Topics tagged with 'Emissions trading'
Harawira tries again to link treaty and ETS
12 Dec 2008
The Maori Party is again trying to get the impact on Treaty of Waitangi settlements included in the emissions trading scheme.
Poznan pressure groups blast Australia
12 Dec 2008
Environmental groups have blasted Australia as the single biggest disappointment at climate change talks in Poland, saying it was "Groundhog Day" with the Rudd Government acting like the Howard government.
Trading market key is infrastructure, says report
12 Dec 2008
The development of a successful global carbon trading market that delivers real and cost-efficient greenhouse gas emission reductions will require an improved market infrastructure, according to a report issued today by The Bank of New York Mellon.
ETS review committee announced
9 Dec 2008
The ETS review is shaping as a bun-fight, with Rodney Hide, David Carter and Jeanette Fitzsimons all on the committee that will do the work.
Smith: we want consensus on climate change
9 Dec 2008
Climate Change Minister Nick Smith says he wants New Zealand to build a broader consensus on how to make progress on climate-change issues.
Chauvel: Hide failed to show for the last select committee
9 Dec 2008
Labour says that Act Party leader Rodney Hide has some gall pushing a new select committee inquiry into the emissions trading scheme when he hardly showed up for the last one.
Dunne at the helm: We need an ETS quickly
9 Dec 2008
New Zealand needs a robust emissions trading scheme in place as quickly as possible to reassure businesses and shore-up our international credibility, says the man who will chair the ETS review.
Buck: Forget ETS review, we're nearly out of time
9 Dec 2008
A New Zealander named in Britain as one of the 50 people most able to prevent the continued destruction of the world says that New Zealand doesn’t have the luxury of “forgetting” about climate change while it reviews its legislative direction.
Wairarapa pine planters mourn loss of ETS millions
9 Dec 2008
Wairarapa’s long-established pine forests would have generated the best part of $5 million for their owners if the emissions trading scheme had gone ahead, says carbon trader Greenair.
At last, forest owners get a date with the minister
9 Dec 2008
Representatives from the forestry industry will finally have an opportunity to put their concerns over delays to the emissions trading scheme to the new Minister for Climate Change Issues, Nick Smith, in person this week.
Brussels talks will decide EU stance on climate change
9 Dec 2008
French president Nicolas Sarkozy met central and eastern European leaders in Gdansk at the weekend but failed to persuade them to accept crucial elements of the package – notably auctioning permits for carbon dioxide emissions from power plants, the Irish Times reported.
Emissions scheme 'sound', but Treasury issues warning
5 Dec 2008
Treasury says that the emissions trading scheme is sound, and warns that giving “generous treatment” to emitters would simply transfer the costs to taxpayers.
We should put a price on water, says Treasury
5 Dec 2008
Treasury is floating the prospect of a market price for water.
Wait for trading road to clear, foresters told
5 Dec 2008
Forest owners are being advised to wait out the current period of emissions trading uncertainty amid calls for the carbon trading sector to be regulated.
Pressure mounts on Rudd to cut emissions by 25%
5 Dec 2008
Developing countries are intensifying the pressure on Australia and other wealthy nations to promise to cut greenhouse emissions by at least 25 per cent by 2020 at talks in Poland this month.
UK airport tax 'reprisal' for NZ stand on food miles
5 Dec 2008
Britain’s $240-a-head airport surcharge scheme amounts to a reprisal against New Zealand's stance on the food miles issue, some industry sources believe.
ETS review could damage farming, says Pedersen
2 Dec 2008
Former farming leader Charlie Pedersen, who championed the need for agriculture to be in the New Zealand emissions trading scheme even though he felt isolated and unsupported, is warning that the farming sector could be damaged by the review of the climate change and the ETS.
Foresters fear trading advice is a waste of time
2 Dec 2008
The forestry industry fears that the wrong kind of advice is stepping in to fill the vacuum left by the new government as forest owners struggle to come to terms with what New Zealand’s potential emissions trading turn-around might mean.
We're risking our clean reputation, says organics chief
2 Dec 2008
New Zealand risks scoring a “spectacular own-goal” if it backs away from its proactive stance on climate change, a leading agricultural lobbyist says.
District council factors in 10% cost of ETS
2 Dec 2008
Stratford District Council will factor in a 10 per cent increase in operating costs from 2011 to cover the increased transport and reporting costs under the current ETS, and “perhaps” a 5 per cent increase in its farm operating budget from 2013.
Australia’s final carbon scheme out this month
2 Dec 2008
The final shape of Australia’s future emissions trading will be known on December 15 when Climate Change Minister Penny Wong releases the Carbon Pollution Reduction Scheme white paper.
Anxious EMA wants to meet ministers on ETS review
28 Nov 2008
The Employers and Manufacturers' Association is seeking urgent meetings with government ministers to express concern that a review of the emissions trading scheme might include questioning whether human-induced climate change is real.
Govt mum on position for Poznan
28 Nov 2008
Government ministers and officials are tight-lipped the position New Zealand will take at next week’s Poznan talks preparing for next year’s Copenhagen conference on the second commitment period of the Kyoto Protocol.
Why you should know your carbon footprint
28 Nov 2008
Taxes aren’t a barrier to operating profitably in a carbon economy, but a lack of knowledge is, says Landcare Research’s carboNZero technical manager Ann Smith.
