Topics tagged with 'Emissions trading'
Farmers could have gained millions in secret deal proposed by Labour
14 Sep 2009
A draft ETS deal sent to the National party by Labour Monday morning reveals the Opposition proposed a special deal for agriculture which could have paid farmers millions before 2013.
EXCLUSIVE - The "Dear Lucy" deal e-mail from Labour to National
14 Sep 2009
Carbon News has an e-mail sent Monday morning from Labour's climate change negotiator to Minister Nick Smith.
Press conference audio: Maori will now approve any Labour suggested changes
14 Sep 2009
Climate Change Issues Minister Nick Smith has been "left playing defense" over the Labour negotiations, according to audio of today's media conference.
Smith: ETS revisions "balance" environment, economy
14 Sep 2009
The Government, with Maori Party support, will revise the Emissions Trading Scheme to reduce the costs to households and the impact on jobs while ensuring New Zealand takes a responsible approach to the global problem of greenhouse gas pollution and climate change.
What the Government says will happen
14 Sep 2009
The Government has issued Q and A documents on its proposed changes to the ETS.
Business NZ: Revised ETS ‘more measured’
14 Sep 2009
Business NZ says the revised emissions trading scheme proposed by the Government today better balances environmental and economic needs.
Business leaders: bill for proposed ETS changes could run to billions?
14 Sep 2009
The proposed changes to the emissions trading scheme are disappointing and the bill to taxpayers could run to billions.
Don't get caught without credits, businesses told
11 Sep 2009
New Zealand businesses are putting some of their most profitable operations at risk by failing to prepare for entry into the emissions trading scheme.
Confident Labour sits in ETS driving seat
11 Sep 2009
Talks over the future of the emissions trading scheme are on again, with Labour sending strong signals that it feels in the driving seat.
Personal trading not for us, say Greens
11 Sep 2009
A personal carbon trading regime being proposed for Britain is unlikely to work here, says Green Party climate change spokesperson Jeanette Fitzsimons.
Irish might need cow tax to meet EU targets
11 Sep 2009
The Irish Government might have to introduce a “cow tax” to help it to meet new tough targets for reducing greenhouse gas emissions laid out in the European Union’s climate change strategy.
EU plans fix to carbon tax fraud threat
11 Sep 2009
The European Commission will propose a temporary solution to the threat of tax fraud in the European carbon emissions market later this month
EXCLUSIVE: Here's a way out of ETS impasse
4 Sep 2009
The impasse between National and Labour over the emissions trading scheme could be broken by a compromise over the contentious issue of an intensity-based scheme.
Why not create our own market, asks carbon trader
4 Sep 2009
New Zealand should stop talking about a carbon market and get on and create one, says a leading carbon trader.
Planting season lost, but foresters cling to hopes
4 Sep 2009
The forestry industry is cautiously optimistic about the future of the emissions trading scheme – despite the fact that political delays mean that this year’s seed-planting season has been missed.
Prepare to pay extra $120 in airfare pollution charges to Europe
4 Sep 2009
Including aviation in the European ETS could mean a pollution charge of about $120 on long haul flights to New Zealand.
Carbon Market Expo 26 - 28 October 2009
4 Sep 2009
Gold Coast Convention & Exhibition Centre - International carbon market leaders will again be on-hand at Carbon Market Expo Australasia 2009 to share their knowledge and experience of global carbon market trends and developments, as well as themselves looking for new business opportunities.
Global warming legislation 'would fail a proper regulatory impact assessment'
4 Sep 2009
There are no scientific forecasts to support the belief that emissions trading will benefit New Zealanders, says Wellington-based Monash University forecasting researcher, Dr Kesten Green.
All sectors, all gases the way to go, says ETS report
31 Aug 2009
Climate change is probably true and an all-sectors, all-gases emissions trading scheme is the best option for New Zealand, says the committee set up to review the scheme.
National's best ETS bet is deal with Labour
31 Aug 2009
The Labour Party is looking like the Government’s most likely emissions trading scheme partner.
Report lists 34 ways to shape our carbon future
31 Aug 2009
The Emissions Trading Scheme Review Committee has made 34 recommendations about New Zealand’s response to climate change and the shape of the emissions trading scheme.
Dunne: A middle road through complex issues
31 Aug 2009
The Emissions Trading Scheme Select Committee review has demonstrated strong support for such a scheme and gives the Government the platform it needs to develop its position for the upcoming Copenhagen climate change conference, committee chairman Peter Dunne said today.
