Topics tagged with 'Carbon prices'
Government goes for silence on ETS
19 May 2020
The Government will make no announcements about changes to the Emissions Trading Scheme until after surrender date on May 31.
Rising prices push up free-credits cost
15 May 2020
Rising carbon prices are pushing up the on-going cost of giving free carbon credits to emitters.
Ammonia no wonder-fuel, says NZ expert
13 May 2020
Ammonia is unlikely to become a wonder-fuel in the near future, a New Zealand energy expert says.
ETS faces biggest overhaul in 10 years
5 May 2020
The biggest overhaul of the Emissions Trading Scheme since it was gutted in 2010 is back before Parliament.
Free credits could be lifeline for Marsden refinery
24 Apr 2020
Free carbon credits could be worth $18 million a year for the Marsden Point oil refinery and in some years be the difference between profit and loss, Treasury says.
ClimCom sees greening bonus from pandemic plans
14 Apr 2020
The Climate Change Commission is calling on the Government to use its covid-19 recovery plan to kick-start the country’s decarbonisation and says reform of the Emissions Trading Scheme should continue.
POLITICS: Roll out the big guns
9 Apr 2020
The Government’s climate programme is under double-fire this week.
Carbon markets will keep the doors open
25 Mar 2020
New Zealand’s carbon markets will continue trading through the covid-19 pandemic shutdown.
Carbon prices suffer as global economy sweats
19 Mar 2020
The global economic downturn brought on by the Covid-19 pandemic is hitting carbon prices.
Customers made the call, says new carbon operator
18 Mar 2020
The operator of a new carbon-trading platform says it is responding to demand from its customers.
Big emitters get pandemic warning
17 Mar 2020
Allowing emitters to use the Covid-19 pandemic as an excuse to slow action on climate change would be a mistake, environmental organisations are warning.
ClimCom wants to see $50 carbon cap now
10 Mar 2020
The Climate Change Commission says controls on carbon prices should be lifted to about $50 a tonne now.
We need to know changes to ETS, say foresters
28 Feb 2020
Forest owners – who yesterday called for a $200-a-tonne carbon tax on the burning of coal – say changes to the Emissions Trading Scheme should be signalled in the May Budget.
Pricey carbon could push up prices at the pump
26 Feb 2020
Carbon prices of $50 a tonne – the figure the Government is putting forward as the new price cap – could put the price of diesel up 13c a litre and petrol up 7c a litre.
Air NZ emissions climbing, says global report
18 Feb 2020
Air New Zealand’s greenhouse gas emissions are rising faster than its emissions-reduction schemes are coping with, a new paper shows.
Carbon pricing role crucial, say experts
18 Feb 2020
Carbon pricing is emerging as central to international climate negotiations, the Mercator Climate Institute says.
ETS deal cuts oil refinery gas emissions
17 Feb 2020
Greenhouse gas emissions from the Marsden Point oil refinery have fallen 20 per cent as a result of a deal exempting the refinery from the Emissions Trading Scheme, the company says.
Climate change low on Nats' question list
17 Feb 2020
Fewer than five per cent of the written questions to Government ministers lodged this year are about climate change.
Row brews over free credits to heavy emitters
14 Feb 2020
Tension is building over the allocation of free carbon credits to trade-exposed heavy emitters.
OPINION: Why the market ups and downs?
4 Feb 2020
By LIZZIE CHAMBERS | Since the Government's proposed ETS settings were announced just prior to Christmas, we have watched NZU prices jump up significantly.
NICK SMITH: How National's ETS did the job
31 Jan 2020
National MP and former climate minister Nick Smith says his Emissions Trading Scheme has seen New Zealand out-perform Australia on emissions reduction.
Way now clear for wood, say biomass champions
29 Jan 2020
The Government’s latest move towards getting rid of coal-fired boilers in hospitals and schools shows growing market confidence in the country’s biomass supply, the Bionergy Association says.
Greens vow to make polluters foot the bill
29 Jan 2020
The Greens go into the September 19 election promising to “fix” the carbon price.
ETS proposals bring record carbon prices
28 Jan 2020
New Zealand carbon prices have shot to record levels on the back of proposed changes to the Emissions Trading Scheme.
Climate-impact reporting to be mandatory
4 Dec 2019
The Government is to assess the climate implications of every major decision it makes.
Treasury casts eye over emissions changes
18 Nov 2019
Greenhouse gas emissions from farming will fall 12 per cent by the middle of the century even without a carbon price, Treasury says.
National Party applauds farmers' pine protest
15 Nov 2019
The National Party says it supports farmers who marched on Parliament yesterday demanding a halt to the planting of carbon forests on productive farmland.
