Topics tagged with 'Carbon prices'
Carbon credits key to finding project capital
27 Sep 2017
Issuing carbon credits for schemes that cut greenhouse gas emissions could tip the balance in favour of projects like public transport, a consultant says.
Furious farmers should get with the programme
22 Sep 2017
Political protests this week over fart taxes and water charges are at odds with research showing the agricultural sector knows it has to pay for its pollution.
TAX OR TRADE?: It doesn't make much difference
19 Sep 2017
Ditching the Emissions Trading Scheme in favour of a carbon tax will not solve New Zealand’s emissions woes, a new report says.
Nats vow to 'turbo-charge' farming grants
12 Sep 2017
National is promising to almost triple the money it allocates to the Sustainable Farming Fund if it is returned to power.
Coalition candidates want to rid us of ETS
11 Sep 2017
Two of the parties that could be involved in any centre-left coalition after the election want to scrap the Emissions Trading Scheme.
Researchers to probe rich options for Maori land
23 Aug 2017
Rising carbon prices mean carbon farming, backed by manuka honey production, is becoming a viable use of Maori land, says the head of a Ruatoria charitable company.
Emissions group to probe lack of carbon cap
10 Aug 2017
New Zealand’s lack of a carbon cap is one of the issues on the table for the Productivity Commission.
Foresters fine, but the ETS has some problems
2 Aug 2017
The forestry sector has behaved rationally in response to the Emissions Trading Scheme - but the scheme itself hasn’t always been rational, a new analysis shows.
ETS changes of little help, say foresters
1 Aug 2017
The Government’s latest changes to the Emissions Trading Scheme will do nothing to get more trees in the ground, the forestry sector says.
Greens put case for billion-dollar growth fund
17 Jul 2017
A billion-dollar Green Infrastructure Fund and New Zealand at net-zero emissions by 2050 will be priorities for the Green Party in government.
IT'S OFFICIAL: Ministers get the word on ETS changes
5 Jul 2017
Official advice on changes to the Emissions Trading Scheme has made its way from officials to ministers.
G20 fossil fuel investment threatens Paris targets
5 Jul 2017
G20 countries have stepped up green finance, but their investment in fossil fuels remains so high that the “well below 2 degree” warming limits set in the Paris Agreement will be missed by a wide margin, a new report shows.
Federated Famers warns of consequences
26 Jun 2017
Federated Farmers is warning politicians of “consequences” if agricultural emissions are brought into the Emissions Trading Scheme before other countries put a carbon price on farming.
EDITORIAL: What this $14 billion figure is all about
25 May 2017
The $14.2 billion being bandied about this week as the cost of New Zealand's Paris Agreement pledge is not solely attributable to the purchase of international carbon credits.
Buying Euro credits would pay off, says trader
24 May 2017
New Zealand should hedge its international carbon risk by buying European carbon units, a broker says.
Free credits cost taxpayers almost $1.7 billion
16 May 2017
Free carbon credits for trade-exposed heavy emitters have cost taxpayers nearly $1.7 billion.
Foresters want carbon price range and ETS promise
11 May 2017
A price range for carbon and a promise that changes to the Emissions Trading Scheme will be backdated would get landowners planting carbon-sequestering trees now, says the Forest Owners’ Association.
MPs out of the loop on farm emissions advice
10 May 2017
Parliament has again been told that the Government is getting advice on bringing agricultural emissions into the Emissions Trading Scheme.
FACE THE FACTS: The Government has done little
28 Apr 2017
Two major reports on climate change – one on the likely impacts on New Zealand, the other on ways the country can cut emissions – were released a year ago by the country’s top scientific body, the Royal Society. Energy expert RALPH SIMS, who chaired the report committee, reflects on progress.
Native forests have potential to earn millions
26 Apr 2017
Landowners with 10,000 hectares of native forest could earn $1.5 million a year in carbon credits, a new report says.
