Topics tagged with 'Emissions trading'
Greens accuse Nats of breaking promises
23 Nov 2012
The National Government has broken two election promises it made to act on climate change, the Green Party says.
California dips toe in carbon market
23 Nov 2012
California has kicked off its cap-and-trade programme to reduce carbon dioxide emissions amid speculation about whether it will nose-dive or become a national model.
Market leaders grab cheap credits
23 Nov 2012
Some of the companies that have complained loudest about the EU's environmental measures are using the zone’s Emissions Trading System to give money to rivals in other countries instead of cutting their own greenhouse gas emissions, it has emerged.
Australia happy trading scheme is working
23 Nov 2012
The Australian experience since the July launch of its emissions trading scheme had proved positive, a senior diplomat has told corporate leaders meeting in Brussels.
Expect pressure on prices
23 Nov 2012
European carbon was steady overnight as the market absorbed another 4.5 million units auctioned by governments.
Plans to reduce supply in world's largest market
23 Nov 2012
International prices have traded sideways following last week’s back-loading proposal announced by the European Commission.
We've got it wrong, says market expert
16 Nov 2012
Market instruments are the only viable way of reducing the world’s greenhouse gas emissions – but the New Zealand scheme is currently failing, an international expert says.
We'd sign with Kyoto, promises Labour
16 Nov 2012
A Labour Government would sign up to the second commitment period of the Kyoto Protocol.
EU climate chief demands action
16 Nov 2012
European Union member states must reach agreement before the end of the year on a stop-gap measure to tackle the virtual collapse of the bloc’s main instrument for cutting carbon emissions, a senior EU official says.
If the world burns, we burn
16 Nov 2012
A number of comments made by the public about the Government's decision to not sign up to the second commitment period of the Kyoto Protocol appear to be made from a position of lack of understanding of the global atmosphere, including the complex processes which the atmosphere undergoes, Carbon Market Solutions says.
SOE moves into Australian carbon market
9 Nov 2012
A State-owned enterprise is registering to operate in the Australian carbon market.
Bill dumps agriculture on backburner
9 Nov 2012
Agriculture is out of the Emissions Trading Scheme indefinitely.
National MP questions the science
9 Nov 2012
A Government MP who shouted “where’s the science?” during the debate on changes to the Emissions Trading Scheme this week says he’s no climate-change denier.
World trading system on way, says expert
9 Nov 2012
A global platform for carbon trading might be in place this decade, an official at one of the world's major environmental think tanks said.
Carbon hovers above historic lows
9 Nov 2012
Very little changed in the European carbon market last night,OMFinancial reports.
Forget today, think carbon 30 years out
2 Nov 2012
Today’s low carbon prices are not an incentive for investment in low-carbon technology, the Government has acknowledged.
Govt eyes better planting policies
2 Nov 2012
The Government is looking for new policies to encourage afforestation.
EU cans plans to limit ‘hot air’ credits
2 Nov 2012
EU environment ministers have abandoned plans to limit excess supply of Kyoto-era carbon credits on the world’s markets after seven eastern European states backed Poland’s opposition to the measure.
ETS changes get through House ... just
26 Oct 2012
Controversial changes to the Emissions Trading Scheme passed their second reading in Parliament yesterday by the slimmest of majorities.
Price flop not a good look, admits Smith
26 Oct 2012
Former Climate Change Minister Nick Smith admits that low carbon prices are sending “weak” market signals to emitters and foresters.
Dunne seems deaf to foresters' pleas
26 Oct 2012
The forestry industry is focusing its lobbying attention on United Future’s Peter Dunne to try to stop changes to the Emissions Trading Scheme which they say will stop planting in its tracks.
Maori vow to fight for ETS rights
26 Oct 2012
Maori say they will continue to fight damaging changes to the Emissions Trading Scheme even if they are passed by Parliament.
Cheap price to pay, says Labour
26 Oct 2012
Bringing farmers into the Emissions Trading Scheme would cost them less than $100 a year each on current prices, Labour says.
ETS protesters bring out the chainsaws
26 Oct 2012
Youth organisation Generation Zero held a mock chainsaw massacre outside Parliament yesterday to protest about changes to the Emissions Trading Scheme going through the House.
