Topics tagged with 'Emissions trading'
MEMO INVESTORS: You can't ignore climate change
25 Oct 2016
Investors can no longer ignore climate change, says a global asset-management company.
Border tax could cut emissions, says NZ economist
21 Oct 2016
The US, China and the European Union should bring in border taxes on carbon emissions contained in imported products not already taxed in their countries of origin, according to a former New Zealand cabinet minister.
Millions worth of free credits sit in private accounts
20 Oct 2016
Non-forestry carbon credits worth more than $350 million – many of them given by taxpayers to large industrial emitters – are sitting in private carbon accounts.
Farm emissions report gets nods of approval
20 Oct 2016
Parliamentary Commissioner for the Environment Dr Jan Wright’s report on agricultural greenhouse gas emissions is being well received.
WATCHDOG WISHLIST: How we can ease farm emissions
19 Oct 2016
Vast increases in native and exotic forests, bringing nitrogen fertiliser and some large farms into the Emissions Trading Scheme, and fast-tracking development of a methane vaccine.
Watchdog's farm emissions report out later today
19 Oct 2016
Parliamentary Commissioner for the Environment Dr Jan Wright’s long-awaited report on agricultural greenhouse gas emissions will be released today.
Australian businesses keen to join global carbon trade
18 Oct 2016
AUSTRALIA'S conservative government might have ditched the country’s emissions trading scheme, but businesses across the Tasman still want to get involved in international carbon trading, a survey shows.
Minister hints at setting minimum carbon price
12 Oct 2016
New Zealand could impose a minimum price on carbon.
Australian firms accept role of carbon prices
12 Oct 2016
Most major Australian companies are factoring carbon prices into their budgets, despite the fact the country no longer has a carbon tax or emissions trading scheme.
Govt knew use of hot-air credits would draw fire
10 Oct 2016
The Government was warned last year that New Zealand could face criticism for using hot-air credits to meet its 2020 emissions reduction target, documents show.
Global aviation emissions deal gets wings
7 Oct 2016
A global carbon market for aviation that could see New Zealand offsetting three million tonnes of emissions a year is going ahead.
10 things you should know about climate change
7 Oct 2016
No 9. New Zealanders are in the world’s top 10 emitters of greenhouse gases.
Businesses plead for more ETS information
6 Oct 2016
The Government should be providing more information on the workings of the Emissions Trading Scheme – including carbon price forecasts and trading data, say participants in the scheme.
Airline emissions deal could boost offset bills
3 Oct 2016
A new global market-based measure for aviation emissions could see New Zealand having to offset 3 million tonnes of greenhouse gases a year.
Rising emissions mean NZ will miss Paris targets
29 Sep 2016
New Zealand’s greenhouse gas emissions are set to double between 1990 and 2030 – and even with a carbon price of $50 a tonne, we could still be short of our Paris Agreement pledge by 143 million tonnes.
Govt learns we can't cut emissions and sell more milk
28 Sep 2016
The Government knows its economic strategy of increasing agricultural exports cannot go on if New Zealand is to reduce greenhouse gas emissions, a confidential paper shows.
Mali boosts Paris numbers
28 Sep 2016
Mali is the latest country to ratify the Paris Agreement – bringing the total number of countries to have ratified to 61, together responsible for 47.79 per cent of global emissions.
Voluntary actions have role, says carbon certifier
27 Sep 2016
Voluntary carbon credits can help to meet New Zealand’s Paris Agreement target, Parliament has been told.
Are we finally about to get an aviation emissions deal?
27 Sep 2016
Delegates from more than 190 nations today will begin an 11-day meeting in Montreal to determine the final form of a scheme to reduce greenhouse emissions from the aviation industry.
Why NZ doesn't need foreign carbon credits
26 Sep 2016
New Zealand could meet its Paris Agreement pledge without using foreign carbon credits and develop a $6 billion industry at the same time, says the Bioenergy Association.
PARIS PACT: Morganists say NZ must sell units
23 Sep 2016
The Government must cancel all surplus carbon units it’s sitting on in 2020 as part of ratifying the Paris Agreement, says the group that wrote the Climate Cheats report.
