Topics tagged with 'Emissions trading'
FRIDAY POLITICS: A new look at the air we breathe
28 Feb 2020
The Government announced plans this week to overhaul the rules governing air quality and fine particulate matter.
WHAT YOU NEED TO KNOW ...
28 Feb 2020
Today is the last day to make submissions on the Government’s proposals to change the Emissions Trading Scheme’s settings and on ways to accelerate the uptake of renewable energy generation.
WHAT YOU NEED TO KNOW ...
27 Feb 2020
Prime Minister Jacinda Ardern leaves Fiji today for Sydney, where she will meet with Australian Prime Minister Scott Morrison.
Pricey carbon could push up prices at the pump
26 Feb 2020
Carbon prices of $50 a tonne – the figure the Government is putting forward as the new price cap – could put the price of diesel up 13c a litre and petrol up 7c a litre.
SMELTER SMOOCH: Tiwai wants to work with taxpayer
26 Feb 2020
An industrial heavyweight that last year received $12 million worth of free carbon credits from taxpayers says it wants to work with the Government and community to create a low-carbon world.
WHAT YOU NEED TO KNOW ...
26 Feb 2020
Prime Minister Jacinda Ardern’s visit to Fiji continues today, where discussion on climate change is on the agenda.
Taxpayers give smelter credits worth $12m
25 Feb 2020
Taxpayer-funded carbon credits were worth $12.1 million last year to Tiwai Point aluminium smelter operator Pacific Aluminium.
Z Energy worries about access to units
24 Feb 2020
One of the country’s largest emitters fears there might not be enough carbon credits available for surrender in 2021.
WHAT YOU NEED TO KNOW ...
24 Feb 2020
Auckland Council’s audit and risk committee meets today and says climate change mitigation and adaption continue to be top risks for the council, leading to potential environmental degradation, economic inequality, social vulnerability and financial and reputational damage.
Free carbon credits might get early overhaul
20 Feb 2020
The entire formula used to calculate how free many free carbon credits heavy emitters receive might be overhauled before the end of the year.
WHAT YOU NEED TO KNOW ...
20 Feb 2020
Parliament’s Environment Committee is discussing changes to the Emissions Trading Scheme today, as well as the annual reports of the Environmental Protection Authority and Predator Free 2050.
Z Energy offers free deal on offsetting
19 Feb 2020
Z Energy is moving into the offsetting business – for free.
WHAT YOU NEED TO KNOW ...
19 Feb 2020
Applications for the Government’s Low-Emission Vehicles Contestable Fund open today, with secure parking for electric bikes eligible for the first time.
WHAT YOU NEED TO KNOW ...
18 Feb 2020
Greater Wellington Regional Council’s environment committee meets today to set environmental priorities.
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.
WHAT YOU NEED TO KNOW ...
17 Feb 2020
Cambridge University economist Professor Sir Partha Dasgupta will give a public talk in Wellington tomorrow on the economics of biodiversity (5.30pm-7pm, Lecture Theatre 1, Rutherford House, 23 Lambton Quay).
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.
Leaders (well, some of them) are talking climate change
14 Feb 2020
Climate change was on the lips of the leaders of two of the five parties in Parliament when it resumed this week.
WHAT YOU NEED TO KNOW ...
14 Feb 2020
Submissions close today on the Urban Development Bill, allowing what the Government calls better co-ordination of land, infrastructure and public assets in complex urban development projects.
Lack of global market hurts offsets investment
13 Feb 2020
The lack of a global carbon-trading market is holding back investment in offsets, a new report says.
WHAT YOU NEED TO KNOW ...
13 Feb 2020
Parliament sits today, with MPs from the Environment Select Committee continuing hearing oral submissions on proposed changes to the Emissions Trading Scheme.
WHAT YOU NEED TO KNOW ...
