Topics tagged with 'Emissions trading'
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Minister backs ETS review climate change stand
6 Mar 2009
The emissions trading scheme review is standing by its decision not to hear debate about the validity of climate change science - and has the backing of Climate Change Minister Nick Smith.
ETS delay hampers lake protection moves
6 Mar 2009
Delays in establishing a domestic carbon market are hampering the efforts of a trust set up to protect an iconic New Zealand natural landmark.
Credit freeze forces foresters to stall harvests
6 Mar 2009
A bank freeze on credit - especially on letters of credit - is prompting forestry owners to keep their trees in the ground because they cannot find the cash to export them.
Airlines could have planes seized under emissions rules
6 Mar 2009
Britain’s Environment Agency is to be given powers to seize planes from airlines which break the rules of a new scheme to limit flights' carbon emissions.
Prime Minister further undermining progress on climate change: Labour
6 Mar 2009
The withdrawal by Greenpeace on Wednewday from the ETS Review Select Committee, when it learned of John Key's latest position on climate change science, puts progress in this area at further risk, says Labour spokesperson for Climate Change Charles Chauvel.
Key Business NZ manager now minister's ETS kingpin
3 Mar 2009
Business New Zealand's energy, environment and infrastructure manager has a new job advising the government on climate change and emissions trading.
ETS submissions close, but numbers are secret
3 Mar 2009
Submisisons on the review of the emissions trading scheme have closed - but just how many there are is still under wraps.
'Alive and well' AAUs surviving money crisis
3 Mar 2009
The market for government-level emissions rights under the Kyoto Protocol is alive and well, mostly unfazed by the global economic downturn, according to Reuters.
Business group to push for interim green tax
27 Feb 2009
The prospect of delaying the emissions trading scheme and introducing a green tax as an interim measure is being raised by a major business group.
Confused foresters lament lack of Government direction
27 Feb 2009
New Zealand forest owners will soon be able to claim AAUs for carbon sequestered last year, but a lack of clarity over Government policy means the country unlikely to see a flurry of carbon-market activity.
Business NZ stance may not give Government support it needs on ETS
27 Feb 2009
ANALYSIS: Policies proposed in a draft Business New Zealand submission to the select committee reviewing the ETS, obtained by Carbon News, would aim to “remove the carbon risk for business”.
Roundtable lines up Lomborg for second tour
27 Feb 2009
The New Zealand Business Roundtable appears to be planning a reprise tour of New Zealand by influential climate change academic Bjorn Lomborg.
Carbon price floor not the way to go, say experts
27 Feb 2009
Falling carbon prices should not be supported through artificial price floors or direct government intervention, as this may deter new players and stunt the still-nascent market's growth, carbon market experts believe.
Pressure builds on Rudd to delay emissions scheme
27 Feb 2009
The Rudd government yesterday came under renewed pressure to delay plans for carbon trading when Australia’s leading industry body claimed the global downturn made a 2010 start unrealistic.
Obama's commitment to ETS a signal to NZ
27 Feb 2009
A renewed strong commitment to introduce emissions trading by US President Barrack Obama sends New Zealand a signal to get on with implementing its own ETS scheme and securing the country’s trade and tourism, says the New Zealand Business Council for Sustainable Development.
NZUs market needs more industries, say foresters
24 Feb 2009
The NZUs market will not operate efficiently until other industries enter the emissions trading scheme, a forestry company is telling the Government.
TZ1 signs up another scheme
24 Feb 2009
New Zealand-based environmental markets registry provider TZ1 Registry has been appointed as the global registry for Plan Vivo.
Aussies in dark on emissions effort, survey shows
24 Feb 2009
Most Australians have no idea how Prime Minister Kevin Rudd's emissions trading scheme will work, and do not realise individual efforts will make no difference to stopping climate change.
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.
