Topics tagged with 'Emissions trading'
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.
Review rules out some ETS challenges
23 Dec 2010
Questions about whether the Emissions Trading Scheme is the best way for New Zealand to tackle climate change have been ruled out of a review of the scheme.
Public might not appear before panel
23 Dec 2010
The public might not get a chance to make oral submissions on the review of the Emissions Trading Scheme.
Farmers renew call to keep agriculture out
23 Dec 2010
Federated Farmers says it will use the review of the Emissions Trading Scheme to try to keep agriculture out of the scheme.
California gives nod to timber carbon case
23 Dec 2010
The carbon-storing properties of wood products have been recognised in the new cap-and-trade scheme endorsed by Californian law-makers last week.
Forestry credits pioneer set to sell more
17 Dec 2010
One of the first forest owners to sell New Zealand forestry credits is gearing up to sell again.
ETS review terms out soon
17 Dec 2010
The terms of reference for a review of the Emissions Trading Scheme will be out by the end of the year, the Government says.
CANCUN: A clearer picture is emerging
17 Dec 2010
A clearer overall framework for global greenhouse gas emissions reductions is emerging - even if more work is needed to develop market mechanisms, writes Business New Zealand energy, enviornment and infrastructure manager John Carnegie from Cancun.
CANCUN: Give money to research, says FedFarm
17 Dec 2010
The Cancun climate change summit proved that a solution to global carbon emissions is still as elusive as ever, says Federated Farmers.
Second chance on wilding trees exemptions
17 Dec 2010
Landowners clearing wilding trees established before 1990 have a second chance to apply for an exemption to the deforestation rules under the Emissions Trading Scheme.
Gillard’s clunkers come under microscope
17 Dec 2010
Australian Prime Minister Julia Gillard's cash-for-clunkers proposal would cost 15 times more than an emissions trading scheme to reduce carbon pollution, according to experts.
CANCUN: We're committed, says Smith
10 Dec 2010
Climate Change Issues Minister Nick Smith has told delegates at climate change negotiations in Mexico that New Zealand is committed to cutting greenhouse gas emissions.
CANCUN: We're fooling nobody, says Chauvel
10 Dec 2010
Labour's Climate Change Issues spokesman, Charles Chauvel, reports from Cancun:
NZ sellers caught on the hop, says trader
10 Dec 2010
NZU sellers’ hopes of a continuing upward trend for NZU prices were halted last week due to the effects of a dropping CER price, says Carbon Market Solutions.
Why carbon can mean money for Maori
3 Dec 2010
The Emissions Trading Scheme will deliver more money to Maori than the entire Treaty of Waitangi envelope, says a former All Black captain.
Cancun will learn why Kiwi way is the best
3 Dec 2010
New Zealand’s home-grown method of accounting for the carbon in forests is to be held up at the Cancun climate change talks as a model to other countries – especially those in the developing world.
ETS should be suspended, says NZ First
3 Dec 2010
New Zealand First is reassessing its position on climate change policy – and says that the Emissions Trading Scheme should be put on hold.
Cancun: The electricity isn't there
3 Dec 2010
John Carnegie, BusinessNZ’s manager for energy, environment and infrastructure, is a member of the New Zealand Government's official delegation to the international climate change negotiations in Cancun, Mexico. He reports on progress in the opening days of the Cancun conference:
Wind group: Court gives nod to wind farms
3 Dec 2010
The Environment Court’s approval of Contact Energy’s proposed Waitahora wind farm recognises that well-designed wind farms are entirely appropriate in windy, elevated farmland, says the Wind Energy Association.
Cancun should show up our ETS, says ACT
3 Dec 2010
The Climate Change Conference in Cancun might be nothing more than a meaningless and actionless talkfest, but it does have one saving grace – it should show the National Government how foolhardy it would be to continue forging ahead with its Emissions Trading Scheme, the ACT Party says.
NZU prices close on CERs
30 Nov 2010
The difference in price between spot NZUs and spot CERs has closed to just a few cents.
NZ urged to grab a slice of burgeoning $35 billion market for nature credits
Fri 13 Mar 2026
By Shannon Morris-Williams | New Zealand could unlock strong domestic and international demand for high-integrity nature-based credits, if government, investors and restoration groups work together to scale supply, a new report says.
