Topics tagged with 'Carbon prices'
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.
HALFWAY HOUSE: PM changes our climate focus
24 Apr 2019
Jacinda Ardern’s nuclear-free-moment speech on the campaign trail during the 2017 general election struck a chord.
Review has price cap message for Government
23 Apr 2019
The cap on carbon prices should be lifted, the Government has been told.
Hydrogen has a place, says new Clark group
4 Apr 2019
Hydrogen fuel could replace the Huntly coal and gas-fired power station to give New Zealand a totally renewable electricity generation system, the Helen Clark Foundation says in its first foray into public policy.
All corporates should come clean, says Sanford
2 Apr 2019
New Zealand’s largest fishing company is calling for all companies to monitor and report on environmental issues.
Let ETS do its job, says English's economist
1 Apr 2019
New Zealand should stay clear of direct intervention to bring down emissions from the electricity sector and instead let the Emissions Trading Scheme do its job.
Farming in ETS good move, says forestry expert
26 Mar 2019
Agriculture should be brought into the Emissions Trading Scheme as soon as possible – and farmers be given the opportunity to make money from it, the Government has been told.
Pioneer carbon trader to change hands
20 Mar 2019
The trading house that 10 years ago today handled the first trade under New Zealand’s Emissions Trading Scheme is about to change hands.
How emitters can't see the trees for the carbon
18 Mar 2019
Storing carbon in new native forests could help to bring down New Zealand’s greenhouse gas emissions and protect native species at the same time, researchers say.
Growing number of carbon schemes cover emissions
13 Mar 2019
Nearly 14 per cent of global greenhouse gas emissions will be subject to a carbon price this year, World Bank figures show.
Fertiliser firm wants balance in carbon credits
5 Mar 2019
A company given millions of dollars’ worth of free carbon credits says the system giving it the units should not be stopped until at least 70 per cent of its competitors also face a carbon price.
Report puts boardrooms on carbon liabilty notice
26 Feb 2019
The days of ignoring carbon prices and the risks associated with climate change are over, businesses are being told.
Industrial plants see low carbon price as barrier
22 Feb 2019
Low carbon prices are stopping many large plants switching to low-emissions fuels, a report says.
MONEY MYSTERY: How much will this cost us?
19 Feb 2019
Treasury expects most emitters to pay the Government a carbon fee this year instead of surrendering carbon credits – and that will cost the country money.
China is the big fish, says European ETS expert
5 Feb 2019
Linkages between emissions trading scheme in Europe and New Zealand are on the agenda – but it’s China that Europe is really interested in.
How NZ could offer a home to hydrogen
4 Feb 2019
Carbon prices of $300 to $400 a tonne could make hydrogen viable in New Zealand for electricity generation, a new report says.
Govt must show the way, says planning chief
30 Jan 2019
The head of the Planning Institute says the Government needs to step up and show the way for communities to plan for the impacts of climate change.
Hands off carbon price this year, says Contact
30 Jan 2019
Contact Energy is one of the companies which opposed the Government lifting the $25 carbon price cap this year.
MARKET REPORT: NZUs $25.05
30 Jan 2019
Spot NZUs opened at $25.05 bid and $25.20 offered this morning, after last fixing at $25.05.
Tiwai could lead way in new-deal aluminium
22 Jan 2019
The owner of New Zealand’s only aluminium smelter says the country could have a bright future producing low-emissions aluminium for a carbon-constrained world.
NZ art focussing on climate on display at Beijing Biennale
Today 11:30am
An artist responding to the consequences of climate disruption is the first New Zealander in six years to feature at the prestigious Beijing Art Biennale.
Hydrogen plant to start construction
Tue 10 Feb 2026
Construction is set to start this month on Hiringa Energy’s long delayed green hydrogen project in South Taranaki, after years of consenting fights that culminated in the Court of Appeal rejecting Greenpeace’s challenge in late 2023.
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.
