Topics tagged with 'Carbon News world'
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.
Amundi to quiz companies over climate action
19 Feb 2021
Amundi, Europe's biggest asset manager, say it will seek more specifics from companies at upcoming shareholder meetings about their plans to reduce emissions.
Leveraging AI to fight climate change
19 Feb 2021
International organisations, researchers and data scientists say artificial intelligence and big data are critical to combat years of promises but inadequate action on the climate, biodiversity and pollution crises.
Oil and gas get emojis, why not wind power?
19 Feb 2021
Scroll through all the emojis on your phone, and you’ll find a gas pump, an oil drum, and … zero sign of clean energy.
Put a big fat price on carbon, says OECD chief
18 Feb 2021
OECD Secretary General Ángel Gurría is bowing out with a climate-rallying cry, saying action on environmental crises must be the defining focus of wealthy countries after covid.
Green reforms of energy treaty divide EU
18 Feb 2021
The European Union has renewed its push for greening a major international treaty protecting energy investments, after last-minute wrangling and divisions between member states.
Europe pulls ahead in global hydrogen race
18 Feb 2021
Most of the world’s planned hydrogen projects and the biggest chunk of related investments this decade are expected to be in Europe, a new industry report says.
Hopes new WTO boss can calm carbon tensions
17 Feb 2021
New World Trade Organisation head Ngozi Okonjo-Iweala brings an awareness of climate issues to the UN trade body, where member states are set to clash over carbon border taxes.
Millions will die if world fails on climate promises
17 Feb 2021
Scientists have looked at conditions in just nine of the world’s 200 nations and found that − if the world keeps its Paris climate promises, of containing global heating to “well below” 2deg by 2100 − millions of lives could be saved.
Overhaul of Europe's farming system on the table
17 Feb 2021
The Farm to Fork Strategy is at the heart of the European Green Deal, aiming to make food systems fair, healthy and environmentally-friendly.
Let's think big, Germany tells US and China
16 Feb 2021
Germany wants Europe and the United States to strengthen transatlantic ties with a trade deal to abolish industrial tariffs, a WTO reform to increase pressure on China and a joint carbon-emission trading system to protect the climate.
Vote against directors failing the climate, says ISS
16 Feb 2021
Major financial investors are to be urged by the world’s largest shareholder advisory firm to vote against company board members if they fail to address global heating in their roles.
Aviation charts path to carbon neutrality by 2050
16 Feb 2021
The European airline industry has launched a sustainability plan to achieve carbon neutrality in the aviation sector by 2050.
Bill Gates warns that manufacturing could challenge climate goals
16 Feb 2021
Bill Gates exudes optimism in discussing the world's ability to tackle climate change – until he hits on manufacturing. About that, he is worried.
Sinking coal profits prompts rething at AGL
15 Feb 2021
Listed Australian energy company AGL says it will urgently rewrite its business strategy after rapid market change forced it to announce a massive loss in the December half, and as demand for home batteries, remote storage and electric vehicles is starting to “take off.”
Solar power’s future could soon be overshadowed
15 Feb 2021
As more households and industries have opted to harness the sun’s energy, a small but definite shadow is nagging at the many manufacturers who have put their faith in solar power’s future.
Bitcoin uses more energy than all of Argentina
15 Feb 2021
Bitcoin is a huge energy hog. And Tesla's recent announcement that it had bought $1.5 billion bitcoin — and will soon accept the cryptocurrency as payment for its cars — will only encourage more energy usage.
Shell expanding gas business despite net-zero pledge
12 Feb 2021
Shell has set new carbon emissions goals to become a net zero carbon energy company by 2050, but will continue to grow its gas business by more than 20 per cent in the next few years.
China’s energy agency floats increase in renewables target
12 Feb 2021
China’s National Energy Administration is considering an increase in the ambition of the country’s clean energy programme this decade.
Big-emitting businesses could face costly EU carbon levy
11 Feb 2021
Big-emitting Australian businesses that export to Europe could soon face steep carbon levies of more than $70 a tonne unless the federal government imposes emissions reduction policies, according to a new analysis.
China’s crackdown on illegal CFC gases is working
11 Feb 2021
A Chinese government crackdown on producers and buyers of illegal CFC gases is working, research has found.
Denmark to build 'first energy island' in North Sea
11 Feb 2021
A project to build a giant island providing enough energy for three million households has been given the green light by Denmark's politicians.
