Topics tagged with 'Emissions trading'
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.
Carbon footprints not on Government agenda
22 Nov 2019
The Government is not considering the carbon footprint of imported goods.
WANTED: Someone to run carbon-credit auctions
21 Nov 2019
The Government is looking for someone to build and run its new carbon-credit-auctioning platform.
Treasury casts eye over emissions changes
18 Nov 2019
Greenhouse gas emissions from farming will fall 12 per cent by the middle of the century even without a carbon price, Treasury says.
National Party applauds farmers' pine protest
15 Nov 2019
The National Party says it supports farmers who marched on Parliament yesterday demanding a halt to the planting of carbon forests on productive farmland.
RMA could ease path of climate-change work
13 Nov 2019
Climate-saving projects could get an easier run under the Resource Management Act, says a Government-commissioned panel of experts.
New party backs emissions pricing
11 Nov 2019
A new environment-based political party supports emissions pricing, wants the Climate Change Commission to set the methane reduction target, and says it would be reluctant to get rid of a ban on new offshore oil and gas exploration.
Politicians need to ‘get over themselves’ to reduce emissions
Fri 24 Jul 2026
New Zealand needs to face up to two big areas of climate emissions: transport and agriculture, says climate policy expert Bronwyn Hayward.
Greens promise to take forestry out of the ETS
Mon 27 Jul 2026
The Green Party launched its election manifesto at its AGM yesterday, promising action to reduce climate pollution and boost resilience, with an emphasis on Emissions Trading Scheme reform.
$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.
Media round-up
9 Jul 2026
In our round-up of climate coverage in local media: The Government re-wrote fast-track law after mining companies pushed for change; costs from inland flooding are expected to rise by up to 53% by 2075; and is there such a thing as a sustainable tourist?
National deer management strategy urgently needed to halt 'catastrophe' for native forests
Mon 27 Jul 2026
Scientists are calling for an urgent national deer management strategy, with deer numbers now at unsustainable levels and decimating native forests.
Biomass can free-up electrons to perform higher value roles – with multiple other benefits
Fri 24 Jul 2026
By Rob Mallinson | OPINION: New Zealand’s energy debate too often treats electricity as the universal solution.
Govt signs NZ up for carbon credit co-operation with Philippines
Tue 28 Jul 2026
By Liz Kivi | New Zealand has signed an agreement with the Philippines to establish a framework for Paris Agreement co-operation allowing offshore mitigation, including on Article 6 credits – despite the Coalition Government repeatedly telling the voting public they wouldn’t send “billions overseas”.
European wildfires may not be out for months, authorities warn, as flames rage near Bordeaux and Madrid
Tue 28 Jul 2026
President Macron said France's wildfire situation is toughest since WWII as higher temperatures loom again this week.
Red Stag boss questions $60m cement support as timber ETS reforms stall
Thu 23 Jul 2026
By Oli Lewis | The Government has granted $60 million to an emissions-intensive industry while dragging its feet on a proposal to allow firms making harvested wood products to earn carbon credits in the Emissions Trading Scheme, an industry leader says.
Coal is back in Australian Super’s portfolio. What happened to that net zero pledge?
13 Jul 2026
In 2020 Australia’s biggest super fund dumped its Whitehaven shares. Fast forward to 2026 and it is now the coalminer’s single biggest investor.
Politicians need to lead on climate: Carr
30 Jun 2026
As the election campaign heats up, former Climate Change Commission chair Rod Carr has a list of actions he's hoping to see from our aspiring leaders, which includes confronting climate denial as well as refusing funds or policy advice from vested interests.
EMA pushes for steady hand on energy and regulation
13 Jul 2026
By Shannon Morris-Williams | The Employers and Manufacturers Association wants the next government to commit to a long-term energy plan and allow faster investment in renewable generation, at the same time as slowing the pace of policy change and providing businesses with greater certainty.
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.
Greens want one-year pause on AI datacentres
Tue 28 Jul 2026
By Shannon Morris-Williams | Datacentre opponents have welcomed the Greens' call to press pause on new operations, while others say the energy-hungry facilities will bring jobs to the regions.
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.
Every new UK home should have air conditioning, say Liberal Democrats
Tue 28 Jul 2026
All new UK homes should be built with air conditioning to cope with the effects of the climate crisis, according to the Liberal Democrats.
Tarakihi on verge of extinction: Stock collapse exposes major fisheries management failings
3 Jul 2026
Media release: Environmental Defence Society | Fisheries NZ is consulting on new sustainability measures for the country’s two tarakihi stocks.
