Topics tagged with 'Emissions trading'
Climate deal fraught with problems, says EU envoy
21 Apr 2009
An address by David Daly, the new head of the European Union delegation to Australia, to the recent Greenhouse 2009 conference in Western Australia is being carefully scrutinised by his counterparts throughout Oceania - especially in New Zealand.
Garnaut shock: Australia should drop ETS plan
17 Apr 2009
Australia's climate change adviser is suggesting that it might be best to dump the proposed emissions trading scheme and "have anotoher crack at it" later, the Australian Associated Press is reporting.
Forest owners in plea for more tree-planting
17 Apr 2009
The state of New Zealand’s net greenhouse gas emissions reinforces the need for the Government to do more to encourage new forest planting to avoid future problems, says the Forest Owners' Association.
Carbon trade to reach $670 billion in 2013, says report
17 Apr 2009
The global carbon market is forecast to grow 68 per cent a year up to 2013, according to business analysts SBI.
How New Zealand can learn from “Towards a Global Green recovery”
17 Apr 2009
The Council for Socially Responsible Investment endorses a recently released report prepared on behalf of the German Foreign Office for discussion at the G20 London Summit which highlights key measures in seven strategic areas that G20 members need to take to tackle the economic crisis and re-orient development towards sustainable, low-carbon growth.
Figures show why ETS should go ahead quickly
17 Apr 2009
The latest figures on New Zealand’s net position under the Kyoto Protocol shows why an emissions trading scheme is a good idea, says the Business Council for Sustainable Development.
Reality check time on emissions trading, says Federated Farmers
17 Apr 2009
This week's net position report on Kyoto Liabilities, which shows a possible surplus, represents an important reality check for New Zealand, says Federated Farmers.
More headroom for a better carbon scheme
17 Apr 2009
Business NZ says our changed position on greenhouse gas emissions gives us room to move on emissions trading.
Most Kiwis want climate deal at Copenhagen
14 Apr 2009
New Zealanders support signing up to a new international agreement requiring countries to limit greenhouse gas emissions beyond 2013, a new survey shows.
Foresters get carbon credits ... but what now?
14 Apr 2009
Forest owners have received their first batch of carbon credits but are unsure about insuring and on-selling them.
Uncertainty keeps NZUs volatile, says trader
14 Apr 2009
The price of New Zealand Units is likely to remain volatile for another six months, says a leading trader.
Europe’s steelmakers reap $1b carbon windfall
14 Apr 2009
European steelmakers received over $1 billion worth of unneeded carbon permits last year under the European Union's Emissions Trading Scheme, EU data shows.
Slow progress made at Bonn climate talks
14 Apr 2009
The latest round of United Nations talks aimed at reaching an ambitious new treaty on the reduction of greenhouse gas emissions wrapped up late last week in Bonn, having achieved what the UN's top climate change official called "important" progress.
State governor calls for carbon tax to fight warming
14 Apr 2009
The Governor of the Australian state of Victoria, David de Kretser, has called for consideration of a carbon tax, to increase the price of goods produced using energy from high-pollution power stations.
ETS uncertainty points to serious energy problems, says Labour
14 Apr 2009
The confusion and uncertainty created by National’s climate change policy is putting New Zealand’s energy security at risk, Labour’s Energy spokesman Charles Chauvel says.
Cross-party pact vital for ETS, says Vector
9 Apr 2009
A strong cross-party agreement on durable climate change policy is the single most important thing that the emissions trading scheme review committee must deliver, the committee is being told this morning.
Energy leaders have big day out at ETS hearings
9 Apr 2009
The energy sector gets its chance to be heard by the ETS review committee this morning.
Greens and Nats do deal over home insulation
9 Apr 2009
Subsidised home insulation is back on the agenda, with National agreeing to work on a project with the Greens.