POZNAN 1: Where the big players stand
28 Nov 2008
After a year of debate on what a post-Kyoto climate deal should look like, the United Nations has published a report setting out its ideas in the hope that it will facilitate an agreement during negotiations in Poznan, Poland, next week.
UK moves send a strong signal to NZ exporters to cut carbon
28 Nov 2008
The UK Government's move to reform air passenger duty from two to four distance bands, increasing the cost of flying to New Zealand, is just the start of actions New Zealanders will see from throughout the world in a bid to lower emissions.
ETS on hold results in some “carbon traders” promoting VCS to New Zealand exotic forest owners.
28 Nov 2008
Parties are trying to promote the voluntary carbon standard (VCS) www.v-c-s.org now the ETS is under review, says the Environmental Intermediaries & Trading Group Limited.
Forest owners to confront new minister with facts
25 Nov 2008
Forest owners expect to meet the new Minister for Climate Change Issues Nick Smith later this week to tell him what National and Act’s agreement to review and potentially scrap the Emissions Trading Scheme (ETS) is costing the industry.
Don't panic, emissions expert tells NZUs sellers
25 Nov 2008
There are still opportunities for foresters looking to sell NZUs, says Kensington Swan partner Bryan Gundersen.
Oil companies hail move to look at carbon tax
25 Nov 2008
Oil and gas companies are applauding National's moves to revisit carbon tax and to overhaul the Resource Management Act, and say they are confident of a better working relationship with the new government than with the old one.
Listener criticises government's ETS move
25 Nov 2008
The new government's decision to completely review the emissions trading scheme "beggars belief", says the Listener.
British climate change bill shows how it can be done
25 Nov 2008
New Zealand lawmakers might be unable to agree on how to tackle climate change, but an extraordinary show of cross-party unity by their British counterparts is about to make that country the first in the world to have legally binding emissions reductions targets.
Key joins APEC leaders in call to fight climate change
25 Nov 2008
New Zealand Prime Minister John Key, whose new government has suspended the country’s emissions trading scheme, is among Asia-Pacific leaders who have collectively called for a comprehensive effort to address climate change through international cooperation.
We're now a joke in Europe, says carbon trader
21 Nov 2008
Delaying the emissions trading scheme is costing New Zealand the chance to be the major Asian carbon market hub, says a leading New Zealand trader.
Hold on to your carbon credits, experts advise
21 Nov 2008
New Zealanders shouldn’t buy or sell carbon credits until the Government’s plans for the emissions trading scheme are clear, says a prominent law firm.
NZ businesses told: Get used to it, carbon rules
21 Nov 2008
New Zealand business will have to account for its carbon – regardless of whether it is through an emissions trading scheme or a carbon tax, says PricewaterhouseCooper partner and sustainability specialist Julia Hoare.
Protests follow UK’s first carbon permits auction
21 Nov 2008
The UK government is facing protests from various quarters after it said that the proceeds of the sale of carbon permits would not necessarily be used to tackle climate change issues.
British MPs pass landmark climate change bill
21 Nov 2008
MPs have given final approval to a bill committing Britain to cut greenhouse gas emissions by 80 per cent by 2050 - the first country to have such a legally binding framework on climate change.
National already breaking promises on climate change, says Labour
21 Nov 2008
National leader John Key's U-turn on the Emissions Trading Scheme is his first broken promise, says the outgoing Minister for Climate Change Issues, David Parker.
Business council not surprised by ETS review
21 Nov 2008
Business leaders not surprised by emissions trading review, but concerned about suspending the act, says the Business Council for Sustainable Development.
EXCLUSIVE: Carbon market leader shelves NZ plans
18 Nov 2008
One of the biggest players in the world carbon market has put plans to set up in New Zealand on hold in the wake of the new government’s decision to review the emissions trading scheme.
NZUs 'dead' as carbon market struggles with confusion
18 Nov 2008
Sales of NZUs are effectively dead as carbon markets struggle to understand the implications of the new government's moves on the ETS.
ETS delay deal scuppers forestry project worth millions
18 Nov 2008
A $125 million forestry project has been scrapped and scores of forestry jobs lost as a result of a deal between the Act and the new National government to review the emissions trading scheme.
Worried investors back off renewables sector decisions
18 Nov 2008
Investment decisions in the renewable energy sector are hanging in the balance because of uncertainty over the future of the emissions trading scheme.
Nats' ETS position changes from promise to preference
18 Nov 2008
The National Party has changed its pre-election promise to have an emissions trading scheme up and running by January 1, 2010 to a “preference”.
Big Three power companies silent on changes
18 Nov 2008
Most power companies are remaining tight-lipped in the wake of news that the National-led government will scrap the ban on new non-essential fossil-fuelled power stations and will review the emissions trading scheme.
Review of climate change law applauded
18 Nov 2008
Business welcomes the National government’s rapid move to reviewing the emissions trading scheme as they promised, the Employers and Manufacturers’ Association (Northern) says.
National reneges on climate change commitments
18 Nov 2008
The Environmental Defence Society has expressed “profound dismay and disappointment” at National’s confidence and supply agreement with ACT.
Fundamental change towards government spending
18 Nov 2008
Decisions made by the incoming Government signal a fundamental change in attitude to government spending, says Business NZ.
ETS uncertainty worries geothermal developers
14 Nov 2008
Uncertainty over the future of the emissions trading scheme and the thermal generation moratorium is casting doubt over the development of new geothermal projects in the Bay of Plenty.
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.
