Topics tagged with 'Emissions trading'
Synthetics answer might lie outside ETS
1 Apr 2011
Greenhouse gas emissions from the synthetic gases sector could be dealt with outside the Emissions Trading Scheme, says ETS review panel chair David Caygill.
What the IEA thinks of our ETS
1 Apr 2011
The International Energy Agency says there is no guarantee New Zealand’s Emissions Trading Scheme will actually reduce greenhouse gas emissions.
Government sets 50 by 50 emissions target
1 Apr 2011
The Government has confirmed New Zealand's long-term emissions reduction target of 50 per cent on 1990 levels by 2050.
Greens: Emissions target is green-washing
1 Apr 2011
The Government’s greenhouse gas emissions target is little more than green-washing, said the Green Party.
All going well as emitters file first returns
1 Apr 2011
Government officials say the first round of returns for emitters has gone well - by they're not releasing details yet.
EU emissary talks aviation
1 Apr 2011
Jill Duggan, who has been instrumental in the set up of the European ETS, spoke to a number of New Zealand audiences this week, offering some interesting insights into the future of emissions trading, CMS reports.
Fonterra finds way to beat ETS problems
25 Mar 2011
Fonterra says a lack of liquidity in the New Zealand carbon market has caused the dairy co-operative some problems in its first year under the Emissions Trading Scheme.
How Europe found other ways to cut emissions
25 Mar 2011
Europe has found that you don’t have to bring every industry into an emissions trading regime to get them to cut their greenhouse gas emissions, the panel reviewing the New Zealand scheme is about to hear.
Kiwi carbon player goes it alone
25 Mar 2011
London-based international carbon-trading company EcoSecurities and its New Zealand partner have ended their formal relationship.
New carbon measurement regime for large forests
25 Mar 2011
Owners of large forests are about to shift to a compulsory personalised carbon measurement system.
Ministers reveal more carbon details
25 Mar 2011
The Australian Government has released more details about its plans to put a price on carbon.
Will dialogue influence the outcome of the review?
25 Mar 2011
Stakeholders have begun meeting with ETS review panel, but one cannot help but wonder whether the results of this consultation will in fact find their way into the final recommendations, says Carbon Market Solutions.
Price on move as carbon booms in Europe
18 Mar 2011
New Zealand’s carbon credits are running hot on the back of soaring prices in Europe.
Jilted Fonterra to plead case at ETS review
18 Mar 2011
Access to free credits for trade-exposed businesses and the entry of agriculture into the Emissions Trading Scheme are two of the issues Fonterra will be raising with the ETS review panel.
Forests credit allocations top five million
18 Mar 2011
Owners of pre-1990 forests have now been allocated more than five million carbon credits.
Fukushima drama affects carbon price
18 Mar 2011
Recent events have demonstrated how intertwined New Zealand's Emissions Trading Scheme is with the global financial and carbon markets, says Carbon Market Solutions.
ETS review panel wants YOUR input
11 Mar 2011
The Emissions Trading Scheme review panel wants to know how the scheme is affecting businesses, households, farmers, foresters and Maori.
ETS PAPER 1: Businesses feel the costs
11 Mar 2011
The Emissions Trading Scheme has increased the cost of electricity and fuel for businesses by about 1 per cent of revenue, the panel reviewing the scheme says.
ETS PAPER 2: World situation unclear
11 Mar 2011
New Zealand could decide it is economically sensible to push ahead with the Emissions Trading Scheme even if the world fails to negotiate a successor for the Kyoto Protocol, the panel reviewing the ETS says.
Business lobby group tries to set the tone
11 Mar 2011
Business New Zealand is making a bid to set the tone of the Emissions Trading Scheme review by pre-empting the launch of the review panel’s issues paper today with one of its own.
Caygill crew meets business leaders
11 Mar 2011
The committee reviewing the Emissions Trading Scheme has already met with some of the country’s most influential bodies as it works towards its June deadline.
Industrial emitters lodge first returns
11 Mar 2011
The first industrial emissions returns have been lodged with the Ministry of Economic Development.
Emissions target unrealistic, says lobbyist
4 Mar 2011
The natural resources sector is warning the Government that it’s unlikely to meet its target of halving greenhouse gas emissions by 2050.
