Topics tagged with 'Carbon News world'
'I didn't want Bank of England job' - Carney
15 Mar 2021
Mark Carney earned a fortune at Goldman Sachs, but now the banker wants the financial sector to reassess its values and tackle the climate emergency
EU keeps free credits for industry
15 Mar 2021
The European Parliament has rejected proposals to phase out free carbon dioxide pollution credits for industries covered by the EU’s Emissions Trading System, even as the bloc plans to gradually replace the scheme with a carbon levy at its border.
Green Climate Fund a 'toxic' environment, insiders say
15 Mar 2021
As John Kerry promises to “make good” on a $2 billion pledge to the Green Climate Fund, the UN’s flagship fund faces critically low confidence in its senior management
Paying for ecosystem services to save the planet
12 Mar 2021
The idea that ecosystems have monetary value now has global support — and creates a route to protecting Earth’s endangered regions.
The price of coal weighs heavy on planetary health
12 Mar 2021
The true cost of fossil fuels could be a quarter of the world's' GDP, scientists say.
Appliances should last longer, says UK
12 Mar 2021
Tougher rules are being introduced to make appliances such as fridges, washing machines and TVs cheaper to run and last longer, says the British Government.
Hall of shame: Missing the green recovery
11 Mar 2021
The world’s governments are failing to “build back better” from the covid-19 economic slump, the UN Environment Programme warns in a new report.
US envoy promotes climate alignment with Europe
11 Mar 2021
United States climate envoy John Kerry says Europe and Washington need to align on climate policy, confirming the new US administration's policy shift away from Donald Trump's roll-back of environmental protections.
Early shut for coal-fired power station
11 Mar 2021
Australia's third-largest power retailer EnergyAustralia will shut its ageing Yallourn coal-fired power station in 2028, four years earlier than previously flagged, stoking concern about electricity supply and price increases.
Shipping industry proposes ‘moonshot’ fossil fuel levy
11 Mar 2021
Shipping industry representatives, backed by several countries, have submitted a proposal to the UN to charge a climate-related levy on fossil fuels used by international shipping for the first time.
World’s first low-carbon ship is low on gas
11 Mar 2021
When shipping giant Maersk announced last month it would operate a “carbon-neutral” vessel by 2023, the Danish company committed to using a fuel that’s made from renewable sources, is free of soot-forming pollutants — and is currently in scarce supply.
EU border carbon levy could help poor countries
10 Mar 2021
Europe's future carbon border adjustment mechanism is part of the “new own resources” for the EU budget and must be used to combat global warming across the world, says MEP leading the project.
Aussie says as OECD boss he would be climate ambitious
10 Mar 2021
The former Australian finance minister vying to become the new head of the OECD said he would pursue an "ambitious" and "global" approach to help nations become carbon-neutral by 2050.
US urged to halve emissions by 2030
10 Mar 2021
The United States must halve its planet-heating emissions by the end of the decade to spur other countries to greater action, says a coalition of American environmental groups.
Carbon emissions slow, but not nearly fast enough
9 Mar 2021
Five years after a planet-wide vow to reduce carbon emissions, it happened; in 2020, the world’s nations pumped only 34 billion tonnes of carbon dioxide into the atmosphere, a drop of 2.6 billion tonnes on the previous year.
Climate work suspended in wake of coup
9 Mar 2021
The United Nations has suspended climate projects that require working with Myanmar’s military government following the February 1 coup and other international donors may follow suit.
Land worth more if left to nature
9 Mar 2021
Nature-rich sites such as woods and wetlands could be more valuable than farming because of the ecosystem services they provide, scientists say.
China to cut energy intensity, but no consumption cap
8 Mar 2021
China will cut energy intensity but has stopped short of setting a cap on energy use in its new development plan.
OECD contender backtracks on climate scepticism
8 Mar 2021
An Australian former minister widely criticised by environmentalists has made it to the final two contenders to lead the Organisation for Economic Co-Operation and Development
EU clashes over ‘net’ 2030 climate target
8 Mar 2021
Lawmakers have denounced a “loophole” in the European Commission’s proposed climate target for 2030 and pointed the finger at the EU executive for its hard negotiation style over the EU climate law.