12 Feb 2020
Parliament sits today and tomorrow, and the Environment Select Committee continues hearing submissions on changes to the Emissions Trading Scheme and the Resource Management Act tomorrow.
We must have certainty with ETS, says Ballance
11 Feb 2020
Investment in emissions-cutting new technology like hydrogen could be jeopardised by uncertainty over the Emissions Trading Scheme, fertiliser manufacturer Ballance Agri-Nutrients says.
Climate-risk reports critical, politicians hear
10 Feb 2020
Directors of large companies, Crown entities and any organisation participating in the Emissions Trading Scheme should have to provide an annual signed and audited statement of climate risk, Parliament is being told.
Why and what we should learn from bushfires
7 Feb 2020
Wildfires raging in Australia this summer show why New Zealand must include emissions from natural disasters in its climate reporting, says an expert on environmental accounting.
Give us a choice, foresters tell Parliament
4 Feb 2020
The owners of forests already in the Emissions Trading Scheme should be able to choose whether to switch to a new form of carbon accounting, MPs have heard.
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.
Expert warns against offshore credits sprees
3 Feb 2020
New Zealand should be buying offshore carbon credits every year instead of going on a buying spree when its carbon bill falls due, says an expert on international carbon policy and markets.
Dairy firms see ETS dates clashing
3 Feb 2020
Reporting dates for the Emissions Trading Scheme should line up with farm production schedules, dairy companies say.
WHAT YOU NEED TO KNOW ...
3 Feb 2020
Submissions on the Resource Management Expert Panel’s issues paper and on proposed increases to landfill levies close today.
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.
Forests will swallow small-town jobs, MPs hear
31 Jan 2020
Rural towns like Moerewa face losing hundreds of jobs if the Government doesn’t rein in the conversion of farms to carbon forests, MPs have been told.
WHAT YOU NEED TO KNOW ...
31 Jan 2020
Today is the last day to apply for unique emissions factors for Emissions Trading Scheme returns.
WHAT YOU NEED TO KNOW ...
30 Jan 2020
Some of the heavyweights of the agricultural industry appear before Parliament’s environment select committee today to talk about the Emissions Trading Scheme.
WHAT YOU NEED TO KNOW ...
29 Jan 2020
Parliament’s environment select committee is hearing submissions today and tomorrow on reforms of the Emissions Trading Scheme and the Resource Management Act.
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.
Mercury Quarterly Operational Update - 3 months to Dec 31, 2019
23 Jan 2020
MEDIA RELEASE MERCURY: Mercury maintained a prudent approach to risk management in Q2-FY2020, decreasing hydro generation by 74GWh compared to the same quarter last year, resulting in a strong hydro -storage position in the approach to the third quarter; historically the lowest inflow quarter for the Waikato catchment.
Down the track, our emissions rate will fall
19 Dec 2019
New Zealand’s projected greenhouse gas emissions are falling.
Climate commission gets its body of experts
17 Dec 2019
The names of the experts who will make up the Climate Change Commission have been announced.
EDITORIAL: Two to remember
13 Dec 2019
By publisher ADELIA HALLETT | This year will be remembered for two things – the passing of the zero-carbon act and the year in which our children got angry with us over climate change.
PLEASE EXPLAIN: NZ faces grilling at Madrid meet
9 Dec 2019
New Zealand faces up to the world in Madrid today to explain how it is meeting its emissions reduction targets despite a 23 per cent rise in gross emissions and 65 per cent rise in net emissions since 1990.
Jump to it, Jacinda, says global carbon watchdog
5 Dec 2019
Prime Minister Jacinda Ardern is under international pressure to increase New Zealand’s 2030 emissions reduction target in line with the Paris Agreement.
NZ will sign new ship emissions pact
5 Dec 2019
New Zealand will sign up to new international maritime regulations to reduce ship emissions and lift air quality around ports and harbours.