Why Trump might be onboard with a UN carbon-offset programme for airlines
Today 11:30am
The president’s team has backed the rollout of an initiative that calls for the use of sustainable aviation fuel and carbon credits, even as Trump has pulled back from other international emissions-reduction efforts.
World fight against invasive species comes to Auckland
Tue 10 Feb 2026
Media release: University of Auckland | From countering invasive pink salmon in Norway to controlling feral cats in the Cayman Islands, knowledge on eradicating invasive species will be shared by international experts in New Zealand.
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.
EU weighing options to support industry in carbon market overhaul
Mon 9 Feb 2026
The European Commission is looking at various ways to support industries in an upcoming overhaul of the EU carbon market to prevent them moving to areas with lower pollution standards, the head of the Commission’s climate department said late on Wednesday.
Trump is wiping out all climate regulation. Big Oil may regret it.
Today 11:30am
For decades, oil majors fought climate regulation. Now, they’re afraid Trump’s extreme rollbacks could leave them on the hook to pay for what they’ve done.
LNG plan risks fossil fuel dependency: Environment Commissioner
Wed 11 Feb 2026
By Pattrick Smellie | Importing liquefied natural gas risks creating a “new path dependency on fossil fuel” unless LNG is ring-fenced for use only in the electricity system and only during extended periods of hydro-electricity water shortages, says the Parliamentary Commissioner for the Environment, Simon Upton.
LNG: a rational choice compared to unpalatable alternatives
Tue 10 Feb 2026
By Pattrick Smellie | COMMENT: By deciding to underwrite the private construction of a liquefied natural gas import facility in Taranaki, the Government has made a rational choice in favour of energy security and affordability.
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.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
Minister’s letters: Mildly positive or just virtue signalling?
5 Feb 2026
By Liz Kivi | The carbon market was buoyed slightly yesterday, after letters between the Government and the Climate Change Commission were proactively released.
Govt missing opportunity to slash electricity prices, says expert
Wed 11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
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.
January floods driven by tropical systems and La Niña conditions
Today 11:30am
Record-breaking rainfall across parts of Aotearoa in January was fuelled by tropical moisture and persistent low-pressure systems, with some regions recording more than five times their normal monthly rainfall, Earth Sciences New Zealand says.
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.
'Damning' report challenges forestry’s role in Tairāwhiti as sector rejects conclusions
4 Feb 2026
By Shannon Morris-Williams | New independent analysis commissioned by Mana Taiao Tairāwhiti challenges long-standing claims that industrial forestry underpins the Tairāwhiti economy.
Australian ministers met Japanese gas companies 20 times amid fossil fuel lobbying push
Wed 11 Feb 2026
Australian government ministers met Japanese gas company executives more than 20 times in the last term of parliament as Labor encouraged investment in the fossil fuel industry.
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.”
US is canceling almost $30 billion in Biden-era energy loans
27 Jan 2026
The Trump administration said it’s canceling almost $30 billion of financing from the Energy Department’s green bank after reviewing transactions approved under former President Biden.
Green Member’s Bill aims to give whales legal ‘personhood’
Mon 9 Feb 2026
The Green Party wants to give whales legal rights, including the right to sue.
Kiwi startup takes on global plastic pollution
Today 11:30am
A New Zealand startup is launching what it says is the world’s first plastic-free effervescent drink tablet, with the ambitious aim of eliminating bottled beverages to reduce global plastic pollution.
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.
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”.
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
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.
Greenpeace set to take UK Government to court over deep-sea mining licences
5 Feb 2026
Environmental NGO Greenpeace has kick-started a legal challenge against the UK Government’s decision to approve the transfer of two seabed exploration licences to a newly-formed mining company with US links.
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.
Ministers celebrate fast-track milestone amid criticism
Tue 10 Feb 2026
By Shannon Morris-Williams | The government is marking the first anniversary of its fast-track approvals regime, saying it is helping “build New Zealand’s future”, despite continued criticism from environmental groups, opposition parties, and industry voices following several controversial project decisions.
