Topics tagged with 'Emissions trading'
NZ eyes move to natural capital cost
2 Aug 2013
Government officials are working on ways to bring in policies recognising the economic value of New Zealand natural capital.
Climate action long overdue, says Labour
2 Aug 2013
The Labour Party says that a report by the Prime Minister’s Chief Science Adviser, Sir Peter Gluckman, must surely trigger some Government action to try to mitigate the effects of climate change.
EUAs hit three-week high
26 Jul 2013
European carbon prices are firmer across the board this week, with Dec13 EUAs, ERUs and CERs all stronger, Westpac reports.
Australia makes early move to carbon trading
19 Jul 2013
Australian households will benefit from an average $380 reduction in the cost of living next financial year after the country moves to a floating price on carbon emissions, the Rudd Government says.
Business backs shift to emissions scheme
19 Jul 2013
A significant section of business prefers an emissions trading scheme to a fixed carbon tax to cut Australia's greenhouse gases, a survey has found.
Australia agrees to help China with ETS
12 Jul 2013
Australia will help China to set up an emissions trading scheme.
Nation is green-obsessed, says farming chief
5 Jul 2013
New Zealand is obsessed with its clean, green image and our bureaucrats have an “unhealthy obsession” with nitrates, says Federated Farmers dairying boss Willy Leferink.
Parliament votes yes to backloading
5 Jul 2013
The European Parliament has voted to approve a “backloading” plan to reduce the glut of unsold carbon allowances in the EU’s Emissions Trading System.
Traders welcome European vote
5 Jul 2013
News of the backloading breakthrough is being welcomed by the world’s carbon traders.
Rudd aims to redraw carbon reduction plans
28 Jun 2013
Recycled Australian Prime Minister Kevin Rudd is rumoured to be revisiting Australia’s carbon reduction scheme.
Obama shows up NZ, say young greens
28 Jun 2013
President Obama's announcement of a United States climate plan will test whether the National Government is still at all serious about its claimed "fast follower" approach to climate change, say some of the country’s youth leaders.
Big news from the US, Australia
28 Jun 2013
There have been significant policy developments over the past week in the global emissions arena, Westpac reports.
Deadline looms for forest owners
21 Jun 2013
Forest owners have just over a week to file returns for the first commitment period of the Kyoto Protocol.
Yes, we can make steel without coal
21 Jun 2013
Our ancestors made steel without coal, so why don't we? Former Green Party co-leader JEANETTE FITZSIMONS examines the feasibility of coal-less steel:
Rivals in race to market long-haul jets
21 Jun 2013
Aviation superpowers Airbus and Boeing are battling to dominate the transcontinental jet market, each vowing to outdo the other in delivering quieter, more fuel-efficient aircraft.
Dunne decider on thermal power future
14 Jun 2013
Beleaguered MP Peter Dunne could be called on to cast the deciding vote over whether new thermal electricity generation is banned or not.
Farming in ETS is madness, says Groser
14 Jun 2013
Bringing agriculture into the Emissions Trading Scheme would be "environmental and economic madness”, says Climate Change Minister Tim Groser.
China set to roll out trading scheme
14 Jun 2013
China next week will launch an emissions trading scheme in the southern city of Shenzhen, marking its first attempt to cut emissions using market mechanisms.
Is there something we haven't been told?
14 Jun 2013
Carbon Market Solutions asks as to consider a situation now confronting many forest owners who opted into the Emissions Trading Scheme:
Profit-taking comes as no surprise
14 Jun 2013
European carbon corrected overnight, with EUAs for December 2013 delivery closing down 9 cents to €4.41, OMFinancial reports.
Scrap carbon price cap, OECD tells NZ
7 Jun 2013
The carbon price cap and free carbon credits for trade-exposed emitters should be scrapped, the OECD is telling New Zealand.
House hears ETS 'far left' debate
7 Jun 2013
This week’s OECD Economic Report on New Zealand sparked an exchange in Parliament over whether the Emissions Trading Scheme is a “far left” policy.