Why the rulebook matters for us at Madrid talks
3 Dec 2019
New Zealand’s plan to use carbon credits to meet part of its emissions reduction target means the country has a big stake in international climate negotiations now under way in Madrid.
EDITORIAL: Right road, but the slow road
29 Nov 2019
By publisher ADELIA HALLETT | It must be tempting, if you’re in the New Zealand delegation at climate talks in Madrid next week, to rest on your laurels, take the pats on the back, bask in the international limelight.
ACC still on rack over fossil-fuel investments
29 Nov 2019
The Government-owned Accident Compensation Corporation is likely to remain under pressure to withdraw $1 billion worth of investments in fossil-fuel companies.
Foresters want pre-1990 trees recognised
26 Nov 2019
Extra carbon stored in pre-1990 forests should be recognised with carbon credits, forest owners say.
NZ urged to grab a slice of burgeoning $35 billion market for nature credits
Fri 13 Mar 2026
By Shannon Morris-Williams | New Zealand could unlock strong domestic and international demand for high-integrity nature-based credits, if government, investors and restoration groups work together to scale supply, a new report says.
Rod Carr is ‘over’ climate change defeatism
Fri 13 Mar 2026
By Pattrick Smellie | If there’s one thing former Climate Change Commission chair Rod Carr is “over”, it’s people saying there’s nothing they can personally do to address climate change.
Auckland Airport switches on giant heat pump system to cut gas use
6 Mar 2026
By Shannon Morris-Williams | While Auckland Airport’s switch from gas to heat pumps is welcome, the emissions savings are dwarfed by ongoing aircraft emissions, which are set to rise, according to a sustainable transport expert.
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 markets risk penalising Indigenous stewardship, researchers warn
5 Mar 2026
Carbon markets designed to reward environmental restoration may be unintentionally disadvantaging Indigenous communities who have long protected intact ecosystems, according to new research.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
Kenya’s latest carbon credit crackdown reveals questionable practices
Wed 11 Mar 2026
Some players use sophisticated tactics to inflate the value of credits that may not represent genuine, permanent emissions reductions.
Countries agree to record release of emergency oil reserves as prices surge
Fri 13 Mar 2026
Dozens of countries have agreed to release a record amount of oil from their emergency reserves to try to tackle supply shortages and soaring prices.
Bidders no-show at carbon auction – again
3 Mar 2026
By Liz Kivi | As predicted, today’s carbon auction yet again failed to attract any bidders, with NZUs currently trading hands on the secondary market at a 35% discount on this year’s auction floor price.
3,600 times faster: China is shaking up the steel industry
25 Feb 2026
For over a century, making steel meant coal, heat, and hours of waiting. A Chinese research team now reports collapsing that process into just three to six seconds; no coal, near zero emissions, and a vortex lance already moving toward commercial production. The technology is called flash ironmaking, and in February 2026, its implications are still unfolding.
Hormuz crisis critical to New Zealand
Tue 10 Mar 2026
By Nathan Surendran | COMMENT: Why the Hormuz crisis is a symptom, not the disease – and what it means for New Zealand.
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.
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.
Renewables surge cuts power emissions, but oil dominates fossil fuel use
Fri 13 Mar 2026
By Shannon Morris-Williams | New Zealand’s fossil fuel emissions fell in 2025 as strong renewable electricity generation reduced the need for gas-fired power, but oil consumption is rising and now accounts for a record share of fossil emissions.
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.
Climate Commission called to Waitangi inquiry over alleged breaches
Tue 10 Mar 2026
By Liz Kivi | The Climate Change Commission is being called to front up to the Waitangi Tribunal and give evidence over alleged legal breaches of its obligations to Māori.
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.
From forest to flatpack, IKEA faces timber traceability test
Wed 11 Mar 2026
As the EU’s Deforestation Regulation nears implementation this year, furniture giant IKEA may need stronger traceability systems to prove its timber isn’t linked to post-2020 deforestation.
