Topics tagged with 'Carbon prices'
China coal use: Here’s how to read the tea leaves
14 Apr 2016
As the largest emitter of carbon dioxide in the world, how much coal China is burning is of global interest.
Could this be a fair dinkum climate policy for Australia?
12 Apr 2016
An Australian think-tank claims to have done the impossible – come up with an effective climate policy that both sides of the political divide can live with.
Major bank sees 2020 Asia-Pacific carbon market
8 Apr 2016
An Asia-Pacific regional carbon market could emerge after 2020, a new report suggests.
Don't do what NZ did, warns ADB
8 Apr 2016
The dramatic undermining of New Zealand’s carbon prices by cheap foreign offsets is being used as a lesson in what not to do when setting up an emissions trading scheme.
CARBON CLIMBS: Price up 23% in four months
7 Apr 2016
Carbon prices continue their long climb out of the doldrums, rising 23 per cent this year alone.
Storing carbon could help to meet climate goals
31 Mar 2016
Australia's agricultural lands help to feed about 60 million people worldwide, and also support tens of thousands of farmers as well as rural communities and industries.
Spot NZUs steady at $11.05
24 Mar 2016
Carbon opened this morning with spot NZUs $10.95 bid and $11.15 offered, after closing $11.05 last night.
Welcome aboard, iwi adviser tells Air New Zealand
18 Mar 2016
Air New Zealand should not be the only company looking to work with iwi to generate carbon offsets, a consultant says.
Carbon creeps up as minister talks ETS changes
17 Mar 2016
Carbon has gone to $11 on the back of Climate Change Minister Paula Bennett’s latest comments on carbon prices.
ETS needs a price floor, says environment watchdog
11 Mar 2016
The Emissions Trading Scheme price cap should stay – but it should be balanced by a price floor, says Environment Commissioner Jan Wright.
Give farmers a reason to join ETS, says academic
11 Mar 2016
Agriculture could do a lot to cut New Zealand’s greenhouse gas emissions if it had an incentive to, a forestry expert says.
How climate denial gained a foothold in the Liberal Party
11 Mar 2016
It seems the Liberal Party is still having trouble letting go of climate denial, judging by the New South Wales branch’s demand that the Turnbull government arrange a series of public debates on climate science.
Customers want clean transport, says KiwiRail
10 Mar 2016
The Emissions Trading Scheme should be strengthened to help to shift freight on to more climate-friendly forms of transport, KiwiRail says.
Foresters laud Landcorp's change of mind
8 Mar 2016
Landcorp’s decision to go forestry instead of dairy on land in the central North Island is a sign that some landowners are starting to question the viability of dairy conversions, the Forest Owners’ Association says.
Scrap carbon subsidies, says our worst emitter
7 Mar 2016
The country’s single largest generator of greenhouse gas emissions says carbon subsidies should be scrapped so the market can to do its work.
Wood processors could get the nod with ETS changes
4 Mar 2016
Wood processors could come into the Emissions Trading Scheme under changes being suggested by the Government.
Greens want probe into future of Huntly
4 Mar 2016
The Green Party is calling for an independent investigation into the best options for replacing coal-burning electricity generation at Huntly with cleaner alternatives.
ETS uncertainty is a worry, says Meridian
26 Feb 2016
Uncertainty over the Emissions Trading Scheme is affecting the way Meridian Energy does business.
Z Energy wishlist: Everybody must be in ETS
25 Feb 2016
Fuel retailer Z Energy wants every sector in the Emissions Trading Scheme, a realistic price on carbon, political stability and an end to carbon subsidies.
Market likes minister's carbon price comment
23 Feb 2016
The market is firming on the back of news that Climate Change Minister Paula Bennett expects carbon prices to rise.
New minister pushes for carbon price rise
22 Feb 2016
Carbon prices must rise, says new Climate Change Minister Paula Bennett.
NZ to promote international markets idea at UN
22 Feb 2016
A push by New Zealand to develop credible international carbon markets will take a step forward when United Nations climate change negotiators meet in May.
