Topics tagged with 'Emissions trading'
‘Enron risk’ high for carbon market, says report
10 Feb 2009
The rapidly growing industry to manage greenhouse gas emissions is suffering from a profound skills shortage, according to a global survey of those involved in the sector.
Australian executives ahead of pack on climate change
10 Feb 2009
MORE than 50 per cent of Australia's business chiefs believe they have not received adequate information about the impact of climate change on business.
Australian trader records biggest carbon sale
10 Feb 2009
Australia has recorded its largest carbon trade to date as trading in the over-the-counter carbon market gains momentum ahead of the introduction of a carbon pollution reduction scheme scheduled for mid-2010.
Event: The 2nd Annual Carbon Accounting and Reporting Masterclass
10 Feb 2009
Finding out what a carbon account actually looks like and positioning for the carbon climate we’re now in is important for any company or organisation, says Cawthron Insistute sustainable business analyst Ian Challenger.
Forest owners close to getting first NZUs
3 Feb 2009
New Zealand forest owners will receive their first NZUs next month.
NZX London partner out of the registry-sale loop
3 Feb 2009
Plus Markets Group management says it was unaware of the sale of NZX's TZ1 wholly owned carbon registry subsidiary.
BP accused of watering down EU green agenda
3 Feb 2009
Oil industry lobbying at the heart of the European Union has undermined efforts to tackle climate change, environmental groups are claiming.
Carbon trading may be new sub-prime, says energy boss
3 Feb 2009
The row over the working of the European Union’s emissions trading scheme has intensified with EDF Energy warning that speculators risked turning carbon into a new category of sub-prime investment.
Drop in consents builds case for housing and green-home fund
3 Feb 2009
A dramatic drop in building consents and fears about the long-term health of the building industry is more evidence that social housing and the Green Homes Fund have a critical role in the Government's stimulus plan, says Green Party co-leader Jeanette Fitzsimons.
Big UK polluters abusing EU carbon trading scheme
30 Jan 2009
Britain’s biggest polluting companies are abusing a European emissions trading scheme designed to tackle global warming by cashing in their carbon credits in order to bolster ailing balance sheets.
EU puts plan for global carbon trading system
30 Jan 2009
The European Union is calling on developed countries - particularly the US - to sign on to a global system for trading carbon credits to curb greenhouse gas emissions.
NZ could pay the price for Australian energy targets
27 Jan 2009
Australia’s mandatory renewable energy target of 20 per cent by 2020 could cost New Zealand investment dollars.
Rudd minister rubbishes Opposition’s ETS scheme
27 Jan 2009
Australian Climate Change Minister Penny Wong has scoffed at Opposition claims that the Rudd Government has done nothing on developing clean energy sources, insisting it has already allocated $1 billion for development of renewable technologies and clean coal.
Australia better investment bet than NZ, says Trustpower
23 Jan 2009
Confusion over New Zealand policies is making Australia a better place in which to invest in renewable energy projects, says Trustpower.
Mighty River chief takes on carbon management
23 Jan 2009
It might not seem like the natural time to leave an established career in general management and take up a role in a new carbon funds management company, but for New Zealand Carbon Funds Management managing director James Moulder the timing is perfect.
ETS review submissions start to flow
23 Jan 2009
Submissions on the review of the emissions trading scheme are starting to trickle in.
UK names date for second emissions trading auction
23 Jan 2009
The British Government intends to hold its second auction in Phase II of the European Union's Emissions Trading System on March 24.
New firm eyes Africa’s carbon trading potential
23 Jan 2009
A new advisory firm will focus on increasing carbon emissions trading in sub-Saharan Africa.
Obama's green leadership challenges National, say Greens
23 Jan 2009
As the new US president promised again to champion the environment, Green Party co-Leader Dr. Russel Norman asked why New Zealand's government is headed in the opposite direction.
ETS puts NZ power users $360m behind Australia
20 Jan 2009
New Zealand electricity users are at a $360 million-a-year disadvantage when compared with our transtasman neighbours, thanks to the emissions trading scheme.
Cheaper carbon is the up-side of the downturn
20 Jan 2009
The cost of implementing an emissions trading scheme is falling with the recession, says a prominent business adviser.
Nats' ETS opinions don't worry me, says Hide
20 Jan 2009
Act Party leader Rodney Hide says that he is unconcerned by comments from United Future leader Peter Dunne and Energy Minister Gerry Brownlee that New Zealand’s emissions trading scheme is here to stay.
Obey the law, minister tells confused forest owners
20 Jan 2009
Forestry Minister David Carter has told forest owners concerned about the vailidy of the the emissions trading scheme that they should obey the law.
Some Australian units hit the carbon market
20 Jan 2009
Australia put its toe in the water yesterday with a small trade in Australian Emissions Units (AEUs).
