Topics tagged with 'Emissions trading'
POLITICS: Roll out the big guns
9 Apr 2020
The Government’s climate programme is under double-fire this week.
Taxing oil and gas fields could work, says Upton
6 Apr 2020
Taxing oil and gas exploration and strengthening the Emissions Trading Scheme could be more effective ways of cutting greenhouse gas emissions than banning exploration, the Parliamentary Commissioner for the Environment says.
POLITICS: We're on a climate knife-edge
3 Apr 2020
By ADELIA HALLETT | Is the covid-19 pandemic going to be a repeat of the Global Financial Crisis in terms of climate change? It could go either way.
EDS (and more) welcomes moves on emissions
3 Apr 2020
Moves to make local councils consider greenhouse gas emissions in resource consents would have thrilled climate activist and former Green Party co-leader Jeanette Fitzsimons, says Environmental Defence Society chief executive Gary Taylor.
Lift RMA emissions ban, says select committee
2 Apr 2020
A 2004 ban on considering greenhouse gas emissions in resource consents should be overturned, the Environment Select Committee has told Parliament.
ETS reform still a top job, says minister
31 Mar 2020
Reforming the Emissions Trading Scheme remains a priority for the Government, despite disruption caused by the covid-19 pandemic, says climate minister James Shaw.
Deadline nears for emissions return extensions
27 Mar 2020
Businesses struggling to complete a 2019 emissions return because of the state of emergency in New Zealand must apply for an extension before Tuesday.
WHAT YOU NEED TO KNOW ...
27 Mar 2020
Submissions on the use of nitrogen inhibitors in agriculture which were due to be with the Ministry of Primary Industries today now close on April 5.
Emission trading changes will have to wait
26 Mar 2020
Changes to the Emissions Trading Scheme are in lockdown along with the rest of the country.
Carbon prices suffer as global economy sweats
19 Mar 2020
The global economic downturn brought on by the Covid-19 pandemic is hitting carbon prices.
Customers made the call, says new carbon operator
18 Mar 2020
The operator of a new carbon-trading platform says it is responding to demand from its customers.
Transpower moves into carbon trading
17 Mar 2020
Transpower is moving into the carbon-trading business.
Big emitters get pandemic warning
17 Mar 2020
Allowing emitters to use the Covid-19 pandemic as an excuse to slow action on climate change would be a mistake, environmental organisations are warning.
POLITICS: The mood is all very GFC
13 Mar 2020
The coronavirus Covid-19 and the impact it could have on the economy dominated the attention of politicians this week, but they did manage to squeeze in a mention of climate change.
ClimCom wants to see $50 carbon cap now
10 Mar 2020
The Climate Change Commission says controls on carbon prices should be lifted to about $50 a tonne now.
POLITICS: Nats declare war on RMA
9 Mar 2020
The Resource Management Act will be toast under a National Government.
Taranaki hydrogen project gets $20m boost
6 Mar 2020
The Government is putting nearly $20 million into the Ballance-Hiringa hydrogen project in Taranaki.
Startup predicts soil-carbon credits for farmers
5 Mar 2020
A company connecting investors directly with farmers taking action on climate change says it expects they will, eventually, get credits for the carbon stored in their paddocks.
Officials question farmer ETS obligation
3 Mar 2020
Making farmers instead of agricultural processing companies the point of obligation under the Emissions Trading Scheme could push administration costs up 4000 per cent, officials say.
WHAT YOU NEED TO KNOW ...
3 Mar 2020
Parliament sits today and will resume debate on the Prime Minister’s speech.
Climate not big election issue, says National
2 Mar 2020
Climate change should be less of an election issue this year than it was last time round, thanks to cross-party agreement on the zero-carbon act, says National Party climate spokesperson Scott Simpson.
Campaigners hail fossil-fuels investments move
2 Mar 2020
The Government’s decision to ban default superannuation funds investing in fossil fuels is being welcomed by campaigners and criticised by the oil industry.
WHAT YOU NEED TO KNOW ...
2 Mar 2020
MPs are back to Parliament this week, with the House sitting tomorrow and on Wednesday and Thursday.
We need to know changes to ETS, say foresters
28 Feb 2020
Forest owners – who yesterday called for a $200-a-tonne carbon tax on the burning of coal – say changes to the Emissions Trading Scheme should be signalled in the May Budget.
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.
New Zealanders losing ambition on climate change: Ipsos
Wed 20 May 2026
By Pattrick Smellie | New Zealanders’ belief that their government has a plan to combat climate change has taken another serious hit in the latest poll of 31 countries by global research firm Ipsos.
Six NZ climate solutions up for 2026 Earthshot prize
Today 11:30am
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.
$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 unveils long-awaited voluntary carbon market guidance
Fri 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.
Biomass sector asks: where did the love go?
Mon 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.
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.
UN members reinforce nations' climate change obligations
Today 11:30am
The United Nations General Assembly on Wednesday adopted a resolution reinforcing states' obligations to combat climate change, a long-awaited move toned down under pressure from major greenhouse gas emitters.