Eco-homes becoming hot property
8 Mar 2021
Smart, low-carbon homes were once the preserve of one-off grand designs, but now Britain has up to 30,000 projects in the pipeline.
Oil lobby killed carbon prices. Now it supports them?
8 Mar 2021
Twelve years ago, the American Petroleum Institute ran an ad in the print version of the Washington Post. “If you like $4 gasoline,” it read, “you’ll love the House Climate Bill.”
Bank of England gets green remit
4 Mar 2021
The Bank of England’s remit has been changed to include a duty to support the country's net-zero carbon ambition.
Climate change could put insurance out of reach
4 Mar 2021
Millions of Australians could be left uninsured as the effects of climate change put increasing pressure on the financial system, the industry’s regulatory body has warned.
Dying oil companies leave millions in cleanup costs
4 Mar 2021
When Weatherly Oil and Gas filed for bankruptcy in February 2019, the company was walking away from several hundred Texas wells.
Big Food eyeing China's growing flexitarian market
4 Mar 2021
The alternative protein market in China is positioned to continue its rapid growth in the coming years, driven by the rise of flexitarianism in the country.
Fertiliser execs position ammonia as a battery for hydrogen
3 Mar 2021
Ammonia has until now been used chiefly in the fertiliser industry as a way to return nitrogen to the soil. But it also has potential in boosting renewables – both as a replacement for hydrogen in long-haul shipping and as a way of storing and transporting hydrogen.
Climate legal cases on the rise in Asia
3 Mar 2021
Asian governments and industries have increasingly been facing legal action for climate change-related harms over the past two years, a report by a United States-headquartered law firm has revealed.
Get rid of coal by 2030, Guterres tells nations
3 Mar 2021
United Nations Secretary-General Antonio Guterres on Tuesday called on wealthy nations to end coal use by 2030 so the world can meet its goals to curb global warming, urging G7 nations to make that commitment before or at a leaders' summit in June.
Teens take their climate crisis plea to court
2 Mar 2021
Eight teenagers and an octogenarian nun are in Australian court today to launch what they hope will prove to be a landmark case – one that establishes the federal government’s duty of care in protecting future generations from a worsening climate crisis.
Banks should publish green yardstick, says authority
2 Mar 2021
European banks should publish a “green-asset ratio” as a core measure of their climate-friendly business activities, says the European Union's banking watchdog.
China’s dirty covid-19 recovery
2 Mar 2021
Official Chinese government figures show energy, steel and cement consumption rose in 2020, pushing emissions up as Beijing is expected to reveal its 2025 targets.
Climate pledges a long way from 1.5deg, UN warns
1 Mar 2021
Updated plans to reduce emissions barely make a dent in the huge cuts needed to meet global climate goals and the United Nations is calling for redoubled efforts.
Study reveals Airbus' huge emissions legacy
1 Mar 2021
Planes sold by Airbus in 2019 and 2020 will produce well over a billion tonnes of carbon dioxide during their lifetimes, according to landmark first estimates of the aerospace manufacturer’s emissions.
Why corporate climate polluters must pay
26 Feb 2021
Who should pay the huge costs of climate change’s damage? There’s a case for corporate climate polluters to contribute.
Businesses join hands to find 'right recipe' for zero-carbon industries
26 Feb 2021
Despite the pandemic slamming the brakes on flying, UK-based engineering firm Rolls-Royce - whose main clients include the aviation industry - has not backed away from its work to slash planet-heating emissions, according to its technology director.
Fiercer, more frequent fires may reduce carbon capture by forests
26 Feb 2021
More fierce and frequent fires are reducing forest density and tree size and may damage forests’ ability to capture carbon in the future, according to a global study.