Bank to stop lending to port over fossil fuels
10 Feb 2021
ANZ will stop lending money to Australia’s biggest coal port, the Port of Newcastle, after adopting new policies last year that prohibit it entering new finance deals for customers with significant exposure to the fossil fuel.
Scientists warn over misuse of climate models in financial markets
10 Feb 2021
Misuse of climate models could pose a growing risk to financial markets by giving investors a false sense of certainty over how the physical impacts of climate change will play out, according to the authors of a new paper.
'Dangerous' push to leave farmers out of Aussie target
9 Feb 2021
Australian Prime Minister Scott Morrison might be warming to the goal of net-zero emissions by 2050, but federal Nationals leader Michael McCormack has thrown a spanner in the works by suggesting agriculture be excluded from the target.
Millions for carbon capture contest
9 Feb 2021
Tesla co-founder Elon Musk is offering $138 million for inventions that remove carbon dioxide from the atmosphere or oceans.
Australian carbon offset prices jump on surging corporate demand
5 Feb 2021
Prices for Australian carbon offset permits have pushed above $17, a new 12-month high, boosted by demand from corporate emitters looking to take advantage of lower prices as the push for stricter long-term emissions targets gains momentum.
Will planes be flying on air?
5 Feb 2021
Scientists are working on recovering atmospheric carbon to conjure aviation jet fuel from thin air.
How steel might finally kick its coal habit
5 Feb 2021
An American company is experimenting with replacing coal with electrons to produce emissions-free steel.
Plant-based diets crucial to saving wildlife, says UN report
4 Feb 2021
The global food system is the biggest driver of destruction of the natural world, and a shift to predominantly plant-based diets is crucial in halting the damage, according to a report.
Court condemns French government over climate inaction
4 Feb 2021
A Paris court has found the French government responsible for failing to cut emissions in line with its own target, in the country’s first major climate lawsuit.
Ditch GDP and value nature, says report
3 Feb 2021
Biodiversity is declining faster than at any time in human history, says a report calling for a new economic framework recognising the importance of ecology.
Ireland uses peat to combat climate change
3 Feb 2021
Ireland’s peat is offering the country a novel way to back the global effort to save the planet from overheating dangerously. It is helping to lock up the carbon emissions which are feeding the steady rise in the Earth’s temperature.
Scania says no to hydrogen power
3 Feb 2021
Where will hydrogen fit in the clean transport mix? Not in trucking, says one of the world's largest heavy-duty-vehicle manufacturers.
Shell targets power trading and hydrogen
2 Feb 2021
Royal Dutch Shell is betting on its expertise in power trading and rapid growth in hydrogen and biofuels markets as it shifts away from oil, rather than joining rivals in a scramble for renewable power assets, company sources say.
More consultation needed on EU carbon border levy, says China
2 Feb 2021
The European Commission needs to have further discussions with Beijing and other trading partners about its upcoming carbon border levy, a senior Chinese diplomat says.
Is Pacific Forum Zoomed to fail?
2 Feb 2021
Pacific diplomacy hinges on in-person discussion but web-only meetings have fed a growing dispute over the forum’s leadership and purpose.
EXPERTS: Australia must halve emissions by 2030
29 Jan 2021
Australia will effectively be abandoning the Paris agreement unless it makes at least a 50 per cent cut in greenhouse gas emissions by 2030 and reaches net zero well before 2050, according to an analysis by policymakers and scientists.
Salla - 'The heat is coming'
29 Jan 2021
Salla, the coldest place in Finland, is making a tongue-in-check bid for the 2032 Summer Olympics, saying thanks to climate change, it expects that by then it will have sand for beach volleyball, lakes for swimming and snow-free hills for downhill bike-riding.
Biden signs sweeping orders on climate change
28 Jan 2021
United States president Joe Biden has unveiled a radical change in direction from the Trump era by halting fossil fuel activity on public lands and directing the United States government to start a full-frontal effort to lower planet-heating emissions.
Two-thirds of people say climate change is an emergency
28 Jan 2021
Almost two-thirds of the 1.2 million people surveyed in about 50 nations say global warming is a crisis.
BlackRock threatens to sell shares in worst climate polluters
27 Jan 2021
BlackRock, the world’s biggest investment fund manager, has threatened to sell shares in the worst corporate polluters in a bid to support the goal of net-zero carbon dioxide emissions by 2050.
