Topics tagged with 'Emissions trading'
Scrap carbon subsidies, says our worst emitter
7 Mar 2016
The country’s single largest generator of greenhouse gas emissions says carbon subsidies should be scrapped so the market can to do its work.
Genesis explains wholesale price increases
7 Mar 2016
Increasing the price of carbon to $25 a tonne would push wholesale electricity rates up by $4.50 a megawatt hour, says Genesis Energy.
New map will help you navigate the ETS world
7 Mar 2016
The long and sometimes rocky road to the development of an emissions trading market has been mapped.
Wood processors could get the nod with ETS changes
4 Mar 2016
Wood processors could come into the Emissions Trading Scheme under changes being suggested by the Government.
ETS overhaul not enough, says climate academic
4 Mar 2016
The Government’s overhaul of the Emissions Trading Scheme won’t be enough to get New Zealand across the line on the Paris Agreement, a new report shows.
Investors warn NZ of carbon over-protectionism
2 Mar 2016
An organisation representing $1 trillion of investments is warning the New Zealand Government against the dangers of over-protectionism when it comes to carbon pricing.
Quitting Kyoto might cost us, new minister hears
2 Mar 2016
Not signing up to the second commitment period of the Kyoto Protocol might cost New Zealand a front seat in the development of international carbon markets, it has been revealed.
The NZEUR is dead, long live the NZETR
2 Mar 2016
New Zealand is getting a new, $12 million emissions registry.
$7.29m ... that's what the ETS costs to run
2 Mar 2016
The Emissions Trading Scheme costs $7.29 million a year to administer.
Cold light shines on Paris climate pledges
1 Mar 2016
New research finds signs that many countries are making serious attempts to stick to action pledges made at the Paris climate summit – but others are still lagging way behind.
How ministers rejected carbon price floor
29 Feb 2016
Cabinet ministers discussed and rejected introducing a price floor for carbon, briefing papers show.
Watch ag emissions, Treasury tells Government
29 Feb 2016
Treasury officials have told the Government that it should be investigating just how well its strategies to reduce New Zealand’s agricultural emissions are working – even though agriculture has specifically been excluded from the current review of the Emissions Trading Scheme.
Canberra backs fossil fuel 'growth centre' with $15m
29 Feb 2016
Australia's Industry, Innovation and Science Minister, Christopher Pyne, has launched a new “growth centre” for the fossil fuel industry (and uranium), to be known as National Energy Resources Australia.
ETS uncertainty is a worry, says Meridian
26 Feb 2016
Uncertainty over the Emissions Trading Scheme is affecting the way Meridian Energy does business.
NZ and China best friends under carbon pact
25 Feb 2016
New Zealand and China are working together closely on carbon trading, after signing a bilateral agreement on carbon markets.
Z Energy wishlist: Everybody must be in ETS
25 Feb 2016
Fuel retailer Z Energy wants every sector in the Emissions Trading Scheme, a realistic price on carbon, political stability and an end to carbon subsidies.
You talk too much, market expert tells Canberra
24 Feb 2016
The Australian Government could restore certainty to the market if it did a better job of selling its climate change policy.
China finds capacity biggest trading hurdle
24 Feb 2016
Capacity is the biggest issue holding back the development of China’s national emissions trading market, says a new report.
Angry foresters want end to 1:2 subsidy
23 Feb 2016
Forest owners want the one-for-two subsidy gone – and are angry that the Government is likely to give heavy emitters extra free credits to cushion the blow.
Market likes minister's carbon price comment
23 Feb 2016
The market is firming on the back of news that Climate Change Minister Paula Bennett expects carbon prices to rise.
ETS key is clear direction, say officials
23 Feb 2016
Officials have told new Climate Change Minister Paula Bennett that if the Emissions Trading Scheme is going to work it must have a clear, long-term direction.
New minister pushes for carbon price rise
22 Feb 2016
Carbon prices must rise, says new Climate Change Minister Paula Bennett.
Why ETS examination should take the long view
22 Feb 2016
Motu Economic and Public Policy Research Trust senior fellow SUZI KERR answers the key question posed in the Emissions Trading Scheme Review – should the carbon price cap and the one-for-two provisional measures be scrapped?
ETS ... we're hitting the target but missing the point
22 Feb 2016
Ministry for the Environment officials have been blunt about the Emissions Trading Scheme’s impact to date: “Research for this evaluation, and evidence from the interviews, found no sector other than forestry made emissions reductions over the Kyoto Protocol Commitment Period One (2008-12) that were directly caused by NZ ETS obligations.”