PwC buys international environment advisory firm
20 Jan 2009
PricewaterhouseCoopers has announced the acquisition of the US operations of Sustainable Finance Limited, an international advisory firm with operations based in America, Britain and Holland.
Defer the ETS to minimise job losses, says MEUG
20 Jan 2009
The pros and cons of deferring the Emissions Trading Scheme should be considered by the Prime Minister’s Summit on Employment next month,” says Ralph Matthes, executive director of the Major Electricity Users’ Group (MEUG).
No takers with emissions trading review a month away
16 Jan 2009
Submissions on the review of New Zealand emissions trading scheme close on February 13 - and so far none have been made.
Solid Energy: NZIER report all we funded
16 Jan 2009
Solid Energy says that the NZIER report on the implications of the emissions trading scheme is the only work it has funded on the issue.
World carbon market could be worth $150 billion this year
16 Jan 2009
Despite the slumping economy, the value of the worldwide carbon market soared 84 per cent in 2008 to reach $118 billion, and could reach $150 billion this year.
UN carbon trading scheme suspends reluctant Russia
16 Jan 2009
The immaturity of one of the United Nation’s flagship carbon trading schemes has been underlined after Russia was suspended from registering carbon credits on the international transaction log (ITL) as a result of unpaid fees.
Emissions trading will increase Aussie grazing costs
16 Jan 2009
Emissions trading could increase the production costs for livestock by 18 per cent by 2030 if farmers have to offset methane emissions from their cattle and sheep, according to the Australian Bureau of Agricultural and Resource Economics (ABARE).
National will have to do better than announce old policy , says Anderton
16 Jan 2009
The National Party is to be congratulated for finally recognising the importance of climate change mitigation for farmers, but it’s a bit cheeky to act as if it has a new fund of money, Opposition agriculture spokesman Jim Anderton says.
Confused forest owners keep planting plans on hold
19 Dec 2008
The Government’s announcement that it will not now suspend the emissions trading scheme will not get forest owners planting again, they say.
ETS select committee opens for business
19 Dec 2008
Submissions on the review of the emissions trading scheme are now open.
No suspension of ETS - what the PM said
19 Dec 2008
On Wednesday, Prime Minister John Key told Parliament that the Government would not now suspend the emissions trading scheme.
Shipowners seek rewards for cutting emissions
19 Dec 2008
The New Zealand shipping industry wants rewards built into the emissions trading scheme for companies that cut greenhouse gas emissions from their fleets.
Season's greetings - and thanks from Carbon News
19 Dec 2008
Carbon News publishes 48 weeks of the year.
EU slashes emission caps on utilities, factories
19 Dec 2008
The European Union approved tighter emission caps on energy and manufacturing companies as of 2013, bolstering the world’s biggest greenhouse-gas market in a bid to spur the US and China to help to fight climate change.
Japan’s voluntary emissions scheme attracts 500 firms
19 Dec 2008
More than 500 businesses have now joined Japan’s two-months-old voluntary emissions trading scheme, the government has announced.
The new slavery - some say it's time to face up to the curse of oil
19 Dec 2008
British Prime Minister Gordon Brown sees dependence on oil as the modern version of slavery.
PM indicates ETS law will not be suspended during review
18 Dec 2008
The Prime Minister has indicated the ETs law will not be suspended during the select committee review.
Aquaflow eyes world-first algae biofuel flight
16 Dec 2008
The world's first test-flight using Aquaflow's algae-based biofuel blend could be just months away - and it might be in New Zealand.
Dunne to bar time-wasters from ETS review hearings
16 Dec 2008
Groups wanting to relitigate the science of climate change or to grandstand on the issue are likely to find themselves shut out from appearing before the select committee reviewing the emissions trading scheme.
NZ should be backing geothermal brains, says expert
16 Dec 2008
The skills of New Zealand scientists and engineers in the area of geothermal energy could make a real difference to global climate change, says Sinclair Knight Merz (SKM) regional manager Michael Shirley.
Ministry extends time for carbon-reporting comments
16 Dec 2008
The deadline for commenting on rules governing the way in which New Zealand’s largest industrial emitters of greenhouse gases report their carbon levels has been extended.
Brownlee urgently wipes thermal ban and biofuel requirement
16 Dec 2008
Laws requiring oil companies to sell biofuel and banning the building of new non-baseload thermal power stations are expected to be gone by the end of the week.
Poznan positives: At least some progress is being made
16 Dec 2008
If one message has emerged from the long and often tortuous hours of climate negotiations in recent years, it is this: In the end, progress is being made.
National will have an ETS, says Brownlee
12 Dec 2008
National will bring in an emissions trading scheme, says Energy Minister Gerry Brownlee.
