Topics tagged with 'Emissions trading'
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.
Interest grows as CERs deal in NZ dollars
26 Nov 2010
New Zealand emitters can now buy CERs on the domestic market in New Zealand dollars, removing exchange-rate risk.
NZ forest credits might fill CDM shortfall
19 Nov 2010
Clean Development Mechanism developers are looking to New Zealand’s forestry credits to help to make up an expected shortfall in the credits they must deliver from their projects.
Public begins to question free carbon credits
19 Nov 2010
Public support for free carbon credits to help trade-exposed businesses and farmers to adjust to a price on carbon is falling.
Farmers must come first, says Dairy group
19 Nov 2010
Farmers must be the point of obligation if agriculture does come into the Emissions Trading Scheme on schedule, the dairy industry group DairyNZ says.
What Nick Smith said to farmers
19 Nov 2010
Comments by Climate Change Issues Minister Nick Smith to Federated Farmers this week on the prospect of delaying agriculture's entry into the Emissions Trading Scheme have caused a minor media flurry.
Farming call vital for forests, says scientist
19 Nov 2010
Keeping agriculture out of the Emissions Trading Scheme beyond 2015 will affect forestry planting levels, warns a forestry expert.
ETS leading to farm subsidies, warns Fed head
19 Nov 2010
Foresters should be growing trees for wood, not carbon storage subsidies, says Federated Farmers.
Aussies go shopping for carbon information
19 Nov 2010
New Zealand will be on the call list when Australia goes shopping world-wide soon for carbon trading information.
South Korea sets carbon trading scheme rules
19 Nov 2010
South Korean has unveiled proposed legislation governing its carbon emissions trading scheme.
Buyers accruing liabilities faster than they can buy NZUs
19 Nov 2010
Activity in the New Zealand market continues to increase, Westpac reports.
Well, look who's talking sustainability ...
12 Nov 2010
The fact that both National and Labour are taking part in a conference in Parliament today to discuss building sustainability into the economy shows the idea is catching on, organisers say.
ETS not the way to go, says FedFarm
12 Nov 2010
Federated Farmers has launched another assault on the Emissions Trading Scheme.
Forest owner hits rich vein of NZUs sales
5 Nov 2010
The New Zealand forest owner who two weeks ago sold 50,000 tonnes of NZUs at $20.05 a tonne has received more for his latest offering.
CERs take on new appeal for NZ emitters
5 Nov 2010
CERs are emerging as a viable alternative to NZUs for New Zealand emitters.
NZ lends helping hand with Australian ETS
5 Nov 2010
New Zealand is helping Australia to work towards putting a price on carbon.
Supply shortfall may begin to ease
5 Nov 2010
Over the past several weeks, NZU prices have been relatively stable as, with a well understood short term lack of supply, liable entities have resisted pushing prices higher in the knowledge that doing so was not resulting in more volume emerging, Westpac reports.
Our prices too low for Aussie carbon pioneers
29 Oct 2010
Australians are gearing up to sell carbon credits from trees – but say they aren’t interested in the New Zealand market at the moment because prices here are too low.
NZ will talk up markets and forestry at Cancun
29 Oct 2010
Carbon markets and forestry accounting rules will be top of New Zealand’s agenda at Cancun.
We seem to have got ETS right, says Smith
29 Oct 2010
Climate Change Issues Minister Nick Smith says the fact that he’s being told the Emissions Trading Scheme is both too weak and too harsh probably means it is about right.
Frankly speaking - Groser addresses Brazil conference
29 Oct 2010
The challenges of life as an international climate change negotiator have been revealed.
EVENT: Carbon Forum Asia 2010 - on now in Singapore
29 Oct 2010
Of the 2414 CDM (Clean Development Mechanism) projects to date, 77.6 per cent or 1875 are registered in Asia, representing a total of more than 360 million CER (Carbon Emissions Reduction) units.
NZ interest growing in CERs
29 Oct 2010
Spot NZU prices continue to trade in a band between $19.70 and $20.10, Westpac reports.
Sealord looks at ways to ease ETS costs
22 Oct 2010
Fishing giant Sealord is talking to its quota suppliers about how it can help to ease the financial impact of the Emissions Trading Scheme.
Carbon trade transparency key, says manager
22 Oct 2010
The carbon market needs to develop with predictable, transparent practices, says an electricity sector manager involved in buying forward carbon.
Manuka gets more muscle as a carbon crop
22 Oct 2010
Manuka has just become twice as attractive as a carbon crop.
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
Today 11:30am
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
Fri 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
Today 11:30am
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
Today 11:30am
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?
Today 11:30am
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
Fri 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
Fri 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
Today 11:30am
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
Fri 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
Fri 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
Fri 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
Today 11:30am
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.
