Topics tagged with 'Emissions trading'
Forest experts are wrong, say climate change ministers
30 Mar 2015
The Government is sticking to its guns – forest planting is down because of the cyclical nature of the industry, and not because carbon prices are too low to encourage planting.
We're watching carbon prices, says Government
30 Mar 2015
The Government says it is watching carbon prices creep higher.
Memo Jo: Foresters need a bit more than praise
23 Mar 2015
Forest owners want the Government to put its money where its mouth is on sustainable forestry – and are gathering the numbers to back their case.
Why is low-carbon energy innovation so slow? You can thank Economics 101
23 Mar 2015
The world needs a lot of energy. Global energy demand is expected to increase by 37 per cent percent over the next 25 years, according to the International Energy Agency’s World Energy Outlook 2014.
Foresters draw up wishlist for ETS review
16 Mar 2015
The Emissions Trading Scheme review is likely to be pushed into next year, forest owners say.
Sellers few and far between
10 Mar 2015
NZUs traded up to $6.20 on $70k yesterday as some emitters started to step into the market and mop up small sellers. OMFinancial reports:
Carbon measure puts us among worst in the world
9 Mar 2015
New Zealand’s carbon intensity is going through the roof, despite Government claims to the contrary.
Beehive breaking our climate change pledge
9 Mar 2015
Latest figures show that New Zealand is not planting enough trees to meet its climate change pledges, and a carbon forestry expert says that the Government is to blame.
Let's cut emissions, not worry about how
2 Mar 2015
Australia had an emissions trading scheme with a fixed price; it was one good way to encourage carbon cuts throughout the economy.
ETS nothing but 'words, fishhooks and traps,' says Palmer
23 Feb 2015
New Zealand’s Emissions Trading Scheme legislation is so full of “words, fishhooks and traps” that giving sound legal advice on it to businesses is almost impossible, says one of our leading legal minds.
New Zealand’s defective law on climate change, by Sir Geoffrey Palmer
23 Feb 2015
Distinguished law fellow Sir Geoffrey Palmer, QC, has been at or near the heart of our attempts to tackled climate change for nearly three decades.
Australia readies for first emissions auction
16 Feb 2015
Australia’s first Emissions Reduction Fund auction will be in April – a month later than the market expected.
EU edges toward 2018 start date for carbon reform
16 Feb 2015
European Union politicians are expected to agree on a compromise 2018 start date for reforms to the Emissions Trading System to try to bridge divisions over efforts to prop up the world's biggest carbon market.
Nats' Waitangi promise: We'll talk to Maori about climate change
9 Feb 2015
The Government has said it will work with Maori on the two big climate change/carbon pricing decisions it faces this year – the post-2020 emissions reduction target and the review of the Emissions Trading Scheme.
Iwi leaders lose climate change champion
9 Feb 2015
One of New Zealand’s most influential leaders on climate change has died.
Climate debt grows as Australia messes about
9 Feb 2015
Policy procrastination over climate change is costing Australia money, a new analysis shows.
Gas will replace oil in the UK – with or without fracking
9 Feb 2015
MPs in the UK recently needed more time voted against a moratorium on hydraulic fracturing, but Lancashire, the local county council under most pressure, agreed it
Trading will be back, say Australian businesses
2 Feb 2015
Most Australian businesses believe the country will return to an emissions trading scheme or a carbon tax by 2020.
Carbon pricing the challenge for the future
2 Feb 2015
The concept of carbon pricing as a tool to combat climate change is broadly accepted by the international community. But at what price, and under what conditions?
Carbon prices hit two-year high
27 Jan 2015
New Zealand carbon is at its highest price in more than two years.
Government stays quiet on emission trading plans
27 Jan 2015
The Government still isn’t talking about this year’s scheduled review of the Emissions Trading Scheme.
English goes silent on carbon deficit costs
15 Dec 2014
The Government is refusing to discuss what impact a 2030 carbon deficit will have on the economy – despite warnings from Treasury.
Carbon trade in Beijing tops 100 million yuan
15 Dec 2014
Carbon trade volume in Beijing has reached 105 million yuan ($NZ21.8 million) since a carbon emissions trading scheme was launched in the city a year ago.
We're facing a $3b carbon crisis ... and it could be worse
8 Dec 2014
New Zealand has a $3 billion carbon headache looming – and Treasury says that’s the conservative estimate.
The country needs a carbon budget, says pressure group
8 Dec 2014
A climate change lobby group is calling for a national carbon budget and legally binding emissions reduction targets.
Memo farmers: Learn to manage your methanotrophs
1 Dec 2014
Farmers could cut their future exposure to carbon prices by looking after the methanotrophs in their soils, a soil scientist says.
