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Topics tagged with 'Emissions trading'

More in: Emissions trading
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Government uncertainty over ETS must end, say Greens

9 Apr 2009

Business leaders and the public favour prompt Emissions Trading Scheme action to doing nothing by a margin of 2:1, according to a survey by the Business Council for Sustainable Development, says the Green Party.

Charles Chauvel ... keen to find a wat forward.

Labour: We're ready to start work on joint ETS

7 Apr 2009

Work on a joint National/Labour emissions trading scheme could start as early as this week, says Labour climate change spokesman Charles Chauvel.

NZ Steel seeks suspension of ETS

7 Apr 2009

The stakes are high for NZ Steel as it contemplates the impact that its presentation to the ETS review committee last week might have had.

Concrete plant swings on ETS, says manufacturer

7 Apr 2009

The axe could fall on plans for a major new concrete manufacturing plant if the emissions trading scheme review committee does not heed industry warnings.

Money crisis takes bite out of carbon emissions

7 Apr 2009

The collapse of industrial output in the world economic crisis is producing a plunge in carbon emission far exceeding any governmental targets, new data from the European Commission suggests.

Peter Dunne ... review committee working well.

Dunne: With Labour, we'll reach ETS agreement

3 Apr 2009

The chairman of the emissions trading scheme review committee is predicting that Labour and National will reach agreement over a scheme which will have some degree of harmonisation with Australia.

US cap-and-trade bill may pose problems for NZ large emitters

3 Apr 2009

The latest cap-and-trade bill introduced in Congress offers the United States’ large emitters less transitional assistance than their New Zealand counterparts.

Nick Smith ... eight million credits released.

NZUs allocation clear sign of future ETS plans

3 Apr 2009

The Government’s allocation of eight million NZUs to the Crown’s holding account on Wednesday is a clear sign that the emissions trading scheme is here to stay.

Business leaders welcome multi-party deal talks on ETS

3 Apr 2009

Business leaders are welcoming statements by the National, Labour and Green parties that they are prepared to discuss a multi-party deal on an emissions trading law.

Henry Waxman ... America will be the world leader.

Carbon emissions trading core of US clean energy bill

3 Apr 2009

Congressional Democrats this week released clean energy legislation that establishes a market-based cap-and-trade programme for reducing global warming pollution from electric utilities, oil companies, and factories that together are responsible for 85 per cent of US greenhouse gas emissions.

Europe’s carbon trading scheme is working … just

3 Apr 2009

Europe’s controversial trading system to cut carbon emissions is showing faint signs of working, according to analysis of preliminary figures released by the European Commission.

Finland acts to tax low-carbon power producers

3 Apr 2009

Nuclear and hydro power plants in Finland are to be taxed to reduce company profits that result from competitive operation in a market with carbon trading.

Airlines fear failure of global climate talks

3 Apr 2009

Major airlines have warned that failure to agree on a global approach to emissions trading in climate change talks could hurt their industry by leading to increased taxes and regulation.

Nigel Brunel ... absolutely wrong.

NZ carbon price cap backward step, says trader

31 Mar 2009

Capping New Zealand carbon prices as part of harmonising an emissions trading scheme with Australia would be a backward step, says a leading trader.

Tim Groser ... Government is ultra-realistic.

No hurry on methane emissions, says Groser

31 Mar 2009

Trade and Associate Climate Change Minister Tim Groser says that with no technology available to counter agricultural methane emissions, New Zealand will not push the case just for a 'first' on emissions trading.

ETS review hearings start on Thursday

31 Mar 2009

The ETS review committee will begin hearing submissions on Thursday morning, with the list of those who will be presenting being provided to committee members tonight.

G20 leaders plan special climate change talks

31 Mar 2009

Leaders attending the G20 meeting in London plan to gather again soon for a special summit on tackling climate change.

Charles Chauvel ... we're deadly serious.

National-Labour-Green deal possible on ETS

27 Mar 2009

The National Government could have a majority for a revised emissions trading scheme without the Act Party.

Energy leader backs cross-party action on ETS

27 Mar 2009

The prospect of cross-party support for an emissions trading scheme is being welcomed by energy infrastructure company Vector.

ETS hearings timetable out today

27 Mar 2009

Submitters to the ETS review committee should know later today the timetable for submission hearings.

