Topics tagged with 'Emissions trading'
UN offers Kyoto credits direct to public
28 Sep 2015
The United Nations is offering Kyoto-compliant carbon credits directly to the public.
Anyway, says Key, the ETS was brought in by National
28 Sep 2015
Prime Minister John Key is claiming credit for bringing in the Emissions Trading Scheme – despite the fact his party actually voted against it.
China unveils trading plan and joins hands with US
28 Sep 2015
China, the world’s largest carbon polluter, has reiterated its carbon trading commitment and has pledged $3.1 billion in climate financing to assist developing countries.
How Groser battled for a 15% emissions cut
21 Sep 2015
Climate Change Minister Tim Groser wanted New Zealand to cut greenhouse gas emissions by 15 per cent below 1990 levels by 2030, a Treasury email shows.
No action on agriculture could cost us $13b
21 Sep 2015
Keeping agriculture out of the Emissions Trading Scheme could cost taxpayers $13 billion between 2020 and 2030, Treasury says.
Turnbull should go back to his old climate self
21 Sep 2015
No more “stop the boats” or “axe the tax”. In announcing his challenge to Tony Abbott, Malcolm Turnbull promised to take Australian politics away from the mantrafication of policy by three-word chant.
The global warming slowdown is an illusion
21 Sep 2015
Researchers say the world is continuing to warm, and evidence shows claims of a slowdown are unequivocally illusory.
Let’s take the market out of conservation
21 Sep 2015
For years, scientists and environmentalists have debated the best ways to conserve and protect natural resources from pollution and over-exploitation.
Business, officials want cross-party climate deal
14 Sep 2015
High government officials and business leaders have recommended cross-party consensus on climate change - something the Government has since ruled out.
... so, where does the authority go from here
14 Sep 2015
Bernie Fraser’s resignation as chairman of Australia’s Climate Change Authority has left many wondering what is left of it and what its future might be.
Advisers scrap over emissions cuts target
7 Sep 2015
Government departments are divided over how New Zealand should approach its post-2020 emissions reduction target – a target which the Government was going to set at just 6 per cent, Cabinet papers reveal.
Greens bend to seek political climate consensus
7 Sep 2015
A strong carbon price, a green investment bank and a climate commission are emerging as the basis of a political consensus on climate change policy – at least on one side of the House.
Australia’s new cap a trading scheme in all but name
7 Sep 2015
The Australian Government has released its final draft for a cap on greenhouse gas emissions. The “safeguard mechanism” will form part of the government’s central climate policy, and will fine large businesses for exceeding emissions baselines.
What really happened with Kyoto ERUs
7 Sep 2015
Emissions trading needs to be backed by ambitious targets, transparent reporting and international accountability if it is to be effective in tackling climate change.
Stranded-assets threat making mark on business
31 Aug 2015
The risk of being left with stranded assets is focusing business attention on climate change, says the organiser of an up-coming business conference in Auckland.
New figures show foresters deserting tree-planting
24 Aug 2015
More of New Zealand’s post-1989 plantation forests are outside the Emissions Trading Scheme than are in it.
Australia's 'weak' emissions targets don't add up
17 Aug 2015
Australia has a huge gap between its projected and target 2030 emissions, an analyst is warning.
'Myopic focus' costing us climate change progress
17 Aug 2015
New Zealand might have reached the limits of its ability to exploit natural resources, the Labour Party says.
Review ETS after Paris, says climate lawyer
17 Aug 2015
The Emissions Trading Scheme review should be pushed off into next year, a climate change lawyer says.
Caygill sets out on new energy mission
3 Aug 2015
Former Finance Minister David Caygill is to chair the BusinessNZ Energy Council – a group of energy companies whose mission is to secure a sustainable energy future for New Zealand.
Treasury maps out our path to a low-carbon enconomy
27 Jul 2015
A strong carbon price, better urban planning, a climate commission and systematic assessment of how government policies affect climate change would help New Zealand’s transition to a low-carbon economy, Treasury says.
One year on from the carbon price experiment, the rebound in emissions is clear
27 Jul 2015
Just over a year ago, Australia concluded a unique public policy experiment. For the preceding two years and two weeks, it had put a price on a range of greenhouse gas emitting activities, most significantly power generation.
