Topics tagged with 'Emissions trading'
EU action gives carbon prices a boost
17 Feb 2012
Carbon prices are rising on the back of European moves to limit supply.
New industrial allocation round under way
17 Feb 2012
The new application period for emitters making a provisional or final application for an industrial allocation of NZUs is under way.
Tasman ETS links will have impact here
17 Feb 2012
Australian’s Carbon Pricing Mechanism will enter its flexible pricing stage in 2015. Carbon Market Solutions looks at the likely impact on carbon prices in New Zealand.
Europe move could jump prices
17 Feb 2012
A committee of MPs in the European parliament has supported a motion to withdraw (set aside) carbon permits (EUAs) from the EU ETS for the 2013 to 2020 period.
Labour likes ETS ... if it works
10 Feb 2012
New Labour leader David Shearer says that he is committed to the Emissions Trading Scheme – if it works.
NZUs top of the pops with emitters
10 Feb 2012
NZUs were the unit of choice for New Zealand emitters in the first year of liability under the Emissions Trading Scheme.
Deadline day for industrial gas CERs
10 Feb 2012
Today is the last day to register forward contracts for industrial gas CERs.
South Korean officials want carbon cap
10 Feb 2012
A South Korean Government committee has approved a bill that will charge polluters for their greenhouse gas emissions from 2015.
China orders airlines not to pay
10 Feb 2012
China has banned domestic airlines from participating in the European Union's emissions trading scheme and from using the scheme to increase fares or add other fees.
Why CERs are best bet in the long run
10 Feb 2012
The price of NZUs remains low – partly because of the effects of CERs on the New Zealand Emissions Trading Scheme, Carbon Market Solutions reports.
Govt might block overseas credits
3 Feb 2012
The number of international carbon credits coming into New Zealand could be cut.
Officials back slow-down of ETS
3 Feb 2012
Government officials are backing recommendations to slow down the impact the Emissions Trading Scheme is having on the economy.
Where Europe goes, we go ...
3 Feb 2012
The European Union is so critical to the outlook for carbon prices for the next year that we’re looking at the issue again this week, Carbon Market Solutions says.
Door to Europe could open for foresters
27 Jan 2012
Possible rule changes in Europe could open the way for New Zealand forest owners to sell credits into the European Emissions Trading Scheme.
Minister puts plans for environment
27 Jan 2012
New rules to protect New Zealand’s oceans and freshwater, streamlining the Resource Management Act, a new Environment Reporting Act and aligning the Emissions Trading Scheme with that of Australia are on the Government’s agenda.
Smart growers profit from low carbon prices
20 Jan 2012
Savvy forest owners who sold carbon credits at the peak of the market are buying credits back again at severely depressed prices.
Airlines look at buying into our ETS
20 Jan 2012
The implementation of a carbon tax on airlines flying into Europe is thought to be prompting some to consider opting in to the New Zealand Emissions Trading Scheme.
Business lobby says no to floor price
20 Jan 2012
Restricting prices at the lower end of the carbon market would be self-defeating, says BusinessNZ.
ETS safe, but where do we go from here?
20 Jan 2012
The results from the Durban conference on climate change have been hailed as a breakthrough for climate negotiations - and derided as a step back in Kyoto goals.
Poor prices will hurt government income
16 Dec 2011
Collapsing carbon prices could leave a hole in the Government’s books.
Carbon hits new low, but expect a fightback
9 Dec 2011
Carbon prices are expected to rally today after hitting an all-time low yesterday, trading at less than half their value of just seven months ago.
Groser looks for more ETS partners
9 Dec 2011
New Zealand is working towards a regional carbon market.
Fonterra forces farmers to fence
2 Dec 2011
The fencing of water ways is to become a condition of supply for Fonterra dairy farmers as the industry moves to clean up its environmental image.
China key to future of carbon trading
2 Dec 2011
This week the climate summit began in Durban to discuss the future of the Kyoto Protocol.
Carbon crashes as Europe sells out
25 Nov 2011
Carbon prices are in free-fall as cash-strapped European countries dump huge amounts of European Union Allowances – the European equivalent of New Zealand’s NZUs.
