Topics tagged with 'Emissions trading'
Why farming chief is turning his back on $30,000
16 Apr 2010
Federated Farmers boss Don Nicolson says he’s not interested in claiming carbon credits for his forest.
Indecision could fuel huge power price rises
16 Apr 2010
Australians’ power bills are set to treble by 2020 under government policies, yet the country will still fail to meet the government's most cautious emissions targets, one of the country's biggest generators has warned.
Latest prices and offers looking for bids
13 Apr 2010
Latest emissions unit prices and offers looking for bids.
ETS delay comes at a cost, warn foresters
9 Apr 2010
Delaying the emissions trading scheme would cost the country more in the long run, say forest owners.
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.
Farm-level emissions cuts possible, but almost everything stands in the way
18 Dec 2025
By Shannon Morris-Williams | Progress to slash farming emissions is being blocked by limited farmer confidence in mitigation tools, inconsistent engagement, misinformation and a lack of clear policy signals, according to a new report.
State-owned farmer drives profit growth with emissions reductions
19 Dec 2025
By Pattrick Smellie | Government-owned Landcorp, trading as Pāmu, is one-third of the way to meeting its 2031 emissions reduction targets, with five years left to run to cut greenhouse gas emissions by 30.3% against 2021 emissions.
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.
‘Cali Fund’ aiming to raise billions for nature receives first donation – of just $1,000
16 Dec 2025
A major biodiversity fund – which could, in theory, generate billions of dollars annually for conservation – received its first donation of just $1,000 in November.
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.
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.
Seven quiet wins for climate and nature in 2025
19 Dec 2025
This year's environmental backdrop is familiar: emissions are rising and nature is continuing to decline. But there have nevertheless been bright spots in 2025.
Govt unveils plans for carbon storage regulations – and ETS rewards
18 Dec 2025
By Liz Kivi | The Government has released plans to regulate carbon capture and storage in natural geological formations, which include Emissions Trading Scheme incentives, with the aim of introducing related legislation in 2026.
Global coal demand hit record high this year but is set to decline by 2030
18 Dec 2025
Global coal demand reached a record high in 2025 but is expected to decline by 2030 as renewables, nuclear power and abundant natural gas squeeze its dominance in power generation.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
RMA’s successors hinge on two untested bets
17 Dec 2025
Two ideas sit at the heart of the Government’s replacement for the Resource Management Act: regulatory relief and spatial planning.
India at COP30: A mismatch between grandstanding and climate action
11 Dec 2025
Despite India’s attempt to anoint itself as the leader of the developing world, at the COP30 summit, New Delhi’s track record remains contradictory.
NZ hydrogen regulation to catch up with the world
18 Dec 2025
By Pattrick Smellie | The government has announced a regulatory reset for New Zealand’s emerging clean tech hydrogen sector.
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.
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.
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.
Hydrogen emissions are ‘supercharging’ the warming impact of methane
19 Dec 2025
The warming impact of hydrogen has been “overlooked” in projections of climate change, according to authors of the latest “global hydrogen budget”.
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.”
Westpac NZ announces partnership to form Blue Economy hub in Nelson
17 Dec 2025
Media release | Westpac NZ has announced a new three-year partnership with the Nelson Regional Development Agency and Kernohan Engineering to help accelerate the development of a sustainable marine economy – also known as the blue economy.
NZ ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister
12 Dec 2025
By Liz Kivi | Vanuatu’s Climate Change Minister, Ralph Regenvanu, says New Zealand restarting fossil fuel exploration and subsidies is an obvious breach of international law, exposing the country to international and domestic litigation.
Govt slammed for weakening methane target
15 Dec 2025
By Shannon Morris-Williams The Government has pushed through legislation under urgency to almost halve New Zealand’s 2050 methane target – a move Opposition parties say disregards scientific advice, breaks the country’s hard-won political consensus on climate action, and shifts the burden of higher warming and higher future costs onto the next generation.
COP30 microcosm of difficult geopolitics, says Vanuatu's Climate Minister
15 Dec 2025
By Liz Kivi | Despite ‘intransigent’ states blocking multilateralism and a disappointing official outcome, Vanuatu’s Climate Change Minister Ralph Regenvanu says he left the COP30 climate summit feeling more positive than after previous UN climate conferences.
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.
Insurers welcome govt decision to keep NHC levy unchanged
21 Nov 2025
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.
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.
Three Greenpeace activists removed by police from Fonterra
17 Dec 2025
Media release | Three Greenpeace activists were removed by police from Fonterra’s downtown Auckland offices, following a protest on Monday at the Shareholders’ Fund meeting over the corporation’s role in the contamination of rural communities’ drinking water.
Oil and gas majors would create $78bn more value by stopping exploration
11 Dec 2025
Media release | Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development, according to new analysis released today by ACCR.
Wetlands and biodiversity at risk as mining rules loosen: Greenpeace
19 Dec 2025
By Shannon Morris-Williams | Greenpeace says Government changes to national direction instruments under the RMA paves the way for mining in wetlands and biodiversity hotspots and will expose some of Aotearoa’s most fragile ecosystems to irreversible damage.
NZ could become ‘dumping ground’ for dirty vehicles: Commissioner
16 Dec 2025
By Liz Kivi | Simon Upton, Parliamentary Commissioner for the Environment, has warned the Government that its changes to the clean car standard could turn the country into a dumping ground for high emitting cars, making future emissions budgets harder to achieve.
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.
Offshore windfarms enhance function of coastal waters and diversity of aquatic life
19 Dec 2025
Media release | A study conducted by researchers from Murdoch University in Australia and Dalian Ocean University in China has found that offshore windfarms can improve marine ecosystems and diversify aquatic food chains.
‘A shift no country can ignore’: where global emissions stand, 10 years after the Paris climate agreement
16 Dec 2025
The watershed summit in 2015 was far from perfect, but its impact so far has been significant and measurable.
Govt consulting on Pacific Resilience Facility
12 Dec 2025
The Foreign Affairs, Defence and Trade Committee is calling for submissions on its international treaty examination of the Agreement to Establish the Pacific Resilience Facility.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
KiwiRail pauses coal trains amid rising climate protests
9 Dec 2025
By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.
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.
Could tidal energy one day power NZ?
18 Dec 2025
By Shannon Morris-Williams | New research suggests Aotearoa holds some of the world’s strongest tidal-stream energy potential – enough to generate up to 93% of today’s electricity use – but one expert cautions that extracting energy at such a scale could have significant impacts and remains highly uncertain.
NZ could lose nearly all glaciers this century without stronger climate action
16 Dec 2025
New Zealand could see 97% of its glaciers vanish by 2100, with new international modelling projecting a rapid acceleration in glacier extinction from the 2030s onward – even under lower-warming scenarios.
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.
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.
The surprisingly convincing case against cars
19 Dec 2025
Life After Cars dares to imagine how different, and enriching, a car-free world could be.
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.
Heatwaves, downpours and droughts – Auckland on track for more extreme weather
1 Dec 2025
By Shannon Morris-Williams | New projections show Auckland will face more heatwaves, heavier downpours, worsening droughts and growing coastal threats as climate extremes intensify, according to a new report from Earth Sciences New Zealand.
NZ just had its hottest spring in at least 116 years
10 Dec 2025
By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.
Media round-up
12 Dec 2025
In our round-up of climate coverage in local media: Another offshore wind firm exits New Zealand over a clash with seabed mining; Fonterra falls behind on its climate goals as farm emissions remain flat; and the businesses trapped by the gas 'death spiral'.