'Failed' NZ could be walking into trap at Paris climate summit
13 Jul 2015
New Zealand could be in trouble with its post-2020 emissions reduction target if the world doesn’t allow us to continue to use creative accounting to meet our obligations, international scientists are warning.
Businesses put brakes on climate action, says study
13 Jul 2015
Fewer businesses are taking action on greenhouse gases than two years ago, Waikato University’s latest sustainability report shows.
Foresters see need for big ETS changes
13 Jul 2015
Major changes will need to be made to the Emissions Trading Scheme if New Zealand wants to meet its just-announced post-2020 emissions reduction target.
English off on no-climate-talking tour
13 Jul 2015
Finance Minister Bill English is heading to China – but he has no plans to discuss that country’s moves into carbon trading.
We're still undecided on ETS, says minister
8 Jul 2015
The terms of reference for the review of the Emissions Trading Scheme have not yet been set, says Climate Change Minister Tim Groser.
NZ sets post 2030 target
7 Jul 2015
The Government has just announced the emissions reduction target New Zealand will take to international climate talks in Paris - 30 per cent below 2005 levels by 2030.
Large parcel of NZUs for tender
7 Jul 2015
Two hundred thousand – and potentially a million – spot NZUs have come to the market this morning.
PFSI consultation meeting today
7 Jul 2015
Public meetings to discuss changes to the Permanent Forest Sink Initiative kick off in Northland today.
Business eyes local climate coalition roundtable
6 Jul 2015
New Zealand could get its own version of Australia’s business-driven climate change coalition, say the organisers of a climate change business conference scheduled for Auckland in October.
We could still be a carbon leader, says trader
6 Jul 2015
It’s not too late for New Zealand to become an international carbon trading hub, says pioneer carbon trader Nigel Brunel.
WORLD TODAY: New coal plants most urgent threat to the planet, warns OECD head
6 Jul 2015
* Greenhouse gas blamed for climate expulsion driving temperature rises across Pacific nations * China climate pledge inadequate on efficiency, say analysts * UN tells oil giants to stop lobbying against climate deal * UK unveils help for bees with £900m stewardship scheme * Time for pollution pricing to work for the climate * New renewable energy hub launched to boost Scottish firms in Japan
Forget the courts, we must get to the politicians
29 Jun 2015
A court case ordering the Dutch Government to slash greenhouse gas emissions is ground breaking – but unlikely to be replicated in New Zealand.
ETS review remains on slow boil
29 Jun 2015
The Emissions Trading Scheme review is unlikely to start any time soon.
Busy May sees register handle 42m credits
22 Jun 2015
Forty-two million carbon credits changed hands in New Zealand last month, as emitters finalised their 2014 returns.
Business lobby presses for realistic 'carbon pathway'
15 Jun 2015
Buying carbon credits to meet New Zealand’s emissions reduction target is not sustainable, business is warning.
Leadership is what we need, say scientists
8 Jun 2015
New Zealand lacks the leadership to achieve the 40 per cent cut in greenhouse gas emissions it needs to make by 2030, the country’s top scientists are warning.
Drop free carbon credits, says environment chief
8 Jun 2015
The Parliamentary Commissioner for the Environment wants the Government to stop giving free carbon credits to high-intensity trade-exposed emitters, who, she says, could still be paying for just 5 per cent of their emissions by 2050.
Lobby group wants think tank to set emissions target
8 Jun 2015
An environmental lobby group is calling for a cross-sector working group on New Zealand’s post-2020 emissions reduction target.
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.
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.
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.
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.
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.
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.
New Zealanders losing ambition on climate change: Ipsos
Wed 20 May 2026
By Pattrick Smellie | New Zealanders’ belief that their government has a plan to combat climate change has taken another serious hit in the latest poll of 31 countries by global research firm Ipsos.
Six NZ climate solutions up for 2026 Earthshot prize
Today 11:30am
By Shannon Morris-Williams | Six New Zealand climate and sustainability initiatives have been nominated for the 2026 Earthshot Prize, with the shortlist showcasing Kiwi-led solutions tackling emissions, plastic waste and ocean restoration.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
Govt unveils long-awaited voluntary carbon market guidance
Fri 15 May 2026
By Shannon Morris-Williams | The Government has released long-awaited guidance for New Zealand’s voluntary carbon and nature markets, as questions continue for the sector despite ministers signalling support for its growth.
Biomass sector asks: where did the love go?
