Topics tagged with 'Emissions trading'
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.
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.
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
Thu 21 May 2026
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
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
Thu 21 May 2026
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
Thu 21 May 2026
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?
Thu 21 May 2026
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
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
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
Thu 21 May 2026
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
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
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
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
Thu 21 May 2026
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.
