Topics tagged with 'Emissions trading'
California postpones trading scheme
1 Jul 2011
California is delaying its emissions trading scheme for a year.
Europe collapse rocks NZ prices
1 Jul 2011
The spot NZU prices melted through the week, after European carbon collapsed on the back of the situation in Greece and concerns over the integrity of the EU emissions trading scheme, OMFinancial reports.
Carbon price set to follow fall in Europe
24 Jun 2011
New Zealand carbon prices are expected to head down today on the back of substantial falls in Europe overnight.
ETS review looks at rewards for farmers
24 Jun 2011
The panel reviewing the Emissions Trading Scheme says that it has considered measures that reward farmers with carbon credits for cutting greenhouse gas emissions.
Business grows for busy market pioneer
24 Jun 2011
A carbon market pioneer is doubling the size of its carbon desk after three years of operation.
All's not well after Bonn climate talks
24 Jun 2011
A two-week United Nations Framework Convention on Climate Change meeting held in Bonn, Germany, this month drew 3500 people representing 190 nations, Carbon Market Solutions reports.
At these levels, you have to start buying
24 Jun 2011
The local carbon market continues to fall in sympathy with European carbon prices, though the majority of NZU owners are baulking at selling at these levels, OMFinancial reports.
Try incentives for farmers, says broker
17 Jun 2011
A scheme similar to the United Nations Joint Implementation programme should be used to encourage farmers to cut greenhouse gas emissions, says a New Zealand carbon consultant.
World Bank tracks stalled carbon market
17 Jun 2011
The international carbon market stalled at $US142 billion last year, after five years of growth.
The Carbon Traders: Lizzie Chambers, Carbon Match
17 Jun 2011
The newcomer to the New Zealand carbon trading scene believes it is a market destined to grow.
Emissions trading is best, says Shell chief
17 Jun 2011
Emissions trading schemes are a better way of tackling carbon pollution than government subsidies of renewable energy projects, says a senior Shell executive.
Wind generation needs a helping hand
17 Jun 2011
New Zealand this week celebrated Global Wind Day for the first time.
Climate fighter has a big job for NZ
10 Jun 2011
Scientist and climate change campaigner Dr James Hansen says that New Zealand could be the country he has been looking for to "stand up and tell the truth" - that our addiction to fossil fuels can be cured only by an honest, rising price on carbon.
Little demand on spot market
10 Jun 2011
Another quiet week trading-wise for the NZUs as prices hold a tight range, $19.65 to $19.85, on light volume, OMFinancial reports.
Carbon moves could do good, says Garnaut
3 Jun 2011
The introduction of a price on carbon will not disrupt the development of the Australian economy, and could even lead to a wave of innovation.
Carbon tax soon, say Aussie Greens
3 Jun 2011
Australia may leapfrog New Zealand on pricing carbon, that country’s Green Party leader says.
Cargo carbon calculations just a click away
3 Jun 2011
The carbon implications of shipping cargo with a New Zealand shipping company can now be calculated with a couple of mouse-clicks.
Hopes dim for safe emissions levels
3 Jun 2011
Greenhouse gas emissions increased by a record amount last year, to the highest carbon output in history, putting hopes of holding global warming to safe levels all but out of reach, according to unpublished estimates from the International Energy Agency, says Carbon Market Solutions.
Labour might sweeten ETS deal for farmers
27 May 2011
Labour might sweeten the carbon deal for farmers by letting them become the point of obligation under the Emissions Trading Scheme.
Estimates pinpoint cost of ETS to farmers
27 May 2011
Bringing biological greenhouse gas emissions from farms into the Emissions Trading Scheme will cost dairy farmers about 2.8 cents per litre of milk solids, government estimates show.
Caygill committee might miss deadline
27 May 2011
The committee reviewing the Emissions Trading Scheme has had a small extension of time.
Europe keeps emissions under control
27 May 2011
Europe’s greenhouse gas emissions grew last year on the back of an economic recovery, but were still below cap.
No danger of Australia leading the world
27 May 2011
A common argument used by people in NZ and in other countries to avoid becoming involved in climate change mitigation and carbon pricing is the”why should we lead the world on this issue” argument.