Mercury gives green light to country's biggest windfarm
13 Nov 2019
Mercury is going ahead with plans to build the country’s largest windfarm.
Upton wants more bite for environment reporting
8 Nov 2019
The Government should have to at least respond to official reports on the state of New Zealand’s environment and climate, says the Parliamentary Commissioner for the Environment.
Staunch Nats vow to change zero-carbon bill
4 Nov 2019
National still hopes to drive through changes to the zero-carbon bill before it is passed this week.
EDITORIAL: A Shaw thing
25 Oct 2019
By publisher ADELIA HALLETT | Climate minister James Shaw, take a bow - you deserve five minutes in the sun for doing what none of your seven predecessors did.
Former Greens leader roasts Shaw's carbon bill
23 Oct 2019
Climate minister James Shaw will let the climate commission control carbon prices if he’s serious about cutting emissions, says the man who preceded him as co-leader of the Green Party.
High carbon price has downside, says gentailer
17 Oct 2019
High carbon prices could hinder electrification of New Zealand’s energy sector, the country’s largest electricity retailer says.
Higher carbon prices vital, says ETS expert
9 Oct 2019
Rising carbon prices are critical to getting New Zealand’s greenhouse gas emission down, business leaders have been told.
Banking academic to head climate commission
8 Oct 2019
Former Reserve Bank chair Dr Rod Carr will head the Climate Change Commission.
Green fund hires clean-investment banker
24 Sep 2019
A former Bank of America Merrill Lynch vice-president with a background in financing “clean” investment is heading the investment programme of the Government’s Green Investment Fund.
Cabinet refuses to show ETS farming papers
9 Sep 2019
The Government is refusing to release six documents relating to farming and the Emissions Trading Scheme.
Big Four's free credits top $1 billion mark
13 Aug 2019
Four companies have been given a total of more than $1 billion worth of free carbon credits in the latest round of subsidies under the Emissions Trading Scheme.
Cash for credits could cause taxpayer headache
12 Aug 2019
Money instead of carbon credits was used to offset half the greenhouse gas emissions liable under the Emissions Trading Scheme last year - creating a potential financial liability for taxpayers.
Government rules out carbon market agency
5 Aug 2019
The Government says it will not set up a new agency to set the volume of carbon credits in the market.
RMA overhaul could see planning role for gases
24 Jul 2019
The Government is opening the door to greenhouse gas being considering in planning applications.
Government moving to auction system - and soon
10 Jul 2019
The Government is gearing up to auction carbon units from the end of next year at the latest.
Touring by car ups emissions, says report
27 Jun 2019
Domestic and international tourists driving cars are pushing up New Zealand’s greenhouse gas emissions, counteracting a small drop in emissions from industry.
Emissions pricing not working, says World Bank
11 Jun 2019
Just one per cent of global greenhouse gas emissions are at prices likely to drive the emissions cuts needed to preserve life as we know it, the World Bank says.
Taxpayers face $600m carbon prices bill
31 May 2019
Rising carbon prices are likely to cost taxpayers $600 million this year.
Emitters choose to pay carbon fee to Govt
31 May 2019
More emitters this year are opting to pay the Government fee instead of surrendering carbon units, leaving the Government with a potential carbon deficit when it comes to meeting the country’s international obligations.
Pricing delay carries risks, says ETS expert
17 May 2019
The Government is exposing the country to significant risk by delaying changes to the carbon pricing regime, says one of the architects of the Emissions Trading Scheme.
UN chief pushes case for carbon taxes
14 May 2019
United Nations Secretary-General Antonio Guterres says income taxes should be replaced with carbon taxes.
Carbon farming could be the way, says Rabobank
3 May 2019
Agricultural finance specialist Rabobank is telling farming customers to think about carbon farming, saying it could be more profitable than farming animals.
Agriculture about to get the emissions answer
29 Apr 2019
The agricultural sector will find out soon whether it is likely to come into the Emissions Trading Scheme.
What happens to net zero if the trees don’t survive?
Wed 20 Aug 2025
When climate change undermines the climate plan.
Media round-up
Fri 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?
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.
Why plane turbulence is becoming more frequent - and more severe
6 Aug 2025
As climate change shifts atmospheric conditions, experts warn that air travel could become bumpier: temperature changes and shifting wind patterns in the upper atmosphere are expected to increase the frequency and intensity of severe turbulence.
Bolivia will choose a new president but environmental activists see little hope of progress
Fri 22 Aug 2025
Many Indigenous and environmental leaders doubt the election will bring progress in stopping deforestation, wildfires or pollution in the Amazon.
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.
‘Problems looming’ for Govt's key climate tool
Fri 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.
