Topics tagged with 'Emissions trading'
Greens push split-emissions cuts targets
30 Jun 2009
The prospect is emerging of New Zealand setting separate reduction targets for carbon and methane.
Energy sector wants firm emissions targets now
30 Jun 2009
The renewables sector is waiting to see whether the Government intends to present firm policy or a proposed strategy when it begins a series of public meetings in nine cities around the country next Monday to discuss New Zealand’s 2020 emissions target.
Why Top Energy is sitting pretty
30 Jun 2009
Top Energy is one of the few electricity generators untroubled by uncertainty around New Zealand’s emissions trading scheme.
Aussie Liberals go soft on climate bill stance
30 Jun 2009
Australia's beleaguered carbon-emissions trading scheme has won a lift by the opposition Liberal Party withdrawing its threat to block enabling legislation passing through parliament.
UK wants billions in climate fund for poor countries
30 Jun 2009
British Prime Minister Gordon Brown has tried to break the deadlock over climate change by proposing the creation of a £60 billion international fund to help poorer countries adapt to the situation.
Industry counts cost of government's ETS delay
26 Jun 2009
Government moves to postpone the entry of the heavy industrial emitters into the emissions trading scheme will cost forest owners money and delay the establishment of a carbon market in New Zealand.
Labour: Government had enough time
26 Jun 2009
The Labour Party is rejecting Government claims that there was never enough time to bring the stationary energy and industrial processes sector into the emissions trading scheme.
Parties stay quiet on ETS cooperation deal
26 Jun 2009
The Government and the Labour Party are refusing to comment on progress for an emissions trading scheme deal.
Australia delays vote on carbon trading
26 Jun 2009
The Australian government failed to get its carbon trading scheme through the Senate yesterday after the opposition Coalition and crossbench senators criticised the scheme’s economic and environmental analysis as being inadequate.
Government inaction worries foresters
26 Jun 2009
Foresters are anxious about the Government’s refusal to comment on its plans to develop market access for forestry credits.
ETS 'alienates' Maori forest land, says MP
26 Jun 2009
The emissions trading scheme effectively alienates Maori land ownership by putting an encumbrance over Maori land, says the Maori Party.
Europe keen to show us how to insulate
26 Jun 2009
The European Commission is keen to acquaint New Zealanders with its new portal designed to share information on building insulation and other methods of reducing energy demands in buildings of any size.
Myths … and the making of a climate bill
26 Jun 2009
No bill is perfect …certainly not one that contains a thousand pages and seeks to overhaul the way a nation uses energy, says the respected US science watchdog, the Pew Centre.
Greens fear impact of Ukraine connection
23 Jun 2009
Green Party climate change spokesperson Jeanette Fitzisimons is calling for tough and transparent rules on the type of international carbon credits admitted to the New Zealand emissions trading scheme in the wake of reports that a huge number of Ukrainian units are coming our way.
ETS review body on hold for key report
23 Jun 2009
The emissions trading scheme review committee will not be meeting to discuss ETS issues this week.
Top UK scientist here to see NZ toes the line
23 Jun 2009
The appearance at a public seminar in New Zealand of a top British government scientist this week underlines the importance that the British authorities are placing on whipping New Zealand into line on emissions trading.
Australian opposition stalls vote on emissions laws
23 Jun 2009
A vote on the Australian government's emissions trading scheme appears certain to be delayed until August, but the Senate was locked in procedural wrangling for much of yesterday about how to achieve the delay.
In the House ...
23 Jun 2009
On Thursday, the Government asked – and answered – questions about the emissions trading scheme.
Climate lobby wants longer ETS review
23 Jun 2009
The New Zealand Climate Change Coalition wants the Government to extend the time frame for the select committee reviewing emissions trading, and to "clarify its real intentions on this issue."
Dunne: ETS report might be July or August ... or later
19 Jun 2009
The emissions trading scheme review committee might not release its report until as late as August.
Greens get in on the act with ETS talks
19 Jun 2009
The Green Party and National have had preliminary talks about supporting a Labour-National agreement on the emissions trading scheme.
Report doesn't do us justice, says forest chief
19 Jun 2009
The regulatory impact analysis of the emissions trading scheme does not do justice to forestry as a low-cost mitigation option for other sectors, says Forest Owners’ Association chief executive David Rhodes.
Filibustering may delay carbon trading vote
19 Jun 2009
The Opposition is likely to seek to prolong debate on the Australian Government's carbon emissions trading scheme in a bid to delay a vote in the Senate.
Big emitters deny overstating carbon scheme cost
19 Jun 2009
Big emitters Woodside Petroleum and Rio Tinto have denied claims by an environmental group they overstated costs of proposed Australian climate change legislation to the public and the government.
Brussels tries to charm NZ into action on ETS
19 Jun 2009
A European Union charm offensive exerted on Australia over the past month is partly dedicated to ensuring that the Rudd government passes its delayed emissions trading scheme legislation in sympathy with Europe’s own policies.