Airlines act to prevent emissions talks collapse
7 Jun 2013
A proposal agreed to this week by major airlines could rescue United Nations efforts for a deal to cut greenhouse gas emissions in the aviation sector, observers say.
Trading groups make carbon market pact
31 May 2013
Global emissions trading organisation, the International Emissions Trading Association and Australia’s industry body for carbon market professionals, the Carbon Market Institute, have announced a strategic alliance.
Govt vow ‘huge news’ for foresters
24 May 2013
The Government says it is committed to the Permanent Forest Sinks Initiative.
Govt banks on low, low carbon price
24 May 2013
The Government is budgeting on a carbon price of just 24 cents a tonne for the foreseeable future.
EU set to turn climate agenda upside down
24 May 2013
Europe’s plan to decarbonise its economy by 2050 could be turned on its head at a high-level meeting today.
Free credit cash takes a cut
17 May 2013
The Government has almost halved the amount of money it sets aside to pay for free carbon credits it gives to industry.
Yes, NZ is in the carbon trading club
17 May 2013
New Zealand is contributing to the development of international carbon-trading markets, the Government says.
Korea eyes ambitious carbon scheme
17 May 2013
South Korea is preparing to introduce the world's most ambitious emissions trading scheme, potentially paving the way for carbon costs as high as $90 a tonne for many of the country's key industries.
China holds key to cleaner skies
17 May 2013
It’s time for China to adopt tighter laws and more regional efforts to fight air pollution through market mechanisms such as the carbon trading system, says an American expert.
Power sector warns of costly 'lost decade'
17 May 2013
Europe faces a ‘lost decade’ of climate and energy policy inaction between 2020-2030, says a new report.
Carbon trading tax cut put on hold
10 May 2013
A 2015 tax cut in Australia associated with the carbon trading scheme will not go ahead because of the drop in the carbon price in Europe.
Power switch will cut emissions, says solar chief
3 May 2013
Exposing domestic electricity consumers to the spot market would lead to substantial cuts to greenhouse gas emissions, the Solar Energy Association says.
Worries deepen over future of ETS
26 Apr 2013
Deep uncertainty remains over the future of the Emissions Trading Scheme, according to a revealing survey of ETS participants.
IT’S OFFICIAL: Forests make way for dairying
19 Apr 2013
Government figures have confirmed what the carbon market has known for months – forests are being cleared and converted to dairy farms on the back of rock-bottom carbon prices.
Europe rejects ETS reform proposal
19 Apr 2013
The European Union’s flagship scheme for cutting carbon emissions suffered one of the most serious setbacks in its chequered history this week when members (MEPs) voted against a proposal to shore up the price of carbon in the Emissions Trading System.
Carbon returns build to June cut-off
12 Apr 2013
Nearly a third of post-1989-forest owners have filed carbon returns for last year.
China outlines carbon trading road map
28 Mar 2013
China has laid out an ambitious road map to reduce emissions by 40-45 per cent by 2020, including the world’s largest national carbon trading scheme.
NZUs look good as carbon prices rise
22 Mar 2013
Carbon has started edging up, prompting traders to recommend buying NZUs.
Carry-over of Kyoto units not what’s wanted
22 Mar 2013
The first commitment period of the Kyoto Protocol ended on December 31.
Japan might re-open carbon discussion
15 Mar 2013
Japan might revive discussions regarding a carbon market to effectively reduce pollution levels after elections for the Upper House of parliament in July.
Price steady after overnight spike
15 Mar 2013
After a lack of support throughout the week, the December 2013 EUA - touching lows of €3.45 overnight - spiked up to €4.23 before settling at €3.70.
NZU supply tight
15 Mar 2013
NZU trading remains sporadic, as switching flow dictates price action, says Westpac.
Europe eyes ambitious restructure
8 Mar 2013
Five weeks after voting down the ‘backloading’ (or withholding) of allowances to raise carbon prices, the European Parliament’s industry committee is proposing two far-more ambitious structural measures.
