Topics tagged with 'Emissions trading'
Solid Energy lawyers check out free credits
9 Apr 2010
Solid Energy is investigating whether it qualifies for free credits under the emissions trading scheme.
Air NZ looks at using CAP to cover emissions
9 Apr 2010
Air New Zealand is considering using the government CAP to account for its greenhouse gas emissions.
Forest owners flood ministry with returns
9 Apr 2010
The number of forest owners filing carbon emissions returns is up ten-fold on last year.
Tokyo kicks off Asia’s first trading scheme
9 Apr 2010
Plans for a national Japanese emissions trading scheme might still be mired in confusion, but that has not stopped Tokyo winning the race to launch Asia's first carbon trading initiative.
Washington simmers over proposed US fuel tax
9 Apr 2010
A row is brewing in Washington over whether revenue raised through a proposed tax on road fuel should be spent on low carbon projects.
EU carbon auctions to limit pain for exchanges
9 Apr 2010
A plan to auction European Union carbon-dioxide allowances for the third phase of the bloc’s emissions trading market will limit the “negative impact” on existing exchanges and brokers, the regulator said.
Govt stays silent over future of ETS
1 Apr 2010
The Government appears to have gone to ground over rumours it is considering postponing the entry of heavy emitters into the emissions trading scheme.
Govt betrayed us, say angry fishermen
1 Apr 2010
Commercial fishermen facing big rises in their fuel bills from the emissions trading scheme say they have been betrayed by the National government that has taken millions of dollars worth of compensation off them and given it to quota holders.
Land lies idle as foresters fear conversion
26 Mar 2010
Thousands of hectares of recently deforested land is lying fallow because under the emissions trading scheme owners can’t afford to convert it to other uses.
Coal users count the cost - but how much?
26 Mar 2010
Coal users are about to find out just how much carbon could cost them.
Why Gull is happy to use NZ emissions scheme
26 Mar 2010
Gull Energy says the New Zealand emissions trading scheme is a good dry run for what might happen in Australia.
KiwiRail on track to operating green
26 Mar 2010
KiwiRail is out to make the most of its natural advantage as an environmentally friendly transport operator.
Insurer backs off forest-damage protection
19 Mar 2010
Insurer NZI has put on hold plans to offer forest owners protection against accidental carbon loss while it waits for the carbon market to bed in.
Obama looks at carbon trading shortcut
19 Mar 2010
The Obama administration is considering a carbon-trading system under existing law if the US Congress doesn't pass cap-and-trade legislation that allows companies to buy and sell the right to pollute, a US Environmental Protection Agency official said.
EXCLUSIVE: Why it's not worth planting trees
12 Mar 2010
A consultant is calling on the Government to underwrite the risk of accidental harvest of trees and to guarantee forest owners a minimum price for carbon under the emissions trading scheme.
Thanks from Carbon News: 41 million-plus pages and counting!
12 Mar 2010
Carbon News is celebrating its second anniversary.
ETS first step will push inflation, says bank
12 Mar 2010
The entry of the first wave of emitters into the emissions trading scheme will push up inflation, the Reserve Bank predicts.
Broker moving carbon desk to Auckland
12 Mar 2010
OMFinancial is moving its carbon desk to Auckland.
Report lists 10 ‘fat cats’ getting rich from carbon
12 Mar 2010
Windfall profits from Europe’s system for trading industrial carbon quotas could discourage big regional polluters from doing anything to curb emissions.
EU might cancel carbon auctions if price too low
12 Mar 2010
As part of a plan to centralise carbon emissions allowances auctions, the European Union might suspend auctions if allowance prices fall “abnormally low,” according to the World Business Council for Sustainable Development.
Foresters begin to see wood for the trees
5 Mar 2010
Forest owners hope that they will soon have clarity around the way in which carbon credits will be allocated for pre-1990 forests.
Beehive still working through carbon free list
5 Mar 2010
The Government is still working out just which industrial activities will qualify for free carbon credits under the emissions trading scheme.
UK adviser calls for carbon tax on China
5 Mar 2010
Britain should consider a carbon tax on imports to help struggling manufacturers, according to one of the government's key advisers, despite fears such a measure could lead to a global trade war.
Uncertainty dries up Aussie carbon market
5 Mar 2010
The carbon market in Australia has come to a complete halt since the Labor Government announced last May that it would delay the introduction of emissions trading.
Others dither, but NZ certain about ETS
26 Feb 2010
The Government says it is committed to pressing ahead with the emissions trading scheme, despite uncertainty over whether two of our major trading partners will adopt cap-and-trade schemes.
Burning southern forest shows up carbon risk
26 Feb 2010
A forest fire burning near Dunedin is highlighting the risk of natural disasters to carbon.
Have your say on forest credits allocations
26 Feb 2010
Submissions open today on the way in which carbon credits will be allocated for pre-1990 forests.
Aussie trading scheme bogs down again
26 Feb 2010
The Australian government's emissions trading scheme is again bogged down in parliament and now might not go to a vote in the Senate until May.