Media round-up
Fri 24 Jul 2026
In our round-up of climate coverage in local media: Labour leader Chris Hipkins floats the idea of a carbon border tax; two-way charging between the garage and the grid will slash power bills; and cost isn't everything when it comes to rooftop solar.
West Africa signs off $25bn mega gas-pipeline plan
22 Jul 2026
One of Africa's most ambitious energy infrastructure projects has finally been signed off at the highest level, with West African leaders formally endorsing the long-awaited Nigeria-Morocco Atlantic Gas Pipeline.
$3m Govt boost for Tauranga geothermal energy
14 Jul 2026
By Liz Kivi | Resources Minister Shane Jones has announced a $3 million grant for the Gas to Geoheat Tauranga Geothermal System Project as part of the Government's plan to double geothermal energy by 2040.
Will new UK PM’s green measures at home cause climate finance pain overseas?
Thu 23 Jul 2026
Andy Burnham will cut bus fares and household electricity tax in a boost for UK climate action – but this will be funded partly by switching international climate finance from grants to loans.
The thriving coral reef that ‘defeated time’ in West Africa
22 Jul 2026
A 60-year mystery has been solved as researchers discover a coral ecosystem on the Benin-Togo continental shelf that is still teeming with marine life.
‘Master class in greenwash’ as Ottawa unveils CCS deal
20 Jul 2026
A multi-billion-dollar plan to transport and store greenhouse gas emissions from Canada’s emissions-intensive oil sands has received a major boost, even though the highly-touted deal between Ottawa, Alberta, and the five oil major sands companies will only capture a tiny fraction of the oil sands’ climate pollution.
Contact: New biodiversity goal may be 'highly problematic' for renewable projects
Fri 24 Jul 2026
By Oli Lewis | The goal of no net loss of indigenous biodiversity in the new resource management system may be highly problematic for renewable energy developments, Contact Energy says.
Groundbreaking steel startup cuts production time while slashing emissions
Mon 27 Jul 2026
Startup CullBeck has raised a record $20 million to commercialise its new ironmaking technology, which replaces coal with hydrogen to eliminate carbon emissions from one of the world's most emissions-intensive industries.
Climate change keeps adding to the list of uninsurable assets, Allianz executive says
Fri 24 Jul 2026
Extreme weather events — such as the heat wave that just hit Europe — are making more and more assets too risky to insure, according to a director at Europe’s largest primary insurer.
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.
TotalEnergies to appeal French court decision ordering it to adapt its business to climate change
Tue 28 Jul 2026
French oil major TotalEnergies (TTEF.PA), opens new tab will appeal a Paris court decision ordering it to bring its business in line with climate change goals.
NZ at risk of missing all its climate goals: Commission
22 Jul 2026
By Liz Kivi | Aotearoa New Zealand’s rate of emissions reduction needs to more than double, with progress stalling since 2024 after the Coalition Government took power, according to the latest report from the Climate Change Commission.
Planetary Facts dashboard aims to make environmental costs visible
15 Jul 2026
By Shannon Morris-Williams | Consumers can now compare the environmental impacts of everyday products with a new online dashboard designed to do for sustainability what nutrition labels have long done for food.
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.
UN chief says fossil fuel industry must cut methane for warming “relief”
25 Jun 2026
UN chief António Guterres called for stronger action to cut emissions of planet-heating methane, taking aim at the fossil fuel industry’s practices and profits, and pointing to coal, oil and gas as the root of today’s climate and energy crises.
What’s next for Sams Creek after failed mining bid?
15 Jul 2026
Max Frethey, Local Democracy Reporter | A controversial gold mining application at Sams Creek has been declined, leaving question marks hanging over the future of the land.
Govt should bin draft voluntary market assurance and start again – expert
Fri 24 Jul 2026
By Liz Kivi | The Government is consulting on its criteria for endorsing domestic nature and carbon markets, however market experts say the draft document falls short of what is needed to support trust in the market and stop low-integrity credits being sold.
European fish are adapting to climate change in unexpected ways
Tue 28 Jul 2026
As climate change reshapes marine habitats, scientists have discovered European fish aren’t just moving north to stay cool. Instead, they’re diving deeper into darker waters.
Panama Canal braces for El Niño, announcing first transit restrictions
Fri 24 Jul 2026
The probability of a severe El Nino has risen from 25% to 81% and the Panama Canal is preparing to restrict transits.
NZ First promises $1 billion for offshore oil and gas
20 Jul 2026
By Liz Kivi | New Zealand First wants to “drill baby drill,” and has made an election campaign promise of $1 billion to survey New Zealand’s offshore basins to extract oil and gas, in an announcement at the party’s campaign launch on Sunday.
