Topics tagged with 'Emissions trading'
Dairy company says it's well on the way to measuring farm emissions
25 Nov 2020
Fonterra is optimistic it will find a way to accurately measure the amount of greenhouse gas emissions being produced by each dairy farm in time to meet a Government deadline of 2022.
Carbon-pricing rises as world's weapon of choice in climate fight
25 Nov 2020
Can you put a price on pollution? Some of the world's biggest economies are doing just that as they wrestle with how to make good on grand pledges to tame planet-warming emissions.
Ardern talks climate with Biden and farmers
24 Nov 2020
Prime Minister Jacinda Ardern says the Government is pressing ahead at home and abroad with action on climate change.
FRIDAY POLITICS: Border tariffs on Govt's to-do list
20 Nov 2020
Carbon tariffs at the border are on the Government's agenda this term to protect the country’s steel, aluminium and cement industries as they decarbonise.
Big prices but little supply in NZ carbon market
19 Nov 2020
Carbon prices are continuing to climb, with sellers now seeking up to $35.90 for spot NZUs.
Upton, Parker - Nats stopped the ETS working
17 Nov 2020
New Zealand’s failure to seriously address its emissions problem through the 2010s has come under fire from two politicians whose attempts to effectively price carbon were thwarted by National Governments.
EU urged to strengthen ETS
16 Nov 2020
A strengthened emissions trading scheme will be vital to drive further carbon dioxide reductions in the European Union as the bloc discusses an increase of its 2030 climate target, policymakers say.
Shaw talking tough on carbon budgets
12 Nov 2020
The Climate Change Commission could be given the ability to manage carbon prices if its carbon budget recommendations are not followed by politicians, the climate minister says.
Carney calls for credible voluntary carbon market
12 Nov 2020
United Nations special envoy and former Bank of England Governor Mark Carney wants stronger quality control on voluntary carbon markets to meet growing business demand.
WORTH NOTING ...
12 Nov 2020
Day two of the Climate Change and Business Conference is in Auckland today sees environment minister David Parker fronting up, as well as a discussion on what changes to the Emissions Trading Scheme mean for carbon prices.
'It's time,' Taylor says ahead of climate event
11 Nov 2020
Environmental Defence Society chief executive Gary Taylor is more optimistic about action on climate change than he has ever been.
Scientists, doctors sound warning for farmers
6 Nov 2020
Emissions from food production alone could sink the world’s chances of meeting the Paris Agreement, scientists are warning in research with major implications for New Zealand.
Energy sector ripe for govt emissions targets
3 Nov 2020
The Government appears to have emissions from energy in its sights as it seeks to finally make real cuts in the country's emissions.
Govt looking again at reserve price for auctions
2 Nov 2020
Climate minister James Shaw is seeking new advice from officials on including a technical reserve price in the new carbon-auctioning regime.
New Govt unlikely to cut farmers more slack
2 Nov 2020
Speculation the Government may go soft on agricultural emissions without the Green Party in Cabinet ignores Labour’s track record on the issue.
Resolve carbon market dispute to step up ambition, says UK
2 Nov 2020
Countries have a collective responsibility to agree on common rules for a global carbon market, to drive greater climate ambition beyond 2021, says the United Kingdom's lead climate negotiator.
FRIDAY POLITICS: We'll know by Sunday
30 Oct 2020
We should know on Sunday whether James Shaw will remain the country’s climate minister.
New threat to prices from Govt auction
28 Oct 2020
The Government’s decision to auction large amounts of carbon credits without a technical reserve price in place poses a new downside risk to prices, warns the founder of one of New Zealand’s carbon-trading platforms.
FRIDAY POLITICS: A potentially costly hole in the Government's carbon-auctioning plan
23 Oct 2020
Green Party co-leader James Shaw is still in the running to retain his role as the country’s climate minister – but that might mean clearing up a bit of a mess of his own making.
NZX wants 'efficient' links to secondary market
22 Oct 2020
The Government’s new carbon-auctioning site could be connected to platforms in the secondary market.
First deal done under Paris Agreement to offset emissions
22 Oct 2020
Switzerland has struck a carbon offsetting agreement with Peru, in what the two nations say is the first deal of its kind under Article 6 of the Paris agreement.
Carbon auctioning platform operator revealed
21 Oct 2020
NZX has won the right to set up and operate the Government’s carbon-auctioning platform.
Election has little impact on carbon markets
20 Oct 2020
Carbon markets have barely reacted to the general election, which returned Labour to power with an absolutely majority and arguably an endorsement of its actions on climate change.
The four who could be our next climate minister
19 Oct 2020
Who will be New Zealand’s next climate minister? Carbon News canvasses the options and comes up with four names.
