Topics tagged with 'Carbon Credits'
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.
TZ1 trading platform ready, registry launches April
18 Mar 2008
NZX carbon trading subsidiary chief executive Mark Franklin says TZ1’s market platform is ready to operate.
Key backs ETS – with balance
18 Mar 2008
Opposition Leader John Key says his party supports the proposed New Zealand emissions trading system, describing it as “a good model, market-based, it works”. He also talked of further reforming the planning laws so renewable energy projects could proceed.
FRANKLIN SPECIAL INTERVIEW: US well down the climate track
18 Mar 2008
Climate change hold-out the United States might not rush to follow Australia into ratifying the Kyoto Protocol, but behind the scenes it’s moving quickly to legislate for something similar.
Tui gas flaring likely to be costly
18 Mar 2008
The consortium behind the Tui oilfield off the Taranaki coast is bracing itself for the carbon bill from its flaring of up to 500,000m3 a day of unusable gas when the emissions trading bill presently before Parliament is passed.
Renewables credits find ready markets
17 Mar 2008
Electricity generator Trustpower is finding ready markets for the carbon credits earned by its Tararua windfarms but the proceeds will do nothing to insulate consumers from rising power prices.
EXCLUSIVE PROFILE: The young millionnaire behind Green Carbon
17 Mar 2008
By Hugh de Lacy - The trauma of an 11-year-old only child seeing his parents all but ruined by the 1987 sharemarket crash is what drove Seeby Woodhouse into a hugely successful entrepreneurial career.
Calculate your deforestation liability
17 Mar 2008
The ValueADD Company has launched an online interactive calculator to determine carbon liabilities for de-foresting pre-1990 land. Some of the liabilities are significant.
Emissions trading bill backed – but with major safeguard reviews from 2012
17 Mar 2008
The New Zealand Business Council for Sustainable Development says it will back the Government’s move to introduce an emissions trading system.
Agricultural emission rumours discounted
16 Mar 2008
Rumours of a massive under-estimation of the level of greenhouse gases (GHG) emitted by agriculture in New Zealand appear to be unfounded, with the Ministry of Agriculture and Forestry (MAF) suggesting 50ha of exotic plantation will be enough to offset the emissions of a 500ha hill-country farm.
NZ Wine Co goes step further with zero carbon certification
12 Mar 2008
The New Zealand Wine Company (NZWC), makers of Grove Mill, Sanctuary and Frog Haven wines, has achieved carbon neutral recertification under the world leading carboNZeroCERT TM programme in a move which could have an important impact on future sales.
Corporate tax group's views on treatment of New Zealand emission trading units
12 Mar 2008
Inland Revenue is being asked to clarify how emissions trading units, used in the coming New Zealand emissions trading scheme, will be treated. This paper prepared by Deloitte for the Corporate Tax Group (representing 32 major corporations) and submitted to the IRD, sets out the issues – and proposed solutions in how ETUs should be treated for tax purposes.
Global Carbon Credits: Act to avoid carbon tax
12 Mar 2008
Press Release: Global Carbon Credits Ltd. Thursday, 13 March 2008 From The Office of Ross Garrick, Managing Director. In response to recent media attention on the topic of Carbon Credits and the New Zealand Emission Trading Scheme. We at Global Carbon Credits Ltd. (G.C.C) would like to make it known that we have already signed contracts with landowners in N.Z. to assess, manage and market the carbon offset potential of their land.
Are New Zealanders anti-climate?
Fri 29 Aug 2025
By Shannon Morris-Williams | A global study claims New Zealanders have relatively anti-climate attitudes due New Zealand's "stable" climate belief systems – but one expert argues Kiwis accept the reality of climate change.
Greenpeace to forge ahead with legal fight after Fonterra sale
Thu 28 Aug 2025
By Shannon Morris-Williams | Greenpeace says its greenwashing lawsuit against Fonterra will continue, despite the dairy giant selling off its consumer brands.
NZ Post drops science-based climate target
8 Jul 2025
By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.
