ban on the trading of nuclear emissions credits will have the full support of the co-leader of the Green Party, Jeanette Fitzsimons, even though she admits they will be "eventually laundered" through successive trades.
BILL HEARINGS - NZ ETS "toughest and potentially most expensive" in the world:
3 Apr 2008
New Zealand’s proposed emissions trading scheme is the toughest and potentially most expensive in the world, according to the Greenhouse Policy Coalition.
Business NZ: problem with trading scheme design
3 Apr 2008
Business has a problem - not with an emissions trading scheme, but with the design of the one currently proposed for New Zealand.
No emissions trading revenue windfall for NZ
2 Apr 2008
Unlike Australia, there will be no multi-billion-dollar windfall to the New Zealand Government from selling carbon credits.
Insolvency threatens Maori forest owners
1 Apr 2008
Some Maori owners of pre-1990 forest land are going to become technically insolvent the day the Government’s emissions trading scheme (ETS) comes into effect, according to the secretary of a Maori incorporation.
Ex KPMG parnters launch certification company in New Zealand Market
1 Apr 2008
An alleged inability of many of New Zealand's primary industries to provide independent information about their business practices is behind the London-based GoodCorporation's anno8uncement yesterday that it will launch in this market.
ECX enjoys one-day record 5.4m tonnes of EUA and CER trading
1 Apr 2008
The European Climate Exchange (ECX) has recorded its biggest day of screen-based trading volume, with 5,421,000 tonnes of EUAs and CERs traded on the ICE platform.
Parker says Smith wrong on grand-parenting phase-out
28 Mar 2008
Climate Change Minister David Parker says National spokesperson Nick Smith is wrong to suggest that the European Union (EU) is going to continue grand-parenting its high-emitting industries after 2020.
Air NZ: Do you want carbon credits with that?
28 Mar 2008
Air New Zealand customers now have the option to fund the purchase of carbon credits to offset their travel.
Massive emission savings possible with supply chain changes
27 Mar 2008
As New Zealand businesses start measuring emissions and prepare to face a price on carbon, and new whole-of-supply chain carbon footprint concept could save big companies millions.
Call for emissions revenue to fund tax cuts
27 Mar 2008
Australia’s Opposition treasury spokesman last night urged the Kevin Rudd Labor Government to devolve the money it raises from carbon credits onto the states so they can eradicate a raft of inefficient taxes.
Top business speakers appearing at carbon market workshop
27 Mar 2008
Experienced carbon market taders will feature at a Ministry for the Environment and Emissions Trading Group Carbon Markets Workshop in Wellington on April 4.
NSW weighs flogging the family silver
27 Mar 2008
A furore over whether New South Wales (NSW) should privatise its mostly coal-fired electricity generation capacity has erupted in the wake of Kevin Rudd’s federal Labor government announcing it will introduce an emissions trading scheme (ETS) in 2010.
NZ emissions trading regulations - what's in store
27 Mar 2008
Officials are working on a range of regulations to implement New Zealand's emissions trading system.
London Brokers plan price data charges
27 Mar 2008
The London Energy Brokers' Association (LEBA) has told Carbon News it will start charging for its market trade data within about two weeks.
First Green Exchange trade features 1000 CERs in 25 futures contracts
26 Mar 2008
Vitol SA, one of the world's largest energy trading firms, and an affiliate of RNK Capital LLC, a private energy and environmental markets investment firm, says the firms have completed the first-ever trade on The Green Exchange™.
Self-assessment the Kiwi ETS maxim
20 Mar 2008
A CARBON NEWS INQUIRY SERIES - By Hugh de Lacy: Don’t wait around for the Government to impose overseas standards on carbon assessment and verification: self-assessment is the core theme in the New Zealand emissions trading scheme (ETS), according to Dave Brash, general manager of the Treasury’s Emissions Trading Group.
ETS briefing: the digest provided to MPs
20 Mar 2008
As a service to subscribers, Carbon news attaches (../../attachments/docs/bill-digest-1587climatechangeemissionstrading1.pdf) the Digest briefing provided to MPs on the Climate Change (Emissions Trading and Renewable Preference) Bill.
Smith: Chainsaw massacre continues unabated
19 Mar 2008
Figures released on deforestation are nothing short of an environmental disaster, says National's Climate Change spokesman, Dr Nick Smith.
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'.
