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Topics tagged with 'Emissions trading'

More in: Emissions trading
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Treasury tells Government how to cut emissions

2 Jun 2015

Treasury has told the Government that if it wants to reduce greenhouse gas emissions it should introduce a carbon price floor, get rid of the two-for-one provisions or cut the number of free carbon credits it gives to emitters.

Budget holds hint of carbon credit auctions

25 May 2015

The Government is developing the architecture to auction carbon credits.

The world is waking up to the $5.3 trillion cost of fossil fuels

25 May 2015

Prospects for global energy markets have been reshaped by two recent pieces of news, one of which helps to explain the other.

Megan Woods ... bullying tactics.

Why the Government's forestry policies are not working

18 May 2015

Labour Party climate changes spokesperson MEGAN WOODS on why the Government’s forestry policies are failing:

We've got the chance to turn green into gold

11 May 2015

New Zealand could turn “green into gold” by capitalising on emerging clean technologies and showing leadership on climate change.

Ross Garnaut ... questions remain.

We’re not there yet, Garnaut tells Australia

11 May 2015

Following the repeal of the carbon tax, the Australian Government has implemented its Direct Action climate policy, centred on the A$2.55 billion Emissions Reduction Fund.

Christiana Figueres ... Australia risks becoming an outsider at this year’s Paris talks.

Canberra dragging the chain, says UN climate chief

11 May 2015

Sigmund Freud would have had a field day with the speech by United Nations climate change chief Christiana Figueres to a Melbourne summit on greenhouse emissions reductions. Because what was most interesting was not what she did say, but what she didn’t.

Factory smoke and winter smog above Christchurch.

Apparently, we're going to slash thousands of tonnes of emissions by 2020

28 Apr 2015

The Government expects the Emissions Trading Scheme to cut New Zealand’s greenhouse gas emissions by nearly 10,000 kilotonnes in 2020.

Professor Ralph Sims ... rugby, big cars and beer.

We could be heading for a multi-billion-dollar carbon hangover

13 Apr 2015

New Zealand’s “rugby, big cars and beer” culture could leave the country with an annual carbon hangover edging into the billions of dollars.

More cows means double the gas emissions

13 Apr 2015

Greenhouse gas emissions from dairy cows in New Zealand have more than doubled since 1990.

NZ hangs back as countries commit to carbon cuts

7 Apr 2015

Russia did it. The United States did it. All the countries in the European Union have done it, as have Mexico, Norway, Switzerland and Latvia. Even oil-and-mineral-exporting Gabon, population 1.3 million, did it.

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.

Tim Groser ... on watch.

We're watching carbon prices, says Government

30 Mar 2015

The Government says it is watching carbon prices creep higher.

Paul Nicholls ... real carbon price, please.

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.

Tim Groser ... no word on review.

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:

Tim Groser .. we're fine.

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.

Sir Geoffrey Palmer ... defective law.

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.

Tim Groser ... commitment.

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.

Dr Apirana Mahuika ... influential.

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

Frank Jotzo ... heavy pressure.

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.

Bill English ... suddenly silent.

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.

Dr Sally Price ... start now.

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.

Andrew Little ... climate in the background.

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.

Prof Ralph Sims ... poor policies.

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.

Connie Hedegaard ... world is watching.

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.

Adaptation
More >

Governments must vote in favour of moratorium on deep sea mining

Tue 29 Jul 2025

Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.

Agriculture
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Awarua-Waituna Wetlands

Does NZ need a national incentive scheme for wetlands?

25 Jul 2025

By Liz Kivi | An expert is calling for a national incentive programme to restore New Zealand’s wetlands and wants to stop schemes to drain these vital carbon-sequestering ecosystems.

Airlines
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NZ Post drops science-based climate target

8 Jul 2025

By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.

Aviation
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Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns

18 Jul 2025

Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.

Biodiversity
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Challenges persist in bid to mine the deep sea, even after boost from Trump

Tue 29 Jul 2025

After years of delay, the deep-sea mining plans of Canadian firm The Metals Company (TMC) now appear to be progressing as it pursues a controversial new path to securing a license to mine in international waters under U.S. jurisdiction.

Biofuels
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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.

Carbon Credits
More >

Carbon prices slide as market awaits ETS decision

Fri 1 Aug 2025

By Liz Kivi | Volatility has returned to the secondary carbon market, with prices sliding again after plateauing in recent weeks, as the market waits for government decisions on Emissions Trading Scheme settings.

Carbon News world
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The US is sitting out the most consequential climate summit in a decade. It may offer a victory to China

Fri 1 Aug 2025

The Trump administration fired the last of the US climate negotiators earlier this month, helping cement America’s withdrawal from international climate diplomacy. It may also have handed a huge victory to China.

Carbon prices
More >

Bearish sentiment lingers for carbon market

11 Jul 2025

By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.

Coal
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Coal use drove recent emissions increase

Fri 1 Aug 2025

Increased use of coal for electricity generation was a large driver for an increase in New Zealand’s greenhouse gas emissions in the last quarter.

Comment
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Huntly Power Station, the largest thermal power plan in New Zealand.

Is extending Huntly power station to 2035 in consumers’ best interest?

22 Jul 2025

By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?

Construction
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Senior property lecturer Dr Michael Rehm

What does 'drier' really mean in 'green' homes?

Fri 1 Aug 2025

Media release - Waipapa Taumata Rau, University of Auckland | Researchers say green-rating systems could improve clarity and effectiveness by explicitly defining ‘drier’ and using two measures of humidity.

