Topics tagged with 'Emissions trading'
Federated Farmers: Fitzsimons' departure should lead to ETS rethink
24 Feb 2009
“With the news that Jeanette Fitzsimons is to resign as the Green Party’s Co-Leader, the Green Party now stands at a crossroads,” says Frank Brenmuhl, Federated Farmers climate change spokesperson.
Canadians woo our farmers with cash-for-carbon deal
20 Feb 2009
A company that has already distributed more than $7 million to Canadian farming families through soil carbon credits now wants to do the same for New Zealand farmers.
Carter confirms ETS is the way to go
20 Feb 2009
Agriculture Minister David Carter says an emissions trading scheme remains the Government’s preferred option.
Rudd ditches inquiry and sticks with emissions plans
20 Feb 2009
Mounting criticism of Australia’s proposed carbon trading policy forced Prime Minister Kevin Rudd to end the confusion late yesterday by abandoning plans for a new inquiry and declaring the scheme would start as planned in mid-2010.
Clean energy at crossroads as firms cut plans and staff
17 Feb 2009
Green companies are in retreat, with a wave of staff layoffs and production cuts that could have dire consequences for government efforts to fight climate change by quickly bringing low-carbon power projects on stream.
Event: sustainability and the law
17 Feb 2009
Lawyers from more than a dozen countries will meet business executives from New Zealand and beyond at a sustainability conference hosted by Auckland law firm Fortune Manning.
Big emitters win more time to put ETS review case
13 Feb 2009
The closing date for submissions on the emissions trading scheme review has been extended because a group representing some of New Zealand’s largest companies realised it wasn’t going to be heard, Carbon News has learnt.
NZ could take lead on climate-saving biochar, says scientist
13 Feb 2009
New Zealand could be the first country in the world to set up a large-scale biochar plant – considered one of the few technologies that could substantially reduce atmospheric carbon, say British soil science experts.
ETS review beginning of the end, says Turnbull
13 Feb 2009
The Rudd Government’s decision to order a review of its emissions trading scheme is the first step to abandoning the plan, Australian Opposition leader Malcolm Turnbull says.
ASX to launch trading in thermal coal futures
13 Feb 2009
Australia's ASX , Asia-Pacific's second-largest listed stock exchange, plans to launch thermal coal futures contracts from April.
Airlines: Who must pay carbon price to fly into Europe
13 Feb 2009
All airlines using European airports will be regulated under the European Emissions Trading System from January 2012.
‘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.
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.