Rod Carr is ‘over’ climate change defeatism
Fri 13 Mar 2026
By Pattrick Smellie | If there’s one thing former Climate Change Commission chair Rod Carr is “over”, it’s people saying there’s nothing they can personally do to address climate change.
Auckland Airport switches on giant heat pump system to cut gas use
6 Mar 2026
By Shannon Morris-Williams | While Auckland Airport’s switch from gas to heat pumps is welcome, the emissions savings are dwarfed by ongoing aircraft emissions, which are set to rise, according to a sustainable transport expert.
Air NZ joins Marsden Point SAF project
3 Mar 2026
By Pattrick Smellie | Air New Zealand has quietly added its name to a consortium exploring the viability of green hydrogen production for sustainable aviation fuel at Channel Infrastructure’s Marsden Point energy hub.
Carbon markets risk penalising Indigenous stewardship, researchers warn
5 Mar 2026
Carbon markets designed to reward environmental restoration may be unintentionally disadvantaging Indigenous communities who have long protected intact ecosystems, according to new research.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
Kenya’s latest carbon credit crackdown reveals questionable practices
Wed 11 Mar 2026
Some players use sophisticated tactics to inflate the value of credits that may not represent genuine, permanent emissions reductions.
Countries agree to record release of emergency oil reserves as prices surge
Fri 13 Mar 2026
Dozens of countries have agreed to release a record amount of oil from their emergency reserves to try to tackle supply shortages and soaring prices.
Bidders no-show at carbon auction – again
3 Mar 2026
By Liz Kivi | As predicted, today’s carbon auction yet again failed to attract any bidders, with NZUs currently trading hands on the secondary market at a 35% discount on this year’s auction floor price.
3,600 times faster: China is shaking up the steel industry
25 Feb 2026
For over a century, making steel meant coal, heat, and hours of waiting. A Chinese research team now reports collapsing that process into just three to six seconds; no coal, near zero emissions, and a vortex lance already moving toward commercial production. The technology is called flash ironmaking, and in February 2026, its implications are still unfolding.
Hormuz crisis critical to New Zealand
Tue 10 Mar 2026
By Nathan Surendran | COMMENT: Why the Hormuz crisis is a symptom, not the disease – and what it means for New Zealand.
Sustainable retail-office project breaks ground under new Green Star framework
19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
Renewables surge cuts power emissions, but oil dominates fossil fuel use
Fri 13 Mar 2026
By Shannon Morris-Williams | New Zealand’s fossil fuel emissions fell in 2025 as strong renewable electricity generation reduced the need for gas-fired power, but oil consumption is rising and now accounts for a record share of fossil emissions.
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.
Climate Commission called to Waitangi inquiry over alleged breaches
Tue 10 Mar 2026
By Liz Kivi | The Climate Change Commission is being called to front up to the Waitangi Tribunal and give evidence over alleged legal breaches of its obligations to Māori.
Transport dominates NZ’s rising consumer emissions
10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
From forest to flatpack, IKEA faces timber traceability test
Wed 11 Mar 2026
As the EU’s Deforestation Regulation nears implementation this year, furniture giant IKEA may need stronger traceability systems to prove its timber isn’t linked to post-2020 deforestation.
Greenpeace slams Govt climate policies amid rising petrol prices
Thu 12 Mar 2026
As petrol prices climb to $3 a litre, Greenpeace is blaming Government decisions for leaving Kiwis harder hit by the oil price spike.
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.”
Gaps in adaptation taxonomies hinder climate finance in Asia: report
5 Mar 2026
Without clearer criteria and metrics in adaptation taxonomies, Asia risks widening its climate financing gap, warns a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
Russia gets export boost from Iran war as price of oil to India surges
Tue 10 Mar 2026
The war in Iran has fuelled a significant bump in demand for Russian oil and gas, the Kremlin said on Friday, boosting exports which have been battered by sanctions linked to Russia's war in Ukraine.