Energy efficiency boosts jobs, says IEA
27 Jan 2021
Improving energy efficiency creates far more jobs than generating it, and at the same time provides a way out of the covid crisis by bringing prosperity.
US promises 'significant' investment in climate action
27 Jan 2021
The United States will “make good” on financial commitments to developing countries struggling with climate change, top US climate envoy John Kerry has told a summit of world leaders.
'Gas is over,' says EU bank chief
26 Jan 2021
The European Investment Bank says it will end all funding for fossil fuels before the end of the year.
Fuel industry leaders join Aussie emissions reduction panel
26 Jan 2021
Fossil-fuel industry leaders and a controversial economist have joined a committee responsible for ensuring the integrity of projects that get climate funding in Australia.
Reformed trade rules could help save the climate
26 Jan 2021
Reformed trade rules could provide a climate dividend of the rancorous Brexit process of leaving the European Union.
Biden's Keystone death sentence means oil industry must innovate
26 Jan 2021
In one of his first acts of office, United States President Joe Biden has issued an executive order that effectively kills the Keystone XL pipeline project.
Is climate law change a first nail in the coffin for Climate Commission?
Thu 6 Nov 2025
The Government’s sweeping overhaul of New Zealand’s climate laws has drawn sharp condemnation, with one expert predicting it's another step towards 'the beginning of the end' for the Climate Change Commission.
NZ off-track for 2030 methane target
Thu 6 Nov 2025
By Liz Kivi | New Zealand is no longer on track to meet its 2030 methane target, according to the Ministry for the Environment.
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.
New Indigenous-led Climate Institute opens at Lincoln University
Thu 6 Nov 2025
Media release | Te Whare Wānaka o Aoraki Lincoln University proudly announces a pivotal new chapter in climate resilience with the establishment of the Kāika Institute of Climate Resilience.
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.
Does NZ's 2035 NDC meet Paris Agreement obligations?
Fri 7 Nov 2025
By Christina Hood | COMMENT: New Zealand’s 2035 Paris Agreement Target needs strengthening, with multiple reasons the 51 to 55% emissions reduction target does not meet our obligations under the accord.
Carbon market tanks off the back of Govt’s proposed climate law changes
Thu 6 Nov 2025
By Liz Kivi | Secondary market prices dropped 20% in early morning compliance carbon trading yesterday, as the market woke up to Tuesday’s late-breaking government announcement of proposed law changes to climate policy.
Scrutiny on energy security
3 Nov 2025
A special debate in Parliament put the Government’s energy security agenda under scrutiny, with parties splitting sharply over the role of gas, the place of an LNG import terminal, and how far to push market reform to ease pressure on power bills.
'Little to be hopeful about' – NZ scientists caution ahead of COP30
31 Oct 2025
By Shannon Morris-Williams | Record heat, worsening climate impacts and global backsliding on emission reduction commitments have left some New Zealand climate experts with little optimism as COP30 approaches.
$235 billion worth of NZ buildings exposed to flooding
30 Oct 2025
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
UN chief scolds nations for failing climate goals ahead of COP30 summit
Fri 7 Nov 2025
U.N. Secretary-General Antonio Guterres tore into nations for their failure to limit warming to 1.5 degrees Celsius, as Brazil hosted world leaders for a summit ahead of the COP30 climate conference in the rainforest city of Belem.
Why I’m not outraged at the Govt’s latest climate backsliding
Fri 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.
Govt gas expansion 'climate vandalism' – Greens
Fri 7 Nov 2025
By Shannon Morris-Williams | The Green Party has labelled the Government’s move to broaden the scope of its $200 million fossil gas investment fund as vandalism, accusing Prime Minister Christopher Luxon of breaking trust with New Zealanders.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
Solar geoengineering in wrong hands could wreak climate havoc, scientists warn
Thu 6 Nov 2025
Blocking the sun may reduce global heating – but ‘rogue actor’ could cause drought or more hurricanes, report finds.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Govt delays will damage carbon market confidence, experts warn
Tue 4 Nov 2025
By Liz Kivi | Emissions Trading Scheme experts have warned the Government that its move to delay decisions on the country’s emissions budgets will further undermine confidence in an already weak carbon market.