Flying still cheaper than trains on most EU routes, study finds
25 Aug 2025
If you thought European cross-border train journeys might finally be easier on the wallet than flights, think again.
NZ to host major conference on oceans and climate change
Tue 26 Aug 2025
By Liz Kivi | New Zealand is set to host the world’s premier gathering of marine climate change scientists next year.
Media round-up
15 Aug 2025
In our round-up of climate coverage in local media: Australia could be about to leapfrog New Zealand on climate targets; 'strangled' rivers are fighting back; and 10 rangatahi will join Aotearoa New Zealand’s delegation at the United Nations' major climate conference in Brazil.
Scientists hail major breakthrough in developing holy grail of renewable energy: artificial photosynthesis
Fri 29 Aug 2025
New discovery addresses one of biggest obstacles to artificial photosynthesis – a technology long seen as a potential source of carbon-neutral fuels.
Carbon market still weak despite govt confirming tighter auction supply
Thu 28 Aug 2025
By Liz Kivi | The government’s commitment to keeping Emissions Trading Scheme auction volumes tight to 2030 has done little to buoy carbon prices, with an underwhelming response from the market following last week’s announcement.
Marginal drop in last year's regional emissions
Wed 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
Is extending Huntly power station to 2035 in consumers’ best interest?
22 Jul 2025
By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?
What does 'drier' really mean in 'green' homes?
1 Aug 2025
Media release - Waipapa Taumata Rau, University of Auckland | Researchers say green-rating systems could improve clarity and effectiveness by explicitly defining ‘drier’ and using two measures of humidity.
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.”
Toitū extending use of ETS forest carbon credits
25 Aug 2025
By Liz Kivi | Carbon certifier Toitū Envirocare has walked back plans to stop accepting Emissions Trading Scheme credits for offsetting, because there is still a shortage of local carbon credits meeting international standards.
Govt resilience plan 'dangerous fantasy' - thinktank
Fri 29 Aug 2025
By Shannon Morris-Williams | An independent thinktank, whose members include former Prime Minister Sir Geoffrey Palmer and multiple academics, is warning that the government’s long-term resilience strategy ignores physical and energy realities and exposes Kiwi households and businesses to systemic failure.
Key orange roughy population on verge of collapse, govt considers closure
9 Jul 2025
Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.
Media round-up
Fri 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.
ETS a ‘broken paradigm’ undercutting biodiversity efforts
25 Aug 2025
By Shannon Morris-Williams | Pure Advantage is calling on the government to reform the Emissions Trading Scheme, with a new policy briefing saying that New Zealand’s offset-heavy approach is a “broken paradigm” undermining biodiversity and shifting risk to communities.
Profound shifts in our changing energy system – new data
Wed 27 Aug 2025
New Zealand’s energy system is undergoing a profound shift as falling gas production and a dry hydro year reshaped the electricity market in 2024, according to data from the Ministry of Business, Innovation and Employment’s Energy in New Zealand 2025.
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.
Banking competition report steers clear of ‘woke’ farm lending
25 Aug 2025
By Pattrick Smellie | A report into banking competition has largely rejected arguments from some farming lobbyists that climate change considerations should play no part in bank lending decisions.
Hotter, longer, more frequent: NZ’s escalating heat risk
Tue 26 Aug 2025
By Shannon Morris-Williams | Heat extremes in New Zealand will intensify faster than previously thought, according to a new study.
How the meat industry uses environmental groups to make beef seem climate-friendly
11 Aug 2025
The meat industry may have enlisted environmental groups to persuade people to “feel better” about eating beef, despite the sector’s ballooning emissions of climate-heating pollution.
Shane Jones on climate change – it’s real, but…
15 Aug 2025
By Pattrick Smellie | New Zealand First deputy leader Shane Jones believes climate change is real, but is uninterested in what is causing it and primarily focused on adapting to it.
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.
Rising cost of insurance prompts call for action on affordability and climate risks
Wed 27 Aug 2025
Media release | Consumer NZ releases a sobering report that highlights how house insurance is becoming increasingly out of reach for New Zealanders.
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.