ETS economic impact report reaction: Government
19 Jun 2009
A joint report by economic consultants NZIER and Infometrics concludes that a modified emissions trading scheme is the best way forward for New Zealand on climate change policy, says the Government.
ETS economic impact report reaction: Labour
19 Jun 2009
Labour says it welcomes a long-awaited economic modelling of climate change policy options, recommending an emissions trading scheme as the best climate change policy response.
ETS economic impact report reaction: Greens
19 Jun 2009
New economic modelling shows that New Zealand can continue with an emissions trading scheme at little economic cost, and Green Party MP Jeanette Fitzsimons says it is a clear message to Government to stop dithering and get on with it.
Carter quiet on potential of forest carbon credits
16 Jun 2009
Forestry Minister David Carter doesn’t want to talk about the potential for New Zealand forest owners to sell carbon credits to other countries – nor what the Government is doing to help them.
US forests stand crucial for NZ growers
16 Jun 2009
The United States’ stand on forestry offsetting is being closely watched and could be hugely beneficial to New Zealand.
Lawyers question claims by big Aussie miners
16 Jun 2009
An Australian legal group has called for a probe into claims by big miners - some with New Zealand connections - that a carbon trading scheme would cost thousands of jobs and millions of dollars.
World first as Japan buys NZ carbon credits
12 Jun 2009
New Zealand forestry-based carbon credits have been sold to Japan.
Carbon heavyweight changes mind about NZ
12 Jun 2009
The company that cancelled plans to come to New Zealand when the in-coming National Government announced a total review of the emissions trading scheme is back.
Where are our carbon credits, asks tribal group
12 Jun 2009
Emissions trading has been a long time coming for Ngâti Porou Whanui Forests.
NZUs should be staggered, says trading group
12 Jun 2009
The issuing of carbon credits to forest owners should be staggered through the year, rather than in one lump a year, says Environmental Intermediaries and Trading Group.
Aust firms not ready for carbon scheme, says survey
12 Jun 2009
Australian businesses are mostly not prepared for the federal government's planned domestic carbon trading scheme, due to start in mid-2011, a new survey shows.
Canada to establish carbon trading market
12 Jun 2009
The Canadian federal government has announced plans to establish a national carbon trading market in which all companies and individuals could participate.
Swedish PM calls for carbon taxes in Europe
12 Jun 2009
Swedish Prime Minister Fredrik Reinfeldt has called for European nations to tax carbon emissions to reduce greenhouse gases.
Decision near on greenhouse gas emissions rules
9 Jun 2009
The rules that will govern the way in which the stationary energy processes sector works under the emissions trading scheme are nearly complete.
No need to rush climate laws, says Aust Opposition
9 Jun 2009
Claims by the US that its likely failure to finalise climate change legislation before December will not jeopardise the crucial Copenhagen talks have been seized on by the federal Opposition as evidence that Australia does not need to rush its laws through by the end of the year.
Australian lower house passes carbon trade scheme
5 Jun 2009
Australia's much-debated carbon emissions trading law has passed its first parliamentary hurdle.
High-earning green sector workers feel safe in jobs
5 Jun 2009
Most workers in the thriving climate change sector feel just as safe in their jobs, if not more so, than they did a year ago, a new Reuters survey shows.
Tawhaki stays quiet on world's biggest carbon deal
2 Jun 2009
The New Zealand company reported to be involved in the world’s largest trade of carbon credits is keeping mum on the deal.
Forestry owners plead for level playing field
2 Jun 2009
New Zealand forest owners say investment in forestry world-wide is being inhibited by policies designed to dampen the effects of the economic recession and to counter climate change.
Govt delays setting emissions target again, says Greenpeace
2 Jun 2009
With only five months to go until the crucial UN climate talks in Copenhagen, the New Zealand Government has announced another delay in setting an emissions reduction target, says Greenpeace.
Traders: Leave carbon price and speculators alone
2 Jun 2009
Carbon prices and the speculators who trade the underlying emissions permits should remain unregulated, despite wild volatility in the nascent market, a panel of emissions traders says.
Turnbull tips Australian carbon trading by January
2 Jun 2009
Australian Opposition Leader Malcolm Turnbull says the country could have an emissions trading scheme as early as January despite members of the Coalition still being opposed to the idea.
Australia points to $200b natural gas-powered recovery
2 Jun 2009
Australia has more than $200 billion worth of energy projects on the drawing board, enough to drive the nation's economic recovery with the right emissions trading scheme, the industry says.
Mystery NZ buyer in world's biggest carbon deal
29 May 2009
International reports that a New Zealand-based company is involved in the world's biggest trade of carbon credits are causing confusion here.
Budget fund boost for ETS another sign it will stay
29 May 2009
A massive Budget boost in funding for the emissions trading scheme is being seen as a sign that the ETS is here to stay.
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.