Why we might have trouble phasing out HFCs
23 Sep 2016
New Zealand is among more than 100 countries calling for an early phase-out of use of the potent greenhouse gas hydroflourocarbon – which could be a challenge, because this country’s use of it appears to be rising.
No way, Nick, you can't claim credit for the ETS
22 Sep 2016
The Government is doing it again – claiming to have introduced the Emissions Trading Scheme when it actually voted against it.
Ukraine ratifies Paris Agreement
21 Sep 2016
Ukraine – the source of many of the low-value carbon credits that have so embarrassed the New Zealand Government – is the latest country to ratify the Paris Agreement.
Gas emissions (the reported kind) take a dive
16 Sep 2016
New Zealand’s reported greenhouse gas emissions have fallen drastically.
Agriculture emissions continue to grow
16 Sep 2016
New Zealand’s greenhouse gas emissions from agriculture continue to climb.
Trading scheme welcomes fewer units
16 Sep 2016
Just 4.6 million NZUs came into the Emissions Trading Scheme last year, new Government figures show.
Time to get on the new emissions register
14 Sep 2016
Time is running out to use migration codes to switch to the new Emissions Trading Register.
Taxpayers gift $80m to industrial emitters
13 Sep 2016
Taxpayers have this year given industrial emitters of greenhouse gases free carbon credits worth more than $80 million on today’s market – and soon they’ll be getting twice as many.
RUC exemption could save thousands for truckers
12 Sep 2016
Truck and bus operators could save thousands of dollars a year under road-user charge exemptions now before the Government.
Dissenting academics write own climate report
7 Sep 2016
The Climate Change Authority’s latest report on Australia’s climate goals has divided its membership – so much so that two authority members have divorce themselves from the report and written their own version.
Ratification good news for carbon markets
5 Sep 2016
Ratification of the Paris Agreement by China and the United States is good news for the development of carbon markets, says the International Emissions Trading Association.
Climate Change Authority gambles on political pragmatism
2 Sep 2016
The Climate Change Authority¡¯s latest report outlining a recommended climate policy ¡°toolkit¡± is a reflection of what is seen by many as politically feasible in Australia now.
Dodgy dealing cost us dearly, says Asia expert
30 Aug 2016
Using dodgy carbon credits has damaged New Zealand’s chances of becoming an Asian carbon trading hub, says an expert on doing business in South-East Asia.
How Paris Agreement could punish the economy
29 Aug 2016
New Zealand will face significant economic damage from the Paris Agreement if carbon stored in forests is not recognised, the Emissions Trading Scheme is not linked internationally, and agricultural emissions incur a carbon price, a new report shows.
New emissions register will make life easier
23 Aug 2016
The emissions register will be closed from noon on Thursday, pending the launch of the new one on Monday.
Why we should aim for a million electric vehicles
22 Aug 2016
Replacing a million fossil fuel-driven cars with electric vehicles would cut New Zealand’s greenhouse gas emissions by more than 20 per cent in the crucial 2021-2030 period, officials say.
NZ looks for carbon credit trading friends
19 Aug 2016
New Zealand is stepping up the hunt for sources of quality carbon credits to help to meet its international emissions reduction targets.
DIRTY DOZEN: Big firms who traded in cheap units
16 Aug 2016
Some of New Zealand’s largest carbon emitters, along with forestry companies and even iwi are among the organisations that used cheap EURs to meet their liabilities under the Emissions Trading Scheme, a new report shows.
Keep us out of the ETS, pleads steel industry
12 Aug 2016
New Zealand Steel wants the steel industry excluded from the Emissions Trading Scheme, saying that rising carbon prices are putting the industry at risk.
Anxious farmers keen to keep carbon subsidies
10 Aug 2016
Farmers – already exempt from liability for the majority of greenhouse gas emissions from their businesses – urged the Government to keep other subsidies in place to further protect them from carbon pricing.
Nation needs emissions targets, says banker
9 Aug 2016
New Zealand should be setting annual emissions targets, says Westpac
Trees clear winner as carbon farmer cashes in
5 Aug 2016
Carbon credits have netted a dairy farmer more than he could have ever made from running livestock on his Taranaki hill country.