COP
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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.

Energy
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Minister of Resources Shane Jones

Bill to restart oil and gas exploration clears final hurdle

Fri 1 Aug 2025

By Shannon Morris-Williams | The government’s Crown Minerals Amendment Bill is set to become law after passing its third reading in parliament last night, with critics calling it humiliating for the climate minister and an embarrassment to New Zealand's international reputation.

Extinction
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Key orange roughy population on verge of collapse, govt considers closure

9 Jul 2025

Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.

Extreme weather
More >

Warmer than usual weather ahead, wetter in north and east, as La Niña signals strengthen

Fri 1 Aug 2025

Media release – Earth Sciences New Zealand | Seasonal Outlook Climate August to October 2025 suggests warm, damp weather, with La Niña’s possible return.

Fishing
More >

Latest trawl bycatch numbers 'a grim wake-up call'

24 Jun 2025

Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.

Forestry
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Jim Ward, manager of Molesworth station for 24 years, resigned amid frustration with wilding pines and uncertainty about the station’s future.

Wilding pines threaten Molesworth Station

Mon 28 Jul 2025

By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.

Gas
More >
Resources Minister Shane Jones

Last minute change to oil and gas legislation over cleanup costs

Thu 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.

Geothermal
More >
Geothermal power station near Taupō

A modest geothermal strategy

Thu 31 Jul 2025

By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.

Green finance
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European Central Bank to consider 'climate factor' when lending to banks

Thu 31 Jul 2025

The European Central Bank will add climate change considerations to its lending operations from late 2026, raising pressure on banks to channel financing towards greener sectors as the euro zone seeks to reduce its carbon footprint.

Greenhouse Effect
More >
Deepsea brittle star species from New Zealand, part of the Earth Sciences New Zealand's invertebrate collection in Wellington

NZ part of hidden global deep-sea network beneath the waves

25 Jul 2025

Media release - Earth Sciences New Zealand | A world-first study of marine life, including sea creatures found in New Zealand's dark, cold, pressurised ocean depths, has revealed that deep-sea life is surprisingly more connected than previously thought.

Greenwashing
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Prime Minister Christopher Luxon greets schoolchildren

‘Ideological sludge’: How NZ is quiet quitting climate action

17 Jul 2025

New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.

Hydro power
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Energy Minister Simon Watts addressing the CEP conference in Auckland this week

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.

Hydrogen
More >
Hiringa chief executive Andrew Clennett

Hiringa eyes green methanol plant near Whanganui

Tue 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.

Insurance
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Climate catastrophes are creating a ‘new market reality’ for insurance carriers

23 Jul 2025

Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.

Kyoto
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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.

Litigation
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Multi-day protest continues at coal mine

Wed 30 Jul 2025

Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.

Low carbon
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Fund for low emissions transport winds up

Thu 31 Jul 2025

New Zealand’s Low Emission Transport Fund has officially wrapped up, ending a nine-year programme that put hundreds of millions of dollars towards accelerating the country’s shift to cleaner transport.

NZ ETS
More >

Urgent action needed to get on track for climate goals - commission

25 Jul 2025

By Shannon Morris-Williams | New Zealand is making progress on reducing greenhouse gas emissions, but more work is needed – urgently – to set up for future reductions, according to the latest report from the Climate Change Commission.

NZ Market Report
More >

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.

Oceans
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Toxic algae are turning South Australia’s coral reefs into underwater graveyards

Tue 29 Jul 2025

Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline.

Paris Agreement
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The landmark advisory, which significantly transforms the obligation of states regarding climate change, being delivered at the International Court of Justice in the Hague.

NZ govt’s fossil fuel plans could break international law

24 Jul 2025

By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.

Planetary boundaries
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Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’

11 Jul 2025

In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.

Plastics
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‘Total infiltration’: How plastics industry swamped vital global treaty talks

Mon 28 Jul 2025

Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet.

Protest
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Activists sue US development bank over $4.6bn loan to massive Mozambique gas project

18 Jul 2025

Environmental groups claim loan is ‘unlawful’ in legal filing.

Rare earth minerals
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New Zealand Minerals Council chief executive Josie Vidal

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.

Renewable energy
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Tilting at windmills? Trump’s claims about turbines fact-checked

Thu 31 Jul 2025

The US president has taken a swipe at wind power as the blades visible from his Turnberry golf course turn.

Science
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Ocean heatwaves may signal climate tipping point

25 Jul 2025

A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.

Tax
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Climate groups want UK wealth tax to make super-rich fund sustainable economy

17 Jul 2025

Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.

Technology
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Can robot taxis solve NZ's transport woes?

23 Jul 2025

By Shannon Morris-Williams | The Ministry of Transport has tested the idea of driverless taxis as a futuristic fix. But while new modelling explores how "robotaxis" could ease congestion and reduce car ownership, critics say it misses a crucial point – the country’s worsening transport emissions.

The House
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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.

Transport
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EV sales fall, but it’s complicated

Tue 29 Jul 2025

Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.

United Nations
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Newcastle is one of the largest coal export ports in Australis

The ICJ’s ruling means Australia and other major polluters face a new era of climate reparations

25 Jul 2025

By Harj Narulla | OPINION: Australia has found itself on the wrong side of history.

Waste
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Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner

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.

Water
More >

The struggle for control of the Arctic is accelerating - and it's riskier than ever

11 Jul 2025

As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.

Wildfires
More >

NZ voluntary carbon market’s sad state

14 Jul 2025

By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.

Wind energy
More >

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.

More in: Emissions trading
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