Europe a turn-off for our forest owners
25 Nov 2011
New Zealand’s carbon trading future probably lies with Australia, Japan and parts of the United States and Canada, and not with Europe, says the chief executive of the Forest Owners' Association.
Trades difficult as price flops
25 Nov 2011
NZUs started the week at $13.05 and traded at $12.10 yesterday, OMFinancial reports.
Scrap lignite plan, says energy expert
18 Nov 2011
A New Zealand scientist at the heart of the IPCC says Solid Energy’s lignite development should not go ahead.
ETS here to stay, vows Groser
18 Nov 2011
New Zealand will push for a successor to the Kyoto Protocol, but the Emissions Trading Scheme is here to say regardless of the outcome of international climate change negotiations in Durban this month.
Environment: Where the minor parties stand
18 Nov 2011
Both National and Labour are vowing that the Emissions Trading Scheme is here to say, but what do the smaller parties have to say about the environment?
Offsetting OK ... but there's a catch
11 Nov 2011
The owners of pre-1990 forests will be allowed to replant in another area without penalty under a National Government – but there could be be a price to pay.
Unhappy exporters voice ETS fears
11 Nov 2011
National's promise to slow down implementation of the Emissions Trading Scheme has failed to impress exporters.
Where Labour and Greens stand on carbon trading
11 Nov 2011
Carbon Market Solutions casts an eye over the carbon-trading policies of Labour and the Greens:
Global carbon hits new lows
11 Nov 2011
NZUs climbed back over the $13 level and continue to hold their premium over CERs.
Environment key poll issue, says Labour
4 Nov 2011
Labour is about to pitch its environment policy as an election-winner.
Chauvel lists flaws in ETS review
4 Nov 2011
The Emissions Trading Scheme would be up for review again under a Labour Government.
Some forest owners offered a break
4 Nov 2011
Owners of pre-1990 forests could be in line for an annual allocation of carbon credits under a Labour government.
Row brews over industrial gases
4 Nov 2011
Carbon producers and consumers have taken opposing stands on whether industrial gas CERs should be banned from the New Zealand Emissions Trading Scheme.
Key carbon tax vote next week
4 Nov 2011
The Australian government's carbon tax is likely to pass the parliament early next week after an agreement between Labor and the Greens.
Politicians to face ETS questions
28 Oct 2011
Politicians will face up to questions about the Emissions Trading Scheme on Monday.
Industrial gas submissions close soon
28 Oct 2011
Submissions on whether industrial gas CERs should be banned from the New Zealand Emissions Trading Scheme close on Monday.
Innocent forest owners will pay price
21 Oct 2011
Many forest owners are about to discover that they are in the Emissions Trading Scheme when they don’t have to be – an oversight which could cost them dearly.
Why we need to ban industrial CERs soon
21 Oct 2011
A proposed Government ban on industrial CERs should go ahead as soon as possible, says DANIEL WATSON, of Carbon Market Solutions.
Investors sniff out NZ forest fortunes
14 Oct 2011
New Zealand should expect intense interest in our carbon-sequestering forests from Australian investors, especially if the two countries’ emissions trading schemes are linked, says a company involved in carbon forestry on both sides of the Tasman.
Abbott will eat his words, says CMS
14 Oct 2011
The Australian emissions trading scheme legislation was passed through that country’s Federal Parliament this week, and is expected to begin being passed into law by the Senate next month.
Spooked Europe slashes carbon price
14 Oct 2011
European carbon prices hit all-time lows overnight, partly on the back of weak European financial markets, OM Financial reports.
Gas credits ban might catch some emitters
7 Oct 2011
Some emitters are likely to be caught holding carbon credits that cannot be used in the New Zealand Emissions Trading Scheme.
Banning industrial gas units the way to go
7 Oct 2011
Proposals to ban some industrial gas CERs from the New Zealand Emissions Trading Scheme are no surprise, having been foreshadowed in the ETS review released last month, Westpac says.
NZ Steel pockets close to $10m in credits
30 Sep 2011
New Zealand Steel was given nearly 500,000 free carbon credits last year - worth nearly $10 million – to cushion it from the impact of a price on carbon.
Reward inhibitor farmers, says study group
30 Sep 2011
Farmers should be given carbon credits to encourage them to use nitrogen inhibitors, a government committee says.
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.