Critics slam NZ attitude at Poznan climate talks
12 Dec 2008
New Zealand is making a name for itself at the UN climate change summit in Poznan – for all the wrong reasons.
Forest owners 'positive' after meeting new minister
12 Dec 2008
The forestry sector is waiting to see how its new minister converts his understanding of issues facing the industry into action.
Climate progress slowing, says Auckland councillor
Thu 5 Jun 2025
By Shannon Morris-Williams | The devastating cyclone that tore through Tāmaki Makaurau in 2023 left behind more than just broken infrastructure, sparking calls to focus on facts over ideology in the fight against climate change.
Fed Farmers launches campaign against carbon forestry
Fri 6 Jun 2025
By Liz Kivi | Federated Farmers has launched what they are calling the ‘Save Our Sheep’ campaign, blaming carbon forestry for declining sheep numbers and calling on the government to urgently review the Emissions Trading Scheme.
Greenwashing is rife in Australia, but could its days be numbered?
28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Microplastics found in sand on dozens of NZ beaches
Wed 4 Jun 2025
Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.
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.
Govt mulls status quo for ETS auction settings
29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
Global energy investment set to hit record $3.3 trillion in 2025, IEA says
Fri 6 Jun 2025
A surge in clean energy spending is expected to drive a record $3.3 trillion in global energy investment in 2025, despite economic uncertainty and geopolitical tensions, the International Energy Agency said on Thursday.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Common low-grade clay strengthens low-carbon concrete
Thu 5 Jun 2025
Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.
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.
Gas supply reducing faster than forecast
Thu 5 Jun 2025
By Liz Kivi | Gas reserves have reduced 27% as of 1 January 2025 compared to last year, according to data released today by the Ministry of Business, Innovation and Employment.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Extreme ocean warming engulfed South-West Pacific in 2024
Fri 6 Jun 2025
By Shannon Morris-Williams | Unprecedented ocean warming engulfed the South-West Pacific in 2024, with extreme heat and rainfall causing deadly and devastating impacts and sea level rise threatening entire islands.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Biochar's negative emissions tech coming to Fieldays
Fri 6 Jun 2025
Biochar Network New Zealand will showcase its negative emissions technology biochar at this year's Forestry Hub at Fieldays 2025.
Vanuatu criticises Australia for extending gas project while making COP31 bid
Wed 4 Jun 2025
Vanuatu’s climate minister has expressed disappointment over Australia’s decision to extend one of the world’s biggest liquefied natural gas projects and said it raises questions over its bid to co-host the COP31 summit with Pacific nations.
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.
Electrification challenge for politicians, regulators
27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
How the little-known ‘dark roof’ lobby may be making US cities hotter
Fri 6 Jun 2025
As cities heat up, reflective roofs could lower energy bills and help the climate. But dark-roofing manufacturers are waging a quiet campaign to block new rules.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
What happened to the hydrogen economy?
Tue 3 Jun 2025
The hydrogen car that was supposed to carry us into a cleaner future is still not in the driveway. In fact, outside of a few test markets, it’s not in anyone’s driveway.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
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.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
Govt's RMA overhaul sparks fears for nature and climate
30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
Thu 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.
Top ocean experts sound the alarm over growing marine crisis due to climate change
Fri 6 Jun 2025
On the opening day of a global science conference, French fishery scientist Clea Abello presented research showing that marine protected areas could protect commercially valuable fisheries.
Tech alone won’t save us, warns climate expert
Wed 4 Jun 2025
By Shannon Morris-Williams | Technology alone won't be enough to reach net zero emissions, environmental psychologist Lorraine Whitmarsh told the Carbon and Energy Professionals conference in Auckland last week.
New research reveals NZ’s natural resource footprint
29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
NZ's first chance in 20 years to catch up on waste
30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
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.
UK’s solar power surges 42% after sunniest spring on record
Fri 6 Jun 2025
The UK’s solar farms and rooftops generated more electricity than ever before in the first five months of 2025, as the country enjoyed its sunniest spring on record.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
US: Clean energy project cancellations top $14 Billion so far in 2025
Wed 4 Jun 2025
Businesses have pulled the plug on big projects amid Trump’s retreat on climate action. But plenty remain in the pipeline, awaiting a Congressional decision on tax credits.
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.
“It’s not the car – it’s how we move” – EECA
Tue 3 Jun 2025
By Shannon Morris-Williams| New Zealand’s transport emissions conversation has focused heavily on electric vehicles – but Richard Briggs, group manager, delivery and partnerships at the Energy Efficiency and Conservation Authority, says we’re asking the wrong question.
Europe’s next climate target may already have been agreed in Berlin
28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Water crisis on the horizon?
26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
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.