Australia under fire for $60b China coal deal
19 Feb 2010
Environmental activists are attacking a $60 billion deal that will keep Chinese power stations supplied with Australian coal for at least the next two decades.
Korea floats carbon tax plan ... among others
19 Feb 2010
The Korean government is studying ways to introduce a carbon tax and other strong measures to reduce carbon emissions.
Key carbon credits submissions close today
12 Feb 2010
Submissions on the way in which free carbon credits will be shared out close today.
Carbon changes face of forest economics, says scientist
12 Feb 2010
Factoring carbon into forest finances dramatically alters economic viability, according to research by one of the founders of the emissions trading scheme.
Wind grows share of power generation
12 Feb 2010
Wind generation capacity in New Zealand grew by more than 50 per cent last year and now provides more than 3 per cent of New Zealand's power.
Rudd’s ETS heads for the Senate … again
12 Feb 2010
The Australian Government’s embattled emissions trading scheme is on its way back to the Senate for a third time.
City forester trebles profits with sale of credits
5 Feb 2010
A forestry company has sold Kyoto carbon credits for three times the amount of its 2009 profit.
Country on alert as scammers steal carbon units
5 Feb 2010
The New Zealand carbon registry is issuing warnings to members after the theft of nearly $6 million worth of carbon units in an international email scam.
Rudd and Abbott trade blows over climate schemes
5 Feb 2010
Australian Prime Minister Kevin Rudd has seized on an admission by a top economist commissioned to cost Opposition leader Tony Abbott's rival climate change plan that the country needs an emissions trading scheme.
No submissions as allocations deadline looms
29 Jan 2010
No submissions have been made on the crucial regulations governing the allocation of free carbon credits to trade-exposed industries.
Blame weak ETS on big business, says Fitzsimons
29 Jan 2010
New Zealand business has effectively prevented the country taking real action on climate change, says the country’s leading Green politician.
Wanted: New chief for big boys' lobby group
29 Jan 2010
The Greenhouse Gas Coalition wants a new executive director.
Australia presses on with 5% reduction target
29 Jan 2010
The Australian Government has committed to introducing an emissions trading scheme with a floating carbon market in 2012 regardless of what the rest of the world does to cut greenhouse gas emissions.
Aussie Greens want $20b carbon tax to break ETS impasse
22 Jan 2010
The Australian Government has been asked by the Greens to back a $20 billion interim carbon tax proposal to start cutting greenhouse gas emissions.
Treasury gave thumbs down to ETS intensity-based scheme
18 Dec 2009
Treasury told the Government not to adopt an intensity-based scheme for the allocation of free carbon credits to heavy emitters.
Countries suspicious of verification checks
18 Dec 2009
The verification of carbon reduction is emerging as a sticking point between the United States and China.
NZ pours $45m into global research fund
18 Dec 2009
New Zealand will put $45 million towards the Global Research Alliance on agriculture greenhouse gases over the next four years.
UN shuts clean coal out of emissions trading
18 Dec 2009
The clean-coal industry has been shut out of the global emissions trading scheme at the Copenhagen climate change talks, dealing a blow to the UK, US and Australia.
Forest owners gear up to sell Kyoto credits
11 Dec 2009
Forest owners are making moves to start selling this year’s Kyoto credits as market interest picks up.
UK’s richest man could pocket £1bn from trading
11 Dec 2009
Britain’s richest man, Lakshmi Mittal, majority owner of steel giant ArcelorMittal, could make more than £1 billion over the next two years from the European Union’s emissions trading scheme.
Carbon fraudsters rake in billions, say police
11 Dec 2009
Tax fraudsters have targeted the European Union’s carbon emissions trading system, pocketing about five billion euros, the Europol police agency says.
NZ does quick ETS rules patch-up after Aussie collapse
4 Dec 2009
The collapse of Australia’s proposed emissions trading scheme leaves New Zealand without a set of rules for the allocation of free credits to trade-exposed heavy emitters.
Governments must vote in favour of moratorium on deep sea mining
Tue 29 Jul 2025
Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.
Does NZ need a national incentive scheme for wetlands?
25 Jul 2025
By Liz Kivi | An expert is calling for a national incentive programme to restore New Zealand’s wetlands and wants to stop schemes to drain these vital carbon-sequestering ecosystems.
NZ Post drops science-based climate target
8 Jul 2025
By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.
Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns
18 Jul 2025
Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.
Challenges persist in bid to mine the deep sea, even after boost from Trump
Tue 29 Jul 2025
After years of delay, the deep-sea mining plans of Canadian firm The Metals Company (TMC) now appear to be progressing as it pursues a controversial new path to securing a license to mine in international waters under U.S. jurisdiction.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
Carbon prices slide as market awaits ETS decision
Fri 1 Aug 2025
By Liz Kivi | Volatility has returned to the secondary carbon market, with prices sliding again after plateauing in recent weeks, as the market waits for government decisions on Emissions Trading Scheme settings.
