Topics tagged with 'Emissions trading'
Europe gives airlines a break
1 Mar 2013
European Union lawmakers have backed a Commission plan to suspend for a year a law that would make all airlines using EU airports pay for their carbon emissions.
Brussels abuzz as carbon vote falters
1 Mar 2013
A planned European Parliament vote on fast-tracking negotiations with EU states over carbon market reform was inexplicably cancelled as rumours and counter-rumours swirled around Brussels
California credits surpass reserve price
1 Mar 2013
All of the nearly 13 million 2013 carbon credits sold at auction in California this week at above-reserve prices.
Forests emissions returns due soon
22 Feb 2013
Emissions returned for 2012 have been filed for nearly a fifth of post 1989-forests registered under the Emissions Trading Scheme.
Question for PM: UN is serious, are you?
22 Feb 2013
Green Party MP Kennedy Graham told Parliament this week that the United Nations Security Council is starting to consider climate change a serious risk.
European Parliament votes for backloading
22 Feb 2013
Lawmakers on the European Parliament’s environment committee voted by 38-25 in favour of an amendment in support of the EU’s ‘backloading’ plans for the Emissions Trading System, throwing a lifeline to the crisis-hit carbon market.
Can't get NZUs 'for love nor money'
22 Feb 2013
As it sits right now, you can surrender CP1 UN offsets for the next three emission years counting 2012, 2013 and 2014.
NZ carbon in race to the bottom
15 Feb 2013
As the prices of UN carbon offsets fall to new lows, the New Zealand ETS is increasingly struggling for relevance, writes Carbon Match founder Lizzie Chambers.
US stand puts Abbot on the spot
15 Feb 2013
The Australian Labor Party is using US President Barack Obama’s tough new line on climate change to launch an offensive against Opposition Leader Tony Abbot.
EPA updates trading platform
15 Feb 2013
The Environmental Protection Authority is updating the emissions trading platform.
Companies in court over cost of ETS
8 Feb 2013
By PATTRICK SMELLIE. South Island mining company OceanaGold Corp is refusing to pay for diesel it bought from Z Energy, which charged for the fuel based on a higher cost of the Emissions Trading Scheme than the New Zealand-owned company actually pays.
Gas research centre gets more funding
8 Feb 2013
The Pastoral Greenhouse Gas Research Consortium has secured funding from the agriculture sector and the Ministry of Business, Innovation and Employment to continue research to find tools for mitigating greenhouse gases.
Dirty vans might be running out of road
8 Feb 2013
A coalition of three small business associations has issued a call for tougher fuel economy standards to be imposed on Europe’s fume-chugging light commercial vehicles.
We've become small-scale and stand-alone
8 Feb 2013
A mere 12-to-24 months ago, many in the carbon business in New Zealand believed the chances of synergising the New Zealand carbon markets with other markets, such as the emerging Australian carbon market, were good, Carbon Market Solutions says.
Key's climate change answers anger Greens
1 Feb 2013
Prime Minister John Key was challenged in Parliament this week over why he didn’t mention climate change in his outline of Government priorities for the year.
EU credits could be junk, says power chief
1 Feb 2013
Europe is staring at a ‘lost decade’ that will make decarbonisation impossible and reduce carbon credits to the value of ‘junk bonds’ unless politicians back a carbon market reform package, says the head of Europe’s electricity industry association.
Why you should give up red meat, not flying
1 Feb 2013
People who want to have an effect on climate change would be better to give up red meat and changing lightbulbs than to stop taking flights, says a new study.
It's not all bad news from Europe
1 Feb 2013
European carbon markets trundled along sideways during their first session of the week, as no major change was recorded in spot CERs and ERUs, OMFinancial reports.
Marketing getting news-fatigue
1 Feb 2013
International prices fell sharply last night as news headlines continue to dictate the mood of the European carbon markets, Westpac reports.
ETS foe pays million-dollar carbon premium
25 Jan 2013
A company ideologically opposed to the Emissions Trading Scheme is thought to have paid $1.4 million more than it needed to to meet its carbon obligations last year.
Market reels as European carbon plummets
25 Jan 2013
International traders are dismayed at a spectacular price crash today that left the world’s biggest carbon market in disarray.
Low prices way out for pre-90 foresters
25 Jan 2013
Record-low carbon prices could see hundreds of thousands of hectares of pre-1990 plantation forest cleared or converted to post-1989 forest.
Second tranche units make an appearance
25 Jan 2013
Units from the second tranche of the pre-1990 forests allocation are starting to trickle into the market.