Why ETS examination should take the long view
22 Feb 2016
Motu Economic and Public Policy Research Trust senior fellow SUZI KERR answers the key question posed in the Emissions Trading Scheme Review – should the carbon price cap and the one-for-two provisional measures be scrapped?
ETS ... we're hitting the target but missing the point
22 Feb 2016
Ministry for the Environment officials have been blunt about the Emissions Trading Scheme’s impact to date: “Research for this evaluation, and evidence from the interviews, found no sector other than forestry made emissions reductions over the Kyoto Protocol Commitment Period One (2008-12) that were directly caused by NZ ETS obligations.”
Liquidity will return when prices push up again
16 Feb 2016
Spot NZUs closed yesterday at $9.25. OMFinancial reports:
Planting rate drops by a million seedlings
15 Feb 2016
Latest Government figures show that planting rates of exotic forests last year were even lower than they were in 2014, when nurseries destroyed hundreds of thousands of seedlings because foresters weren’t planting.
NZUs continue to flow
12 Feb 2016
Spot NZUs closed last night at $9.27. The market is currently bid/offered at $9.20/$9.40. OMFinancial reports:
Why there's little cost in wiping ETS protections
9 Feb 2016
Scrapping the one-for-two and the $25 carbon price cap is likely to have little impact on the economy.
Carbon questions lie in wait at Waitangi
2 Feb 2016
The Government is likely to face tough questioning at Waitangi this weekend over carbon prices.
Could a levy on air and shipping fuel sink emissions?
2 Feb 2016
Global agreements to aim for “well below” 2deg warming are nice enough, but now it’s time to develop some detailed policies to help us to get there.
Busy day for carbon yesterday
27 Jan 2016
Spot NZUs closed last night at $9.55. OMFinancial reports:
Carbon settled on quiet market
18 Dec 2015
The carbon market was quiet yesterday, with the market settling at $9.22. OMFinancial reports:
NZUs at $9.25
17 Dec 2015
Carbon consolidated yesterday, in what is seen as a pause before we move higher. OMFinancial reports:
NZUs touch $9.30
15 Dec 2015
Carbon continues to surprise to the upside; as tipped yesterday, the $8.95 offer was taken out and the $9.00 level was breached. OMFinancial reports:
COMMENT: Great, now all we need is a plan
15 Dec 2015
By editor ADELIA HALLETT.- Two months ago, Northern Employers and Manufacturers' Association chief Kim Campbell let fly on climate change.
Carbon prices lift 50% since beginning of year
15 Dec 2015
Carbon prices are closing the year 50 per cent up on where they started the 12 months.
Hansen: Why global ‘carbon fee’ system will work
7 Dec 2015
Former NASA climate scientist James Hansen has called for a global “carbon fee” in which fossil fuels are taxed when they are produced or imported, rather than when they are consumed.
Corporate sustainability won’t solve climate change
7 Dec 2015
In the run-up to the COP21 international climate summit in Paris, business leaders worldwide have shown substantial support for action on greenhouse gases.
Another day another high
3 Dec 2015
NZUs traded up to $8.50 yesterday on 15,000 units. OMFinancial reports:
Buy this market
2 Dec 2015
Spot NZUs traded up to $8.45 yesterday on 150,000 tonnes, as several buyers moved into the market. OMFinancial reports:
$8.50 here we come
1 Dec 2015
Spot NZUs continue to rally and are now charging at $8.50. OMFinancial reports:
$400m cost attached to keeping 1:2 subsidy
30 Nov 2015
Retaining the one-for-two subsidy for emitters will cost taxpayers $400 million – and that’s just at today’s carbon prices, says climate law expert Simon Watt.
NZ art focussing on climate on display at Beijing Biennale
Thu 12 Feb 2026
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
Thu 12 Feb 2026
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.
Thu 12 Feb 2026
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
Thu 12 Feb 2026
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
Thu 12 Feb 2026
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
Thu 12 Feb 2026
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
Thu 12 Feb 2026
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.
