Topics tagged with 'Emissions trading'
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.
Foresters like look of climate commission
1 Sep 2014
Forest owners like the Labour Party's plan to set up an independent climate commission.
Aviation a microcosm of the emissions problem
1 Sep 2014
No matter what the aviation industry does to reduce emissions, it will be outweighed by growth in air travel, according to a new analysis.
Labour vows to act on agriculture by 2016
25 Aug 2014
There is bad news for farmers, and good and bad news for industrial emitters under Labour’s climate change policy, released yesterday.
European carbon prices look set to rise
25 Aug 2014
An international energy market watcher is predicting price rises in European carbon.
Experts pinpoint what emissions cost economy
18 Aug 2014
For the first time, economists have put a financial cost on the impact of greenhouse gases released by the industrialisation of developed countries.
Don't waste your money on oil and gas
18 Aug 2014
If you want a safe bet, don’t invest in some of today’s tempting oil and gas projects. That’s the message from a UK-based financial think-tank that aims to align the global energy market with climate reality.
The climate change world according to Piketty
18 Aug 2014
French economist widely debated Thomas Piketty and his book Capital in the Twenty-First Century are a global publishing phenomenon. But while Piketty’s writing on wealth inequality has been widely debated, far fewer people know that he has some useful things to say about climate change and public capital.
Greens have a tempting carbon tax idea
11 Aug 2014
A carbon price is still the best and fairest way to achieve emissions cuts, but as Australia and New Zealand show, it’s not easy to get it right. How could carbon pricing be improved?
NZ gifts Rio Tinto $6m free carbon credits bonus
4 Aug 2014
The company that threatened to leave New Zealand if it introduced the Emissions Trading Scheme has had a $6 million windfall from taxpayers in the form of free carbon credits.
Frustrated forest owners quit trading scheme
4 Aug 2014
More than 750 owners of post-1989 forests left the Emissions Trading Scheme over the past year as New Zealand’s net forestation rate plummeted.
Low surrender shows emitters using foreign units
4 Aug 2014
Just 0.5 per cent of the more than 45 million carbon units surrender for the 2013 emissions year were our home-grown units.
Economist rubbishes Govt's $500 power cost claim
4 Aug 2014
Government claims that lifting carbon prices would cost householders $500 more a year in electricity bills have been debunked.
Foreign foresters might sue over ETS changes
1 Aug 2014
New Zealand might face claims under free-trade agreements for losses caused as a result of changes to the Emissions Trading Scheme.
Carbon axe will boost renewables, says Trustpower
1 Aug 2014
Electricity generator Trustpower believes the repeal of Australia's carbon tax will be great for renewable energy, which is likely to be heavily favoured under the federal government's Renewable Energy Targets scheme.
Shorten pleads for G20 to talk climate crisis
25 Jul 2014
Australian Opposition leader Bill Shorten has taken his battle with Prime Minister Tony Abbott over climate policy to an international stage, saying the issue should be a priority for the G20 leaders' meeting in Brisbane.
Europe lacks courage on energy targets
25 Jul 2014
In proposing a 30 per cent rather than a 40 per cent energy demand reduction target, the European Commission is increasing the risks that European Union member states face from fossil-fuel dependence and slowing the economic and social benefits of better insulated homes and lower energy bills.
Quiet end to week
25 Jul 2014
The week ended quietly, with the overall market unchanged. OMFinancial reports:
It's all eyes on the election
25 Jul 2014
New Zealand has had a quiet week, with the market slowly softening as volumes come to market in small parcels, says Westpac's carbon desk.
Carbon tax repeal could leave businesses marooned
18 Jul 2014
In the short term, the repeal of Australia's carbon tax, passed in the Senate yesterday, may provide some relief for businesses and households as electricity bills fall — although possibly not as much as official estimates.
Study shows Australian emissions cuts were working
18 Jul 2014
Carbon emissions in Australia’s national electricity market would have been 11 to 17 million tonnes higher if Australia had not introduced a carbon price.
ETS pay-off puts millions into climate projects
18 Jul 2014
The sale of carbon credits for the first time will finance projects that help to tackle climate change.
Major UN climate conference in Christchurch next week
Today 11:00am
A major United Nations climate conference is coming to Christchurch next week, with organisers aiming to spotlight Pacific realities, Indigenous innovation, and the policies needed to scale climate adaptation across policy, finance and on-the-ground practice.
