Topics tagged with 'Emissions trading'
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.
Obama warms to climate change action
27 Apr 2012
United States President Barack Obama has recently voiced his intention to address climate change issues during the up-coming election cycle, after criticism from environmentalists who have been disappointed with his lack of attention on the subject, Carbon Market Solutions says.
Slow-down in European market
27 Apr 2012
CER prices have been relatively range-bound over the past couple of weeks, Westpac reports.
Prices force rethink on carbon books
20 Apr 2012
The Government is reworking its books in the wake of the carbon price collapse.
Why we must have an emissions target
13 Apr 2012
New Zealand will have to adopt an emissions target before it can introduce a cap-and-auction system.
Price fall stops - for now
13 Apr 2012
The international price for carbon is consolidating at current levels after suffering a sharp sell-off through March on the back of oversupply, disagreement about how to deal with it and a greater-than-expected fall in 2011 emissions.
Important steps in ETS proposals
13 Apr 2012
Changes the Government is proposing to the Emissions Trading Scheme could have important consequences for those participating in the ETS, says Carbon Market Solutions – especially plans to limit the use of CERs and to introduce a cap-and-auction mechanism.
Agriculture might get 2018 reprieve
11 Apr 2012
Agriculture might be out of the Emissions Trading Scheme until 2018.
Govt wants hold on international credits
11 Apr 2012
The Government intends restricting the number of international carbon credits New Zealand emitters can use to meet their obligations, it has been revealed today.
Australia and EU want ETS links
5 Apr 2012
The Australian Government and the European Union have confirmed their strong commitment to working towards linking their emissions trading schemes.
Energy regulator reports for duty
5 Apr 2012
Australia has moved one step closer to a clean energy future with the Clean Energy Regulator starting operations.
Policy uncertainty makes for a foggy market
5 Apr 2012
The New Zealand Government has confirmed that it is considering changes to the current Emissions Trading Scheme, and that the law and policy could be changed this year.
Trader has high hopes for new platform
30 Mar 2012
OMFinancial launches an online carbon platform today which it says has the potential to become a regional market.
Agriculture key to ETS credibility
30 Mar 2012
New Zealand could play a strong role in developing an international carbon market – but it needs to bring agriculture into the Emissions Trading Scheme, says an American geographer.
Europe acts to right the ship
30 Mar 2012
The carbon market is not in the state that was predicted a few years ago, Carbon Market Solutions says.
Time for emitters to move
30 Mar 2012
While spot NZUs maintain a healthy premium over spot CERs and ERUs, we have seen the premium of NZU forwards narrow over CER forwards.
Market revival in PFSI credits
23 Mar 2012
Interest in the Permanent Forest Sink Initiative is picking up again in the wake of indications that it will not be scrapped.
Europe tells China to start own ETS
23 Mar 2012
The European Union has hinted that it hopes to avoid levying its controversial carbon-emissions tax on flights from China, if Beijing introduces its own carbon-trading scheme to cover aviation.
Storm damage could cost foresters
9 Mar 2012
Taranaki forest owners could face hefty carbon liabilities in the wake of last weekend’s destructive storm.
Govt will slow ETS
9 Mar 2012
The electricity, industrial and transport sectors will continue to be sheltered from the full force of the Emissions Trading Scheme.
EU charge could cost Airbus $3.8m
9 Mar 2012
An Asian airline is threatening to scrap an order for 10 Airbus jets over a European Union carbon charge imposed on global airlines.
Shipping shapes as next target of EU
9 Mar 2012
The International Maritime Organisation (IMO) could soon find itself butting heads with Brussels over how best to tackle emissions from international shipping, analysts say.
NZ yet to decide on Kyoto stance
9 Mar 2012
The Ministry of Foreign Affairs and Trade is working towards an agreement to sign on to the second commitment period of the Kyoto Protocol, set to start on January 1 – and the rule changes could have an impact on our Emissions Trading Scheme.
Gas technology lines Aussie pockets
2 Mar 2012
Australian farmers are about to earn carbon credits on the back of New Zealand research.
NZ stays out of Europe airlines row
2 Mar 2012
New Zealand is staying out of a row over a requirement for airlines flying in and out of Europe to pay for their carbon emissions.
Australian election poses ETS problems
2 Mar 2012
A big event in the future of the New Zealand Emission Trading Scheme will be the introduction of the Australian carbon tax flexible pricing period in 2015, Carbon Market Solutions says.
Converting farmers like low carbon
24 Feb 2012
Low carbon prices are proving a boon for farmers wanting to convert forest land to farmland.
Countries group to fight airlines action
24 Feb 2012
Officials from 29 countries have met in Moscow to try to put pressure on the European Union to abandon a law which requires international airlines to pay for carbon emissions.
Europe's airline rules stir controversy
24 Feb 2012
Carbon Market Solutions says that the European Union’s Emissions Trading Scheme has now included aviation in its emissions reduction sectors in a move fraught with controversy and disagreement.
Carbon prices sailing choppy seas
24 Feb 2012
This week has seen choppy trading in NZD carbon, Westpac reports.
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.