Insurers work through climate disasters liability

27 Mar 2009

The insurance industry is grappling with the issue of how to insure against carbon lost through fires, biosecurity breaches, cyclones and other disasters.

Don Nicolson ... logical to follow Denmark.

Follow the Danes on animal tax, say farmers

27 Mar 2009

Federated Farmers is using the actions of Danish politicians to keep pressure on the ETS review committee.

Ross Garnaut ... wants a fixed carbon price.

Garnaut says no reason to delay emissions trading

27 Mar 2009

The Australian federal government's climate change expert, Professor Ross Garnaut, expects the economy to be in recovery by the time an emissions trading scheme begins operation in July 2010.

Penny Wong ... America in the driving seat.

Wong off to talk climate change in US

27 Mar 2009

Australian Climate Change Minister Penny Wong left yesterday for the United States to discuss climate change with leading figures in the new administration.

Minister refuses to rule out further delays to ETS - Labour

27 Mar 2009

Environment Minister Nick Smith’s refusal in Parliament on Wednesday to rule out further delays in the implementation of New Zealand’s Emissions Trading Scheme is a cause for considerable alarm, says Labour’s Climate Change Issues spokesperson Charles Chauvel.

Peter Weir ... carbon market has sparked.

Happy forest owners now look for better NZUs price

24 Mar 2009

Foresters greeted the first sale of NZUs with keen interest but are looking for an improved price, says Earnslaw One environment manager Peter Weir.

Energy leader calls for carbon tax solution

24 Mar 2009

New Zealand’s largest domestically owned and operated energy company is calling for the government to postpone the emissions trading scheme and reconsider a carbon tax.

Nick Smith ... no commitment yet to an ETS.

Harmonising Tasman emissions schemes could mean massive losses

24 Mar 2009

Harmonising the Australian and New Zealand emissions trading schemes could cause massive losses for forestry firms here and bring fuels into the scheme six months early.

Black Saturday ... climate change is costing the country.

Super funds in dark over costs of climate change

24 Mar 2009

Australian super funds want to review their investments in light of climate change, but are in the dark when it comes to evaluation methods.

Carbon trading 'undermined by boom and bust’

24 Mar 2009

A shake-up in the way the "boom and bust" carbon markets are working in Europe is being urged ahead of tomorrow's auction of new emission certificates by the UK government.

Nigel Brunel ... landmark sale.

EXCLUSIVE: Forestry credits sale marks world first

20 Mar 2009

New Zealand’s emissions trading scheme has had its first trade.

Australia move could cut agriculture from ETS

20 Mar 2009

Aligning New Zealand’s emissions trading scheme more closely with that of Australia could mean an indefinite delay to bringing agriculture into the scheme, opening this country to charges of unfair subsidies, Greenpeace says.

Infratil happily waits for Tasman emissions schemes

20 Mar 2009

Hesitation on both sides of the Tasman over implementing the emissions trading regimes, along with the falling price of crude oil, is a problem for what many view as the most imaginative investment by Infratil.

ETS select committee starts hearing views

20 Mar 2009

The select committee reviewing the emissions trading scheme has started hearing submissions.

Business Roundtable releases climate change submission

20 Mar 2009

The Business Roundtable has released the submission which it presented yesterday to the emissions trading scheme review committee of Parliament.

Don Nicolson ... the world has changed.

Farmers want agriculture, food out of ETS

17 Mar 2009

Federated Farmers wants agriculture and food production removed from the emissions trading scheme.

World gets interested in our forestry NZUs

17 Mar 2009

International interest is growing in New Zealand forestry units.

Catherine Delahunty ... forest industry exposed.

Greens call for forest industry to diversify

17 Mar 2009

Forestry and Biosecurity Minister David Carter addresses the International Biosecurity Conference in Rotorua this morning amidst calls for New Zealand to diversify its forest plantation species to make it less vulnerable to catastrophic forest losses caused by biosecurity breaches.

Penny Wong ... under pressure.

Opposition ups ETS pressure on Rudd government

17 Mar 2009

The Australian Government yesterday faced mounting pressure to make radical changes to its carbon trading plans to get the scheme passed by parliament.

Julia Hoare...we need a consensus on where we're going

Select committee has a chance to get it right

13 Mar 2009

The emissions trading scheme review is a good process which could give New Zealand a chance to “get it right”, says a leading climate change adviser.

Charles Chauvel ... time to stop shadow boxing.