Apple Watch not a 'CO2-neutral product,' German court finds
Thu 28 Aug 2025
Apple can no longer advertise its Apple Watch as a "CO2-neutral product" in Germany, following a court ruling on Tuesday that upheld a complaint from environmentalists, finding that the U.S. tech company had misled consumers.
‘Problems looming’ for Govt's key climate tool
22 Aug 2025
By Liz Kivi | There are serious unresolved issues for the Emissions Trading Scheme which mean it could become unstable and ineffective at driving emissions reductions, according to the Climate Change Commission.
Coal mining company continuing with fast-track plans despite costly protest
22 Aug 2025
By Shannon Morris-Williams | A marathon 23-day coal bucket occupation protesting Bathurst Resources' plan to mine the Denniston Plateau ended on Tuesday, when Climate Liberation Aotearoa activists Rachel Andrews and Tāmati Taptiklis climbed down from the 80-metre high Stockton mine ropeway and were taken into custody.
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.
Marae resilience research takes global stage
Fri 29 Aug 2025
Media release | University of Auckland - Waipapa Taumata Rau | Marae are central hubs for whānau, hapū, and iwi across Aotearoa New Zealand.
Media round-up
22 Aug 2025
In our round-up of climate coverage in local media: The climate advice the government didn't want you to see; New Zealand's groundbreaking climate law has become ‘a shell’; and could the Electricity Authority be about to inadvertently increase power prices?
Backlash over govt conservation changes
4 Aug 2025
By Shannon Morris-Williams | The government’s proposed changes to the Conservation Act are the most significant roll back in conservation protections in a generation, according to the Green Party.
Failed plastic treaty 'significant disappointment'
18 Aug 2025
The failure of negotiations on a legally-binding global plastics treaty is a "significant disappointment," but no treaty is still better than a weak one, according to a New Zealand expert.
Scientists give harsh grades to Trump administration work aimed at undoing a key climate finding
Fri 29 Aug 2025
Two key documents from the Trump administration aimed at revoking the long-standing finding that climate change is dangerous were filled with errors, bias and distortions, according to dozens of scientists surveyed by The Associated Press.
Activists facing intimidation tactics at Bathurst mine
19 Aug 2025
By Shannon Morris-Williams | Climate Liberation Aotearoa activists suspended 80m high in a coal bucket at a the Stockton mine on the West Coast say coal mining company Bathurst Resources is using ‘hostile’ tactics to try and remove them.
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.
New supercomputer 'critical' to tackling climate change impacts
Thu 28 Aug 2025
By Shannon Morris-Williams | Earth Sciences New Zealand's new $35 million supercomputer will provide earlier and more frequent forecasts, as well as assess climate change impact to help understand New Zealand’s weather under long-term environmental shifts.
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’.
The quest to turn e-waste into metals
Tue 26 Aug 2025
Media release – University of Auckland | William Sheard is on a quest to turn electronic waste into metals.
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.
Mind if I plug in my cruise ship?
Fri 29 Aug 2025
Seattle is the first U.S. port where cruise ships can plug into the grid at all berths, allowing vessels to idle without running their engines –– and reducing emissions by 66 percent.
Brazil issues last-ditch plea for countries to submit climate plans ahead of COP30
20 Aug 2025
Only 28 countries have submitted carbon-cutting proposals to the UN, with some of the biggest emitters yet to produce plans.
Proposal hikes Nelson landfill gate fees
Fri 29 Aug 2025
By Max Frethey, Local Democracy Reporter | The cost of recycling is driving up landfill dumping costs in Nelson where gate fees are proposed to be hiked by $45 per tonne.
Warmer end to winter but dry spell expected over southern lakes
5 Aug 2025
As hydro lake levels hover just below average levels, climate forecasts indicate that warmer than usual weather conditions will reduce demand, but there will likely be less rain over the southern hydro lakes as New Zealand moves towards spring and summer.
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.
Ørsted shares at all-time low after Trump halts work on US windfarm
Wed 27 Aug 2025
Shares drop by 17% after stop-work order on $1.5bn project off Rhode Island, which was 80% complete.