Business: Review leaves huge issues up in the air
31 Aug 2009
The report of the select committee which reviewed the emissions trading scheme is a disappointment which still leaves the country with no broad cross-party agreement on climate change policy to provide investment certainty.
National: We'll continue talks with all parties
31 Aug 2009
Minister for Climate Change Issues Nick Smith today welcomed the report of the Emissions Trading Scheme Review Committee.
Labour: Big chance for a meaningful ETS
31 Aug 2009
The Labour Party has used today’s report back of the ETS Committee to repeat its call for a broad-based scheme with integrity to be agreed by Parliament.
Farmers: Report is a loaded gun at our heads
31 Aug 2009
Farmers are reacting angrily to news that a parliamentary select committee thinks that agriculture should be part of the emissions trading scheme.
Read the full ETS review report here ...
31 Aug 2009
The emissions trading scheme review is a 132-page report that took seven months to put together.
Government fiddling while planet burns, says Greenpeace
31 Aug 2009
Greenpeace is warning that taxpayers will pay if there’s a price cap added to the long over due emissions trading scheme, but welcomed agreement by most members of parliament that climate change is real and action needs to be taken now.
EXCLUSIVE: Business says no to carbon trade hobbles
28 Aug 2009
New Zealand business leaders and decision makers want free trade in carbon units and oppose a price cap, a new survey shows.
Speculation rife as ETS report faces new delay
28 Aug 2009
The report of the emissions trading scheme review select committee is now unlikely to be released before Monday.
Row as Parker demands House sees ETS report
28 Aug 2009
There was heated debate at Parliament yesterday over claims the ETS review select committee’s report should have been immediately presented to the House under standing orders.
Smith cautious on methane in ETS, bi-party deal
28 Aug 2009
The Government has a cautious view of bringing ruminant animal emissions into an emission trading scheme, says Climate Change Issues Minister Nick Smith.
Kiwi now Deloitte's main man for climate change
28 Aug 2009
New Zealand's Nick Main is on his way to London to become Deloitte's global managing partner on climate change and sustainability services.
World airlines stung by European CO2 limits
28 Aug 2009
Thousands of airlines are set to face problems in flying into the European Union from 2012 unless they join the EU Emissions Trading Scheme, the European Commission has said.
Climate experts to brief young ambassadors
28 Aug 2009
Government and academic experts will share their expertise on climate change at the first of three NZ workshops preparing a group of young Kiwis for the international stage.
Online GHG reduction calculator
28 Aug 2009
In an effort to increase the understanding of various emissions trading scheme-related policy suggestions, The ValueAdd Company has launched an online Greenhouse gas emissions reduction target analyser.
ETS review body to report next week
21 Aug 2009
The select committee reviewing the emissions trading scheme will release its long-awaited report next week.
ETS deal hangs on Key's response to Goff
21 Aug 2009
National is having significant difficulty delivering the “broad-based political support” sought for an amended ETS by its Climate Change Issues Minister.
Australia targets 20% renewable energy by 2020
21 Aug 2009
Australia yesterday passed a clean energy law requiring the country to produce 20 per cent of its power from renewable sources by 2020 in move that could draw billions of dollars of green investment.
Democrats want banks barred from carbon trading
21 Aug 2009
Goldman Sachs and JPMorgan Chase would be barred from a planned US carbon- emissions market or face trading restrictions under proposals by Democratic senators crafting climate change legislation.
Australia better off with carbon tax, says oil giant
21 Aug 2009
Exxon Mobil, the world’s biggest publicly traded oil company, says a tax on carbon in Australia would be a better method to reduce greenhouse-gas emissions blamed for global warming.
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.
New Zealanders losing ambition on climate change: Ipsos
Wed 20 May 2026
By Pattrick Smellie | New Zealanders’ belief that their government has a plan to combat climate change has taken another serious hit in the latest poll of 31 countries by global research firm Ipsos.
Six NZ climate solutions up for 2026 Earthshot prize
Today 11:30am
By Shannon Morris-Williams | Six New Zealand climate and sustainability initiatives have been nominated for the 2026 Earthshot Prize, with the shortlist showcasing Kiwi-led solutions tackling emissions, plastic waste and ocean restoration.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
Govt unveils long-awaited voluntary carbon market guidance
Fri 15 May 2026
By Shannon Morris-Williams | The Government has released long-awaited guidance for New Zealand’s voluntary carbon and nature markets, as questions continue for the sector despite ministers signalling support for its growth.