Chauvel: Forget Australia and get on with our ETS

13 Mar 2009

Calls for alignment with Australia are really calls for New Zealand to delay the implementation of its emissions trading scheme, says Labour’s climate change spokesman Charles Chauvel.

Kevin Rudd ... opposition hardens stance.

Opposition terriers get teeth into Rudd’s ETS

13 Mar 2009

The Australian Government’s massive draft emissions trading legislation could be torn apart before it is put to the Parliamentary vote, throwing into doubt Prime Minister Kevin Rudd's 2010 timetable for the introduction of emissions trading.

What the Australian ETS proposes …

13 Mar 2009

After months of criticism and heated debated from all corners, the draft legislation for Australia’s Emissions Trading Scheme has been released.

Angry EU farmers oppose livestock-gas tax

13 Mar 2009

Proposals to tax the flatulence of cows and other livestock have been denounced by farming groups in the Irish Republic and Denmark.

David Rhodes ... foresters need a price signal.

Foresters: We've had enough of uncertainty

10 Mar 2009

The forestry industry says the Government should ignore calls to abandon the emissions trading scheme in favour of alternatives such as Business NZ’s proposed low-level all-gases tax or levy on every unit of emissions.

Good week for the Roundtable

10 Mar 2009

COMMENT: The Business Roundtable will be pleased with the influence it is achieving through Nick Smith’s office.

Malcolm Turnbull ... wants a carbon tax.

Senate to examine Rudd's emissions scheme

10 Mar 2009

A Senate inquiry into the Australian government's proposed emissions trading scheme will go ahead, after the Greens and the Opposition agreed on its terms of reference.

Lord Browne ... politically impossible.

Carbon trade wrong, says former BP chief

10 Mar 2009

Lord Browne, the former chief executive of BP and one of the earliest proponents of carbon trading to tackle climate change, has conceded his enthusiasm was misplaced.

Nick Smith ... wants joint report.

Smith calls for new report on cost of ETS

6 Mar 2009

Two teams of economists with different opinions about the cost of the emissions trading scheme have been told to come up with a joint report for the ETS review.

Tim Flannery ... NZ has great technology.

Include biochar in ETS, urges top scientist

6 Mar 2009

World-renowned Australian scientist Professor Tim Flannery says that biochar technology – acknowledged as possibly our greatest chance of reducing atmospheric carbon – should be included in New Zealand’s emissions trading scheme.

Adaptation
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Gisborne District Council Mayor Rehette Stoltz

Emerging biodiversity and carbon markets part of Gisborne plan for land-use change

Mon 6 Oct 2025

Gisborne District Council has endorsed a plan to shift up to 100,000 hectares of the region’s most erosion-prone land into permanent vegetation cover and is calling on the Government to make urgent changes to the Emissions Trading Scheme to aid the transition.

Agriculture
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Media round-up

Fri 3 Oct 2025

In our round-up of climate coverage in local media: Leaving the Paris Agreement won’t fix NZ’s farming frustrations, what Pacific Island leaders told the UN General Assembly about climate, and Hawke's Bay Regional Council faces class action legal challenge over flooding.

Airlines
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NZ needs to be part of a regional SAF strategy: Z, Air NZ

9 Sep 2025

By Pattrick Smellie | New Zealand needs to be part of a regional strategic approach to sourcing sustainable aviation fuel (SAF), with domestic production less the aim than ensuring access to the fuel from one of a number of strategically positioned bio-refineries around the world.

Aviation
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Travellers bothered by their flight’s pollution can pay to reduce it elsewhere. Do offsets work?

Thu 2 Oct 2025

So you’re booking your flight, and just when you’re about to check out, the airline asks if you’d like to pay a little something to offset your share of the flight’s pollution. Or, maybe you’re an environmentally minded person, and you’ve heard you can buy these things called carbon offsets.

Biodiversity
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Solar farm gets fast-track treatment

Mon 6 Oct 2025

Lodestone Energy’s proposed 220 MW solar farm at Haldon Station in the Mackenzie Basin has become the first solar project to be referred to an expert panel under the Fast-track Approvals Act 2024.

Biofuels
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Researchers say sealing old oil wells with bio-oil from crop waste is a dual carbon-removal solution

19 Sep 2025

A new analysis shows that oil made from corn husks, wood chips, and other waste could plug greenhouse gas-belching abandoned oil wells while sequestering carbon for about $152 per ton.