Steel mill, smelter top free credits list
1 Mar 2013
The Glenbrook steel mill and the Bluff aluminium smelter were the big winners in last year’s hand-out of free carbon credits to industrial emitters.
Meet the ETS winners ... and losers
1 Mar 2013
Depressed, depressed, and depressed sounds like a state of mind, and for some it could well be, but indications are that the erosion of the Emission Trading Scheme as a cost effective mechanism for reducing and abating greenhouse gas emissions is real and spreading across the planet.
NZ drops in global climate rankings as govt 'propels country backwards'
Wed 19 Nov 2025
By Shannon Morris-Williams | New Zealand has fallen to 44th place in global climate rankings, with the country’s climate policy rated “very low” amid widespread rollbacks of environmental protections.
Govt rejects CCC’s advice on net-negative 2050 but makes no official announcement
Thu 20 Nov 2025
By Liz Kivi | The Government has rejected the Climate Change Commission’s advice to strengthen the country’s net zero 2050 target, but appears to have buried the news with its announcement about methane targets last month.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
NZ’s shameful new role as ‘international climate pariah’
13 Nov 2025
OPINION: New Zealand has ratcheted up its climate backsliding in the past month – losing any shred of climate credibility we once had and showing the world we’re giving up on a net zero future, writes Kayla Kingdon-Bebb.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
Govt’s rejection of CCC’s advice on climate targets undermines independent watchdog’s role, says opposition
Today 10:30am
By Liz Kivi | The Government’s latest dismissal of Climate Change Commission advice shows they have their heads in the sand about the reality of meeting climate targets, according to the Labour Party, while the Greens say Government decisions were an embarrassment on the world stage at COP30 this week.
COP30 climate talks evacuated after fire breaks out
Today 10:30am
The UN climate talks COP30 have been evacuated due to a fire breaking out inside the venue in Belém, Brazil.
Mounting emissions due to Government decisions
Thu 20 Nov 2025
By Liz Kivi | The Coalition Government’s climate policies have added a whopping 26 million tonnes of emissions out to 2030, according to new analysis of Government projections.
Act-NZ First split over future of the energy sector
14 Nov 2025
Act leader David Seymour has set out an energy policy platform that diverges sharply from coalition partner NZ First, arguing New Zealand must accept coal-fired backup generation, consider nuclear power, remove political interference from the electricity sector and sell down the government’s majority stakes in the gentailers.
'Little to be hopeful about' – NZ scientists caution ahead of COP30
31 Oct 2025
By Shannon Morris-Williams | Record heat, worsening climate impacts and global backsliding on emission reduction commitments have left some New Zealand climate experts with little optimism as COP30 approaches.
$235 billion worth of NZ buildings exposed to flooding
30 Oct 2025
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
Turkey set to host COP31 after reaching compromise with Australia
Today 10:30am
The COP31 climate meeting is now expected to be held in Turkey after Australia dropped its bid to host the annual event.
NZ’s energy system at a crossroads – report
Today 10:30am
A new report says New Zealand’s rapid shift toward a 95% renewable electricity system is at a critical turning point, urging faster consenting, stronger firming solutions and better grid planning.
DOC trims costs and winds down jobs for nature
10 Nov 2025
The Department of Conservation (DOC) is entering a new phase of tighter budgets and structural change as it winds down the pandemic-era Jobs for Nature programme and reshapes its operations to absorb long-term cost pressures.
Insurers welcome govt decision to keep NHC levy unchanged
Today 10:30am
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Foresters warn ETS reforms could fell innovation
Mon 17 Nov 2025
By Shannon Morris-Williams | Elizabeth Heeg, chief executive officer for the Forest Owners Association, says forestry must not be stripped from the Emissions Trading Scheme, arguing that carbon income underpins forest management and rural resilience.
The hidden dangers in Canada’s oil and gas ambitions
Tue 18 Nov 2025
Premier of Alberta Danielle Smith thinks global demand for oil will grow to 2050, perhaps beyond, and the Alberta industry will be viable for a hundred years.
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.”