Mon 18 May 2026
By Pattrick Smellie | New Zealand has sufficient biomass in its plantation forests to replace natural gas for industrial process heat at lower costs than electrification, but is failing to get the attention it deserves, sector leaders say.
Carbon News updates forward curve
13 May 2026
Carbon News has updated its ten-year NZU forward curve, following a recent rise in spot market prices, with NZUs rallying from about $34 in January to nearly $54 in early May.
UN members reinforce nations' climate change obligations
Today 11:30am
The United Nations General Assembly on Wednesday adopted a resolution reinforcing states' obligations to combat climate change, a long-awaited move toned down under pressure from major greenhouse gas emitters.
Drop in ETS forestry registrations
5 May 2026
By Liz Kivi | ETS forestry registrations have dropped off this year, with the new mandatory emissions return period, new land-use rules, and carbon price volatility all meaning participants aren’t rushing to register forestry in the emissions trading scheme.
Hipkins pans LNG plan as ‘massive step backwards’
Tue 19 May 2026
By Liz Kivi | Labour leader Chris Hipkins has told a Queenstown audience that a Government he leads would not proceed with a planned LNG import terminal, if elected at November’s election.
Tairāwhiti deserves better than weakened forestry rules
5 May 2026
OPINION: The government's proposed amendments to forestry standards, released yesterday, ignore the hard lessons learned in our region and ignore the voices that have fought hardest to protect it, writes Manu Caddie.
Green building council calls for clean energy policies
Mon 18 May 2026
The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
New solar farm to boost West Coast energy security
Today 11:30am
Construction has begun on a new 13.5MW solar farm in Reefton, with developer Lightyears saying the project will help strengthen electricity security on the West Coast and support future regional growth.
Environmental groups call for ETS reform
20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
Are hailstones getting bigger due to climate change?
Today 11:30am
Scientific studies suggest that a warmer climate does not necessarily lead to more frequent hail, but rather to more severe hailstorms with larger hailstones.
EDS urges MPs to scrap the Fisheries Amendment Bill
5 May 2026
Media release | The Environmental Defence Society today lodged a substantive submission on the Fisheries Amendment Bill.
Govt presses ahead with forestry rule changes despite opposition
14 May 2026
By Shannon Morris-Williams | The Government is pushing ahead with changes to commercial forestry rules despite most submitters opposing the proposals, with critics warning the reforms will weaken councils’ ability to manage erosion and forestry slash risks in vulnerable regions such as Tairāwhiti.
Iran war pushes Portugal to halve fossil fuel use over next 10 years
Wed 20 May 2026
Lisbon fast-tracks plans after the Iran war caused oil and gas costs to soar, Energy Minister Maria da Graça Carvalho tells POLITICO.
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.”
New funding for low methane farming uptake
29 Apr 2026
By Pattrick Smellie | The government will co-fund projects under an Early Adoption Accelerator scheme announced today to accelerate the uptake of low emissions farming technologies emerging from the AgriZero public-private partnership.
NZ Govt’s move to halt climate litigation under international scrutiny
Tue 19 May 2026
By Liz Kivi | Local and international NGOs have signed an open letter calling on the Government to reconsider its decision to shield major emitters from legal liability for climate-related harm.
Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime
Fri 15 May 2026
By Hang Pham, Te Herenga Waka — Victoria University of Wellington | Most of us are familiar with the concept of greenwashing: organisations exaggerating or overstating their environmental credentials. But in New Zealand, there are signs the country’s climate disclosure regime may inadvertently be driving a very different trend: not saying much at all.
‘Formidable’ El Niño expected this winter
29 Apr 2026
By Liz Kivi | Meteorologists are anticipating a significant El Niño influence on weather patterns across the country from winter onwards, with predicted lower rainfall for some areas and heavier rain for others likely to impact multiple sectors of the economy as well as the carbon market.
Victorian Hydrogen announces Southland urea fertiliser project using coal
22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
Media round-up
24 Apr 2026
In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.
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.
Labour condemns Govt plan to stop climate litigation
Fri 15 May 2026
By Liz Kivi | The Labour Party has slammed the Government’s move to block climate lawsuits against big emitters but won’t say if they would repeal the legislation if elected in November.
GIDI-style help cheaper than LNG: MBIE
11 May 2026
By Pattrick Smellie | Officials advised ministers last July that the lowest-cost way to free up gas for use during dry winters was to assist industrial gas users to switch to electricity.
