Topics tagged with 'Emissions trading'
ETS impact report out today
3 Aug 2012
Latest figures on the impact of the Emissions Trading Scheme will be out today.
A good word to use is languish ...
3 Aug 2012
Do we really want to know what is going on with the carbon markets in Europe and elsewhere, Carbon Market Solutions asks.
New lows for European carbon
3 Aug 2012
European carbon allowances fell further early this week following the release from the European Commission on its proposed changes to the EU ETS on the 25th July, Westpac reports.
Europe to try twin-track fix for market
27 Jul 2012
The European Commission has announced a twin-track approach to fixing Europe’s depressed carbon market with a short-term ‘backloading’ of carbon allowances, to be followed by proposals for long-term structural change before the end of the year.
Korea waters down carbon trading plan
27 Jul 2012
The South Korean government has unveiled a detailed plan for its emissions trading scheme, apparently seeking a smooth start of the programme in light of persistent fears from industries about increased environmental costs.
Switch NZUS for ERUs
27 Jul 2012
Carbon was defensive early, but finished with underlying strength and momentum after ECB President Mario Draghi pledged to do whatever it takes to support the Euro, OMFinancial says.
Foresters might swap carbon for cows
20 Jul 2012
Tumbling carbon prices could trigger the conversion of large tracts of forest into dairy farms, the forestry industry is warning.
ETS a Clayton's scheme, says forester
20 Jul 2012
New Zealand’s Emissions Trading Scheme is now a Clayton’s scheme, says the man who spent five years fighting for carbon credits for forest owners.
Papers show support for credits cut
13 Jul 2012
Most people making submissions on changes to the Emissions Trading Scheme supported Government plans to restrict the use of international carbon credits in New Zealand, Cabinet papers show.
Huntly key to free credit allocations
13 Jul 2012
Trade-exposed emitters might find themselves entitled to more free credits if changes to the electricity allocation factor go ahead.
Labour vows to protect carbon price
6 Jul 2012
Labour says it will push for measures to protect the domestic carbon price.
What about us, ask forest owners
6 Jul 2012
Forest owners say the Government appears to be unconcerned about the tide of European carbon credits flooding on to the New Zealand market.
Emitters choose to pay $2.5 million
6 Jul 2012
Some New Zealand emitters chose to pay the Government $25 per tonne of emissions rather than use cheap carbon credits to meet their obligations.
ETS inaction puts focus on transport
6 Jul 2012
The Government will need to use regulations or incentives to cut emissions from the transport sector if it is serious about reducing this country’s emissions levels, an expert in public policy says.
Trading pioneer waits and watches
6 Jul 2012
Thomas Song used to be a great fan of the Emissions Trading Scheme.
Carbon forestry in hibernation
6 Jul 2012
The announcement from Government on the review undertaken in 2011 on the Emissions Trading Scheme will provide a continuation of the status quo for the next two years, and reveals fundamentally good sense, given current economic conditions, but also dismisses perhaps a good opportunity to prove to the rest of the world that New Zealand Inc could have been enhanced upon a shift toward a low-carbon high-primary-production future, Carbon Market Solutions says.
EPA must report today on carbon
29 Jun 2012
Details about the past year’s carbon trading activities in New Zealand will be available later today.
Greens probe fossil-fuel subsidies
22 Jun 2012
The Government is being accused of undermining its own policy to cut fossil-fuel subsidies, by encouraging oil exploration and giving free carbon credits to internationally exposed emitters.
Gang behind carbon racket gets jail
22 Jun 2012
The gang behind a $60m scam in the European Union emissions market has been jailed for a total of 35 years by a judge in London.
Joyce slams businessmen's report
15 Jun 2012
Economic Development Minister Stephen Joyce says the Pure Advantage business group is just looking for subsidies for businesses it likes.
EDITORIAL: Our leaders should be in Rio
15 Jun 2012
Twenty-five years ago, the world was urged to adopt sustainable development.
Three years ... and not much has changed
15 Jun 2012
Last year, we said that one of the critical features for a mature carbon market to develop was the issue of transparency, meaning that when we have liquidity and transparency, we can say quietly and confidently that the carbon markets in New Zealand are functioning well for all stakeholders.
All quiet on the carbon front
15 Jun 2012
It’s been another quiet week on the NZU front, with prices spending most of the week around the $6 mark, Westpac reports.
Government on trail of cheap credits
8 Jun 2012
The Government is trying to find out just what impact an inflow of cheap international carbon credits is having on New Zealand’s balance of payments.