What the ‘controversial’ GWP* methane metric means for farming emissions
Today 11:00am
A controversial way of measuring how much methane warms the planet has stirred debate in recent years – particularly around assessing the climate impact of livestock farming.
NZ needs to be part of a regional SAF strategy: Z, Air NZ
9 Sep 2025
By Pattrick Smellie | New Zealand needs to be part of a regional strategic approach to sourcing sustainable aviation fuel (SAF), with domestic production less the aim than ensuring access to the fuel from one of a number of strategically positioned bio-refineries around the world.
‘This is real progress’: Airlines on sustainable aviation fuels and the chances of net zero flying
Today 11:00am
The EU and UK have imposed mandates, and investors see its value – but the industry has mixed views.
Wetlands project earns sustainability award for cleaner waterways
Today 11:00am
A project constructing new wetlands to improve water quality has been recognised for environmental sustainability after delivering measurable water-quality gains.
Researchers say sealing old oil wells with bio-oil from crop waste is a dual carbon-removal solution
19 Sep 2025
A new analysis shows that oil made from corn husks, wood chips, and other waste could plug greenhouse gas-belching abandoned oil wells while sequestering carbon for about $152 per ton.
Emerging biodiversity and carbon markets part of Gisborne plan for land-use change
Mon 6 Oct 2025
Gisborne District Council has endorsed a plan to shift up to 100,000 hectares of the region’s most erosion-prone land into permanent vegetation cover and is calling on the Government to make urgent changes to the Emissions Trading Scheme to aid the transition.
UN-backed climate banking alliance ceases operations
Today 11:00am
The Net-Zero Banking Alliance, a UN-backed initiative seeking carbon neutral investments by banks, announced Friday its immediate shutdown -- at a time of faltering climate commitments in the United States and Europe.
Will govt’s light touch approach lead to higher carbon prices?
Fri 3 Oct 2025
By Liz Kivi | Carbon market watchers are hoping the government’s plan for the electricity sector will eventually lead to higher carbon prices, with the secondary market still trading sideways for the longest time in its history.
Electricity to remain in ETS
Wed 1 Oct 2025
By Pattrick Smellie | The Government has rejected Frontier Economics' recommendation that electricity should be removed from the Emissions Trading Scheme.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
UN limits staff at COP30 climate summit over accommodation concerns
19 Sep 2025
High hotel prices for Brazil's COP30 climate summit in November have prompted the United Nations to urge its staff to limit attendance, while government delegations are still scrambling to find rooms within their budgets.
The dry year problem
Today 11:00am
One of the most pressing problems confronting New Zealand’s electricity system is the “dry-year challenge” – the risk that low hydro inflows coincide with falling domestic gas supply, leaving the system without enough firm capacity to keep prices stable.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
In a new era of climate disaster, a tiny, resilient mountain village in New Mexico is teaching the world how to adapt
Today 11:00am
Rather than risk the destruction of their village with every flood, Ruidoso’s leaders are plotting for survival.
Declining sea-ice is altering Antarctic food webs
11 Sep 2025
A new study shows a significant change in Antarctic phytoplankton over time that could cascade through the marine food web and affect the ocean’s capacity as a carbon sink.
Consultation open on second draft of Sustainable Finance Taxonomy
29 Sep 2025
Public consultation has opened on the second draft of the Aotearoa New Zealand Sustainable Finance Taxonomy.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
Thu 2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
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.”
$1.5m for climate action
Mon 6 Oct 2025
The Wilding Pine Network, Rewiring Aotearoa, Papawhakaritorito Charitable Trust, 800 Trust and 350 Aotearoa, have received grants from a total pool of more than $1.5m over two years from of Climate Action Aotearoa's Kaupapa of National Significance Climate Action Fund.
UC wins top international award for civics education
Mon 6 Oct 2025
Media release | A University of Canterbury research group has received international recognition at the highest level of political science.
Climate credibility gap widening for Aussie firms
Wed 1 Oct 2025
By Pattrick Smellie | Australian public companies’ climate change commitments are in retreat, reflecting difficulty in achieving stated targets and increased fossil use, but not because of any pressure to make less effort, according to a study of major companies’ ESG reporting.
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
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.
