Topics tagged with 'Emissions trading'
Wind power plays key role in Trade Me cuts
15 Oct 2010
Wind power and a few tonnes of gases given off by a city rubbish dump have allowed Trade Me to go carbon neutral.
Forest owners might get a carbon bonus
15 Oct 2010
Forest owners could be entitled to more carbon credits than they get now if the Government adopts a new system of working out carbon sequestration levels.
Envious Aussies want action on carbon trading
15 Oct 2010
Interest in carbon trading is so strong in Australia that a New Zealand trader is predicting a price on carbon will be in place before the next Federal election.
Europe claims victory for aviation role in ETS
15 Oct 2010
The European Union claims the way is now clear for its plans to include aviation in the EU Emissions Trading Scheme from 2012 following an agreement at a meeting in Montreal.
Melbourne home to carbon market institute
15 Oct 2010
Melbourne will be home to the Australian Carbon Market Institute, giving the city the advantage to become a major centre for carbon market business in the Asia-Pacific region.
Current situation not ideal, but outlook for buyers positive
15 Oct 2010
There has been light trade in NZUs this week with buyers continue to wait for further issuance to the pre-1990 forestry allocation, Westpac reports.
Miner vows customers will benefit from free credits
8 Oct 2010
Solid Energy says it will pass the benefits of its free carbon credits on to customers.
New planting rules could cost forest owners
8 Oct 2010
New environmental rules for commercial forests could leave owners with a carbon liability.
EVENT: Carbon Forum Asia, Singapore, October 27-28
8 Oct 2010
As the world intensifies its preparation for the end of the Kyoto Protocol in 2012, Carbon Forum Asia returns to Singapore, setting the stage for continued global conversation on the future of climate challenge abatement.
Demand building, but little evidence of increased prices
8 Oct 2010
The Mexican stand-off between buyers and sellers continues, Westpac reports.
Free credits now in the hands of industrial emitters
1 Oct 2010
Free carbon credits have been issued to industrial users.
Poor leadership means NZ's a climate change flop
1 Oct 2010
New Zealand’s performance on climate change has been given a fail mark – and the blame is being laid at the feet of our political and business leaders who "continue to live high-emission lifestyles".
ETS changes leave Kiwis with $820m Kyoto bill
1 Oct 2010
Changes to the Emissions Trading Scheme will leave the public with an $820 million deficit for the first commitment period of the Kyoto Protocol.
Former MP heads agriculture advisory group
1 Oct 2010
Former National Party MP Katherine Rich is to head the group advising the Government on the rules governing agriculture’s entry to the Emissions Trading Scheme.
ETS in full swing as last bits tidied
1 Oct 2010
With the passing of eight sets of regulations to bring in remaining sectors, the Emissions Trading Scheme is effectively now fully implemented, says Buddle Findlay senior associate Alastair Camereon.
Mexican stand-off in market, says Westpac
1 Oct 2010
The NZU market has ground to a halt, with light trade in small parcels occurring this week, Westpac reports.
Market awaits flow of new fishing carbon credits
24 Sep 2010
The fishing industry is moving to sell its allocation of NZUs in large parcels.
Combet admits carbon tax an option
24 Sep 2010
Australian Climate Change Minister Greg Combet has given a clear sign the Government is prepared to consider introducing a carbon tax.
Coal comfort: New climate minister vows support
17 Sep 2010
Australia's new climate change minister, former coal engineer Greg Combet, has been quick to reassure the country's coal mining industry of its vital role in the country's economy.
… but major miner says to look beyond coal
17 Sep 2010
Australia should ''look beyond coal'' and toward other energy sources, says the head of the world’s largest miner, BHP Billiton.
Owners await NZU allocations
10 Sep 2010
Owners of pre-1990 forests have applied for NZUs, but so far none have reached the market.
Forest owners call for roadshow encore
10 Sep 2010
Government officials are considering taking their Emissions Trading Scheme roadshow on the road again – this time for the owners of post-1989 forests.
Early Greens pressure could see an Aussie ETS
10 Sep 2010
Australia is now much more likely to introduce a price on planet-warming carbon pollution after support by independents and Greens returned the Labor Party to office this week.
Euronext to expand carbon trading to US, Asia
10 Sep 2010
NYSE Euronext plans to expand its carbon-trading business from Europe to the US and Asia through a joint venture that sets up a three-way battle among exchanges to expand a once-promising market whose fortunes have waned in recent months.
UK launches investor forum to spur green finance
10 Sep 2010
The British government has launched an initiative to unlock new investment in low-carbon technologies and make London a global hub for green finance.