HFCs clampdown could backfire, company warns
9 Apr 2009
Clamping down on the so-called “bad boys” of human-induced climate change -hydroflourocarbons (HFCs) - in the emissions trading scheme could backfire and actually lead to increased emissions, warns an air conditioning company.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
EXCLUSIVE: Forestry credits sale marks world first
20 Mar 2009
New Zealand’s emissions trading scheme has had its first trade.
NZ drops in global climate rankings as govt 'propels country backwards'
Wed 19 Nov 2025
By Shannon Morris-Williams | New Zealand has fallen to 44th place in global climate rankings, with the country’s climate policy rated “very low” amid widespread rollbacks of environmental protections.
Govt rejects CCC’s advice on net-negative 2050 but makes no official announcement
Thu 20 Nov 2025
By Liz Kivi | The Government has rejected the Climate Change Commission’s advice to strengthen the country’s net zero 2050 target, but appears to have buried the news with its announcement about methane targets last month.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
NZ’s shameful new role as ‘international climate pariah’
13 Nov 2025
OPINION: New Zealand has ratcheted up its climate backsliding in the past month – losing any shred of climate credibility we once had and showing the world we’re giving up on a net zero future, writes Kayla Kingdon-Bebb.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
Govt’s rejection of CCC’s advice on climate targets undermines independent watchdog’s role, says opposition
Today 10:30am
By Liz Kivi | The Government’s latest dismissal of Climate Change Commission advice shows they have their heads in the sand about the reality of meeting climate targets, according to the Labour Party, while the Greens say Government decisions were an embarrassment on the world stage at COP30 this week.
COP30 climate talks evacuated after fire breaks out
Today 10:30am
The UN climate talks COP30 have been evacuated due to a fire breaking out inside the venue in Belém, Brazil.
Mounting emissions due to Government decisions
Thu 20 Nov 2025
By Liz Kivi | The Coalition Government’s climate policies have added a whopping 26 million tonnes of emissions out to 2030, according to new analysis of Government projections.
Act-NZ First split over future of the energy sector
14 Nov 2025
Act leader David Seymour has set out an energy policy platform that diverges sharply from coalition partner NZ First, arguing New Zealand must accept coal-fired backup generation, consider nuclear power, remove political interference from the electricity sector and sell down the government’s majority stakes in the gentailers.
'Little to be hopeful about' – NZ scientists caution ahead of COP30
31 Oct 2025
By Shannon Morris-Williams | Record heat, worsening climate impacts and global backsliding on emission reduction commitments have left some New Zealand climate experts with little optimism as COP30 approaches.
$235 billion worth of NZ buildings exposed to flooding
30 Oct 2025
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
Turkey set to host COP31 after reaching compromise with Australia
Today 10:30am
The COP31 climate meeting is now expected to be held in Turkey after Australia dropped its bid to host the annual event.
NZ’s energy system at a crossroads – report
Today 10:30am
A new report says New Zealand’s rapid shift toward a 95% renewable electricity system is at a critical turning point, urging faster consenting, stronger firming solutions and better grid planning.
DOC trims costs and winds down jobs for nature
10 Nov 2025
The Department of Conservation (DOC) is entering a new phase of tighter budgets and structural change as it winds down the pandemic-era Jobs for Nature programme and reshapes its operations to absorb long-term cost pressures.
Insurers welcome govt decision to keep NHC levy unchanged
Today 10:30am
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Foresters warn ETS reforms could fell innovation
Mon 17 Nov 2025
By Shannon Morris-Williams | Elizabeth Heeg, chief executive officer for the Forest Owners Association, says forestry must not be stripped from the Emissions Trading Scheme, arguing that carbon income underpins forest management and rural resilience.
The hidden dangers in Canada’s oil and gas ambitions
Tue 18 Nov 2025
Premier of Alberta Danielle Smith thinks global demand for oil will grow to 2050, perhaps beyond, and the Alberta industry will be viable for a hundred years.
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.”