Mighty River contests paying for carbon units
1 Dec 2014
MightyRiverPower has claimed in the High Court that it shouldn’t have to pay for carbon units issued for years prior to the start of its contract with New Zealand Carbon Farming in 2013, which it entered as part of its effort to offset emissions from electricity generation.
Climate change too far down Labour's list
24 Nov 2014
By editor ADELIA HALLETT.- New Labour Party leader Andrew Little appears to rank climate change only slightly more importantly than does Prime Minister John Key.
Australia’s coal and gas exports being left stranded
24 Nov 2014
The United States and China have announced goals to reduce emissions by 26 per cent to 28 per cent and to cap emissions by 2030 respectively.
NZUs bubble at $4.30
24 Nov 2014
We continue to bubble around $4.3,5 with not much pushing it either way at present. OMFinancial reports:
NZ market lacklustre - for now
11 Nov 2014
NZUs were unchanged yesterday, and the market was completely lacklustre. OMFinancial reports:
Why Australia’s entire power sector should support target
10 Nov 2014
There’s been much talk about how uncertainty over the future of Australia's Renewable Energy Target (RET) is affecting the renewable energy industry.
Our emissions plan hopeless, says renowned academic
3 Nov 2014
New Zealand has no chance of meeting its 2020 emissions reduction target under current policies, says a leading scientist involved in the latest IPCC report.
At last, there's a glimpse of an ETS in Australia
3 Nov 2014
With the passage of the Emissions Reduction Fund through the Senate last week, Australia's federal government has taken a step toward achieving the country's minimum target to reduce greenhouse gas emissions to 5 per cent below 2000 levels by 2020.
Business leaders praise EU emissions deal
3 Nov 2014
A group of influential business leaders is welcoming Europe's new climate and energy deal.
New EU emissions goal pits green business against industry
28 Oct 2014
A European Union goal to cut greenhouse gases by 40 per cent by 2030 sets the pace for a global deal to tackle climate change, pitting heavy industry against green business.
Emissions register has a new look
28 Oct 2014
The Environmental Protection Authority is making the national emissions register more user-friendly.
Anxious foresters await review of foreign credits ban
13 Oct 2014
A controversial decision to make foresters the only emitters banned from using cheap foreign carbon credits to offset their greenhouse gas emissions is under review.
VOILA! A simple new way to put a price on global carbon
13 Oct 2014
A team of French academics has proposed an international carbon trading system, whereby countries with the highest average CO2 emissions pay the most.
MIA ... but it doesn't mean China's not interested
29 Sep 2014
There were a few notable absentees among the more than 120 world leaders gathered in New York for last week's United Nations Climate Summit - and perhaps most notable of all was the head of the world’s highest-emitting nation, China’s President Xi Jinping.
Do something, big business warns political leaders
29 Sep 2014
Many of the biggest hitters in the global financial community, together managing an eye-watering $24 trillion of investment funds, have issued a powerful warning to political leaders about the risks of failing to establish clear policy on reducing greenhouse gas emissions.
New market pact keeps Australians on the ball
29 Sep 2014
Australian businesses wanting to keep up to date with the international carbon market during their country’s retreat from carbon pricing have formed a new regional agreement.
Clear skies for aviation industry, says Boeing report
29 Sep 2014
The business outlook for civil aviation is bright thanks mainly to rising Asian demand for aircraft. But airlines are expected to have a harder time, with tougher competition in Europe leading to a consolidation of the sector, according to the latest industry forecast.
China goes up a gear but still has a lot of work to do
22 Sep 2014
In the lead-up to the UN leaders’ summit on climate change (http://www.un.org/climatechange/summit), China is shifting up a gear in its drive towardsnational emissions trading.
It's simple ... either you believe, or you don't
16 Sep 2014
By editor ADELIA HALLETT.- Voters in this weekend’s general election face a simple choice when it comes to climate change – you either believe it is a real and massive problem requiring transformation of the economy, or you don’t.
NZ needs to be in China now, says carbon trader
8 Sep 2014
New Zealand should be knocking on China’s door now if it wants to exploit huge potential from that country’s apparent determination to put a national emissions trading scheme in place in 2016, says a leading local carbon trader.
We've got the world's lowest carbon prices
8 Sep 2014
New Zealand has the lowest carbon prices in the world, the World Bank says.
Worried carmakers force Korea ETS changes
8 Sep 2014
Korea’s booming car industry appears to have won over the government in the country’s latest road map for emissions reduction.
Labour vows to scrap emitters' one-for-two deal
1 Sep 2014
The one-for-two deal that halves emitters’ carbon liabilities would be scrapped by a Labour government.