Gas firms target industrial ‘clusters’ for hydrogen
25 Feb 2021
Gas companies in Europe and America are looking at using the existing gas network to serve industrial “clusters” of hydrogen users in sectors like chemicals, cement and steelmaking, adopting a “phased approach” endorsed by the European Commission.
'Science-based' targets are no such thing - former adviser
25 Feb 2021
One of the instigators of an influential climate initiative for big business has gone public with criticism of its target-setting process, saying it does not measure up to its ambition.
Carbon tax would be popular with UK voters, poll suggests
25 Feb 2021
Taxing carbon dioxide emissions would be popular with British voters, polling suggests, as the government moots ways to put a price on carbon that could help tackle the climate crisis and fund a green recovery from the coronavirus pandemic.
Three technologies that will change food production
25 Feb 2021
Agriculture’s impact on the planet is massive and relentless. Roughly 40 per cent of the Earth’s suitable land surface is used for cropland and grazing.
Serville oranges being turned into energy
24 Feb 2021
A pilot scheme will use methane from fermenting fruit to create clean power for Serville's city water plant
Gas networks eyeing hydrogen
23 Feb 2021
Australia's' natural gas pipeline owners are working to future-proof their $A75 billion in assets amid a global push towards clean energy, running tests to blend hydrogen with gas and produce green methane to replace the fossil fuel.
India’s energy policy is key to the planet’s future
23 Feb 2021
Here’s the bad news: Unless India opts for a totally new energy policy - a revolutionary switch to a clean future - the world has no chance of avoiding dangerous climate change.
How corporations gave politicians permission to deny reality
23 Feb 2021
Big companies donated to climate deniers in the US Congress—even while claiming to care about climate change. When those same lawmakers denied the results of the presidential election, the bill came due.
How can soil carbon cut Australia's emissions?
22 Feb 2021
The Australian Government is backing soil carbon – drawing carbon from the atmosphere and storing it in the land – as a major part of its response to the climate crisis.
Questions over Samoa flood defence project
22 Feb 2021
Flood walls in Samoa financed by the UN’s flagship climate fund are inadequate and could put people in danger, experts warn.
Russian region launches carbon trading plan
22 Feb 2021
In Russia's remote far east, authorities have launched an unexpected experiment: an effort to try out carbon trading and reach net-zero planet-heating emissions by 2025.
IMF looks at climate credit-scores
22 Feb 2021
Vulnerability to climate change is bad for sovereign credit ratings, says the International Monetary Fund.
Tax aviation to raise funds for poor countries
19 Feb 2021
Taxes on international transport could provide finance to help developing countries cut greenhouse gas emissions and cope with the impacts of climate breakdown, a group of climate finance experts say.
New courses focus on climate action, activism and creating vision
Fri 12 Sep 2025
Media release | Dark Times Academy’s final lineup of courses for 2025, launching in mid-September, will focus on taking action on climate, learning about practical activism, and creating visions for the future.
Carbon price steady after failed quarterly auction
Tue 16 Sep 2025
By Liz Kivi | The carbon price has continued to trade in its familiar moribund range in the high $50s following last week’s failed quarterly auction, with ample supply still trading on the secondary market at about $10 below this year’s $68 auction floor.
NZ needs to be part of a regional SAF strategy: Z, Air NZ
9 Sep 2025
By Pattrick Smellie | New Zealand needs to be part of a regional strategic approach to sourcing sustainable aviation fuel (SAF), with domestic production less the aim than ensuring access to the fuel from one of a number of strategically positioned bio-refineries around the world.
'Non-negotiable' – EU carbon pricing to hit Kiwi exporters, expert warns
Thu 11 Sep 2025
By Shannon Morris-Williams | High carbon exports will inevitably face a high carbon tax at the EU border, possibly in the next five years, and high methane agricultural products might not be exempt, an international expert told a local audience yesterday.
UK foreign aid for nature hits £800m record due to cash for carbon credits
Tue 16 Sep 2025
The UK’s climate-aid spending on “nature protection and restoration” reached record levels of nearly £800m last year, according to government figures obtained by Carbon Brief.