Greens want to up carbon price and cut fossil fuels
20 Apr 2017
Higher carbon prices and a ban on new fossil-fuel electricity generation plants are the cornerstones of the Green Party’s plan to get New Zealand to 100 per cent renewable generation by 2030.
Bennett rules out farming and climate commission
18 Apr 2017
Climate minister Paula Bennett says carbon prices need to go higher, but she won’t be putting a price on agricultural emissions and she doesn’t think New Zealand needs a climate commission.
POWER POSERS: Energy industry worries and waits
7 Apr 2017
Uncertainty over the Government’s plans to implement the Paris Agreement on climate change is keeping New Zealand’s energy executives awake at night, says the World Energy Council.
Carbon price fall springs $100m surprise
7 Apr 2017
A fall in the price of carbon has left the Government with a smaller-than-expected liability on its books.
Politicians go face-to-face with environment facts
6 Apr 2017
The state of New Zealand’s environment is on the agenda for the country’s politicians today.
SIMON UPTON: Credits, caps and cross-party deals
3 Apr 2017
The man likely to be the next Parliamentary Commissioner for the Environment says there might not be enough international carbon credits available to meet New Zealand’s Paris Agreement targets.
Officials have mid-year date with ETS changes
30 Mar 2017
Officials will report to the Government in the middle of the year on the next round of changes to the Emissions Trading Scheme.
Farmers join in as landowners return to planting
29 Mar 2017
Landowners are planting forests again – and farmers looking to offset emissions appear to be among them.
OECD REPORT: We need price on agricultural emissions
21 Mar 2017
The OECD says New Zealand needs to put a price on greenhouse gases from the agricultural sector.
Morganists want new approach to controls on farming
10 Mar 2017
The Opportunities Party would put a cap on New Zealand’s greenhouse gas emissions, get rid of the $25 carbon price cap and free credits for heavy emitters and bring some agricultural emissions into the Emissions Trading Scheme.
Government eyes land-use changes to cut emissions
22 Feb 2017
The Government is looking at changing some current land uses – including forestry and farming – to cut New Zealand’s greenhouse gas emissions.
University report slams Government energy policies
15 Feb 2017
The Government’s energy policies take a battering in new research from Otago University.
Include farming in ETS, says former climate envoy
3 Feb 2017
Our former climate ambassador says that agriculture should be brought into the Emissions Trading Scheme – even if it is treated differently.
Linking carbon market would be a clever move
1 Feb 2017
New Zealand could cut the cost of meeting its international emissions reductions targets by linking its carbon market to emerging markets in Asia.
Bennett stands alone in climate change portfolio
19 Dec 2016
The climate portfolio is now held by the deputy prime minister – the highest ranking it has ever had in New Zealand.
ZERO EMISSIONS: Study will show us how to do it
9 Dec 2016
An international economist is in New Zealand preparing a report on how the country can cut all greenhouse gas emissions by 2050.
CLIMATE CALL: Waterway plantings worth billions
6 Dec 2016
New Zealand will be billions of dollars a year better off if it plants trees along waterways.
Trading group hails EU climate strategy move
2 Dec 2016
The European Commission’s Winter Package is a further step toward harmonising the bloc’s climate and energy strategy, says the International Emissions Trading Association.
Government prepares for 2030 carbon price of $152
8 Nov 2016
The Government is pricing carbon into its forward projections at up to $152 a tonne in 2030.
Fossil fuel majors strut their stuff for Marrakech
8 Nov 2016
The oil industry has been in damage limitation mode ahead of this week’s climate change talks in the Moroccan city of Marrakech.
Government getting serious about forestry
3 Nov 2016
The climate ministers are seriously considering the Parliamentary Commissioner for the Environment’s afforestation proposals, it was revealed yesterday.
$2.5b carbon bill hanging over heads of Treelords iwi
27 Oct 2016
The Maori owners of land under the Southern Hemisphere’s largest plantation forest face a potential carbon liability of nearly $2.5 billion – yet have received credits for just a fraction of the carbon stored in the trees.