Carbon Credits
More >

Will govt’s light touch approach lead to higher carbon prices?

Fri 3 Oct 2025

By Liz Kivi | Carbon market watchers are hoping the government’s plan for the electricity sector will eventually lead to higher carbon prices, with the secondary market still trading sideways for the longest time in its history.

Carbon News world
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EAT-Lancet report: Three key takeaways on climate and diet change

Mon 6 Oct 2025

A global shift towards “healthier” diets could cut non-CO2 greenhouse gas emissions, such as methane, from agriculture by 15% by 2050, according to a new report.

Carbon prices
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Eraring power station is a black coal-fired power station on the shores of Lake Macquarie, southeast of Newcastle, NSW

Climate credibility gap widening for Aussie firms

Wed 1 Oct 2025

By Pattrick Smellie | Australian public companies’ climate change commitments are in retreat, reflecting difficulty in achieving stated targets and increased fossil use, but not because of any pressure to make less effort, according to a study of major companies’ ESG reporting.

Coal
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The Government will decide by December whether to go ahead with an LNG import facility.

Electricity to remain in ETS

Wed 1 Oct 2025

By Pattrick Smellie | The Government has rejected Frontier Economics' recommendation that electricity should be removed from the Emissions Trading Scheme.

Comment
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The merchants of doubt are back

3 Sep 2025

OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.

Construction
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Electric Arc Furnace in action at North Star BlueScope

Milestone for NZ Steel electrification

10 Sep 2025

By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.

COP
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An Indigenous activist during demonstrations at the COP28 opening in Dubai, 2023.

UN limits staff at COP30 climate summit over accommodation concerns

19 Sep 2025

High hotel prices for Brazil's COP30 climate summit in November have prompted the United Nations to urge its staff to limit attendance, while government delegations are still scrambling to find rooms within their budgets.

Energy
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While many other countries sent leaders and ministers to the event, Carolyn Schwalger, New Zealand's Permanent Representative to the United Nations, spoke on the Government's behalf.

NZ quiet on climate target at UN meeting

Thu 2 Oct 2025

By Liz Kivi | New Zealand didn't mention its recently minted – but widely criticised – climate target for 2035 at a major multilateral climate meeting in New York last week, at an event which was ostensibly billed as a platform for leaders to present their new targets.

Extinction
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Nest of Asian (paper) wasp

From nuisance to crisis: New report on pest wasps In Aotearoa

24 Sep 2025

Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.

Fishing
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Declining sea-ice is altering Antarctic food webs

11 Sep 2025

A new study shows a significant change in Antarctic phytoplankton over time that could cascade through the marine food web and affect the ocean’s capacity as a carbon sink.

Forestry
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Consultation open on second draft of Sustainable Finance Taxonomy

29 Sep 2025

Public consultation has opened on the second draft of the Aotearoa New Zealand Sustainable Finance Taxonomy.

Gas
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‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels

Thu 2 Oct 2025

By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.

Geothermal
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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.”

Green finance
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$1.5m for climate action

Mon 6 Oct 2025

The Wilding Pine Network, Rewiring Aotearoa, Papawhakaritorito Charitable Trust, 800 Trust and 350 Aotearoa, have received grants from a total pool of more than $1.5m over two years from of Climate Action Aotearoa's Kaupapa of National Significance Climate Action Fund.

Greenhouse Effect
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UC wins top international award for civics education

Mon 6 Oct 2025

Media release | A University of Canterbury research group has received international recognition at the highest level of political science.

Greenwashing
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FMA consults on clearer ethical investment claims to curb greenwashing

29 Sep 2025

The Financial Markets Authority – Te Mana Tātai Hokohoko – has released updated draft guidance for financial products marketed with ethical or sustainability features.

Hydro power
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Coal imports up 650%

12 Sep 2025

By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.

Hydrogen
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Hiringa chief executive Andrew Clennett

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.

Insurance
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Dr Sasha Maher (University of Auckland, Business School)

Study warns climate leadership falling short in NZ

Wed 1 Oct 2025

Media release - Waipapa Taumata Rau, University of Auckland | Research suggests New Zealand’s climate leadership is falling short, with current adaptation efforts focused on property and cost-cutting rather than protecting communities.

Kyoto
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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.

Litigation
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Can the courtroom save the climate?