Air NZ declares surprisingly low SAF prices
3 Sep 2025
By Pattrick Smellie | Air New Zealand is able to source sustainable aviation fuel at between 1.5 and 2.5 times the price of conventional fossil fuels used for flying, all sourced from the US.
No bidders front to carbon auction - again
10 Sep 2025
By Liz Kivi | Today’s quarterly carbon auction was a non-event yet again, making it the third consecutive auction this year with no bidders, with the secondary market price still limping along at nearly 20% below the auction floor.
'Atrocious' and 'bizarre': experts slam Act Party's climate policy
3 Sep 2025
By Liz Kivi | The Act Party is promising to challenge New Zealand’s Paris Agreement climate target, while the coalition Government’s other minor partner, NZ First, also says it wants to reevaluate the country’s commitment to the international treaty.
Industry struggles with double-digit power price hikes
Mon 15 Sep 2025
As power prices surge by double-digit amounts for the second year in a row, industrial users can’t keep absorbing cost increases, the Major Electricity Users’ Group says.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
RMA to speed up fossil fuel consents
18 Aug 2025
By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”
Watts not considering removing electricity from ETS
Tue 16 Sep 2025
Energy and Climate Change Minister, Simon Watts, says he is “not currently considering” removing electricity generation from the Emissions Trading Scheme, as proposed by NZ First Minister Shane Jones.
Gentailers told to behave as ministers weigh Frontier review
Today 11:00am
The chief executives of Contact, Meridian, Mercury and Genesis met Energy and Climate Change Minister Simon Watts on Thursday for their regular monthly session.
Declining sea-ice is altering Antarctic food webs
Thu 11 Sep 2025
A new study shows a significant change in Antarctic phytoplankton over time that could cascade through the marine food web and affect the ocean’s capacity as a carbon sink.
Science cuts will hold back climate research
Today 11:00am
By Liz Kivi | A crisis in government-backed science funding is worsening, with dire implications for climate research in New Zealand, according to experts from the scientific community.
Marginal drop in last year's regional emissions
27 Aug 2025
Regional greenhouse gas emissions were down slightly last year, with a fall in gas supply leading to a big drop in Taranaki, but more coal burnt leading to higher emissions in Waikato, according to new figures from Stats NZ
Indigenous forest 'islands' could help transition exotic plantations to native bush
Thu 11 Sep 2025
Native forest 'islands' within exotic plantations might be the key to transitioning plantations from exotic to Indigenous, according to new research.
Decline in global oil and gas field output accelerating, IEA says
Today 11:00am
The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore resources.
A modest geothermal strategy
31 Jul 2025
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
Why mega-polluters have little to fear from the European Central Bank and its new climate policy
Fri 12 Sep 2025
The European Central Bank plans to raise borrowing costs for climate offenders – but a new FTM analysis shows that big polluters such as Shell will barely feel it.
Media round-up
5 Sep 2025
In our round-up of climate coverage in local media: The great methane debate; law change scuppers legal challenge to irrigation scheme consent; and what are the energy and climate implications of the $7.5 billion Amazon Web Services data centre deal?
Coal imports up 650%
Fri 12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
Hiringa eyes green methanol plant near Whanganui
29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
Media round-up
29 Aug 2025
In our round-up of climate coverage in local media: Changes to road user charges will increase New Zealand's emissions; Climate Change Minister Simon Watts promises better access to hazard data for homeowners; and Kiwis borrow over $1 billion in ‘green loans’ for heat pumps and electric cars.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Apple Watch not a 'CO2-neutral product,' German court finds
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.
Forest carbon stores massive blind spot - study
4 Sep 2025
By Shannon Morris-Williams | Aotearoa New Zealand’s planted forests hold significant deep soil organic carbon — with over half of it stored below 30 cm, and much of it over 1,000 years old.
Govt tweaks offshore energy bill with 'declared areas' model
Today 11:00am
By Shannon Morris-Williams | The Government is making changes to the Offshore Renewable Energy Bill to address offshore wind developers' concerns about competing for space with other industries.