Biomass sector asks: where did the love go?
Mon 18 May 2026
By Pattrick Smellie | New Zealand has sufficient biomass in its plantation forests to replace natural gas for industrial process heat at lower costs than electrification, but is failing to get the attention it deserves, sector leaders say.
Carbon News updates forward curve
13 May 2026
Carbon News has updated its ten-year NZU forward curve, following a recent rise in spot market prices, with NZUs rallying from about $34 in January to nearly $54 in early May.
UN members reinforce nations' climate change obligations
Today 11:30am
The United Nations General Assembly on Wednesday adopted a resolution reinforcing states' obligations to combat climate change, a long-awaited move toned down under pressure from major greenhouse gas emitters.
Drop in ETS forestry registrations
5 May 2026
By Liz Kivi | ETS forestry registrations have dropped off this year, with the new mandatory emissions return period, new land-use rules, and carbon price volatility all meaning participants aren’t rushing to register forestry in the emissions trading scheme.
Hipkins pans LNG plan as ‘massive step backwards’
Tue 19 May 2026
By Liz Kivi | Labour leader Chris Hipkins has told a Queenstown audience that a Government he leads would not proceed with a planned LNG import terminal, if elected at November’s election.
Tairāwhiti deserves better than weakened forestry rules
5 May 2026
OPINION: The government's proposed amendments to forestry standards, released yesterday, ignore the hard lessons learned in our region and ignore the voices that have fought hardest to protect it, writes Manu Caddie.
Green building council calls for clean energy policies
Mon 18 May 2026
The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
New solar farm to boost West Coast energy security
Today 11:30am
Construction has begun on a new 13.5MW solar farm in Reefton, with developer Lightyears saying the project will help strengthen electricity security on the West Coast and support future regional growth.
Environmental groups call for ETS reform
20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
Are hailstones getting bigger due to climate change?
Today 11:30am
Scientific studies suggest that a warmer climate does not necessarily lead to more frequent hail, but rather to more severe hailstorms with larger hailstones.
EDS urges MPs to scrap the Fisheries Amendment Bill
5 May 2026
Media release | The Environmental Defence Society today lodged a substantive submission on the Fisheries Amendment Bill.
Govt presses ahead with forestry rule changes despite opposition
14 May 2026
By Shannon Morris-Williams | The Government is pushing ahead with changes to commercial forestry rules despite most submitters opposing the proposals, with critics warning the reforms will weaken councils’ ability to manage erosion and forestry slash risks in vulnerable regions such as Tairāwhiti.
Iran war pushes Portugal to halve fossil fuel use over next 10 years
Wed 20 May 2026
Lisbon fast-tracks plans after the Iran war caused oil and gas costs to soar, Energy Minister Maria da Graça Carvalho tells POLITICO.
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.”
New funding for low methane farming uptake
29 Apr 2026
By Pattrick Smellie | The government will co-fund projects under an Early Adoption Accelerator scheme announced today to accelerate the uptake of low emissions farming technologies emerging from the AgriZero public-private partnership.
NZ Govt’s move to halt climate litigation under international scrutiny
Tue 19 May 2026
By Liz Kivi | Local and international NGOs have signed an open letter calling on the Government to reconsider its decision to shield major emitters from legal liability for climate-related harm.
Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime
Fri 15 May 2026
By Hang Pham, Te Herenga Waka — Victoria University of Wellington | Most of us are familiar with the concept of greenwashing: organisations exaggerating or overstating their environmental credentials. But in New Zealand, there are signs the country’s climate disclosure regime may inadvertently be driving a very different trend: not saying much at all.
‘Formidable’ El Niño expected this winter
29 Apr 2026
By Liz Kivi | Meteorologists are anticipating a significant El Niño influence on weather patterns across the country from winter onwards, with predicted lower rainfall for some areas and heavier rain for others likely to impact multiple sectors of the economy as well as the carbon market.
Victorian Hydrogen announces Southland urea fertiliser project using coal
22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
Media round-up
24 Apr 2026
In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.
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.
Labour condemns Govt plan to stop climate litigation
Fri 15 May 2026
By Liz Kivi | The Labour Party has slammed the Government’s move to block climate lawsuits against big emitters but won’t say if they would repeal the legislation if elected in November.