MEMO INVESTORS: You can't ignore climate change
25 Oct 2016
Investors can no longer ignore climate change, says a global asset-management company.
Millions worth of free credits sit in private accounts
20 Oct 2016
Non-forestry carbon credits worth more than $350 million – many of them given by taxpayers to large industrial emitters – are sitting in private carbon accounts.
Watchdog's farm emissions report out later today
19 Oct 2016
Parliamentary Commissioner for the Environment Dr Jan Wright’s long-awaited report on agricultural greenhouse gas emissions will be released today.
Paris promises could cost country $70 billion
18 Oct 2016
MEETING New Zealand’s Paris pledge could cost more than $70 billion and see carbon hit $300 a tonne if the country doesn’t have access to international carbon markets.
Australian businesses keen to join global carbon trade
18 Oct 2016
AUSTRALIA'S conservative government might have ditched the country’s emissions trading scheme, but businesses across the Tasman still want to get involved in international carbon trading, a survey shows.
Minister hints at setting minimum carbon price
12 Oct 2016
New Zealand could impose a minimum price on carbon.
Australian firms accept role of carbon prices
12 Oct 2016
Most major Australian companies are factoring carbon prices into their budgets, despite the fact the country no longer has a carbon tax or emissions trading scheme.
Businesses plead for more ETS information
6 Oct 2016
The Government should be providing more information on the workings of the Emissions Trading Scheme – including carbon price forecasts and trading data, say participants in the scheme.
FMA urges sharper focus on climate risk disclosures
Tue 26 May 2026
By Shannon Morris-Williams | New Zealand companies are making steady progress in climate-related financial disclosures, but the Financial Markets Authority says many organisations still need to provide clearer and more robust reporting on physical climate risks and their potential business impacts.
Officials told Govt not to stop climate court case
Today 12:45pm
By Liz Kivi | Government officials advised ministers not to intervene in a groundbreaking climate court case, according to newly released documents.
$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.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
Govt ramps up war on wilding pines with $79m boost
Mon 25 May 2026
By Shannon Morris-Williams | The Government is ramping up efforts to contain the spread of wilding pines with a $79 million funding boost aimed at protecting farmland, biodiversity hotspots, tourism landscapes and water catchments across New Zealand.
Thumbs up for Govt help for businesses transitioning from gas
Tue 26 May 2026
By Liz Kivi | Businesses and climate advocates alike have welcomed the Government’s pre-budget announcement that it will help secure cheap lending for businesses transitioning from gas, as New Zealand’s domestic supply dwindles.
Govt unveils long-awaited voluntary carbon market guidance
15 May 2026
By Shannon Morris-Williams | The Government has released long-awaited guidance for New Zealand’s voluntary carbon and nature markets, as questions continue for the sector despite ministers signalling support for its growth.
China’s new carbon metric leaves Germany-sized gap in its emissions
Today 12:45pm
A major change in the way that China measures its core climate goal has effectively halved the growth in the country’s carbon dioxide emissions over the past five years.
New coal plants hit ‘10-year’ global high in 2025 – but power output still fell
Fri 22 May 2026
The number of new coal-fired power plants built around the world hit a “10-year high” in 2025, even as the global coal fleet generated less electricity, amid a “widening disconnect” in the sector.
Mike Smith’s asymmetric victory
Mon 25 May 2026
By Pattrick Smellie | COMMENT: The New Zealand Government’s recent move, undercutting citizens’ rights and the rule of law to cancel the country’s most important climate case is a massive win for Mike Smith, the climate change activist who brought it.
Green building council calls for clean energy policies
18 May 2026
The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Carbon News updates forward curve
13 May 2026
Carbon News has updated its ten-year NZU forward curve, following a recent rise in spot market prices, with NZUs rallying from about $34 in January to nearly $54 in early May.
LNG vital to prevent economic damage as gas leaves NZ economy
Today 12:45pm
By Pattrick Smellie | Importing natural gas will make the difference between an “orderly” or “chaotic and unnecessarily costly" decline as domestically produced gas runs out, the chief executive of the Gas Industry Company, David Prentice, said yesterday.