Oxfam urges NZ to renew climate funding as Pacific projects face closure
12 Nov 2025
By Shannon Morris-Williams | Oxfam Aotearoa is calling on the Government to urgently renew New Zealand’s climate finance commitments, warning that vital projects supporting Pacific communities’ resilience are running out of funding.
‘We must keep 1.5 alive’ – Minister’s statement to climate summit
Wed 19 Nov 2025
By Liz Kivi | Climate Change Minister Simon Watts has delivered New Zealand’s National Statement to this year’s United Nations climate summit, affirming the country’s commitment to international climate targets and saying “we must keep 1.5 alive.”
TotalEnergies loses in Paris court, marking a turning point for fossil fuel truth-in-advertising
5 Nov 2025
TotalEnergies was found to have misled consumers about its role in the energy transition.
Lake Onslow battery project set for revival?
29 Oct 2025
A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
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.
Ministers urge decisive methane action as global report shows progress, warns of gaps
Wed 19 Nov 2025
Media release: UN Environment Programme | The Global Methane Status Report, launched on the sidelines of COP30 in Belém, shows that while considerable progress has been made since the launch of the Global Methane Pledge in 2021, more work is required to align with the level of ambition and action needed to meet the Pledge.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
A landmark court ruling looms over US absence at COP30
Thu 20 Nov 2025
The historic climate change advisory opinion from the International Court of Justice suggests the United States is violating international law on climate, legal experts say.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
Greens put miners ‘on notice’, pledge to revoke fast-track approvals
Tue 18 Nov 2025
By Shannon Morris-Williams | The Greens have pledged to revoke fast-track consents for coal, hard-rock gold, and seabed mining projects if elected to government next year.
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.
A crucial system of ocean currents may be on course to collapse. This country just declared it a national security threat
Mon 17 Nov 2025
As evidence mounts these currents could be on course for collapse, Iceland’s government has made the unusual move of designating the risk a national security threat.
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
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.
Trump’s anti-climate agenda could result in 1.3m more deaths globally, analysis finds
Today 10:30am
Fallout from increased emissions linked to president’s ‘America First’ policies expected to most affect those in poor, hot countries.
Thousands march outside COP30 summit in call for action
Tue 18 Nov 2025
Marching to the beat of pounding sound systems, thousands of climate protesters have been bringing their message to the gates of the COP30 climate talks in Brazil.
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.
New partnership to fast-track grid connections for major renewable and storage projects
Today 10:30am
Powerco Transmission Services (PTS) has signed a new agreement with Kākāriki Renewables to streamline delivering large-scale wind, solar, and battery projects across New Zealand, in a move intended to accelerate the country’s transition to a low-emissions energy system.
Building resilient cities in a time of climate change
13 Nov 2025
Media release: Otago University | Local and international experts are meeting in Wellington this month to share their knowledge on creating healthier, more resilient cities in the face of the challenges posed by climate change.
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.
Artificial intelligence sparks debate at COP30 climate talks in Brazil
Thu 20 Nov 2025
At the U.N. climate talks in Brazil, artificial intelligence is being cast as both a hero worthy of praise and a villain that needs policing.
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.
New carbon calculator helps Kiwirail customers make sustainable choices
Today 10:30am
Media release | KiwiRail has launched a carbon calculator to meet increasing demand from customers wanting to compare carbon emissions from rail, road and air.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
Climate impacts hit NZ with increasing wild weather
23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
‘It felt bloody awful’: Hope rises from Tongariro’s wildfire ashes
Today 10:30am
By Moana Ellis, Local Democracy Reporter | A devastating wildfire scorched 3000 hectares of Tongariro National Park, but as recovery gets underway, conservation leaders say the blackened landscape could offer a rare chance for large-scale native regeneration. Local Democracy's Moana Ellis reports.
Southland windfarm plan moves through Fast Track process
Wed 19 Nov 2025
By Matthew Rosenberg, Local Democracy Reporter | A $1.1 billion Southland windfarm proposal has reared its head at a regional council after facing rejection earlier this year.