Airlines use ETS costs to pocket millions
25 Jan 2013
Airlines profited up to 1.36 billion euros last year by passing “imaginary” costs from the European Union Emissions Trading System on to consumers, says a new study.
Big industry claims policies unfair
25 Jan 2013
Heavy industries claim to be unfairly hit by rising energy prices caused by the EU's climate policies.
EU begins work on Australian link
25 Jan 2013
The European Commission has begun negotiations on linking the EU emissions trading system with Australia's domestic trading system.
Market plunge gets the tongues wagging
25 Jan 2013
The major talking points this week are the massive market plunge in an already-volatile market which has been stirred up by rumour and political uncertainty, says John Davis of CF Partners in London.
New low for European carbon
25 Jan 2013
It hasn’t been a good month for European carbon prices, with EUAs plunging from around EUR6.75 at the beginning of January to a record low of EUR2.81 for the Dec13 EUA contract overnight.
Profit-rich foresters might quit ETS
18 Jan 2013
Forest owners who have made a tidy profit by selling carbon high and buying low are now looking to quit the Emissions Trading Scheme.
Emitters turn backs on local credits
18 Jan 2013
Domestic carbon credits are no longer the unit of choice in the New Zealand carbon market.
Forest returns dragging the chain
18 Jan 2013
The sluggishness of the carbon market appears to be reflected in this year’s post-1989 forest carbon returns.
Industrial gas CERs join ban list
18 Jan 2013
The Government is banning indutrial gas CERs rom New Zealand’s Emissions Trading Scheme because of concerns over their environmental integrity.
China could lead world in carbon trading
18 Jan 2013
Pilot schemes to be launched in China this year could be the start of a world-class system - if the country can solve its data-gathering problems.
So, what exactly is going on in Europe?
18 Jan 2013
Despite its green credentials, Europe has ramped up its consumption of coal.
Countries in trouble over green buildings
18 Jan 2013
More than 70 per cent of European Union states could face court action over defiance of building efficiency measures which are slated to account for up to a quarter of the EU’s planned energy savings by 2020.
Dull year behind us, flat year ahead
18 Jan 2013
The past 12 months have seen little domestic activity in terms of NZU purchasing to meet obligations under the ETS.
European prices remain low
18 Jan 2013
Poor German economic data kept European carbon prices trundling along on their lows last night, OMFinancial reports.
NZ carbon stand wrong, says Kyoto expert
14 Dec 2012
New Zealand’s political determination to maintain access to carbon at international prices is a mistake, says our most seasoned Kyoto negotiator.
Govt takes 'hard look' at green economy
14 Dec 2012
The Government has set out is plans for developing a green economy in New Zealand.
Doha votes to bar NZ from KP2 credits
14 Dec 2012
New Zealand will not be allowed access to international carbon credits generated under the second commitment period of the Kyoto Protocol.
What's our market worth?
14 Dec 2012
Carbon Match founder Lizzie Chambers reflects on the fallout from the COP18 meeting
ETS progress? You're better off going fishing
14 Dec 2012
By WAYNE KING, Carbon Market Solutions. Now that the climate talks are completed in Doha, and before the Christmas break and the New Year, can we take stock and feel optimistic about agreed international action to halt global warming and the impacts of anthropogenic climate change?
The market waits...
14 Dec 2012
It was a mixed session overnight, with EUAs & ERUs down but CERs up, OMFinancial reports.
China eyes nationwide emission trading
7 Dec 2012
China hopes to extend its pilot carbon emission trading system to across the nation in its new five- year plan starting 2016, a member of the Chinese delegation to the Doha climate talks said yesterday.
Energy savings only way left, says economist
7 Dec 2012
Energy savings are one of the “few valuable options” left for humankind to reduce carbon dioxide emissions, says the chief economist of the International Energy Agency.
Australian ETS links up with the world
30 Nov 2012
Legislation passed by Senate this week will enable Australia and Europe to begin linking their emissions trading systems.
Dodgy Doha poor place for climate talks
30 Nov 2012
As world leaders gather in Doha for the COP 18 climate change talks, Wayne King, a veteran of COP 1, reflects on progress to date.
Time running out for ERUs submissions
23 Nov 2012
Submissions on plans to ban some international units from the New Zealand Emissions Trading Scheme close next week.
Trader steps into Australian market
23 Nov 2012
New Zealand trading house OMFinancial is moving into Australia.
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.