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.
Why temperature records are being not only broken but smashed
Today 12:45pm
Scientists have little doubt that human-caused climate change – largely the result of the burning of coal, oil and gas – has supercharged the heat.
EDS urges MPs to scrap the Fisheries Amendment Bill
5 May 2026
Media release | The Environmental Defence Society today lodged a substantive submission on the Fisheries Amendment Bill.
Biomass sector asks: where did the love go?
18 May 2026
By Pattrick Smellie | New Zealand has sufficient biomass in its plantation forests to replace natural gas for industrial process heat at lower costs than electrification, but is failing to get the attention it deserves, sector leaders say.
Govt’s LNG plan puts trade deals at risk, lawyers warn
Tue 26 May 2026
By Liz Kivi | Lawyers for Climate Action are warning that the government’s plans for an LNG import terminal and to subsidise gas fields are in breach of New Zealand’s free trade agreements with the UK and the EU.
Hipkins pans LNG plan as ‘massive step backwards’
19 May 2026
By Liz Kivi | Labour leader Chris Hipkins has told a Queenstown audience that a Government he leads would not proceed with a planned LNG import terminal, if elected at November’s election.
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.”
New funding for low methane farming uptake
29 Apr 2026
By Pattrick Smellie | The government will co-fund projects under an Early Adoption Accelerator scheme announced today to accelerate the uptake of low emissions farming technologies emerging from the AgriZero public-private partnership.
NZ Govt’s move to halt climate litigation under international scrutiny
19 May 2026
By Liz Kivi | Local and international NGOs have signed an open letter calling on the Government to reconsider its decision to shield major emitters from legal liability for climate-related harm.
Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime
15 May 2026
By Hang Pham, Te Herenga Waka — Victoria University of Wellington | Most of us are familiar with the concept of greenwashing: organisations exaggerating or overstating their environmental credentials. But in New Zealand, there are signs the country’s climate disclosure regime may inadvertently be driving a very different trend: not saying much at all.
‘Formidable’ El Niño expected this winter
29 Apr 2026
By Liz Kivi | Meteorologists are anticipating a significant El Niño influence on weather patterns across the country from winter onwards, with predicted lower rainfall for some areas and heavier rain for others likely to impact multiple sectors of the economy as well as the carbon market.
Victorian Hydrogen announces Southland urea fertiliser project using coal
22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
Media round-up
24 Apr 2026
In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.
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.
Climate resolution conundrum for NZ
Tue 26 May 2026
By Vernon Rive | COMMENT: While the United Nations resolution endorsing a landmark climate ruling is significant – politically, diplomatically and legally – its impact on international climate negotiations and domestic action is likely to be indirect and incremental.
Govt missing tricks to save fuel in crisis
30 Apr 2026
By Shannon Morris-Williams | The Government is being urged to shift its response to the fuel crisis away from short-term relief and towards measures that reduce demand, with public health experts warning it is missing an opportunity to boost energy security and lower household costs.
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
Move to block lawsuits could strengthen climate case against Govt
14 May 2026
By Liz Kivi | The Government’s plan to block climate lawsuits – while potentially fatal for one groundbreaking climate case – could actually bolster claims in another live climate case underway against the Government.
Colombia’s climate crossroads: Trumpism casts shadow over presidential battle
Tue 26 May 2026
Colombia is a global leader in climate activism. Could US influence drag country to a future of mining and fracking?
Geo-heat search explores exhausted oil and gas fields
Today 12:45pm
By Pattrick Smellie | Underground heat from exhausted oil and gas fields are a new target for government-backed efforts to tap geothermal resources for electricity production and industrial use.
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.