‘I can’t work in the farce of climate change cruise tourism anymore’: why Antarctic guides quit their dream jobs
22 Jul 2026
“You’d see massive glacier calvings, and you’d just want to cry. But all the guests would be cheering. And you’d be like … ‘can you not put two and two together?’”
UN plastics pact talks restart amid fears production curbs will be left out
2 Jul 2026
Diplomats reconvene a year after negotiations collapsed, but campaigners fear the agenda risks burying tricky discussions on key elements.
Greens bill aims to keep supermarket food out of landfill
Mon 27 Jul 2026
By Shannon Morris-Williams | The Green Party has introduced a member's bill that would require New Zealand's largest supermarkets to donate edible surplus food to food rescue organisations instead of sending it to landfill, saying the move would reduce waste, cut emissions and help tackle food insecurity.
Northern Thai residents march for action on polluted rivers. ‘This is an emergency’
9 Jun 2026
More than 600 residents of Chiang Mai and Chiang Rai provinces embarked May 31 on a roughly 68-kilometer, six-day ‘peace walk’ to demand the Thai government take action on the river pollution crisis that has seen Thai rivers polluted with heavy metals.
Swarbrick slams $50m critical minerals funding as 'Trump's war machine' subsidy
7 Jul 2026
By Shannon Morris-Williams | The Green Party has criticised the Government's investment into two West Coast critical minerals projects, claiming the funding could ultimately support the United States defence industry rather than New Zealand's clean energy transition, while Shane Jones dismissed opponents as "flat earth idiots".
China solar exports to South, Southeast Asia and Africa rise despite post-rebate slump
22 Jul 2026
China's solar exports to Southeast and South Asia as well as Africa rose year-over-year in June, customs data showed on Monday, though overall solar exports slipped for a second month after China removed an export tax rebate.
Resource management Bills 'not yet ready to be enacted', says Upton
22 Jul 2026
By Oli Lewis | The two Bills to replace the Resource Management Act are not ready to be enacted and there is no way of knowing how they will affect the environment, the Parliamentary Commissioner for the Environment says.
Turning waste into climate-resilient soils for communities
Fri 24 Jul 2026
Media release: University of Canterbury | Christchurch’s Red Zone is being used as a test bed to see whether biological wastes (biowastes) can help transform contaminated soil into climate-resilient soil.
Green Party takes ‘electric election’ up a notch
21 Jul 2026
By Liz Kivi | The Green Party is promising to cut power bills and establish a publicly owned company, ‘Kiwipower,’ to deliver affordable renewable energy.
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.
Big tech joins big oil in ruining summer
20 Jul 2026
The industry has abandoned its climate pledges in favor of fossil fuel-powered AI data centers.
'Shocking' changes to RMA replacement further weakens environmental protections –EDS
21 Jul 2026
By Shannon Morris-Williams | The select committee's report back on bills to replace the Resource Management Act fails to address the Environmental Defence Society's "massive concerns" with the legislation.
How e-scooter company Lime cut its supply chain emissions
Fri 24 Jul 2026
The company’s latest sustainability report, shared exclusively with Heatmap, shows that carbon intensity per kilometer traveled has dropped 81% since 2019.
Experts call on Govt to withdraw ‘repugnant’ legislation to block climate lawsuits
13 Jul 2026
By Liz Kivi | Lawyers and climate policy experts are calling on the Government to withdraw legislation intended to block climate lawsuits, with an adaptation expert arguing that the legislation could worsen the insurance protection gap.
New funding round opens for Auckland zero waste projects – $500k available
Fri 24 Jul 2026
Media release | Auckland Council is inviting applications for the 2026 Waste Minimisation and Innovation Fund (WMIF) with $500,000 available to support projects that reduce waste and increase recycling and reuse to help achieve Auckland’s goal of zero waste by 2040.
Calls for stronger protection of drinking water sources
Tue 28 Jul 2026
A new report has highlighted growing risks to New Zealand's drinking water supplies, with Water New Zealand warning stronger protection of source water is needed as almost half of all drinking water consents come up for renewal over the next decade.
The dangerous climate driving California’s wildfires — and a warning for Australia
Tue 28 Jul 2026
California’s escalating fires reveal how heat, drought and wind are converging to create mega-blazes — and foreshadow similar risks for an El Niño–primed Australia.
Faster consenting, harder trade-offs
7 Jul 2026
Faster consenting is starting to produce results, but this week's decisions show speed has not removed the harder trade-offs around electricity security, conservation, ecology and climate liability.