Drop in ETS forestry registrations
5 May 2026
By Liz Kivi | ETS forestry registrations have dropped off this year, with the new mandatory emissions return period, new land-use rules, and carbon price volatility all meaning participants aren’t rushing to register forestry in the emissions trading scheme.
Hipkins pans LNG plan as ‘massive step backwards’
Tue 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.
Tairāwhiti deserves better than weakened forestry rules
5 May 2026
OPINION: The government's proposed amendments to forestry standards, released yesterday, ignore the hard lessons learned in our region and ignore the voices that have fought hardest to protect it, writes Manu Caddie.
Green building council calls for clean energy policies
Mon 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.
New solar farm to boost West Coast energy security
Today 11:30am
Construction has begun on a new 13.5MW solar farm in Reefton, with developer Lightyears saying the project will help strengthen electricity security on the West Coast and support future regional growth.
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.
Are hailstones getting bigger due to climate change?
Today 11:30am
Scientific studies suggest that a warmer climate does not necessarily lead to more frequent hail, but rather to more severe hailstorms with larger hailstones.
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.
Govt presses ahead with forestry rule changes despite opposition
14 May 2026
By Shannon Morris-Williams | The Government is pushing ahead with changes to commercial forestry rules despite most submitters opposing the proposals, with critics warning the reforms will weaken councils’ ability to manage erosion and forestry slash risks in vulnerable regions such as Tairāwhiti.
Iran war pushes Portugal to halve fossil fuel use over next 10 years
Wed 20 May 2026
Lisbon fast-tracks plans after the Iran war caused oil and gas costs to soar, Energy Minister Maria da Graça Carvalho tells POLITICO.
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
Tue 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
Fri 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.
Labour condemns Govt plan to stop climate litigation
Fri 15 May 2026
By Liz Kivi | The Labour Party has slammed the Government’s move to block climate lawsuits against big emitters but won’t say if they would repeal the legislation if elected in November.
GIDI-style help cheaper than LNG: MBIE
11 May 2026
By Pattrick Smellie | Officials advised ministers last July that the lowest-cost way to free up gas for use during dry winters was to assist industrial gas users to switch to electricity.
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.
‘Utterly elated’ – controversial Sams Creek gold mine application declined
Today 11:30am
By Max Frethey, Local Democracy Reporter | Campaigners are elated after the controversial gold mining application for Sams Creek in Golden Bay was declined.
Conservation land open for voluntary carbon market schemes
12 May 2026
By Pattrick Smellie | The government is to open up the Crown-owned conservation estate to private investment in voluntary carbon market projects.
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.
Pacific voice on climate at the UN
Wed 20 May 2026
A New Zealand-based researcher has told a United Nations forum that rising sea levels are already reshaping life across the Pacific and climate change is causing irreversible impacts on water supplies, food security and cultural identity.
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.
Opposition slams environment ministry merger
13 May 2026
By Shannon Morris-Williams | Opposition MPs accused the Government of downgrading climate and environmental protections as legislation to abolish the Ministry for the Environment and merge it into a new mega-ministry passed its second reading in Parliament.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
Fri 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.
NZTA rejects covering $145m of Wellington public transport projects
Wed 20 May 2026
By Justin Wong, Local Democracy Reporter | More than $145 million of Wellington public transport projects - including new bus spines along the harbour quays and the redevelopment of ageing Waterloo station - never made it into the Government’s $32.9 billion national land transport plan.
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
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.
China widens its clean energy lead
Mon 18 May 2026
Chinese companies account for more than half of global investments in clean energy manufacturing since 2019, while new U.S. investments declined last year.
‘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.
Combined climate extremes may prompt carbon budget rethink
14 May 2026
Media release: Springer Nature | Combined extreme climate events are likely to become more common in the future if carbon emissions continue to rise, a paper in Nature suggests.
Media round-up
Fri 15 May 2026
In our round-up of climate coverage in local media: The government's move to change climate law removes a key protection for NZ citizens, farmers should be paid to use methane-busting tools, and it's one step forward, three steps back on environment policy.
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.
Why both trees and technology are important in the race to mitigate carbon emissions
4 May 2026
Different carbon‑removal approaches solve different problems, and pitting these technologies against each other could slow progress.
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.
UN members prepare for pivotal vote on landmark ICJ climate justice ruling
Fri 15 May 2026
If the resolution is passed, governments will recognise their legal responsibility to cut greenhouse gas emissions.
NZ First moves to revive container return scheme
4 May 2026
By Shannon Morris-Williams | NZ First is aiming to launch a national container return scheme, which could recycle over a billion wasted containers each year, reviving a policy shelved by the previous Labour-led Government in 2023.
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.
Human health appears unaffected by living near wind turbines
Today 11:30am
Media release: PNAS | High-resolution data collected across the United States show negligible evidence of adverse health outcomes tied to wind turbine exposure, a study finds.