Six NZ climate solutions up for 2026 Earthshot prize
Thu 21 May 2026
By Shannon Morris-Williams | Six New Zealand climate and sustainability initiatives have been nominated for the 2026 Earthshot Prize, with the shortlist showcasing Kiwi-led solutions tackling emissions, plastic waste and ocean restoration.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Govt had ‘little choice’ in signing key UN climate resolution – expert
Fri 22 May 2026
By Shannon Morris-Williams | Climate policy expert Bronwyn Hayward said it was “shameful’ New Zealand didn’t throw more active support behind a pivotal climate resolution ratified by the United Nations this week.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
ESG funds include petrochemical companies, report finds
5 May 2026
Global banks have invested US$133bn into US petrochemical expansion, even as the industry is linked to climate change.
ETS auction failures created $1.4b fiscal hole – Greens
Today 12:45pm
By Shannon Morris-Williams | Finance Minister Nicola Willis has hit back at the Green Party's claim that the repeated failure of New Zealand’s carbon auctions has added a $1.4 billion 'fiscal hole', with Green Party co-leader Chlöe Swarbrick blaming the Government for undermining the ETS.
New breed of political prisoner arises in Britain as anti-protest sentences rise
Today 12:45pm
More people are being jailed in England and Wales as a result of acting to prevent climate breakdown and the war in Gaza, research reveals.
Green Party calls for national electrification plan
20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
NZ at risk of falling behind on EV transition
Fri 22 May 2026
By Shannon Morris-Williams | An EV lobby group is warning that New Zealand is at a crossroads on transport electrification, with inconsistent policy settings and lagging charging infrastructure slowing uptake, while global adoption accelerates and fuel price shocks renew interest in electric vehicles.
‘Landmark’ conservation reform bill – boost or bust for nature?
8 May 2026
By Liz Kivi | The Government has announced an overhaul of the country’s conservation system, which environmental organisation Forest & Bird says will undo the work of many generations of Kiwis to protect public conservation land.
Media round-up
Fri 22 May 2026
In our round-up of climate coverage in local media: Shane Jone is urging mining bosses to apply for fast-track before the election, climate risk is changing where investors put their money, and Hiringa gets more hydrogen-fuelled trucks on the road.
Marae solar project boosts sustainability and mana motuhake
Mon 25 May 2026
By Moana Ellis, Local Democracy Reporter | Five marae from Whanganui to Taumarunui are running on solar power and many more could join a major green energy initiative aimed at cutting electricity costs and strengthening community resilience.
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.
VR tool helps communities plan for a safer, resilient future
Today 12:45pm
Media release: University of Canterbury | A newly developed virtual reality (VR) tool could help communities understand flood risks, raise public awareness and give decision-makers clearer information for planning.
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.
Rotorua extends diesel bus contract after NZTA declines extra funding
Mon 25 May 2026
By Mathew Nash, Local Democracy Reporter | Rotorua is stuck with its diesel-powered public buses after a funding snag played a part in setting back plans for zero-emission buses by years.
NZ votes in favour of key UN climate resolution
Thu 21 May 2026
By Liz Kivi | A pivotal United Nations resolution to recognise a landmark International Court of Justice climate ruling has passed with nations voting overwhelmingly in its favour, with New Zealand voting on the same side as Pacific allies who spearheaded the vote.
Project linking food waste to cutting methane emissions gets underway
Today 12:45pm
Media release | Kai Commitment is leading a New Zealand-first project to help understand the connection between food waste and methane emissions and identify effective interventions.
Commission urges Govt action on climate risks
7 May 2026
By Liz Kivi | Climate change currently poses major risks to our water infrastructure with “significant gaps” in readiness to manage risks and increasing hazards, according to the Climate Change Commission.
Why is Northern Ireland facing a growing threat from wildfires?
7 May 2026
Figures show that spring drought events are happening more often while there has been a sharp rise in "fire weather" - a mix of warmth, dryness, and wind that allows fires to ignite and spread rapidly. Experts warn this combination, along with climate change, is creating a longer and more volatile wildfire season.
Global wind and solar power outpace gas for first time in April, report shows
Fri 22 May 2026
Wind and solar combined generated more electricity than gas globally in April for the first month ever, data analysed by UK-based think tank Ember showed on Thursday.