Study warns climate leadership falling short in NZ
Wed 1 Oct 2025
Media release - Waipapa Taumata Rau, University of Auckland | Research suggests New Zealand’s climate leadership is falling short, with current adaptation efforts focused on property and cost-cutting rather than protecting communities.
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.
NZ quiet on climate target at UN meeting
Thu 2 Oct 2025
By Liz Kivi | New Zealand didn't mention its recently minted – but widely criticised – climate target for 2035 at a major multilateral climate meeting in New York last week, at an event which was ostensibly billed as a platform for leaders to present their new targets.
'Non-negotiable' – EU carbon pricing to hit Kiwi exporters, expert warns
11 Sep 2025
By Shannon Morris-Williams | High carbon exports will inevitably face a high carbon tax at the EU border, possibly in the next five years, and high methane agricultural products might not be exempt, an international expert told a local audience yesterday.
Deep sea mining threatens sharks, rays and ghost sharks
Mon 6 Oct 2025
Mining the world’s deep seas for metals will likely threaten many species of sharks, rays and chimaeras (ghost sharks), according to researchers.
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.
Hauraki Gulf protection ‘insurance policy’ against climate change - expert
Today 11:00am
The Hauraki Gulf Tīkapa Moana Marine Protection Bill is due for its third reading in Parliament this week, extending protections of current marine reserves in the Hauraki Gulf Marine Park, including at Cathedral Cove, as well as adding new protected areas.
China calls EU hypocritical over criticism of climate goal
Wed 1 Oct 2025
The EU climate chief's criticism of China's new climate pledges shows "double standards and selective blindness," China's foreign ministry said on Friday, accusing the bloc of being slow to act on its own climate targets.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Fast-track changes coming before end of year
Fri 3 Oct 2025
The Government is already preparing to amend its fast-track approvals law, even as the first projects consented under the regime begin construction.
Solar farm gets fast-track treatment
Mon 6 Oct 2025
Lodestone Energy’s proposed 220 MW solar farm at Haldon Station in the Mackenzie Basin has become the first solar project to be referred to an expert panel under the Fast-track Approvals Act 2024.
Students repeat request for Victoria University to divest from fossil fuel investments
24 Sep 2025
Media release | A group of students campaigning for climate action at Victoria University of Wellington have dropped a banner protesting against the university’s lack of action on its 2014 commitment to divest from fossil fuels.
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.
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.
Auckland Transport and Kinetic charging ahead for sustainability
30 Sep 2025
Media release | Auckland Transport (AT) and bus operator Kinetic and have taken another step in their decarbonisation journeys with major upgrades completed at Kinetic’s Glenfield bus depot to support a growing zero emissions fleet.
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.
End of EV tax subsidy sparks worries of collapse in US electric car sales
Mon 6 Oct 2025
Automotive executives are bracing for a freefall in U.S. electric-vehicle sales following the disappearance of a critical $7,500 tax break for buyers.
‘Beyond embarrassing’ – Peters’ Paris remarks draw fire for talking down Pacific climate diplomacy
26 Sep 2025
By Shannon Morris-Williams | Foreign Minister and NZ first leader Winston Peters says he wants to revisit the Paris Agreement with Pacific leaders because some may be unaware of how it’s structured.
Day of action against incinerators
29 Sep 2025
Media release | Zero Waste Aotearoa will call on the Ministry for the Environment to embrace real solutions to waste and climate change, not toxic pollution from incineration as part of an international day of action on Tuesday 30 September.
Environment Minister abusing role to put freshwater at risk – Greens
Fri 3 Oct 2025
Media release – Green Party | Documents obtained under the Official Information Act have revealed the Minister for the Environment is pressuring local councils to allow ‘water take’ consents for a group of farmers that includes her party colleague, in a catchment already showing signs of serious decline.
‘Con,’ ‘scam,’ ‘hoax’: Trump’s UN speech on climate
24 Sep 2025
The president used a large chunk of his hour-long speech to world leaders to condemn climate science and clean energy policies.
Trump administration moves to revoke permit for Massachusetts offshore wind project
24 Sep 2025
The Trump administration has moved to block a Massachusetts offshore wind farm, its latest effort to hobble an industry and technology that President Donald Trump has attacked as “ugly” and unreliable compared to fossil fuels such as coal and natural gas.