Govt missing tricks to save fuel in crisis
30 Apr 2026
By Shannon Morris-Williams | The Government is being urged to shift its response to the fuel crisis away from short-term relief and towards measures that reduce demand, with public health experts warning it is missing an opportunity to boost energy security and lower household costs.
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
Move to block lawsuits could strengthen climate case against Govt
14 May 2026
By Liz Kivi | The Government’s plan to block climate lawsuits – while potentially fatal for one groundbreaking climate case – could actually bolster claims in another live climate case underway against the Government.
‘Utterly elated’ – controversial Sams Creek gold mine application declined
Today 11:30am
By Max Frethey, Local Democracy Reporter | Campaigners are elated after the controversial gold mining application for Sams Creek in Golden Bay was declined.
Conservation land open for voluntary carbon market schemes
12 May 2026
By Pattrick Smellie | The government is to open up the Crown-owned conservation estate to private investment in voluntary carbon market projects.
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.
Pacific voice on climate at the UN
Wed 20 May 2026
A New Zealand-based researcher has told a United Nations forum that rising sea levels are already reshaping life across the Pacific and climate change is causing irreversible impacts on water supplies, food security and cultural identity.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Opposition slams environment ministry merger
13 May 2026
By Shannon Morris-Williams | Opposition MPs accused the Government of downgrading climate and environmental protections as legislation to abolish the Ministry for the Environment and merge it into a new mega-ministry passed its second reading in Parliament.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
Fri 15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
ESG funds include petrochemical companies, report finds
5 May 2026
Global banks have invested US$133bn into US petrochemical expansion, even as the industry is linked to climate change.
NZTA rejects covering $145m of Wellington public transport projects
Wed 20 May 2026
By Justin Wong, Local Democracy Reporter | More than $145 million of Wellington public transport projects - including new bus spines along the harbour quays and the redevelopment of ageing Waterloo station - never made it into the Government’s $32.9 billion national land transport plan.
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
Green Party calls for national electrification plan
20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
China widens its clean energy lead
Mon 18 May 2026
Chinese companies account for more than half of global investments in clean energy manufacturing since 2019, while new U.S. investments declined last year.
‘Landmark’ conservation reform bill – boost or bust for nature?
8 May 2026
By Liz Kivi | The Government has announced an overhaul of the country’s conservation system, which environmental organisation Forest & Bird says will undo the work of many generations of Kiwis to protect public conservation land.
Combined climate extremes may prompt carbon budget rethink
14 May 2026
Media release: Springer Nature | Combined extreme climate events are likely to become more common in the future if carbon emissions continue to rise, a paper in Nature suggests.
Media round-up
Fri 15 May 2026
In our round-up of climate coverage in local media: The government's move to change climate law removes a key protection for NZ citizens, farmers should be paid to use methane-busting tools, and it's one step forward, three steps back on environment policy.
Carbon trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
Why both trees and technology are important in the race to mitigate carbon emissions
4 May 2026
Different carbon‑removal approaches solve different problems, and pitting these technologies against each other could slow progress.
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.
UN members prepare for pivotal vote on landmark ICJ climate justice ruling
Fri 15 May 2026
If the resolution is passed, governments will recognise their legal responsibility to cut greenhouse gas emissions.
NZ First moves to revive container return scheme
4 May 2026
By Shannon Morris-Williams | NZ First is aiming to launch a national container return scheme, which could recycle over a billion wasted containers each year, reviving a policy shelved by the previous Labour-led Government in 2023.
Commission urges Govt action on climate risks
7 May 2026
By Liz Kivi | Climate change currently poses major risks to our water infrastructure with “significant gaps” in readiness to manage risks and increasing hazards, according to the Climate Change Commission.
Why is Northern Ireland facing a growing threat from wildfires?
7 May 2026
Figures show that spring drought events are happening more often while there has been a sharp rise in "fire weather" - a mix of warmth, dryness, and wind that allows fires to ignite and spread rapidly. Experts warn this combination, along with climate change, is creating a longer and more volatile wildfire season.
Human health appears unaffected by living near wind turbines
Today 11:30am
Media release: PNAS | High-resolution data collected across the United States show negligible evidence of adverse health outcomes tied to wind turbine exposure, a study finds.