“Dirty and expensive:” City of Sydney bans gas as it votes to electrify all new big buildings
Thu 6 Nov 2025
The City of Sydney has followed the example of the ACT and Victoria governments and voted unanimously to require all newly built residential buildings, medium to large commercial buildings, hotels, and serviced apartment buildings, to be all-electric.
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.”
Bank of England must better address climate risk to tackle inflation
Tue 4 Nov 2025
The central bank is being urged to take a series of actions to better respond to environmental risks.
No major banks have yet committed to stop funding new oil, gas and coal, research finds
24 Oct 2025
‘The objectives of the Paris agreement are slipping further out of reach,’ say researchers.
TotalEnergies loses in Paris court, marking a turning point for fossil fuel truth-in-advertising
Wed 5 Nov 2025
TotalEnergies was found to have misled consumers about its role in the energy transition.
Lake Onslow battery project set for revival?
29 Oct 2025
A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
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
31 Oct 2025
In our round-up of climate coverage in local media: A controversial seabed mining project could lead to sediment flows knocking over rigs and damaging wind turbines; weather-related insurance claims climb; and is the government playing Russian Roulette with our future over methane targets?
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.
Z Energy settles greenwashing case over ‘quitting petrol’ claims
Tue 4 Nov 2025
By Shannon Morris-Williams | Z Energy has settled a landmark greenwashing case over claims it misled the public about moving away from petrol – a result Lawyers for Climate Action NZ says delivers long-overdue accountability.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
Supermarket fast-track a ‘cynical ploy’, risks climate and environmental protections
Wed 5 Nov 2025
By Shannon Morris-Williams | The Government’s “express lane for supermarkets” announcement has been met with fierce backlash, with critics calling the Fast-track Approvals Amendment Bill a Trojan horse that strips environmental protections, sidelines communities, and hands sweeping powers to ministers at the expense of democracy.
Undermining the ETS is poor policy – Mindful Money
Fri 7 Nov 2025
Politicising settings for the Emissions Trading Scheme creates uncertainty for investors at a time when we need clear and stable policy, says Mindful Money's Barry Coates.
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.
Climate impacts hit NZ with increasing wild weather
23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Judge says Greenpeace must pay $345 million in pipeline lawsuit, cutting jury amount nearly in half
31 Oct 2025
A North Dakota judge has ordered Greenpeace to pay damages of $345 million, reducing an earlier jury award after it found the environmental group and related entities liable for defamation and other claims in connection with protests of an oil pipeline nearly a decade ago.
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.
Here comes the sun: solar surge gathers pace
Tue 4 Nov 2025
More than $700 million of new solar investment advanced last week, underscoring the pace of the renewable buildout.
AgriZero backs first nitrous oxide solution with $1.2m investment
Thu 6 Nov 2025
By Shannon Morris-Williams | A Kiwi ag-tech start-up developing a device for cows to wear to drastically cut nitrous oxide emissions has secured $1.2 million in government-industry funding.
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.
Climate scientists and republican lawyers are taking aim at Big Tech’s emissions
17 Oct 2025
Technology companies have long been one of the biggest investors in clean energy, but new accounting rules could upend that.
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.
How ‘vehicle-to-grid’ technology could boost China’s electricity system
31 Oct 2025
China’s surging electric vehicles ownership – now exceeding 25.5m – is opening the door to a new technology that can help to enhance the flexibility of electricity supply.
Govt climate policy set by vested interests to delay emissions cuts - Carr
Thu 6 Nov 2025
By Liz Kivi | Rod Carr, former Climate Change Commission chair, says the Government’s move to unlink the Emissions Trading Scheme from our international climate target to 2030 undermines the credibility of emissions pricing as a tool for climate action – and is yet another Coalition Government policy designed to benefit vested interests rather than ordinary New Zealanders.
Fix it, don't ditch it: University of Auckland hosts first Repair Cafe
9 Oct 2025
Media release - Auckland University | The University's first-ever Repair Cafe is bringing students and staff together to give broken items a new lease on life, while promoting a culture of repair and reuse.
Council buys dairy farm to help clean up Lake Rotorua
21 Oct 2025
Bay of Plenty Regional Council has bought a 266-hectare dairy farm in the Lake Rotorua catchment and plans to retire it from production to reduce nitrogen entering the lake.
Adaptation plan at odds with public sentiment: survey
21 Oct 2025
By Liz Kivi | The Government’s position on climate adaptation buyouts shows a disconnect with public opinion, according to survey findings from insurer Suncorp NZ.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