EU-China carbon talks get serious
8 Jun 2012
Meetings between EU and Chinese officials aimed at helping Beijing to draft plans for its own carbon emissions market are “increasing in intensity,” says the union’s chief climate negotiator, Artur Runge-Metzger.
Arbitrage back on the table
8 Jun 2012
The Chinese cut rates by 25 basis points - and that’s not a good sign, OMFinancial reports
Carbon takes a dip, but recovers
8 Jun 2012
NZUs have spent this week trading above NZD6.00 following a brief dip to NZD5.90 in the surrender week, Westpac reports.
Emitters get the job done early
1 Jun 2012
Yesterday was surrender day – but there was little last-minute carbon shopping by the country’s emitters.
Growing market meets carbon challenges
1 Jun 2012
The total value of the carbon market grew by 11 per cent in 2011, to $176 billion, and transaction volumes reached a new high of 10.3 billion tonnes of carbon dioxide equivalent, says a new World Bank report.
New low for NZUs, despite surrender date
1 Jun 2012
The much-talked-about final surrender date of May 31 came and went with little fanfare within the local market, Westpac says.
ETS cash cow has lost its moo
25 May 2012
The Emissions Trading Scheme has turned from a cash cow into a financial liability in a few short months.
Forget Australia, says business lobby
25 May 2012
New Zealand should assume its Emissions Trading Scheme will not be linked with Australia’s, says BusinessNZ.
It's all down to the Greeks
25 May 2012
Despite negative data last night in Europe - German IFO business sentiment falling to six month low, eurozone flash PMI 45.9 vs. 46.7 in April and UK recession deepening with Q1 GDP revised to -0.3 per cent - carbon managed to rebound on a stronger energy complex and finish the day firm, OMFinancial reports.
Carbon low brings halt to forest planting
18 May 2012
Forest planting – crucial to New Zealand’s emissions-reduction plans – has all but stopped in the face of record-low carbon prices.
Last-minute submissions flood ministry
18 May 2012
The Ministry for the Environment has been swamped with last-minute submissions on changes to the Emissions Trading Scheme.
EU airline cash could go to climate fund
18 May 2012
European Union nations should pledge that funds from paying for airline emissions will help poor countries to deal with global warming, the bloc's climate chief said this week.
Europe ETS to spare some industries
18 May 2012
The European Commission has drawn up a draft list of 14 industrial sectors that will be eligible for special state aid to compensate for the increased cost of electricity due to the European Emission Trading Scheme.
NZ facing the KP2 question
18 May 2012
At the Durban climate change talks last year, Japan, Canada and Russia announced that they would not sign up to Kyoto Protocol 2.
Window for switching credits closing fast'
18 May 2012
NZU prices have remained on their recent lows over the week, Westpac reports.
Forest credits must find place in Asia
11 May 2012
New Zealand is moving to secure access to emerging Asian carbon markets.
Rural poor might be let off the hook
11 May 2012
Poor rural areas might soon be exempt from having to deal with the greenhouse gas emissions of their rubbish.
ETS changing forestry, says minister
11 May 2012
The Emissions Trading Scheme is shifting New Zealand towards renewable energy and investment in forestry, the Government says.
Time running out for ETS submissions
11 May 2012
If you haven’t yet made your submission on the latest round of changes to the Emissions Trading Scheme you’re nearly out of time.
EU sets June deadline for single registry
11 May 2012
The full activation of the EU Emissions Trading System single registry, including the migration of over 30,000 EU ETS accounts from national registries, is scheduled to take place in June.
Deadlines loom for forest owners
4 May 2012
Time is running out for the owners of more than 250,000ha of post-1989 forest to claim carbon credits earned between 2008 and 2012.
Koreans say yes to emissions trading
4 May 2012
South Korea has approved a national emissions trading scheme to tackle its growing greenhouse gas emissions.
Foresters should have their say on new rules
4 May 2012
While forestry talks at the 2011 UN climate change summit in Durban focused predominantly on the reduction of deforestation through mechanisms such as REDD and REDD+, there were other changes proposed to international carbon forestry laws which may have a profound effect on New Zealand foresters, Carbon Market Solutions says.
NZ eyes regional common carbon market
27 Apr 2012
New Zealand is maintaining a “watching brief” on developments in Asia that Australia believes could lead to a common carbon market.