The US is sitting out the most consequential climate summit in a decade. It may offer a victory to China
Fri 1 Aug 2025
The Trump administration fired the last of the US climate negotiators earlier this month, helping cement America’s withdrawal from international climate diplomacy. It may also have handed a huge victory to China.
Bearish sentiment lingers for carbon market
11 Jul 2025
By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.
Coal use drove recent emissions increase
Fri 1 Aug 2025
Increased use of coal for electricity generation was a large driver for an increase in New Zealand’s greenhouse gas emissions in the last quarter.
Is extending Huntly power station to 2035 in consumers’ best interest?
22 Jul 2025
By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?
What does 'drier' really mean in 'green' homes?
Fri 1 Aug 2025
Media release - Waipapa Taumata Rau, University of Auckland | Researchers say green-rating systems could improve clarity and effectiveness by explicitly defining ‘drier’ and using two measures of humidity.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
Bill to restart oil and gas exploration clears final hurdle
Fri 1 Aug 2025
By Shannon Morris-Williams | The government’s Crown Minerals Amendment Bill is set to become law after passing its third reading in parliament last night, with critics calling it humiliating for the climate minister and an embarrassment to New Zealand's international reputation.
Key orange roughy population on verge of collapse, govt considers closure
9 Jul 2025
Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.
Warmer than usual weather ahead, wetter in north and east, as La Niña signals strengthen
Fri 1 Aug 2025
Media release – Earth Sciences New Zealand | Seasonal Outlook Climate August to October 2025 suggests warm, damp weather, with La Niña’s possible return.
Latest trawl bycatch numbers 'a grim wake-up call'
24 Jun 2025
Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.
Wilding pines threaten Molesworth Station
Mon 28 Jul 2025
By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.
Last minute change to oil and gas legislation over cleanup costs
Thu 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.
A modest geothermal strategy
Thu 31 Jul 2025
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
European Central Bank to consider 'climate factor' when lending to banks
Thu 31 Jul 2025
The European Central Bank will add climate change considerations to its lending operations from late 2026, raising pressure on banks to channel financing towards greener sectors as the euro zone seeks to reduce its carbon footprint.
NZ part of hidden global deep-sea network beneath the waves
25 Jul 2025
Media release - Earth Sciences New Zealand | A world-first study of marine life, including sea creatures found in New Zealand's dark, cold, pressurised ocean depths, has revealed that deep-sea life is surprisingly more connected than previously thought.
‘Ideological sludge’: How NZ is quiet quitting climate action
17 Jul 2025
New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.
Watts talks big on energy reform, but barriers persist
29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
Hiringa eyes green methanol plant near Whanganui
Tue 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.
Climate catastrophes are creating a ‘new market reality’ for insurance carriers
23 Jul 2025
Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Multi-day protest continues at coal mine
Wed 30 Jul 2025
Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.
Fund for low emissions transport winds up
Thu 31 Jul 2025
New Zealand’s Low Emission Transport Fund has officially wrapped up, ending a nine-year programme that put hundreds of millions of dollars towards accelerating the country’s shift to cleaner transport.
Urgent action needed to get on track for climate goals - commission
25 Jul 2025
By Shannon Morris-Williams | New Zealand is making progress on reducing greenhouse gas emissions, but more work is needed – urgently – to set up for future reductions, according to the latest report from the Climate Change Commission.
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.
Toxic algae are turning South Australia’s coral reefs into underwater graveyards
Tue 29 Jul 2025
Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline.
NZ govt’s fossil fuel plans could break international law
24 Jul 2025
By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.
Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’
11 Jul 2025
In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.
‘Total infiltration’: How plastics industry swamped vital global treaty talks
Mon 28 Jul 2025
Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet.
Activists sue US development bank over $4.6bn loan to massive Mozambique gas project
18 Jul 2025
Environmental groups claim loan is ‘unlawful’ in legal filing.
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.
Tilting at windmills? Trump’s claims about turbines fact-checked
Thu 31 Jul 2025
The US president has taken a swipe at wind power as the blades visible from his Turnberry golf course turn.
Ocean heatwaves may signal climate tipping point
25 Jul 2025
A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.
Climate groups want UK wealth tax to make super-rich fund sustainable economy
17 Jul 2025
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.
Can robot taxis solve NZ's transport woes?
23 Jul 2025
By Shannon Morris-Williams | The Ministry of Transport has tested the idea of driverless taxis as a futuristic fix. But while new modelling explores how "robotaxis" could ease congestion and reduce car ownership, critics say it misses a crucial point – the country’s worsening transport emissions.
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
EV sales fall, but it’s complicated
Tue 29 Jul 2025
Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.
The ICJ’s ruling means Australia and other major polluters face a new era of climate reparations
25 Jul 2025
By Harj Narulla | OPINION: Australia has found itself on the wrong side of history.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
The struggle for control of the Arctic is accelerating - and it's riskier than ever
11 Jul 2025
As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.
NZ voluntary carbon market’s sad state
14 Jul 2025
By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.
For the first time, China invests more in wind and solar than coal overseas
29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