Businesses call for ETS policy certainty
4 Aug 2016
Calls for cross-party policy on climate change, and complaints about “continual and ad-hoc” changes to the Emissions Trading Scheme dominated comments on the first stage of the latest review of the scheme.
Industries fought to keep 1:2 carbon subsidy
2 Aug 2016
The waste, stationary energy, industrial processing and agricultural sectors mounted the biggest opposition to getting rid of the one-for-two carbon subsidy.
Your EUR account needs some attention
2 Aug 2016
Got an account on the Emissions Unit Register? You need to do some things to make sure it’s transferred to the new register that’s replacing it.
Industry slams failure of free-market forestry
1 Aug 2016
New Zealand’s experiment with free-market forestry has left it without the forests needed to combat climate change and supply the domestic market with wood, the industry says.
How right price, right credits would suit farmers
29 Jul 2016
A carbon price of $25 and a 50 per cent allocation of free credits would make the Emissions Trading Scheme viable for some farmers, a new report shows.
NZ airs views at aviation emissions talks
27 Jul 2016
New Zealand is looking to join an international plan to cut greenhouse gas emissions from aircraft.
AGS forests will bank million tonnes of carbon
25 Jul 2016
Forests planted under the revived Afforestation Grant Scheme this year are expected to store 1.3 million tonnes of carbon.
Farm-level emissions cuts possible, but almost everything stands in the way
18 Dec 2025
By Shannon Morris-Williams | Progress to slash farming emissions is being blocked by limited farmer confidence in mitigation tools, inconsistent engagement, misinformation and a lack of clear policy signals, according to a new report.
State-owned farmer drives profit growth with emissions reductions
19 Dec 2025
By Pattrick Smellie | Government-owned Landcorp, trading as Pāmu, is one-third of the way to meeting its 2031 emissions reduction targets, with five years left to run to cut greenhouse gas emissions by 30.3% against 2021 emissions.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
‘Cali Fund’ aiming to raise billions for nature receives first donation – of just $1,000
16 Dec 2025
A major biodiversity fund – which could, in theory, generate billions of dollars annually for conservation – received its first donation of just $1,000 in November.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
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.
Seven quiet wins for climate and nature in 2025
19 Dec 2025
This year's environmental backdrop is familiar: emissions are rising and nature is continuing to decline. But there have nevertheless been bright spots in 2025.
Govt unveils plans for carbon storage regulations – and ETS rewards
18 Dec 2025
By Liz Kivi | The Government has released plans to regulate carbon capture and storage in natural geological formations, which include Emissions Trading Scheme incentives, with the aim of introducing related legislation in 2026.
Global coal demand hit record high this year but is set to decline by 2030
18 Dec 2025
Global coal demand reached a record high in 2025 but is expected to decline by 2030 as renewables, nuclear power and abundant natural gas squeeze its dominance in power generation.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
RMA’s successors hinge on two untested bets
17 Dec 2025
Two ideas sit at the heart of the Government’s replacement for the Resource Management Act: regulatory relief and spatial planning.
India at COP30: A mismatch between grandstanding and climate action
11 Dec 2025
Despite India’s attempt to anoint itself as the leader of the developing world, at the COP30 summit, New Delhi’s track record remains contradictory.
NZ hydrogen regulation to catch up with the world
18 Dec 2025
By Pattrick Smellie | The government has announced a regulatory reset for New Zealand’s emerging clean tech hydrogen sector.
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.
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.
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.
Hydrogen emissions are ‘supercharging’ the warming impact of methane
19 Dec 2025
The warming impact of hydrogen has been “overlooked” in projections of climate change, according to authors of the latest “global hydrogen budget”.
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.”
Westpac NZ announces partnership to form Blue Economy hub in Nelson
17 Dec 2025
Media release | Westpac NZ has announced a new three-year partnership with the Nelson Regional Development Agency and Kernohan Engineering to help accelerate the development of a sustainable marine economy – also known as the blue economy.
NZ ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister
12 Dec 2025
By Liz Kivi | Vanuatu’s Climate Change Minister, Ralph Regenvanu, says New Zealand restarting fossil fuel exploration and subsidies is an obvious breach of international law, exposing the country to international and domestic litigation.