NZ's latest climate target 'weak' – Climate Action Tracker
24 Jun 2025
By Shannon Morris-Williams | New Zealand's new international climate target to 2035 is weak, and could even allow for higher emissions than the 2030 target, according to a global scientific project that tracks government climate action.
A steady ocean pattern just failed for the first time ever observed
Today 11:00am
The failure of the Gulf of Panama’s seasonal upwelling system has left scientists wondering what happens next.
Watts full-throated in National’s support for Paris
10 Sep 2025
By Pattrick Smellie | Climate Change Minister Simon Watts came to this week’s Climate Change and Business Conference with nothing to announce.
Govt resilience plan 'dangerous fantasy' - thinktank
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.
‘Plastic Cup’ competitions are cleaning up rivers in Hungary
1 Sep 2025
Afloat on DIY boats, teams of volunteers have removed over 450 tons of plastic waste from the Danube and its tributaries.
Invites-only fast-track for seabed mine slammed as 'rushed, awful'
Fri 12 Sep 2025
By Shannon Morris-Williams | With the wider public shut out of submissions, critics including Te Pāti Māori, Kiwis Against Seabed Mining and Greenpeace say the process strips away robust scrutiny and risks setting a dangerous precedent.
Ashburton councillor opposes climate strategy he voted for
Today 11:00am
Jonathan Leask, Local Democracy Reporter | Incumbent Ashburton councillor Phill Hooper says he doesn’t want to waste money on a climate change strategy, despite voting for the policy a few weeks ago.
Underestimating support for climate action limits political decision making, study says
8 Sep 2025
Research reveals huge disparity between perceived and actual willingness of public to contribute to fixing climate.
Straterra has a new name: the New Zealand Minerals Council
16 Apr 2025
Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.
Solar and battery systems to boost resilience at Tasman community facilities
Tue 16 Sep 2025
Media release: Tasman District Council | Ten community facilities across Tasman District will soon be equipped with solar panels and battery storage, following confirmation of co-funding from the Energy Efficiency and Conservation Authority (EECA).
The ozone hole continues to recover thanks to international action
Today 11:00am
Media release: World Meteorological Organization (WMO) | The Earth’s protective ozone layer is healing and the ozone hole in 2024 was smaller than in recent years, according to a new report.
Climate groups want UK wealth tax to make super-rich fund sustainable economy
17 Jul 2025
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.
Ara Ake backs 13 projects to unlock NZ’s energy flexibility
Thu 11 Sep 2025
Media release | Ara Ake has approved over $600,000 in funding from the National Flex Discovery Fund for 13 flexibility service providers (FSPs).
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
Most EU carmakers on track to meet emission targets: study
10 Sep 2025
Almost all European carmakers are on track to meet EU emission targets after winning a reprieve this year as electric vehicles (EV) sales pick up, a study showed.
Hotter, longer, more frequent: NZ’s escalating heat risk
26 Aug 2025
By Shannon Morris-Williams | Heat extremes in New Zealand will intensify faster than previously thought, according to a new study.
Echo Tech secures growth investment to tackle NZ's e-waste crisis
Mon 15 Sep 2025
Media release | Echo Tech Limited, New Zealand’s leading provider of e-waste recycling and IT asset recovery services, is proud to announce a strategic investment from growth equity firm Altered Capital.
La Niña set to prolong NZ hydro shortfall
9 Sep 2025
By Shannon Morris-Williams | With La Niña favouring a drier-than-normal spring across much of the South Island, hydro lakes are unlikely to recover without substantial rain and late snowmelt – keeping national storage levels below average.
Record UK wildfires have burned an area twice the size of Glasgow in 2025
12 Aug 2025
Wildfires have scorched more than 40,000 hectares of land so far this year across the UK – an area more than twice the size of the Scottish city of Glasgow.
Which countries are scaling solar and wind the fastest?
Fri 12 Sep 2025
The leaderboard is quite different depending on what metric you look at.