Rio Tinto the worst, says Roger
27 Apr 2012
Bluff Aluminium Smelter owner Rio Tinto has won this year’s Roger Award for its behaviour over the Emissions Trading Scheme
Stop and think about the tax
27 Apr 2012
As we head in to May surrender time, OMFinancial is urging all ETS participants who are about to pass units to their points of obligation or to the Government to pause and consider the amount of tax you are effectively about to pay.
NZ urged to grab a slice of burgeoning $35 billion market for nature credits
Fri 13 Mar 2026
By Shannon Morris-Williams | New Zealand could unlock strong domestic and international demand for high-integrity nature-based credits, if government, investors and restoration groups work together to scale supply, a new report says.
Rod Carr is ‘over’ climate change defeatism
Fri 13 Mar 2026
By Pattrick Smellie | If there’s one thing former Climate Change Commission chair Rod Carr is “over”, it’s people saying there’s nothing they can personally do to address climate change.
Auckland Airport switches on giant heat pump system to cut gas use
6 Mar 2026
By Shannon Morris-Williams | While Auckland Airport’s switch from gas to heat pumps is welcome, the emissions savings are dwarfed by ongoing aircraft emissions, which are set to rise, according to a sustainable transport expert.
Air NZ joins Marsden Point SAF project
3 Mar 2026
By Pattrick Smellie | Air New Zealand has quietly added its name to a consortium exploring the viability of green hydrogen production for sustainable aviation fuel at Channel Infrastructure’s Marsden Point energy hub.
Carbon markets risk penalising Indigenous stewardship, researchers warn
5 Mar 2026
Carbon markets designed to reward environmental restoration may be unintentionally disadvantaging Indigenous communities who have long protected intact ecosystems, according to new research.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
Kenya’s latest carbon credit crackdown reveals questionable practices
Wed 11 Mar 2026
Some players use sophisticated tactics to inflate the value of credits that may not represent genuine, permanent emissions reductions.
Countries agree to record release of emergency oil reserves as prices surge
Fri 13 Mar 2026
Dozens of countries have agreed to release a record amount of oil from their emergency reserves to try to tackle supply shortages and soaring prices.
Bidders no-show at carbon auction – again
3 Mar 2026
By Liz Kivi | As predicted, today’s carbon auction yet again failed to attract any bidders, with NZUs currently trading hands on the secondary market at a 35% discount on this year’s auction floor price.
3,600 times faster: China is shaking up the steel industry
25 Feb 2026
For over a century, making steel meant coal, heat, and hours of waiting. A Chinese research team now reports collapsing that process into just three to six seconds; no coal, near zero emissions, and a vortex lance already moving toward commercial production. The technology is called flash ironmaking, and in February 2026, its implications are still unfolding.
Hormuz crisis critical to New Zealand
Tue 10 Mar 2026
By Nathan Surendran | COMMENT: Why the Hormuz crisis is a symptom, not the disease – and what it means for New Zealand.
Sustainable retail-office project breaks ground under new Green Star framework
19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
Renewables surge cuts power emissions, but oil dominates fossil fuel use
Fri 13 Mar 2026
By Shannon Morris-Williams | New Zealand’s fossil fuel emissions fell in 2025 as strong renewable electricity generation reduced the need for gas-fired power, but oil consumption is rising and now accounts for a record share of fossil emissions.
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.
Climate Commission called to Waitangi inquiry over alleged breaches
Tue 10 Mar 2026
By Liz Kivi | The Climate Change Commission is being called to front up to the Waitangi Tribunal and give evidence over alleged legal breaches of its obligations to Māori.
Transport dominates NZ’s rising consumer emissions
10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
From forest to flatpack, IKEA faces timber traceability test
Wed 11 Mar 2026
As the EU’s Deforestation Regulation nears implementation this year, furniture giant IKEA may need stronger traceability systems to prove its timber isn’t linked to post-2020 deforestation.
Greenpeace slams Govt climate policies amid rising petrol prices
Thu 12 Mar 2026
As petrol prices climb to $3 a litre, Greenpeace is blaming Government decisions for leaving Kiwis harder hit by the oil price spike.
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.”
Gaps in adaptation taxonomies hinder climate finance in Asia: report
5 Mar 2026
Without clearer criteria and metrics in adaptation taxonomies, Asia risks widening its climate financing gap, warns a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
Russia gets export boost from Iran war as price of oil to India surges
Tue 10 Mar 2026
The war in Iran has fuelled a significant bump in demand for Russian oil and gas, the Kremlin said on Friday, boosting exports which have been battered by sanctions linked to Russia's war in Ukraine.
