Topics tagged with 'Emissions trading'
Smith hopes ETS will please everyone
21 Aug 2009
The Minister for Climate Changes Issues has told business leaders he hopes for a settled emissions trading scheme attracting broad political sign up.
Agriculture bogs down bipartisan ETS deal
14 Aug 2009
Talks between National and Labour over a bipartisan agreement on an emissions trading scheme are thought to be breaking down over agriculture.
Cap-and-ban could kill carbon market, warns broker
14 Aug 2009
An artificial cap on carbon prices and a ban on international sales of New Zealand credits will effectively kill the development of the carbon market, says trader Nigel Brunel.
Business warns extra assistance to emitters could equal another round of tax cuts
14 Aug 2009
Adjusting assistance to large emitters in New Zealand to Australia's proposed levels could cost the equivalent of another round of tax cuts.
Wind energy key to cutting electricity emissions
14 Aug 2009
Reducing greenhouse gas emissions from the electricity sector will be vital in reaching the government’s 2020 reduction target, but policy certainty is needed urgently, says the New Zealand Wind Energy Association.
Australia’s ag-carbon could be bigger than coal
14 Aug 2009
Australia could develop a trade in agricultural carbon offsets to the United States worth more than the nation's current global coal exports - but not if agriculture is covered by an emissions trading scheme, says an international carbon trading expert.
North American leaders promise a low-carbon future
14 Aug 2009
The leaders of the United States, Canada and Mexico have vowed to forge a "low-carbon North America.”
Tree-planting key to meeting target, says expert
10 Aug 2009
New Zealand can achieve a significant proportion of its 2020 emission reduction target by planting trees – and generate $375m a year in carbon credits, says a forestry expert.
ANALYSIS: Now it comes down to the ETS deal for agriculture
10 Aug 2009
The Government has pretty cunningly positioned itself in its first emissions reduction target offering.
BUSINESS LEADERS: Target will have to rise later
10 Aug 2009
The Government’s opening offer to reduce New Zealand’s greenhouse gas emissions by 10 per cent to 20 per cent by 2020 will need to be improved during coming international negotiations, says the New Zealand Business Council for Sustainable Development.
Companies must take care with carbon-neutral claims
7 Aug 2009
Companies wanting to market themselves as carbon-neutral are being warned not to rely on the emissions trading scheme for their green credentials.
ETS unsettled as NZ packs for Bonn talks
7 Aug 2009
The future of New Zealand’s emissions trading scheme remains up in the air as the Government heads to the Bonn climate change talks.
You’re not alone – UN climate chief comforts Australia
7 Aug 2009
Australia is not at risk of going it alone on climate change by committing to emissions reduction targets before a global summit later this year, UN climate change chief Yvo de Boer says.
Most New Zealanders want 20-plus emissions reduction target
7 Aug 2009
Almost half of New Zealanders want the Government to set a target to cut greenhouse gas emissions by 20 per cent or more by 2020.
Carbon potential huge, says multi-million dollar seller
31 Jul 2009
The man behind a multi-million dollar sale of New Zealand forestry credits to Europe says that carbon is potentially a major export and could make up to 80 per cent of forestry company revenue.
Fletcher urgently wants ETS answers
31 Jul 2009
Fletcher Building wants the Government to urgently determine the carbon credit allocation for large businesses so that it can plan for any potential costs arising from an emissions trading scheme.
France faces internal fight over carbon tax
31 Jul 2009
France should aim to introduce a tax on carbon dioxide emissions by 2010 to help to fight global climate change, says a panel advising the government.
Forum: Cool heads still needed on global warming
31 Jul 2009
We're less wealthy than Australia is, so should be setting a lower emissions reduction target, says Business Rountable executive director Roger Kerr.
Costs of emissions cuts most likely overstated - report
31 Jul 2009
A carbon price of $100 to $200 per tonne is being assumed to generate estimates that New Zealand households will face a $3000-a-year bill for cutting emissions by 15 per cent, says the Business Council for Sustainable Development.
Business backs 20% emissions cut target
31 Jul 2009
The New Zealand Business Council for Sustainable Development has advised the Government to set a unilateral target to cut greenhouse gas emissions by 20 per cent by 2020.
No new tree planting under this Parliament, say Kyoto forest owners
31 Jul 2009
Climate Change Minister Nick Smith is "badly misreading commercial and economic realities" if he thinks the Government's planned changes to the Emissions Trading Scheme will lead to the private sector resuming tree planting, the Kyoto Forestry Association says.
ETS in place by December, says Smith
31 Jul 2009
The Government aims to have an amended emissions trading scheme in place by December.
Minister’s political games on climate are off target, say Greens
31 Jul 2009
The Green Party has accused the Government of playing politics with the most significant threat ever to our economy and our environment while ignoring the obvious practical solutions.
Labour urges boldness on carbon pollution reduction target
31 Jul 2009
It is better to be bold than to be timid when setting New Zealand's 2020 carbon pollution reduction target, says Labour's Climate Change Issues spokesperson Charles Chauvel.