Govt slammed for weakening methane target
15 Dec 2025
By Shannon Morris-Williams The Government has pushed through legislation under urgency to almost halve New Zealand’s 2050 methane target – a move Opposition parties say disregards scientific advice, breaks the country’s hard-won political consensus on climate action, and shifts the burden of higher warming and higher future costs onto the next generation.
COP30 microcosm of difficult geopolitics, says Vanuatu's Climate Minister
15 Dec 2025
By Liz Kivi | Despite ‘intransigent’ states blocking multilateralism and a disappointing official outcome, Vanuatu’s Climate Change Minister Ralph Regenvanu says he left the COP30 climate summit feeling more positive than after previous UN climate conferences.
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.
Insurers welcome govt decision to keep NHC levy unchanged
21 Nov 2025
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
Three Greenpeace activists removed by police from Fonterra
17 Dec 2025
Media release | Three Greenpeace activists were removed by police from Fonterra’s downtown Auckland offices, following a protest on Monday at the Shareholders’ Fund meeting over the corporation’s role in the contamination of rural communities’ drinking water.
Oil and gas majors would create $78bn more value by stopping exploration
11 Dec 2025
Media release | Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development, according to new analysis released today by ACCR.
Wetlands and biodiversity at risk as mining rules loosen: Greenpeace
19 Dec 2025
By Shannon Morris-Williams | Greenpeace says Government changes to national direction instruments under the RMA paves the way for mining in wetlands and biodiversity hotspots and will expose some of Aotearoa’s most fragile ecosystems to irreversible damage.
NZ could become ‘dumping ground’ for dirty vehicles: Commissioner
16 Dec 2025
By Liz Kivi | Simon Upton, Parliamentary Commissioner for the Environment, has warned the Government that its changes to the clean car standard could turn the country into a dumping ground for high emitting cars, making future emissions budgets harder to achieve.
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.
Offshore windfarms enhance function of coastal waters and diversity of aquatic life
19 Dec 2025
Media release | A study conducted by researchers from Murdoch University in Australia and Dalian Ocean University in China has found that offshore windfarms can improve marine ecosystems and diversify aquatic food chains.
‘A shift no country can ignore’: where global emissions stand, 10 years after the Paris climate agreement
16 Dec 2025
The watershed summit in 2015 was far from perfect, but its impact so far has been significant and measurable.
Govt consulting on Pacific Resilience Facility
12 Dec 2025
The Foreign Affairs, Defence and Trade Committee is calling for submissions on its international treaty examination of the Agreement to Establish the Pacific Resilience Facility.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
KiwiRail pauses coal trains amid rising climate protests
9 Dec 2025
By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.
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.
Could tidal energy one day power NZ?
18 Dec 2025
By Shannon Morris-Williams | New research suggests Aotearoa holds some of the world’s strongest tidal-stream energy potential – enough to generate up to 93% of today’s electricity use – but one expert cautions that extracting energy at such a scale could have significant impacts and remains highly uncertain.
NZ could lose nearly all glaciers this century without stronger climate action
16 Dec 2025
New Zealand could see 97% of its glaciers vanish by 2100, with new international modelling projecting a rapid acceleration in glacier extinction from the 2030s onward – even under lower-warming scenarios.
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.
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.
The surprisingly convincing case against cars
19 Dec 2025
Life After Cars dares to imagine how different, and enriching, a car-free world could be.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
Heatwaves, downpours and droughts – Auckland on track for more extreme weather
1 Dec 2025
By Shannon Morris-Williams | New projections show Auckland will face more heatwaves, heavier downpours, worsening droughts and growing coastal threats as climate extremes intensify, according to a new report from Earth Sciences New Zealand.
NZ just had its hottest spring in at least 116 years
10 Dec 2025
By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.
Media round-up
12 Dec 2025
In our round-up of climate coverage in local media: Another offshore wind firm exits New Zealand over a clash with seabed mining; Fonterra falls behind on its climate goals as farm emissions remain flat; and the businesses trapped by the gas 'death spiral'.
