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Topics tagged with 'Carbon prices'

More in: Carbon prices
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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.

Lizzie Chambers

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

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.

Matt Sharpe

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.

Simon Upton

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.

Russel Norman

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.

Catherine Leining

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.

Dr Rod Carr

Banking academic to head climate commission

8 Oct 2019

Former Reserve Bank chair Dr Rod Carr will head the Climate Change Commission.

Jason Patrick

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.

Catherine Leining

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.

Antonio Guterres and Climate Minister James Shaw

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.

Thomas Song

Carbon market pioneer Thomas Song dies

16 Apr 2019

A New Zealand carbon market pioneer has died.

Kathy Errington

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.

Matt Burgess

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.

Euan Mason

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.

Nigel Brunel

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.

Adaptation
More >
Flooded road in Northland

‘Stop burning fossil fuels’ pleads scientist as extreme rain causes floods yet again

Fri 27 Mar 2026

Northland and Auckland have again been lashed by heavy rain, with hundreds of people evacuated last night because of extensive flooding in the Far North, and some areas hit by more than a month's average rainfall in just 24 hours.

Agriculture
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Beef production drives 40% of agriculture-linked forest destruction, Brazil leads

Thu 26 Mar 2026

Beef production is the leading driver of agriculture-linked deforestation, accounting for 40% of all ‌forest clearing done to open space for food production, according to details of a study released on Tuesday.

Airlines
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$30m airline fund risks ‘burning public money’ without lasting benefit – expert

20 Mar 2026

By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.

Aviation
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Signs of jet fuel hoarding emerge in Asia on Iran oil shock

Thu 26 Mar 2026

Signs are growing that Asian countries are hoarding jet fuel after the Iran war sent oil prices surging, reflecting growing strain on the aviation industry.

Biodiversity
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Planting mānuka might bring birds, bats and insects back to farms

23 Mar 2026

Media release | New research published today in the New Zealand Journal of Ecology shows that Mānuka forests planted to support honey production provide positive nature-related impacts.

Biofuels
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Air NZ joins Marsden Point SAF project

3 Mar 2026

By Pattrick Smellie | Air New Zealand has quietly added its name to a consortium exploring the viability of green hydrogen production for sustainable aviation fuel at Channel Infrastructure’s Marsden Point energy hub.

Carbon Credits
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Tuvalu prioritises climate change in agreement with NZ

Fri 27 Mar 2026

By Liz Kivi | New Zealand has pledged an additional $20 million to climate resilience work in Tuvalu, more than doubling Aotearoa's aid to the tiny island nation in the current financial year.

Carbon News world
More >

US cannot meet Iran war-induced LNG shortfall: industry leaders

Fri 27 Mar 2026

Business leaders are warning that the United States lacks the infrastructure to alleviate a global LNG shortage caused by the US-Israel war on Iran, which has kept a fifth of the world's energy supplies from leaving the Gulf.

Coal
More >

NSW to ban new coalmines in major shake-up for $23bn industry

23 Mar 2026

A major shake-up is on the way for one Australian state’s single biggest export, which powers homes here and abroad.

Comment
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Hormuz crisis critical to New Zealand

10 Mar 2026

By Nathan Surendran | COMMENT: Why the Hormuz crisis is a symptom, not the disease – and what it means for New Zealand.

Construction
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Sustainable retail-office project breaks ground under new Green Star framework

19 Feb 2026

Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.

COP
More >
Resources Minister Shane Jones and New Zealand First deputy leader Shane Jones

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.

Emissions trading
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Carbon price: Ups and downs amid geopolitical uncertainty

Thu 26 Mar 2026

By Liz Kivi | After ups and downs in recent weeks, the carbon market again broke above the $40 mark this week, with questions around how the Middle East conflict will play out weighing on market confidence.

Energy
More >
Opportunity Party candidates (from left to right): Jessica Hammond, deputy leader Daniel Eb, leader Qiulae Wong, and Kayla Kingdon-Bebb.

WWF boss joins Opportunity Party with centrist climate pitch

Thu 26 Mar 2026

By Shannon Morris-Williams | The Opportunity Party has unveiled its first slate of candidates ahead of November's election, including World Wildlife Fund Aotearoa chief executive Kayla Kingdon-Bebb, as the party positions itself as a 'centrist environmental force' ahead of the election.

Extinction
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WWF-New Zealand chief executive Kayla Kingdon-Bebb

Environmental groups call for ETS reform

20 Feb 2026

Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.

Extreme weather
More >
Emergency Management and Recovery Associate Minister Chris Penk

Gisborne $29.7m recovery funding bid awaits Government decision

Fri 27 Mar 2026

By Zita Campbell, Local Democracy Reporter | Gisborne leaders are awaiting the Government’s response to a $29.7 million funding bid for a joint agency/iwi-led recovery plan after January’s severe weather event.

Fishing
More >

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.

Forestry
More >
Associate Professor Ru Hong

Carbon trading schemes cut more emissions than carbon taxes, according to global study

20 Mar 2026

By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.

Gas
More >

LNG sold as insurance, but modelling points to a bigger role

19 Mar 2026

New Zealand’s gas market is heading for a sharp contraction whether the country sticks with domestic supply alone or introduces liquefied natural gas imports.

Geothermal
More >

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.”

Green finance
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Gaps in adaptation taxonomies hinder climate finance in Asia: report

5 Mar 2026

Without clearer criteria and metrics in adaptation taxonomies, Asia risks widening its climate financing gap, warns a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).

Greenhouse Effect
More >
National Center for Atmospheric Research, Boulder, Colorado

Top scientist speaks out against Trump regime’s attack on premier research centre

23 Mar 2026

By Liz Kivi | Kevin Trenberth, one of the world’s leading climate scientists, now based in New Zealand, has told the Trump administration he is “appalled” at its attempt to break up the international research centre he has been associated with for nearly 50 years.