Greenpeace slams Govt climate policies amid rising petrol prices
Thu 12 Mar 2026
As petrol prices climb to $3 a litre, Greenpeace is blaming Government decisions for leaving Kiwis harder hit by the oil price spike.
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.”
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).
Russia gets export boost from Iran war as price of oil to India surges
Tue 10 Mar 2026
The war in Iran has fuelled a significant bump in demand for Russian oil and gas, the Kremlin said on Friday, boosting exports which have been battered by sanctions linked to Russia's war in Ukraine.
Five trees can’t offset a car: Lawyers accuse Mazda of greenwashing
Mon 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.
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.
Japan eyes New Zealand as green hydrogen export hub
Thu 12 Mar 2026
By Shannon Morris-Williams | A new partnership between major Japanese companies aims to explore exporting green hydrogen from New Zealand – but the economics of producing the energy-hungry fuel remain the biggest hurdle.
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.
EDS puts environmental lawmaking under the spotlight
26 Feb 2026
Media Release |The Environmental Defence Society has launched the first in a series of investigative pieces into how environmental laws are being made in Aotearoa New Zealand.
Climate 'dream team' launches foundation targeting 100 million tonnes in emissions cuts
25 Feb 2026
By Shannon Morris-Williams | The New Zealand Climate Foundation, which has the ambitious aim of cutting 100 million tonnes of greenhouse gas emissions by 2035, had its official launch on Monday.
Expert Panel invites EDS to comment on Bendigo goldmine
Fri 13 Mar 2026
Media release | The Environmental Defence Society has been invited to provide comment on the Bendigo-Ophir gold mine by the expert Panel tasked with deciding the fast-track project.
If the government is set on an LNG terminal, gas users, not electricity users, should pay
Wed 11 Mar 2026
By Christina Hood | COMMENT: It's increasingly clear that the government's narrative of LNG as ‘dry year electricity insurance’ really doesn't stack up.
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.
Tiny, lost and constipated: what a baby turtle told Australian scientists about warming seas
6 Mar 2026
The arrival of loggerheads in New South Wales shows these ‘sentinels of climate change’ are being forced into unknown territory.
The world’s largest climate finance deal was built to flounder: why funding fails to reach the front‑line
6 Mar 2026
Adopted in December 2015, the Paris Agreement commits countries to keeping global temperature rise below 2°C above pre-industrial levels.
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.
‘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?
Todd gets nod to drill first super-critical geothermal well
Thu 12 Mar 2026
By Pattrick Smellie | Todd Energy is to make its sole oil drilling rig available to drill the first exploration well under the government’s $60 million super-critical geothermal resource exploration programme under a ‘preferred supplier’ agreement announced yesterday.
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?
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.
How falling battery costs are igniting race for round-the-clock solar power
Fri 13 Mar 2026
By combining the solar array with a massive amount of battery capacity, the aim is to store enough power generated during daylight hours so that a minimum of 1 GW of electricity – enough to power between 500,000 and one million homes – is available 24 hours a day, 365 days a year.
Native plant shows promise for tackling `forever chemicals’
Wed 11 Mar 2026
Media release: University of Auckland | One of Aotearoa New Zealand’s taonga plants, harakeke, shows promise as a treatment for removing “forever chemicals” from drinking water.
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.
Claims that AI can help fix climate dismissed as greenwashing
18 Feb 2026
Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.
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.
NZ EV owners sticking with electric – survey
Wed 11 Mar 2026
Nearly all New Zealand EV owners say they would buy another electric vehicle, according to new research from Consumer NZ.
Summit aims to revive stalled UN talks on phasing out fossil fuels
Wed 11 Mar 2026
Colombia and the Netherlands have set out three priorities for a conference on phasing out fossil fuels they will co-host in Colombia in April.
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.
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.
Study finds warming world increases days when weather is prone to fires around the globe
20 Feb 2026
The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a new study shows.
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.