Govt looks to Commission for ways to shore up carbon price
4 Feb 2026
By Liz Kivi | The Government has asked the Climate Change Commission to look at lower auction volumes and an increase in the auction floor price as options to revive the Emissions Trading Scheme, as carbon prices remain weak.
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 change linked to decline in southern right whale
Today 11:30am
Scientists in Australia are warning southern right whales are showing signs of climate-related stress, just days after a Green Party Member’s Bill was introduced in New Zealand proposing legal personhood for whales.
Out of Paris, but will the US formally quit the UN climate regime?
30 Jan 2026
The Trump administration has decided to withdraw the US from the broader UN climate convention, raising questions about the legality of the move and what it means in practice.
Commentators slam Govt inaction in aftermath of climate change-fuelled storms
30 Jan 2026
By Liz Kivi | Climate action - or inaction - is shaping up to be an election issue, with multiple commentators drawing a line between the Coalition Government’s backsliding on climate targets and the deadly extreme weather events of the past week.
Major health risks linked to plastics emissions set to soar by 2040
28 Jan 2026
The adverse health consequences stemming from the global plastics system are projected to more than double by 2040, driven by greenhouse gases, air pollutants and toxic chemicals released throughout its lifecycle.
Rushed resource management reform bills unworkable: Environmental Defence Society
Wed 11 Feb 2026
By Shannon Morris-Williams | The Environmental Defence Society says significant amendments are needed to the government’s Natural Environment and Planning Bills, warning the proposed reforms risk weakening environmental limits, public participation, and regulatory certainty.
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.
Critical minerals talks with US questioned in Waitangi Tribunal climate inquiry
Mon 9 Feb 2026
By Shannon Morris-Williams | New Zealand and the United States' negotiations over critical minerals have raised questions for the Waitangi Tribunal’s long-running inquiry into climate change.
Australia's renewables boom delivers coveted power price payoff
Wed 11 Feb 2026
Australia's wholesale electricity prices fell to the lowest in four years in 2025, bucking the rising price trends seen elsewhere and validating claims that renewables-heavy power system overhauls can help lower consumer power costs.
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.
NZ-UAE partnership boosts advanced tech
Mon 9 Feb 2026
Media release | A new Antarctic science partnership with a leading UAE university will grow New Zealand’s advanced engineering and modelling capability, supporting high-value jobs, encouraging economic growth, and enabling smarter climate risk management, Science, Innovation and Technology Minister Dr Shane Reti says.
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.
China maximises battery recycling to shore up critical mineral supplies
Wed 11 Feb 2026
Beijing is bracing for a tsunami of spent EV batteries by taking steps to boost recycling – a strategy that could also cut its reliance on imports of clean energy minerals.
Vanuatu introduces draft UN resolution on ICJ demanding full climate compensation
Wed 11 Feb 2026
Media release: Vanuatu Government | Vanuatu has introduced the zero draft of a United Nations General Assembly resolution to endorse the International Court of Justice’s advisory opinion on the obligations of states in respect of climate change, delivered on 23 July 2025.
EU to ban destruction of unsold clothes and shoes
Today 11:30am
The European Commission has adopted new measures that will require medium and large companies to stop discarding unsold clothing and footwear, in the bloc’s latest move to target textile waste.
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.
Argentina fires ravage pristine Patagonia forests, fueling criticism of Milei’s austerity
4 Feb 2026
The wildfires, among the worst to hit the drought-stricken Patagonia region in decades, have devastated more than 45,000 hectares (174 square miles) of Argentina’s forests in the last month and a half, forcing the evacuation of thousands of residents and tourists.
World's first 20 MW offshore wind turbine powers grid in China
Tue 10 Feb 2026
The world's most powerful offshore wind turbine has begun feeding electricity into the grid off the coast of southeast China, marking a major technological leap in the country's wind power industry.