Thu 2 Oct 2025

It was in early 2017 when it seemed like nearly every person I knew from home was asking me the same question: Should they be worried about what was about to happen in Washington, D.C.?

Low carbon
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Lord Adair Turner

'Non-negotiable' – EU carbon pricing to hit Kiwi exporters, expert warns

11 Sep 2025

By Shannon Morris-Williams | High carbon exports will inevitably face a high carbon tax at the EU border, possibly in the next five years, and high methane agricultural products might not be exempt, an international expert told a local audience yesterday.

Mining
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naushad mohamed via Unsplash

Deep sea mining threatens sharks, rays and ghost sharks

Mon 6 Oct 2025

Mining the world’s deep seas for metals will likely threaten many species of sharks, rays and chimaeras (ghost sharks), according to researchers.

NZ Market Report
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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.

Oceans
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Warming oceans prompt major overhaul of how scientists monitor El Niño and La Niña

Wed 1 Oct 2025

Global warming is interfering with how Earth Sciences New Zealand monitors one of the world’s biggest climate drivers.

Paris Agreement
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China calls EU hypocritical over criticism of climate goal

Wed 1 Oct 2025

The EU climate chief's criticism of China's new climate pledges shows "double standards and selective blindness," China's foreign ministry said on Friday, accusing the bloc of being slow to act on its own climate targets.

Plastics
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Lobby group launches ‘blueprint’ for ocean management reform

18 Sep 2025

The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.

Policy development
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Bledisloe North Wharf

Fast-track changes coming before end of year

Fri 3 Oct 2025

The Government is already preparing to amend its fast-track approvals law, even as the first projects consented under the regime begin construction.

Protest
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Students repeat request for Victoria University to divest from fossil fuel investments

24 Sep 2025

Media release | A group of students campaigning for climate action at Victoria University of Wellington have dropped a banner protesting against the university’s lack of action on its 2014 commitment to divest from fossil fuels.

Rare earth minerals
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New Zealand Minerals Council chief executive Josie Vidal

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.

Science
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Countering the Trump administration’s attack on climate science

Fri 3 Oct 2025

The Trump Administration is attempting to remove the legal basis for U.S. action on greenhouse gas emissions by attacking the climate science that underpins it.

Tax
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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.

Technology
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Auckland Transport and Kinetic charging ahead for sustainability

30 Sep 2025

Media release | Auckland Transport (AT) and bus operator Kinetic and have taken another step in their decarbonisation journeys with major upgrades completed at Kinetic’s Glenfield bus depot to support a growing zero emissions fleet.

The House
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Resources Minister Shane Jones

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.

Transport
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End of EV tax subsidy sparks worries of collapse in US electric car sales

Mon 6 Oct 2025

Automotive executives are bracing for a freefall in U.S. electric-vehicle sales following the disappearance of a critical $7,500 tax break for buyers.

United Nations
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‘Beyond embarrassing’ – Peters’ Paris remarks draw fire for talking down Pacific climate diplomacy

26 Sep 2025

By Shannon Morris-Williams | Foreign Minister and NZ first leader Winston Peters says he wants to revisit the Paris Agreement with Pacific leaders because some may be unaware of how it’s structured.

Waste
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Day of action against incinerators

29 Sep 2025

Media release | Zero Waste Aotearoa will call on the Ministry for the Environment to embrace real solutions to waste and climate change, not toxic pollution from incineration as part of an international day of action on Tuesday 30 September.

Water
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Environment Minister abusing role to put freshwater at risk – Greens

Fri 3 Oct 2025

Media release – Green Party | Documents obtained under the Official Information Act have revealed the Minister for the Environment is pressuring local councils to allow ‘water take’ consents for a group of farmers that includes her party colleague, in a catchment already showing signs of serious decline.

Wildfires
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‘Con,’ ‘scam,’ ‘hoax’: Trump’s UN speech on climate

24 Sep 2025

The president used a large chunk of his hour-long speech to world leaders to condemn climate science and clean energy policies.

Wind energy
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Trump administration moves to revoke permit for Massachusetts offshore wind project

24 Sep 2025

The Trump administration has moved to block a Massachusetts offshore wind farm, its latest effort to hobble an industry and technology that President Donald Trump has attacked as “ugly” and unreliable compared to fossil fuels such as coal and natural gas.

More in: Emissions trading
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