Government eyes fewer NZU allocations
20 May 2011
The Government expects to allocate 25 per cent fewer NZUs under the Emissions Trading Scheme next year than this year.
Budget sets aside $1.6m for ETS reviews
20 May 2011
The Government has set aside $1.6m a year until at least 2014 for reviewing the Emissions Trading Scheme.
UK carbon budget sets course for cuts
20 May 2011
While the New Zealand Government is grappling with its 2011 financial budget, the British Government is setting its fourth carbon budget.
Business on right track, says Hansen
13 May 2011
New Zealand’s business community has received a bouquet from the scientist James Hansen, the American dubbed the father of global warming.
ETS reviewers eye Australian farm plan
13 May 2011
The panel reviewing the Emissions Trading Scheme is looking at Australia’s plan to give tradable credits to farmers for storing carbon in soil.
Banks coming to the carbon party
6 May 2011
Banks are starting to lend on carbon as forestry companies secure contracts as far forward as 2020, a forest management company says.
Nervous foresters unsure about ETS
6 May 2011
Political uncertainty over the Emissions Trading Scheme has left some foresters gun-shy.
Smallholders miss out on new carbon measure
6 May 2011
Government officials are rejecting calls to allow the owners of small forestry blocks to use a new system for measuring carbon.
Why the ETS needs transparency
6 May 2011
Is the ETS a mature market yet? asks Carbon Market Solutions.
Don't delay agriculture, says world body
29 Apr 2011
Agriculture should come into the New Zealand Emissions Trading Scheme in 2015 as planned, says one of the world’s most influential organisations.
Caygill crew on target to produce report
29 Apr 2011
The panel reviewing the Emissions Trading Scheme is on target to meet its report-back deadline, its chairman says.
ETS review predictable so far
29 Apr 2011
With the findings of the ETS Review due out in June, the consultation phase of the review is has drawn to a close.
ETS stays no matter what, says Groser
21 Apr 2011
New Zealand’s Emissions Trading Scheme will continue even if there is no international climate change agreement after next year, says International Climate Change Negotiations Minister Tim Groser.
Country expects to hit Kyoto targets
21 Apr 2011
New Zealand is on target to meet its Kyoto target without having to use overseas credits to offset our emissions, latest Government figures show.
We can cut carbon ... so why fudge the figures?
21 Apr 2011
New Zealand has a wealth of carbon-reduction opportunities - so why is it fudging figures to the United Nations, asks Sustainability Council executive director SIMON TERRY.
China on a clean energy roll
21 Apr 2011
China, the world’s biggest emitter, continues to power ahead in the green revolution, and has topped the Pew Environment Group's clean energy investment rankings for 2010.
Solid Energy hits out at Pike gas advice
15 Apr 2011
Solid Energy says the Government was wrong to listen to Pike River Coal's advice on methane gas emissions from coal mines.
Forest-planting rates still low post-ETS
15 Apr 2011
The Emissions Trading Scheme has failed to boost forest planting.
Environment champion sees ETS loophole
15 Apr 2011
The Emissions Trading Scheme should be tightened so that new carbon-intensive industries do not get taxpayer subsidies, the Parliamentary Commission for the Environment says.
Ban gas CERs or wreck market, says trader
8 Apr 2011
The price of carbon in New Zealand will crash if industrial gas CERs are not banned from the Emissions Trading Scheme from 2013, a trader is warning.
Forest owners will get 9m carbon credits
8 Apr 2011
The Government will issue more than nine million carbon credits to the owners of post-1989 forests this year.
Westpac: What happens after 2012?
8 Apr 2011
Uncertainty about the future shape of the Emissions Trading Scheme will affect future prices, Westpac says.
Foresters see way to reduce ETS risk
8 Apr 2011
The Emissions Trading Scheme can be tweaked to reduce risk for the forestry sector without needing any taxpayer subsidy, the Forest Owners' Association says.
Wood processors want slice of the pie
8 Apr 2011
Wood processors want a slice of the scheme providing free carbon credits to trade-exposed industries.
Firms under pressure to manage carbon
8 Apr 2011
Companies are facing increasing pressure from shareholders, employees, competitors, and consumers to put in place strategies to manage carbon, Carbon Market Solutions 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.