Pressure builds to change ETS obligation rule
3 Sep 2010
Some companies are buying carbon credits to offset the cost of carbon in fuel and energy as pressure builds to change the rules over who is responsible under the Emissions Trading Scheme for accounting for carbon.
Mighty River likes look of carbon market
3 Sep 2010
Mighty River Power says it has ideas that could see its involvement in the carbon market stretch beyond buying credits to offset its own liabilities.
We pay $11m too much, say major power users
3 Sep 2010
The Emissions Trading Scheme is costing large commercial electricity users $11 million a year more than it should, the Major Electricity Users Group claims.
India to start market-based carbon trading
3 Sep 2010
India will soon start a market-based emission trading system to check industrial pollution, Environment Minister Jairam Ramesh has announced.
Traders demand EU act to bolster market
27 Aug 2010
European carbon market traders have called on the European Union to act now to inject some much needed confidence into the market.
EVENT: Carbon Forum Asia 2010: October 27-28, Singapore
27 Aug 2010
As of July 2010, the United Nations Framework on Climate Change Convention has registered more 2300 CDM (Clean Development Mechanism) projects globally, an increase of more than 35 per cent over a year ago.
Supply light on local market
27 Aug 2010
This week we have seen prices trading between $18.40 and $18.75, Westpac reports.
Quota owners slow to hook carbon accounts
20 Aug 2010
Fewer than half of the owners of fishing quota have taken the crucial step of opening accounts on the New Zealand Emissions Unit Register.
The Carbon Traders 4: Richard Hayes, EITG
20 Aug 2010
Richard Hayes’ experience in technology and interest in environmental offsetting are combining to do good things.
Trade in NZUs remains light
20 Aug 2010
This week we have seen NZU prices trading between $18.35 and $18.75, Westpac reports.
Kiwi ETS wins minister a rare bouquet
13 Aug 2010
Climate Change Issues Minister Nick Smith has had an unusual experience this week – he’s being feted for the Emissions Trading Scheme.
What Nick Smith said to transtasman business leaders
13 Aug 2010
This week Climate Change Issues Minister Nick Smith spoke at the 6th annual Climate Change and Business Conference, being held in Sydney. This is what he said:
The Carbon Traders 3: Wayne King, Carbon Market Solutions
13 Aug 2010
Wayne King has been behind some of the biggest carbon deals in New Zealand, but he got into the business almost by accident.
Tasman challenge: Cut emissions by 15 per cent
13 Aug 2010
Australia and New Zealand can cut their greenhouse gas emissions by at least 15 per cent by 2020 in economically beneficial ways, say business leaders at the 6th Australia-New Zealand Climate Change and Business Conference in Sydney.
Meridian to build huge Aussie wind farm
13 Aug 2010
Meridian has done another deal to build a wind farm in Australia.
Local trading picks up
13 Aug 2010
While trade remains relatively light, there has been an increase in trading activity this week, Westpac reports.
How to avoid emissions reporting penalties
6 Aug 2010
Businesses entering the Emissions Trading Scheme should minimise the risk of heavy penalties for getting it wrong by getting their systems approved by officials, a lawyer is warning.
Fuel prices mainly unaffected by ETS
6 Aug 2010
Retail fuel prices remained virtually unchanged during July, despite the introduction of the Emissions Trading Scheme, says a petrol-price watchdog.
Farm leader angers 'foreign-owned' foresters
30 Jul 2010
Federated Farmers have drawn the ire of foresters with a claim that “foreign-owned” forestry companies could destroy New Zealand’s rural economy by turning farmland into carbon forests.
Credits due for pre-1990 forests
30 Jul 2010
Owners of pre-1990 forests can start applying for carbon credits from Sunday.
The Carbon Traders 1: Nigel Brunel, OMFinancial
30 Jul 2010
Nigel Brunel is not a typical greenie. In fact until recently, he would probably have been insulted to be called one. But then he discovered carbon, and started thinking about how putting a price on greenhouse gases could really change the world.
We want emissions trading, say Aussies
30 Jul 2010
Most Australians are not pleased that they don’t have an emissions trading scheme.
No country for farmers? ... what Federated Farmers said on carbon forestry
30 Jul 2010
Twenty per cent of New Zealand's sheep and beef farms could be replaced by oxymoronic 'carbon forestry', if the ambitions of foreign owned carbon foresters and the Government are realised.
Trade light in NZUs
30 Jul 2010
There has been light trade in NZUs this week, with trades occurring in a tight range between $18.20 and $18.55, Westpac reports.
Nitrogen trading noticeboard starts for Taupo catchment
23 Jul 2010
Environment Waikato has established a new internet-based trading noticeboard for farmers wishing to buy, sell or lease nitrogen under the new Variation 5 policy to protect Lake Taupo.
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.