GIDI-style help cheaper than LNG: MBIE
11 May 2026
By Pattrick Smellie | Officials advised ministers last July that the lowest-cost way to free up gas for use during dry winters was to assist industrial gas users to switch to electricity.
Govt missing tricks to save fuel in crisis
30 Apr 2026
By Shannon Morris-Williams | The Government is being urged to shift its response to the fuel crisis away from short-term relief and towards measures that reduce demand, with public health experts warning it is missing an opportunity to boost energy security and lower household costs.
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
Move to block lawsuits could strengthen climate case against Govt
14 May 2026
By Liz Kivi | The Government’s plan to block climate lawsuits – while potentially fatal for one groundbreaking climate case – could actually bolster claims in another live climate case underway against the Government.
‘Utterly elated’ – controversial Sams Creek gold mine application declined
Today 11:30am
By Max Frethey, Local Democracy Reporter | Campaigners are elated after the controversial gold mining application for Sams Creek in Golden Bay was declined.
Conservation land open for voluntary carbon market schemes
12 May 2026
By Pattrick Smellie | The government is to open up the Crown-owned conservation estate to private investment in voluntary carbon market projects.
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.
Pacific voice on climate at the UN
Wed 20 May 2026
A New Zealand-based researcher has told a United Nations forum that rising sea levels are already reshaping life across the Pacific and climate change is causing irreversible impacts on water supplies, food security and cultural identity.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Opposition slams environment ministry merger
13 May 2026
By Shannon Morris-Williams | Opposition MPs accused the Government of downgrading climate and environmental protections as legislation to abolish the Ministry for the Environment and merge it into a new mega-ministry passed its second reading in Parliament.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
Fri 15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
ESG funds include petrochemical companies, report finds
5 May 2026
Global banks have invested US$133bn into US petrochemical expansion, even as the industry is linked to climate change.
NZTA rejects covering $145m of Wellington public transport projects
Wed 20 May 2026
By Justin Wong, Local Democracy Reporter | More than $145 million of Wellington public transport projects - including new bus spines along the harbour quays and the redevelopment of ageing Waterloo station - never made it into the Government’s $32.9 billion national land transport plan.
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
Green Party calls for national electrification plan
20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
China widens its clean energy lead
Mon 18 May 2026
Chinese companies account for more than half of global investments in clean energy manufacturing since 2019, while new U.S. investments declined last year.
‘Landmark’ conservation reform bill – boost or bust for nature?
8 May 2026
By Liz Kivi | The Government has announced an overhaul of the country’s conservation system, which environmental organisation Forest & Bird says will undo the work of many generations of Kiwis to protect public conservation land.
Combined climate extremes may prompt carbon budget rethink
14 May 2026
Media release: Springer Nature | Combined extreme climate events are likely to become more common in the future if carbon emissions continue to rise, a paper in Nature suggests.
Media round-up
Fri 15 May 2026
In our round-up of climate coverage in local media: The government's move to change climate law removes a key protection for NZ citizens, farmers should be paid to use methane-busting tools, and it's one step forward, three steps back on environment policy.
Carbon trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
Why both trees and technology are important in the race to mitigate carbon emissions
4 May 2026
Different carbon‑removal approaches solve different problems, and pitting these technologies against each other could slow progress.
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.
UN members prepare for pivotal vote on landmark ICJ climate justice ruling
Fri 15 May 2026
If the resolution is passed, governments will recognise their legal responsibility to cut greenhouse gas emissions.
NZ First moves to revive container return scheme
4 May 2026
By Shannon Morris-Williams | NZ First is aiming to launch a national container return scheme, which could recycle over a billion wasted containers each year, reviving a policy shelved by the previous Labour-led Government in 2023.
Commission urges Govt action on climate risks
7 May 2026
By Liz Kivi | Climate change currently poses major risks to our water infrastructure with “significant gaps” in readiness to manage risks and increasing hazards, according to the Climate Change Commission.
Why is Northern Ireland facing a growing threat from wildfires?
7 May 2026
Figures show that spring drought events are happening more often while there has been a sharp rise in "fire weather" - a mix of warmth, dryness, and wind that allows fires to ignite and spread rapidly. Experts warn this combination, along with climate change, is creating a longer and more volatile wildfire season.
Human health appears unaffected by living near wind turbines
Today 11:30am
Media release: PNAS | High-resolution data collected across the United States show negligible evidence of adverse health outcomes tied to wind turbine exposure, a study finds.