Forest owners welcome return of grant scheme
1 Sep 2014
Forest owners are welcoming the reinstatement of the Afforestation Grant Scheme – but say that lifting carbon prices would reverse deforestation overnight.
Climate progress slowing, says Auckland councillor
Thu 5 Jun 2025
By Shannon Morris-Williams | The devastating cyclone that tore through Tāmaki Makaurau in 2023 left behind more than just broken infrastructure, sparking calls to focus on facts over ideology in the fight against climate change.
Fed Farmers launches campaign against carbon forestry
Fri 6 Jun 2025
By Liz Kivi | Federated Farmers has launched what they are calling the ‘Save Our Sheep’ campaign, blaming carbon forestry for declining sheep numbers and calling on the government to urgently review the Emissions Trading Scheme.
Greenwashing is rife in Australia, but could its days be numbered?
28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Microplastics found in sand on dozens of NZ beaches
Wed 4 Jun 2025
Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
Govt mulls status quo for ETS auction settings
29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
Global energy investment set to hit record $3.3 trillion in 2025, IEA says
Fri 6 Jun 2025
A surge in clean energy spending is expected to drive a record $3.3 trillion in global energy investment in 2025, despite economic uncertainty and geopolitical tensions, the International Energy Agency said on Thursday.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Common low-grade clay strengthens low-carbon concrete
Thu 5 Jun 2025
Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
Gas supply reducing faster than forecast
Thu 5 Jun 2025
By Liz Kivi | Gas reserves have reduced 27% as of 1 January 2025 compared to last year, according to data released today by the Ministry of Business, Innovation and Employment.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Extreme ocean warming engulfed South-West Pacific in 2024
Fri 6 Jun 2025
By Shannon Morris-Williams | Unprecedented ocean warming engulfed the South-West Pacific in 2024, with extreme heat and rainfall causing deadly and devastating impacts and sea level rise threatening entire islands.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Biochar's negative emissions tech coming to Fieldays
Fri 6 Jun 2025
Biochar Network New Zealand will showcase its negative emissions technology biochar at this year's Forestry Hub at Fieldays 2025.
Vanuatu criticises Australia for extending gas project while making COP31 bid
Wed 4 Jun 2025
Vanuatu’s climate minister has expressed disappointment over Australia’s decision to extend one of the world’s biggest liquefied natural gas projects and said it raises questions over its bid to co-host the COP31 summit with Pacific nations.
Watts talks big on energy reform, but barriers persist
29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
Electrification challenge for politicians, regulators
27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
How the little-known ‘dark roof’ lobby may be making US cities hotter
Fri 6 Jun 2025
As cities heat up, reflective roofs could lower energy bills and help the climate. But dark-roofing manufacturers are waging a quiet campaign to block new rules.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
What happened to the hydrogen economy?
Tue 3 Jun 2025
The hydrogen car that was supposed to carry us into a cleaner future is still not in the driveway. In fact, outside of a few test markets, it’s not in anyone’s driveway.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
Govt's RMA overhaul sparks fears for nature and climate
30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
Thu 5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
Top ocean experts sound the alarm over growing marine crisis due to climate change
Fri 6 Jun 2025
On the opening day of a global science conference, French fishery scientist Clea Abello presented research showing that marine protected areas could protect commercially valuable fisheries.
Tech alone won’t save us, warns climate expert
Wed 4 Jun 2025
By Shannon Morris-Williams | Technology alone won't be enough to reach net zero emissions, environmental psychologist Lorraine Whitmarsh told the Carbon and Energy Professionals conference in Auckland last week.
New research reveals NZ’s natural resource footprint
29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
NZ's first chance in 20 years to catch up on waste
30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
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.
UK’s solar power surges 42% after sunniest spring on record
Fri 6 Jun 2025
The UK’s solar farms and rooftops generated more electricity than ever before in the first five months of 2025, as the country enjoyed its sunniest spring on record.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
US: Clean energy project cancellations top $14 Billion so far in 2025
Wed 4 Jun 2025
Businesses have pulled the plug on big projects amid Trump’s retreat on climate action. But plenty remain in the pipeline, awaiting a Congressional decision on tax credits.
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
“It’s not the car – it’s how we move” – EECA
Tue 3 Jun 2025
By Shannon Morris-Williams| New Zealand’s transport emissions conversation has focused heavily on electric vehicles – but Richard Briggs, group manager, delivery and partnerships at the Energy Efficiency and Conservation Authority, says we’re asking the wrong question.
Europe’s next climate target may already have been agreed in Berlin
28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Water crisis on the horizon?
26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
For the first time, China invests more in wind and solar than coal overseas
29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