Five trees can’t offset a car: Lawyers accuse Mazda of greenwashing
Mon 9 Mar 2026
By Shannon Morris-Williams | Lawyers for Climate Action NZ is taking Mazda to the Advertising Standards Authority over its claims that a tree-planting programme will offset vehicle emissions.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
Japan eyes New Zealand as green hydrogen export hub
Thu 12 Mar 2026
By Shannon Morris-Williams | A new partnership between major Japanese companies aims to explore exporting green hydrogen from New Zealand – but the economics of producing the energy-hungry fuel remain the biggest hurdle.
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
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.
EDS puts environmental lawmaking under the spotlight
26 Feb 2026
Media Release |The Environmental Defence Society has launched the first in a series of investigative pieces into how environmental laws are being made in Aotearoa New Zealand.
Climate 'dream team' launches foundation targeting 100 million tonnes in emissions cuts
25 Feb 2026
By Shannon Morris-Williams | The New Zealand Climate Foundation, which has the ambitious aim of cutting 100 million tonnes of greenhouse gas emissions by 2035, had its official launch on Monday.
Expert Panel invites EDS to comment on Bendigo goldmine
Fri 13 Mar 2026
Media release | The Environmental Defence Society has been invited to provide comment on the Bendigo-Ophir gold mine by the expert Panel tasked with deciding the fast-track project.
If the government is set on an LNG terminal, gas users, not electricity users, should pay
Wed 11 Mar 2026
By Christina Hood | COMMENT: It's increasingly clear that the government's narrative of LNG as ‘dry year electricity insurance’ really doesn't stack up.
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.
Tiny, lost and constipated: what a baby turtle told Australian scientists about warming seas
6 Mar 2026
The arrival of loggerheads in New South Wales shows these ‘sentinels of climate change’ are being forced into unknown territory.
The world’s largest climate finance deal was built to flounder: why funding fails to reach the front‑line
6 Mar 2026
Adopted in December 2015, the Paris Agreement commits countries to keeping global temperature rise below 2°C above pre-industrial levels.
Kiwis overly optimistic about state of environment
27 Feb 2026
By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.
‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics
24 Feb 2026
Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?
Todd gets nod to drill first super-critical geothermal well
Thu 12 Mar 2026
By Pattrick Smellie | Todd Energy is to make its sole oil drilling rig available to drill the first exploration well under the government’s $60 million super-critical geothermal resource exploration programme under a ‘preferred supplier’ agreement announced yesterday.
Media round-up
20 Feb 2026
In our round-up of climate coverage in local media: 'Every tonne matters': The climate scientist who wants to give you hope; Minister says managed retreat is an option; and climate change is here – is New Zealand ready?
China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom
25 Feb 2026
China’s grip on rare earths might finally see some competition, and the world is already taking notice.
How falling battery costs are igniting race for round-the-clock solar power
Fri 13 Mar 2026
By combining the solar array with a massive amount of battery capacity, the aim is to store enough power generated during daylight hours so that a minimum of 1 GW of electricity – enough to power between 500,000 and one million homes – is available 24 hours a day, 365 days a year.
Native plant shows promise for tackling `forever chemicals’
Wed 11 Mar 2026
Media release: University of Auckland | One of Aotearoa New Zealand’s taonga plants, harakeke, shows promise as a treatment for removing “forever chemicals” from drinking water.
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.
Claims that AI can help fix climate dismissed as greenwashing
18 Feb 2026
Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.
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.
NZ EV owners sticking with electric – survey
Wed 11 Mar 2026
Nearly all New Zealand EV owners say they would buy another electric vehicle, according to new research from Consumer NZ.
Summit aims to revive stalled UN talks on phasing out fossil fuels
Wed 11 Mar 2026
Colombia and the Netherlands have set out three priorities for a conference on phasing out fossil fuels they will co-host in Colombia in April.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Global coastal sea-level risks may be underestimated, say scientists
5 Mar 2026
By Shannon Morris-Williams | Coastal communities across the Pacific and Southeast Asia could be facing greater sea-level rise risks than previously estimated, researchers say.
Study finds warming world increases days when weather is prone to fires around the globe
20 Feb 2026
The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a new study shows.
Western Australian communities want mandatory payments from new renewable developments
6 Mar 2026
The West Australian government wants to make new wind and solar farms pay into community funds, but host towns say more work needs to be done to make sure the payments actually happen.
