Topics tagged with 'Emissions trading'
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.
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.
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.