Forest owners pick up three million credits
4 Mar 2011
Forest owners have so far received a total of more than three million credits for carbon sequestered in their forests last year.
UK expert to talk with ETS review group
4 Mar 2011
The committee reviewing the New Zealand Emissions Trading Scheme is to hear from one of Britain’s top carbon markets advisers.
Australia will get over carbon tax drama
4 Mar 2011
The Gillard carbon tax drama In Australia will subside with time just as it did in New Zealand, Carbon News Solutions predicts.
Australia sets date for carbon scheme
25 Feb 2011
Australia will have a price on carbon by July next year.
NZ farmers happy with omission of agriculture
25 Feb 2011
Federated Farmers will use Australia's decision not to put a price on agricultural emissions to back its argument to keep farmers out of the New Zealand scheme.
Labour: It's the same old story
25 Feb 2011
The Labour Party says the opposition in Australia to putting a price on carbon is reminiscent of what happened in New Zealand.
Sell CERs and bank the profit, broker says
25 Feb 2011
Spot NZUs traded higher this week, touching a high of $19.60, OMFinancial reports.
EXCLUSIVE: Govt stays silent on free allocations
18 Feb 2011
The Government is still refusing to say how many free carbon credits are being given to some of New Zealand’s biggest companies, despite an Official Information Act request.
Lignite mining could send emissions soaring
18 Feb 2011
Solid Energy’s proposed lignite projects in Southland could add 10 million to 20 million tonnes to New Zealand’s annual greenhouse gas emissions.
Aussie scheme could be lucrative for NZ carbon sellers
18 Feb 2011
As more of the Garnaut papers are released, Australia moves closer to a revised carbon scheme, Carbon Market Solutions says.
Foresters' champion plants trees for carbon
11 Feb 2011
The man who won forest owners the right to earn money from the carbon stored in their trees is about to plant his first dedicated carbon forest.
ETS group looks at oral submissions
11 Feb 2011
The committee reviewing the Emissions Trading Scheme says it will try to hear oral submissions from those who want to make them.
Time running out for say on forest schemes
4 Feb 2011
The public has just two weeks left in which to make submissions on the future of the Permanent Forest Sink Initiative and other forestry schemes.
Garnaut backs fixed carbon price
4 Feb 2011
Australia’s chief climate change adviser is backing the idea of a fixed carbon price.
ETS adds to the confusion
4 Feb 2011
From a carbon market perspective, the Government’s review of the Emissions Trading Scheme has generated further uncertainty among the public and among ETS participants, Carbon Market Solutions says.
NZU market drifts back
4 Feb 2011
The NZU market has traded between $19.10 and $19.55 on a spot equivalent basis this week, Westpac reports.
Northland iwi top credits allocations
28 Jan 2011
Two Northland iwi are the biggest recipients so far of carbon credits being given to the owners of pre-1990 forests.
Forestry credits close on 10m mark
28 Jan 2011
The government is on the verge of issuing its 10 millionth forestry carbon credit.
Emitters looking to 2011 obligations
28 Jan 2011
Local activity has started to pick up, with all interest focussed on the Spot NZU market, OMFinancial reports.
Buyers active as Chinese New Year looms
28 Jan 2011
The NZU market has traded between NZD18.80 and NZD19.30 on a spot equivalent basis this week, Westpac reports.
Credits worth $15m stolen in registry heist
21 Jan 2011
More than $15 million worth of carbon credits have been stolen in a daring heist in Europe.
It's a case of backwardation ... sort of
21 Jan 2011
The New Zealand carbon market is in backwardation – in theory, at least.
Govt stays silent on value of free credits
21 Jan 2011
Some of New Zealand’s biggest companies received free carbon credits from the Government.
Caygill committee eyes start next month
21 Jan 2011
The committee reviewing the Emissions Trading Scheme is yet to hold its first meeting, but chairman David Caygill expects those advocating changes to the scheme are already hard at work on submissions.
Some growers qualify for free carbon credits
21 Jan 2011
Horticulturalists have joined the list of those eligible for free carbon credits under the Emissions Trading Scheme.
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.