Brussels wants to ban $500m in ERU credits
26 Oct 2012
The European Commission has proposed an Emissions Trading System ban on $US570 million of Kyoto-era carbon credits from non-EU countries such as Russia, which have not signed up to a second Kyoto commitment period.
Europe on track to meet Kyoto targets
26 Oct 2012
Emissions of greenhouse gases in the European Union fell on average by 2.5 per cent from 2010 to 2011, although several countries increased emissions.
Traders fight over-supply in Europe
26 Oct 2012
International carbon traders are continuing to push for action on over-supply in Europe.
Carbon not quite a cot case yet
26 Oct 2012
The Emissions Trading Scheme has been described recently as comatose and on a stretcher, says Carbon Market Solutions.
Govt has numbers to pass ETS changes
19 Oct 2012
The Government has the numbers it needs to pass controversial changes to the Emissions Trading Scheme.
Groser: We'll check out status of units
19 Oct 2012
The Government says it will look at the eligibility of some international units under New Zealand’s Emissions Trading Scheme.
ETS 'disappointing and costly' decision
19 Oct 2012
The failure to fix the Emissions Trading Scheme Amendment Bill before its third reading is a disappointing and costly decision, says the Parliamentary Commissioner for the Environment Dr Jan Wright.
Minister bound for green Korea
19 Oct 2012
Climate Change Minister Tim Groser is bound for South Korea, a country that is pegging its future on green growth.
Traders call for intervention in Europe
19 Oct 2012
International carbon traders are calling for market intervention in Europe – including cancelling next year’s market auction of credits.
Why is our approach so different?
12 Oct 2012
There's more bearishness out of Europe over the price of UN offsets, despite some analysts revising their expected forecasts for European Union Allowances upwards, CARBON MATCH says.
Why China is no longer the scapegoat
12 Oct 2012
China has long been perceived as a laggard on climate action, and used as scapegoat by other countries to delay action, says a new report.
Greens praise Aussie ETS changes
12 Oct 2012
The Australian Greens have been quick to praise the passage of a package of bills linking the country’s emissions trading scheme to the price in Europe.
ETS changes go under scrutiny
5 Oct 2012
Changes to the Emissions Trading Scheme are now being debated by Parliament’s Finance and Expenditure Select Committee.
Brussels to monitor shipping emissions
5 Oct 2012
The European Commission will introduce an emissions monitoring system in early 2013, in a bid to curb the environmental footprint left by the shipping industry.
Which way will landowners go?
5 Oct 2012
In 2008, when the Emission Trading Scheme legislation was passed, a lot of attention was focused on those forest owners who still intended to change land use from forest to agriculture, Carbon Market Solutions says.
Market weakens on news of February vote in EU ETS
5 Oct 2012
European carbon prices started the week in a consolidation mode, before getting hit pretty hard overnight on Tuesday, Westpac says.
Worried forest owners urge Key to act
28 Sep 2012
The heads of eight major forestry companies have asked the Prime Minister to intervene directly over the flow of cheap foreign carbon credits into New Zealand.
Government lying to us, says forester
28 Sep 2012
The Government is being accused of lying to New Zealanders over plans to encourage afforesation as a means of reducing greenhouse gas levels.
EDITORIAL: The problem called John Banks
28 Sep 2012
The Government may be weakening in its opposition to restricting the number of international carbon units allowed into New Zealand.
Think carrot ... not stick
28 Sep 2012
Carbon Match founder LIZZIE CHAMBERS says we need to think about how the carbon market can drive innovation - and artifically low carbon prices are not the answer.
Why Romney in the White House scares Europe
28 Sep 2012
European Union officials are privately alarmed at the chilling effect that a Mitt Romney win in the US presidential election could have on global climate talks, says the EurActiv agency.
The case for UN offsets
28 Sep 2012
For the record, OMFinancial is not against having UN offsets in New Zealand's Emissions Trading Scheme, the brokerage says.
Prices stage a rally ... of sorts
28 Sep 2012
Despite carbon prices remaining at extreme low levels, the overall market has seen a rally of sorts, Westpac reports.
Maori leaders want cheap credits blocked
21 Sep 2012
The influential Climate Change Iwi Leaders Group is pressuring the Government to cut the flow of cheap international carbon credits into New Zealand.
Is ETS a scheme or a scam, ask Greens
21 Sep 2012
New Zealand's emissions trading scheme could be renamed the emissions trading scam, Parliament has heard.
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.