Delivering credit for carbon storage
19 Oct 2020
In 1915, Mike Gibbs’ ancestors made their way from the flat, agricultural plains of Southland to the wild, steep, forested edge of Eastern Fiordland.
Carbon tariffs for steel, aluminium, on the table
16 Oct 2020
A new Labour Government could bring in carbon tariffs at the border, says Trade Minister David Parker.
AGRICULTURE: Sage confirms Cabinet vetoed carbon pricing from next year
16 Oct 2020
Climate Minister James Shaw tried to put a price on greenhouse gas emissions from agriculture from next year, according to fellow Green Cabinet minister Eugenie Sage.
National releases its climate policy - at last
15 Oct 2020
Forestry's role under the Emissions Trading Scheme would be reviewed under a National Government and agricultural emissions would not face a carbon price until other countries do the same.
US could adopt carbon tax under a Biden presidency, ex-Fed chair says
9 Oct 2020
Former Federal Reserve Chair Janet Yellen said bipartisan concern over climate change could see the United States adopt a tax on carbon emissions, with the proceeds shared with households, if Democrat Joe Biden is elected president in November.
Ministry mum on who will run carbon auction
7 Oct 2020
New Zealand’s first auction of carbon credits will take place on March 17, but there is no word yet on who will be running it.
The young and Green voters still hot on climate
6 Oct 2020
Climate change remains the country’s biggest issue for young voters, despite the covid-19 pandemic, a new independent political poll shows.
Refinery closure could boost global emissions
5 Oct 2020
Refining New Zealand has confirmed cost-cutting measures for next year, but says a decision on whether to stop refining operations altogether is still a while away.
Socialist Cuba wants to go carbon trading
5 Oct 2020
Cuba has suggested it wants to get paid to reduce emissions if a controversial global carbon credit scheme is set up.
Policy could prevent shift to low-emissions tech, says Genesis
1 Oct 2020
The Labour Government’s plan to bring forward its 100 per cent renewable electricity generation target to 2030 is an example of siloed thinking and is likely to be self-defeating, Genesis Energy has told shareholders.
Most parties get a 'fail' on climate and health
30 Sep 2020
Just one political party has policies that comprehensively address the threat climate change poses to the country’s health, a new analysis show.
Court considers whether Canada's carbon tax is legal
30 Sep 2020
After two days of hearing arguments for and against the federal government's carbon tax, the Supreme Court of Canada has adjourned without a decision.
National promises carbon credits from CCS
21 Sep 2020
A National Government would amend the Emissions Trading Scheme to recognise carbon capture and storage, clearing the way for technology to generate tradable carbon credits.
High carbon prices threaten NZ's low-carbon drive, say miners
17 Sep 2020
Record-high carbon prices risk driving away the very companies New Zealand needs in its push to decarbonise the economy, the minerals sector says.
MARKEST LATEST: NZUs $35
17 Sep 2020
Spot NZUs opened at $34.90 bid and $35.20 offered on CommTrade this morning after last fixing at $35.
Carbon hits a new high and looks set to go higher
16 Sep 2020
New Zealand carbon prices have broken through the $35 expected to act as a price cap and are being tipped to go higher.
Carbon forests 'buying our way out of sin', says Simpson
14 Sep 2020
Using carbon credits to meet New Zealand’s emissions reduction target is like trying to buy your way out of sin, says National’s climate spokesperson Scott Simpson.
Biochar golden opportunity for New Zealand, says expert
9 Sep 2020
New Zealand is squandering opportunities to use carbon sequestered under the Emissions Trading Scheme to improve soils, says bioeconomy consultant Dr Michael Lakeman.
If business must disclose carbon debt, then so should we, says Shaw
8 Sep 2020
The Government is trying to find a way to calculate the cost of the country’s likely carbon debt – and is considering using revenue from the Emissions Trading Scheme to buy international carbon credits to help deal with it.
Farmers should be rewarded for all carbon, including soil, says Shaw
3 Sep 2020
If climate minister James Shaw has his way, putting a carbon charge on agriculture should be as straight-forward as farmers doing a quick calculation to show whether they’re in the black or the red on greenhouse gas emissions.
Australia's biggest emitters offset only a fraction of emissions
1 Sep 2020
Only 1.2 per cent of the greenhouse gas emissions released by Australia’s top 65 emitting companies had to be offset under federal and state laws last financial year, an analysis has found.
Farm emissions-measuring system has potential, says Toitû
28 Aug 2020
Environmental certification company Toitû Envirocare says its new farm-carbon certification programmes will help farmers get a slice of a huge international market for sustainable products.
EDITORIAL: Nature, enter us...
25 Aug 2020
By ADELIA HALLETT | At last we’re waking up to the fact that nature is our best defence against climate change.