We're looking for friends in the carbon market
15 Feb 2016
New Zealand is once again actively pursuing linkages with other carbon markets.
Planting rate drops by a million seedlings
15 Feb 2016
Latest Government figures show that planting rates of exotic forests last year were even lower than they were in 2014, when nurseries destroyed hundreds of thousands of seedlings because foresters weren’t planting.
Time running out for ETS submissions
15 Feb 2016
The public has just four more days to have a say on whether emitters should be held liable for a greater chunk of their emissions.
How's the carbon market going? Experts can't agree
9 Feb 2016
Government officials say that New Zealand’s carbon market is liquid – but Westpac’s economists say it’s not.
Why there's little cost in wiping ETS protections
9 Feb 2016
Scrapping the one-for-two and the $25 carbon price cap is likely to have little impact on the economy.
Govt's ETS stand has dangers, say economists
9 Feb 2016
Excluding agriculture from the Emissions Trading Scheme might be economically inefficient, say Westpac economists.
Why post-Paris businesses must get moving
2 Feb 2016
Emissions Trading Scheme measures protecting industries from the full impact of carbon pricing have had their day, says an organisation representing a trillion dollars worth of investments.
Carbon questions lie in wait at Waitangi
2 Feb 2016
The Government is likely to face tough questioning at Waitangi this weekend over carbon prices.
Stakeholders next up in ETS review
2 Feb 2016
The Emissions Trading Scheme review moves into stakeholder meetings this week.
Our leaders suddenly silent on climate change
2 Feb 2016
The world’s leaders might have been talking big on climate change in Paris in December, but our local versions have been remarkably quiet on the subject in their state-of-the-nation speeches.
Could a levy on air and shipping fuel sink emissions?
2 Feb 2016
Global agreements to aim for “well below” 2deg warming are nice enough, but now it’s time to develop some detailed policies to help us to get there.
Eight submitters lead in the charge on ETS
18 Jan 2016
Just eight people and organisations have so far made submissions on the latest review of the Emissions Trading Scheme.
Carbon closing in on $10 mark
18 Jan 2016
Carbon has started the year with a bang, trading good volume at prices pushing toward $10.
ETS hits the highway
18 Jan 2016
The Government is going on the road to hear what people think about the Emissions Trading Scheme.
COMMENT: Great, now all we need is a plan
15 Dec 2015
By editor ADELIA HALLETT.- Two months ago, Northern Employers and Manufacturers' Association chief Kim Campbell let fly on climate change.
Carbon prices lift 50% since beginning of year
15 Dec 2015
Carbon prices are closing the year 50 per cent up on where they started the 12 months.
Facts come first, says our new climate chief
15 Dec 2015
The first big job facing new Climate Change Minister is the review of the Emissions Trading Scheme.
Govt didn't ask officials about agriculture and the ETS review
15 Dec 2015
The Government got no advice from officials on excluding agriculture from the Emissions Trading Scheme – despite officials earlier saying it should be included.
Foresters likely have cover for fire losses
15 Dec 2015
Most of the forests involved in a fire burning in Marlborough are likely to have been insured against carbon loss.
Hansen: Why global ‘carbon fee’ system will work
7 Dec 2015
Former NASA climate scientist James Hansen has called for a global “carbon fee” in which fossil fuels are taxed when they are produced or imported, rather than when they are consumed.
Little strengthens climate change muscle
30 Nov 2015
Labour leader Andrew Little has used today’s shadow cabinet reshuffle to send a strong signal on climate change and environmental issues, by boosting the issue up the rankings, appointing a spokesperson specifically for Pacific Islands climate change issues, and introducing a water portfolio.
$400m cost attached to keeping 1:2 subsidy
30 Nov 2015
Retaining the one-for-two subsidy for emitters will cost taxpayers $400 million – and that’s just at today’s carbon prices, says climate law expert Simon Watt.
Treat agriculture like anyone else, says Caygill
30 Nov 2015
Agriculture should not be treated any differently from any other trade-exposed industry, says the man who led the previous Emissions Trading Scheme Review.
Plant to beat emissions, expert tells farmers
30 Nov 2015
Cutting production is not the only way for New Zealand to offset agricultural emissions, says a forestry expert.
Agriculture fails to make the cut
24 Nov 2015
Agriculture - responsible for nearly half New Zealand's greenhouse gas emissions - is not part of the Government’s just-announced review of the Emissions Trading Scheme.
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'.