Our ag emissions in the spotlight, says minister
24 Jul 2009
Europe and Britain are watching New Zealand’s efforts to mitigate agricultural emissions, says Agriculture Minister David Carter.
Forum: Excluding agriculture from ETS neither principled nor smart
24 Jul 2009
New Zealand asking to exempt agriculture from the scheme to replace the Kyoto Treaty, is as credible as Saudi Arabia asking for the exemption of oil.
Government misreading public mood for free ride for agriculture?
24 Jul 2009
There appears to be little public tolerance for a freer ride for agriculture under New Zealand's ETS, despite a Ministerial claim to the contrary.
Unique online consulation confirms multi-party deal desire
24 Jul 2009
The Government's unique online consultation on New Zealand's emissions target took 70 minutes and six seconds.
NZ House told to green up its act
24 Jul 2009
The EU’s impatience at New Zealand dragging its feet on implementing the ETS scheme has taken concrete form - NZ must pay to double-glaze its energy-inefficient High Commission building in London.
Gold Coast Convention & Exhibition Centre 26 - 28 October 2009
24 Jul 2009
The hosts of Carbon Market Expo Australasia 2009 are pleased to announce Macquarie Bank and Baker & McKenzie as Diamond Sponsors of Carbon Market Expo Australasia 2009.
Groser: Something will come from Copenhagen
17 Jul 2009
The Copenhagen climate change negotiations are unlikely to come up with a ratifiable agreement but will produce some sort of agreement, says Associate Climate Change Minister Tim Groser.
ETS review body eyes Government line
17 Jul 2009
The emissions trading scheme review committee is keeping quiet about when it will release its findings - but is aligning with the Government behind the scenes.
Low carbon: How Britain plans to do it
17 Jul 2009
In its low carbon transition white paper, the British government sets out how it intends to meet its binding carbon budget across all sectors.
Maori Party might support Nats' ETS changes
14 Jul 2009
The Maori Party will today ask iwi leaders whether it should support the National Government’s changes to the emissions trading scheme – potentially giving it the majority it needs in Parliament.
Maori want more reasearch on emissions impact
14 Jul 2009
Iwi leaders meeting the Government in Ngaruawahia this morning are expected to call for more research and analysis on the likely impact on Maori of the Government’s 2020 emissions reduction target.
Reluctant farmers ready to set reduction target
14 Jul 2009
Federated Farmers will set its policy on New Zealand’s 2020 emissions reduction target later this week - but the federation is still holding out for the emissions trading scheme to be scrapped.
Get on with it, Gore tells Australians
14 Jul 2009
Former US vice-president Al Gore has waded into the Australian carbon trading debate, suggesting passing even an imperfect bill this year could help to secure a new treaty to cut greenhouse gas emissions.
Need for balance in climate change targets, says Meat & Wool New Zealand
14 Jul 2009
New Zealand’s post-2012 climate change policies, including any 2020 emissions target, must balance environmental and financial implications, says Meat & Wool New Zealand chairman Mike Petersen.
We're no climate deniers, says farm leader
10 Jul 2009
Farmers are not climate change deniers, says Federated Farmers’ president and new climate change spokesman Don Nicolson.
ANALYSIS: And in the red corner ...
10 Jul 2009
New Zealand is in the middle of a powerful, if somewhat veiled, vice when it comes to the emissions trading scheme.
Accountants the winners as carbon economy grows
10 Jul 2009
As a carbon-trading economy gathers steam in the United States, the accounting industry is expected to profit handsomely.
Avocado growers look for carbon answers
7 Jul 2009
The avocado industry is to use $20,000 awarded by the Sustainable Farming Fund this month to help to prove the carbon sequestration potential of its trees.
ETS review body sets meeting date
7 Jul 2009
The emissions trading scheme review committee will next be meeting on July 15.
Split targets on agenda of Nats-Labour ETS talks
3 Jul 2009
Splitting New Zealand’s domestic emissions reduction target is on the table in talks between Labour and National for an emissions trading scheme deal.
Government won't talk about stationary energy
3 Jul 2009
The Government will not say when stationary energy and industrial processes will enter the emissions trading scheme.
NZ carbon credits could be in short supply
3 Jul 2009
New Zealand could face a shortfall of locally generated carbon credits when the emissions trading scheme becomes fully operational.
Rules change, but forest owners still obligated
3 Jul 2009
Forest owners are still under obligation to surrender emissions units to meet deforestation liabilities – despite Parliament delaying reporting dates.
Goverment needs to wake up, say foresters
3 Jul 2009
The new forestry deadlines established by the Government this week amount to “fiddling while Rome burns,” say foresters.
ETS committee sifts through last reports
3 Jul 2009
The emissions trading scheme review committee met yesterday and will meet regularly through the month as it works towards presenting its findings and recommendations to Parliament.
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.