Paper reveals why Govt went ahead with ETS overhaul
24 Aug 2020
Fifteen days into the first covid-19 lockdown, officials told the Government the new $20 price floor in the Emissions Trading Scheme was critical to protecting taxpayers from what the pandemic could do to carbon prices.
Energy-and-transport plan key to emissions cuts
21 Aug 2020
Business is calling for integrated transport and energy planning to speed the country’s decarbonisation, saying increasing carbon prices can't do the job alone.
Bigger EU ETS more effective than carbon tax at the border
21 Aug 2020
Europe is planning a border tax to stop carbon leakage in the energy sector, but energy advisers say expanding the bloc's Emissions Trading Scheme would be more effective.
Emerging biodiversity and carbon markets part of Gisborne plan for land-use change
Mon 6 Oct 2025
Gisborne District Council has endorsed a plan to shift up to 100,000 hectares of the region’s most erosion-prone land into permanent vegetation cover and is calling on the Government to make urgent changes to the Emissions Trading Scheme to aid the transition.
Media round-up
Fri 3 Oct 2025
In our round-up of climate coverage in local media: Leaving the Paris Agreement won’t fix NZ’s farming frustrations, what Pacific Island leaders told the UN General Assembly about climate, and Hawke's Bay Regional Council faces class action legal challenge over flooding.
NZ needs to be part of a regional SAF strategy: Z, Air NZ
9 Sep 2025
By Pattrick Smellie | New Zealand needs to be part of a regional strategic approach to sourcing sustainable aviation fuel (SAF), with domestic production less the aim than ensuring access to the fuel from one of a number of strategically positioned bio-refineries around the world.
Travellers bothered by their flight’s pollution can pay to reduce it elsewhere. Do offsets work?
Thu 2 Oct 2025
So you’re booking your flight, and just when you’re about to check out, the airline asks if you’d like to pay a little something to offset your share of the flight’s pollution. Or, maybe you’re an environmentally minded person, and you’ve heard you can buy these things called carbon offsets.
Solar farm gets fast-track treatment
Mon 6 Oct 2025
Lodestone Energy’s proposed 220 MW solar farm at Haldon Station in the Mackenzie Basin has become the first solar project to be referred to an expert panel under the Fast-track Approvals Act 2024.
Researchers say sealing old oil wells with bio-oil from crop waste is a dual carbon-removal solution
19 Sep 2025
A new analysis shows that oil made from corn husks, wood chips, and other waste could plug greenhouse gas-belching abandoned oil wells while sequestering carbon for about $152 per ton.
Will govt’s light touch approach lead to higher carbon prices?
Fri 3 Oct 2025
By Liz Kivi | Carbon market watchers are hoping the government’s plan for the electricity sector will eventually lead to higher carbon prices, with the secondary market still trading sideways for the longest time in its history.
EAT-Lancet report: Three key takeaways on climate and diet change
Mon 6 Oct 2025
A global shift towards “healthier” diets could cut non-CO2 greenhouse gas emissions, such as methane, from agriculture by 15% by 2050, according to a new report.
Climate credibility gap widening for Aussie firms
Wed 1 Oct 2025
By Pattrick Smellie | Australian public companies’ climate change commitments are in retreat, reflecting difficulty in achieving stated targets and increased fossil use, but not because of any pressure to make less effort, according to a study of major companies’ ESG reporting.
Electricity to remain in ETS
Wed 1 Oct 2025
By Pattrick Smellie | The Government has rejected Frontier Economics' recommendation that electricity should be removed from the Emissions Trading Scheme.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
UN limits staff at COP30 climate summit over accommodation concerns
19 Sep 2025
High hotel prices for Brazil's COP30 climate summit in November have prompted the United Nations to urge its staff to limit attendance, while government delegations are still scrambling to find rooms within their budgets.
NZ quiet on climate target at UN meeting
Thu 2 Oct 2025
By Liz Kivi | New Zealand didn't mention its recently minted – but widely criticised – climate target for 2035 at a major multilateral climate meeting in New York last week, at an event which was ostensibly billed as a platform for leaders to present their new targets.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
Declining sea-ice is altering Antarctic food webs
11 Sep 2025
A new study shows a significant change in Antarctic phytoplankton over time that could cascade through the marine food web and affect the ocean’s capacity as a carbon sink.
Consultation open on second draft of Sustainable Finance Taxonomy
29 Sep 2025
Public consultation has opened on the second draft of the Aotearoa New Zealand Sustainable Finance Taxonomy.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
Thu 2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
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.”