Record solar growth keeps China’s CO2 falling in first half of 2025
Fri 22 Aug 2025
Clean-energy growth helped China’s carbon dioxide (CO2) emissions fall by 1% year-on-year in the first half of 2025, extending a declining trend that started in March 2024.
Coal mining company continuing with fast-track plans despite costly protest
Fri 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.
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
Mon 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.”
Certainty crucial to emissions cuts – Watts
Wed 20 Aug 2025
By Shannon Morris-Williams | Climate Change Minister Simon Watts says that policy certainty is the Government’s primary lever for unlocking private capital and meeting climate targets, telling a carbon forestry conference that ETS settings are 'locked' through 2030.
Why helping customers electrify is a growth opportunity for energy retailers
Fri 22 Aug 2025
Media release – Cogo | The global shift to a low-carbon economy is transforming the energy market. For energy retailers, this shift brings both pressure and possibility.
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.
Nearly half of Kiwi in the dark about risks facing their homes
Fri 22 Aug 2025
Media release – Tower | As weather events become more frequent and extreme its important people have information about the risks that could affect their property.
Latest trawl bycatch numbers 'a grim wake-up call'
24 Jun 2025
Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.
Cyclone Gabrielle’s intense rainfall made landslides inevitable
Wed 20 Aug 2025
Cyclone Gabrielle was one of the most extreme landslide-triggering events ever recorded globally.
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.
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.
Governments in Global South get dedicated support to tap into carbon markets
Thu 21 Aug 2025
Media release – VCMI | A new toolkit will help emerging markets and developing economies decide how best to generate and sell carbon credits to access climate finance, accelerate innovation and help close the $1.3 trillion climate finance gap.
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.
Watts talks big on energy reform, but barriers persist
29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
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.
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.
Forestry sector could take legal action over ETS changes
14 Aug 2025
By Liz Kivi | The forestry sector is threatening legal action against the Government over changes to legislation intended to limit whole farm-to-forest conversions in the Emissions Trading Scheme.
Forestry the source of all ETS risk, says top economist
15 Aug 2025
By Shannon Morris-Williams | Forestry is the source of all of the risk in New Zealand's Emissions Trading Scheme and it's inevitable that the scheme has to be reformed, according to Parliamentary Commissioner for the Environment chief economist Geoff Simmons.
Govt opts for status quo for ETS auctions
Tue 19 Aug 2025
By Liz Kivi | The government has chosen not to increase auction volumes in the Emissions Trading Scheme, a decision applauded by carbon market insiders and climate campaigners alike, despite it contradicting the Climate Change Commission’s advice.
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.
Oil states accused of using scare tactics in bid to sink green shipping deal
12 Aug 2025
Saudi Arabia, Iran and other oil-reliant countries are campaigning to stop the adoption of the IMO’s Net-zero Framework in October.
Brazil issues last-ditch plea for countries to submit climate plans ahead of COP30
Wed 20 Aug 2025
Only 28 countries have submitted carbon-cutting proposals to the UN, with some of the biggest emitters yet to produce plans.
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'
Mon 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.
Strong NZ representation in upcoming global climate report
Thu 21 Aug 2025
By Shannon Morris-Williams and Liz Kivi | Eighteen New Zealanders are among more than 600 experts appointed by the IPCC for its next painstaking scientific deep dive into the drivers of climate change, its impacts and future risks, and how adaptation and mitigation can reduce those risks.
Activists facing intimidation tactics at Bathurst mine
Tue 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.
The US Department of Agriculture bans support for renewables, a lifeline for farmers
Thu 21 Aug 2025
The agency said it’s concerned that farmland is being consumed by wind and solar facilities – which occupy a tiny fraction of the country’s productive acres.
Will reflective roofs help beat the heat?
15 Aug 2025
Media release - University of Auckland | About 500 roofs across four continents have been painted with a reflective coating, as part of research into tackling the health impacts of climate change.
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’.
Carbon price underperforming: Environment secretary
13 Aug 2025
By Liz Kivi | The government has been focussed on reducing the Emissions Trading Scheme ‘stockpile’ and carbon prices should rise soon, according to the Secretary for the Environment.
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.
African $60 billion high-speed rail project takes shape
15 Aug 2025
One of the largest infrastructure projects in Africa has received a new update that could see construction begin soon.
'Yet another rate': Franz Josef ratepayers balk at $2.8m stopbank extension
4 Aug 2025
By Lois Williams, Local Democracy Reporter | Franz Josef ratepayers have given the thumbs down to plans for a $2.8 million stopbank extension to protect the town’s sewerage plant from the Waiho River.
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.
For the first time, China invests more in wind and solar than coal overseas
29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