Greenwashing
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Five trees can’t offset a car: Lawyers accuse Mazda of greenwashing

9 Mar 2026

By Shannon Morris-Williams | Lawyers for Climate Action NZ is taking Mazda to the Advertising Standards Authority over its claims that a tree-planting programme will offset vehicle emissions.

Hydro power
More >
Climate Change and Energy Minister Simon Watts

Govt missing opportunity to slash electricity prices, says expert

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.

Hydrogen
More >
Castlepoint lighthouse, Wairarapa

NZ prepares to join ‘gold rush’ for white hydrogen

Wed 25 Mar 2026

By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.

Insurance
More >

Media round-up

20 Mar 2026

In our round-up of climate coverage in local media: Crown lawyers agree High Court could quash emissions plan if found unlawful; NZ is locked in 'disaster inertia'; and climate change is notably absent from new development laws.

Kyoto
More >
Waitangi Treaty Grounds

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.

Litigation
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Protesters outside Wellington High Court at the start of the hearing on Monday

Govt process to change climate plan ‘fundamentally flawed’, says judge

18 Mar 2026

By Pattrick Smellie | The government’s 2024 changes to New Zealand’s first Emissions Reduction Plan was “as fundamentally flawed a process as I think I have ever seen”, the judge presiding in a case challenging climate change decision-making has said.

Low carbon
More >

Cleantech expo coming to Auckland

Thu 26 Mar 2026

New Zealand’s first national cleantech expo is set to bring together 30 innovators, in what organisers say is the country’s fastest growing area in the tech sector.

Mining
More >

Activists occupy controversial gold drilling site

Wed 25 Mar 2026

By Max Frethey, Local Democracy Reporter | Opposition in Golden Bay to a controversial gold mine at Sams Creek has flared up over the weekend after several activists briefly occupied a drilling site.

NZ Market Report
More >

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.

Oceans
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Worst in a generation: Environmentalists slam fisheries reform bill

Wed 25 Mar 2026

Media release: Greenpeace | The Fisheries Amendment Bill, which will likely have its first reading in parliament this week, is being labelled the worst fisheries policy in a generation by environmental groups who are calling for it to be rejected to protect ocean health.

Paris Agreement
More >
Protestors outside Wellington High Court yesterday

Close questioning over ‘ministerial latitude’ at climate hearing

17 Mar 2026

By Pattrick Smellie | Lawyers challenging the legality of the government’s emissions reduction plans faced close questioning on the limits of ministerial foresight in the first of three days of hearings at the Wellington High Court yesterday.

Planetary boundaries
More >

Kiwis overly optimistic about state of environment

27 Feb 2026

By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.

Plastics
More >

‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics

24 Feb 2026

Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?

Policy development
More >

Govt’s relief package risks entrenching fossil fuel dependence, critics warn

Wed 25 Mar 2026

By Shannon Morris-Williams | The Government’s $373 million fuel relief package is facing criticism for propping up petrol use rather than reducing demand, as prices surge and some experts predict fuel shortages due to conflict in the Middle East.

Protest
More >

Media round-up

20 Feb 2026

In our round-up of climate coverage in local media: 'Every tonne matters': The climate scientist who wants to give you hope; Minister says managed retreat is an option; and climate change is here – is New Zealand ready?

Rare earth minerals
More >

China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom

25 Feb 2026

China’s grip on rare earths might finally see some competition, and the world is already taking notice.

Renewable energy
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Solar is Southeast Asia’s cheapest buffer against future shocks

Thu 26 Mar 2026

Southeast Asian countries’ planned expansion of gas power could increase the cost of generating electricity to $109 billion by 2030 based on future price projections — more than double the cost of generating the same amount of electricity with solar.

Science
More >
PyroGenesis Plasma Torch

World-leading plasma torch takes aim at NZ's most potent greenhouse gases

Tue 24 Mar 2026

Media release | A high-tech plasma torch was lit up today as Minister of Conservation, Hon Tama Potaka, officially opened the $10 million National Refrigerant Destruction Facility – signalling a new era in addressing the environmental impact of New Zealand’s most potent greenhouse gases.

Tax
More >
Conservation Minister Tama Potaka

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.

Technology
More >

Why the Iran war may have just killed the AI boom

Thu 26 Mar 2026

The $1.5 trillion in committed AI infrastructure spending by major tech companies is built on an assumption of a functional global supply chain, which the Iran conflict has fundamentally broken.

The House
More >

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.

Transport
More >

Govt's $50m EV charging boost to double network

23 Mar 2026

By Shannon Morris-Williams | More than 2,500 new EV chargers are set to be rolled out across New Zealand, more than doubling the public network – but still leaving the total at less than half the Government's 10,000 target.

Waste
More >

Infrastructure plan calls for ‘predictable approach’ to electrifying economy

18 Feb 2026

Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.

Water
More >

Global coastal sea-level risks may be underestimated, say scientists

5 Mar 2026

By Shannon Morris-Williams | Coastal communities across the Pacific and Southeast Asia could be facing greater sea-level rise risks than previously estimated, researchers say.

Wildfires
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AI tool predicts wildfire danger faster than current systems

Thu 26 Mar 2026

Media release | A wildfire forecasting system powered by artificial intelligence could help detect dangerous fire conditions earlier and reduce the cost of wildfire response, according to new research from Te Whare Wānanga o Waitaha | University of Canterbury.

Wind energy
More >

Western Australian communities want mandatory payments from new renewable developments

6 Mar 2026

The West Australian government wants to make new wind and solar farms pay into community funds, but host towns say more work needs to be done to make sure the payments actually happen.

More in: Carbon prices
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