$1.5m for climate action
Mon 6 Oct 2025
The Wilding Pine Network, Rewiring Aotearoa, Papawhakaritorito Charitable Trust, 800 Trust and 350 Aotearoa, have received grants from a total pool of more than $1.5m over two years from of Climate Action Aotearoa's Kaupapa of National Significance Climate Action Fund.
UC wins top international award for civics education
Mon 6 Oct 2025
Media release | A University of Canterbury research group has received international recognition at the highest level of political science.
FMA consults on clearer ethical investment claims to curb greenwashing
29 Sep 2025
The Financial Markets Authority – Te Mana Tātai Hokohoko – has released updated draft guidance for financial products marketed with ethical or sustainability features.
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
Hiringa eyes green methanol plant near Whanganui
29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
Study warns climate leadership falling short in NZ
Wed 1 Oct 2025
Media release - Waipapa Taumata Rau, University of Auckland | Research suggests New Zealand’s climate leadership is falling short, with current adaptation efforts focused on property and cost-cutting rather than protecting communities.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Can the courtroom save the climate?
Thu 2 Oct 2025
It was in early 2017 when it seemed like nearly every person I knew from home was asking me the same question: Should they be worried about what was about to happen in Washington, D.C.?
'Non-negotiable' – EU carbon pricing to hit Kiwi exporters, expert warns
11 Sep 2025
By Shannon Morris-Williams | High carbon exports will inevitably face a high carbon tax at the EU border, possibly in the next five years, and high methane agricultural products might not be exempt, an international expert told a local audience yesterday.
Deep sea mining threatens sharks, rays and ghost sharks
Mon 6 Oct 2025
Mining the world’s deep seas for metals will likely threaten many species of sharks, rays and chimaeras (ghost sharks), according to researchers.
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.
Warming oceans prompt major overhaul of how scientists monitor El Niño and La Niña
Wed 1 Oct 2025
Global warming is interfering with how Earth Sciences New Zealand monitors one of the world’s biggest climate drivers.
China calls EU hypocritical over criticism of climate goal
Wed 1 Oct 2025
The EU climate chief's criticism of China's new climate pledges shows "double standards and selective blindness," China's foreign ministry said on Friday, accusing the bloc of being slow to act on its own climate targets.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Fast-track changes coming before end of year
Fri 3 Oct 2025
The Government is already preparing to amend its fast-track approvals law, even as the first projects consented under the regime begin construction.
Students repeat request for Victoria University to divest from fossil fuel investments
24 Sep 2025
Media release | A group of students campaigning for climate action at Victoria University of Wellington have dropped a banner protesting against the university’s lack of action on its 2014 commitment to divest from fossil fuels.
Straterra has a new name: the New Zealand Minerals Council
16 Apr 2025
Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.
Countering the Trump administration’s attack on climate science
Fri 3 Oct 2025
The Trump Administration is attempting to remove the legal basis for U.S. action on greenhouse gas emissions by attacking the climate science that underpins it.
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.
Auckland Transport and Kinetic charging ahead for sustainability
30 Sep 2025
Media release | Auckland Transport (AT) and bus operator Kinetic and have taken another step in their decarbonisation journeys with major upgrades completed at Kinetic’s Glenfield bus depot to support a growing zero emissions fleet.
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
End of EV tax subsidy sparks worries of collapse in US electric car sales
Mon 6 Oct 2025
Automotive executives are bracing for a freefall in U.S. electric-vehicle sales following the disappearance of a critical $7,500 tax break for buyers.
‘Beyond embarrassing’ – Peters’ Paris remarks draw fire for talking down Pacific climate diplomacy
26 Sep 2025
By Shannon Morris-Williams | Foreign Minister and NZ first leader Winston Peters says he wants to revisit the Paris Agreement with Pacific leaders because some may be unaware of how it’s structured.
Day of action against incinerators
29 Sep 2025
Media release | Zero Waste Aotearoa will call on the Ministry for the Environment to embrace real solutions to waste and climate change, not toxic pollution from incineration as part of an international day of action on Tuesday 30 September.
Environment Minister abusing role to put freshwater at risk – Greens
Fri 3 Oct 2025
Media release – Green Party | Documents obtained under the Official Information Act have revealed the Minister for the Environment is pressuring local councils to allow ‘water take’ consents for a group of farmers that includes her party colleague, in a catchment already showing signs of serious decline.
‘Con,’ ‘scam,’ ‘hoax’: Trump’s UN speech on climate
24 Sep 2025
The president used a large chunk of his hour-long speech to world leaders to condemn climate science and clean energy policies.
Trump administration moves to revoke permit for Massachusetts offshore wind project
24 Sep 2025
The Trump administration has moved to block a Massachusetts offshore wind farm, its latest effort to hobble an industry and technology that President Donald Trump has attacked as “ugly” and unreliable compared to fossil fuels such as coal and natural gas.