Five trees can’t offset a car: Lawyers accuse Mazda of greenwashing
Mon 9 Mar 2026
By Shannon Morris-Williams | Lawyers for Climate Action NZ is taking Mazda to the Advertising Standards Authority over its claims that a tree-planting programme will offset vehicle emissions.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
Japan eyes New Zealand as green hydrogen export hub
Thu 12 Mar 2026
By Shannon Morris-Williams | A new partnership between major Japanese companies aims to explore exporting green hydrogen from New Zealand – but the economics of producing the energy-hungry fuel remain the biggest hurdle.
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
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.
EDS puts environmental lawmaking under the spotlight
26 Feb 2026
Media Release |The Environmental Defence Society has launched the first in a series of investigative pieces into how environmental laws are being made in Aotearoa New Zealand.
Climate 'dream team' launches foundation targeting 100 million tonnes in emissions cuts
25 Feb 2026
By Shannon Morris-Williams | The New Zealand Climate Foundation, which has the ambitious aim of cutting 100 million tonnes of greenhouse gas emissions by 2035, had its official launch on Monday.
Expert Panel invites EDS to comment on Bendigo goldmine
Fri 13 Mar 2026
Media release | The Environmental Defence Society has been invited to provide comment on the Bendigo-Ophir gold mine by the expert Panel tasked with deciding the fast-track project.
If the government is set on an LNG terminal, gas users, not electricity users, should pay
Wed 11 Mar 2026
By Christina Hood | COMMENT: It's increasingly clear that the government's narrative of LNG as ‘dry year electricity insurance’ really doesn't stack up.
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.
Tiny, lost and constipated: what a baby turtle told Australian scientists about warming seas
6 Mar 2026
The arrival of loggerheads in New South Wales shows these ‘sentinels of climate change’ are being forced into unknown territory.
The world’s largest climate finance deal was built to flounder: why funding fails to reach the front‑line
6 Mar 2026
Adopted in December 2015, the Paris Agreement commits countries to keeping global temperature rise below 2°C above pre-industrial levels.
Kiwis overly optimistic about state of environment
27 Feb 2026
By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.
‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics
24 Feb 2026
Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?
Todd gets nod to drill first super-critical geothermal well
Thu 12 Mar 2026
By Pattrick Smellie | Todd Energy is to make its sole oil drilling rig available to drill the first exploration well under the government’s $60 million super-critical geothermal resource exploration programme under a ‘preferred supplier’ agreement announced yesterday.
Media round-up
20 Feb 2026
In our round-up of climate coverage in local media: 'Every tonne matters': The climate scientist who wants to give you hope; Minister says managed retreat is an option; and climate change is here – is New Zealand ready?
China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom
25 Feb 2026
China’s grip on rare earths might finally see some competition, and the world is already taking notice.
How falling battery costs are igniting race for round-the-clock solar power
Fri 13 Mar 2026
By combining the solar array with a massive amount of battery capacity, the aim is to store enough power generated during daylight hours so that a minimum of 1 GW of electricity – enough to power between 500,000 and one million homes – is available 24 hours a day, 365 days a year.
Native plant shows promise for tackling `forever chemicals’
Wed 11 Mar 2026
Media release: University of Auckland | One of Aotearoa New Zealand’s taonga plants, harakeke, shows promise as a treatment for removing “forever chemicals” from drinking water.
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.
Claims that AI can help fix climate dismissed as greenwashing
18 Feb 2026
Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.
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.
NZ EV owners sticking with electric – survey
Wed 11 Mar 2026
Nearly all New Zealand EV owners say they would buy another electric vehicle, according to new research from Consumer NZ.
Summit aims to revive stalled UN talks on phasing out fossil fuels
Wed 11 Mar 2026
Colombia and the Netherlands have set out three priorities for a conference on phasing out fossil fuels they will co-host in Colombia in April.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Global coastal sea-level risks may be underestimated, say scientists
5 Mar 2026
By Shannon Morris-Williams | Coastal communities across the Pacific and Southeast Asia could be facing greater sea-level rise risks than previously estimated, researchers say.
Study finds warming world increases days when weather is prone to fires around the globe
20 Feb 2026
The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a new study shows.
Western Australian communities want mandatory payments from new renewable developments
6 Mar 2026
The West Australian government wants to make new wind and solar farms pay into community funds, but host towns say more work needs to be done to make sure the payments actually happen.