Oxfam urges NZ to renew climate funding as Pacific projects face closure
12 Nov 2025
By Shannon Morris-Williams | Oxfam Aotearoa is calling on the Government to urgently renew New Zealand’s climate finance commitments, warning that vital projects supporting Pacific communities’ resilience are running out of funding.
‘We must keep 1.5 alive’ – Minister’s statement to climate summit
Wed 19 Nov 2025
By Liz Kivi | Climate Change Minister Simon Watts has delivered New Zealand’s National Statement to this year’s United Nations climate summit, affirming the country’s commitment to international climate targets and saying “we must keep 1.5 alive.”
TotalEnergies loses in Paris court, marking a turning point for fossil fuel truth-in-advertising
5 Nov 2025
TotalEnergies was found to have misled consumers about its role in the energy transition.
Lake Onslow battery project set for revival?
29 Oct 2025
A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
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.
Ministers urge decisive methane action as global report shows progress, warns of gaps
Wed 19 Nov 2025
Media release: UN Environment Programme | The Global Methane Status Report, launched on the sidelines of COP30 in Belém, shows that while considerable progress has been made since the launch of the Global Methane Pledge in 2021, more work is required to align with the level of ambition and action needed to meet the Pledge.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
A landmark court ruling looms over US absence at COP30
Thu 20 Nov 2025
The historic climate change advisory opinion from the International Court of Justice suggests the United States is violating international law on climate, legal experts say.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
Greens put miners ‘on notice’, pledge to revoke fast-track approvals
Tue 18 Nov 2025
By Shannon Morris-Williams | The Greens have pledged to revoke fast-track consents for coal, hard-rock gold, and seabed mining projects if elected to government next year.
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.
A crucial system of ocean currents may be on course to collapse. This country just declared it a national security threat
Mon 17 Nov 2025
As evidence mounts these currents could be on course for collapse, Iceland’s government has made the unusual move of designating the risk a national security threat.
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
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.
Trump’s anti-climate agenda could result in 1.3m more deaths globally, analysis finds
Today 10:30am
Fallout from increased emissions linked to president’s ‘America First’ policies expected to most affect those in poor, hot countries.
Thousands march outside COP30 summit in call for action
Tue 18 Nov 2025
Marching to the beat of pounding sound systems, thousands of climate protesters have been bringing their message to the gates of the COP30 climate talks in Brazil.
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.
New partnership to fast-track grid connections for major renewable and storage projects
Today 10:30am
Powerco Transmission Services (PTS) has signed a new agreement with Kākāriki Renewables to streamline delivering large-scale wind, solar, and battery projects across New Zealand, in a move intended to accelerate the country’s transition to a low-emissions energy system.
Building resilient cities in a time of climate change
13 Nov 2025
Media release: Otago University | Local and international experts are meeting in Wellington this month to share their knowledge on creating healthier, more resilient cities in the face of the challenges posed by climate change.
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.
Artificial intelligence sparks debate at COP30 climate talks in Brazil
Thu 20 Nov 2025
At the U.N. climate talks in Brazil, artificial intelligence is being cast as both a hero worthy of praise and a villain that needs policing.
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.
New carbon calculator helps Kiwirail customers make sustainable choices
Today 10:30am
Media release | KiwiRail has launched a carbon calculator to meet increasing demand from customers wanting to compare carbon emissions from rail, road and air.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
Climate impacts hit NZ with increasing wild weather
23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
‘It felt bloody awful’: Hope rises from Tongariro’s wildfire ashes
Today 10:30am
By Moana Ellis, Local Democracy Reporter | A devastating wildfire scorched 3000 hectares of Tongariro National Park, but as recovery gets underway, conservation leaders say the blackened landscape could offer a rare chance for large-scale native regeneration. Local Democracy's Moana Ellis reports.
Southland windfarm plan moves through Fast Track process
Wed 19 Nov 2025
By Matthew Rosenberg, Local Democracy Reporter | A $1.1 billion Southland windfarm proposal has reared its head at a regional council after facing rejection earlier this year.
