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Topics tagged with 'Emissions trading'

More in: Emissions trading
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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.

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.

David Carter ... quiet on agriculture.

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.

Penny Wong ... we remain committed.

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.

Dr John Gaunt

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.

Malcolm Turnbull ... 2010 start date now in question.

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.

Fraser Clark ... we need a good investment environment.

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.

Malcolm Turnbull ... Government has dropped the ball.

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.

Peter Calderwood ... investment decisions need certainty.

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.

James Moulder ... biosequestration the key.

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.

Julia Hoare ... carbon prices could be halved.

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.

Rodney Hide ... a deal's a deal.

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.

Steve Wilton ... confusion over status of ETS.

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).

Peter Dunne ... sticking to his guns.

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.

John Key

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.

Adaptation
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Farm-level emissions cuts possible, but almost everything stands in the way

18 Dec 2025

By Shannon Morris-Williams | Progress to slash farming emissions is being blocked by limited farmer confidence in mitigation tools, inconsistent engagement, misinformation and a lack of clear policy signals, according to a new report.

Agriculture
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Pāmu head of sustainability Sam Bridgman

State-owned farmer drives profit growth with emissions reductions

19 Dec 2025

By Pattrick Smellie | Government-owned Landcorp, trading as Pāmu, is one-third of the way to meeting its 2031 emissions reduction targets, with five years left to run to cut greenhouse gas emissions by 30.3% against 2021 emissions.

Airlines
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NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?

22 Oct 2025

By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.

Aviation
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Air NZ inks deal for its first internationally verified carbon credits

9 Oct 2025

By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.

Biodiversity
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‘Cali Fund’ aiming to raise billions for nature receives first donation – of just $1,000

16 Dec 2025

A major biodiversity fund – which could, in theory, generate billions of dollars annually for conservation – received its first donation of just $1,000 in November.

Biofuels
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Govt launches strategy backing wood-based heat sector

23 Oct 2025

By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.

Carbon Credits
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Waitangi Treaty Grounds

Climate law change spanner in the works for Waitangi Tribunal Inquiry

19 Dec 2025

By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.

Carbon News world
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Seven quiet wins for climate and nature in 2025

19 Dec 2025

This year's environmental backdrop is familiar: emissions are rising and nature is continuing to decline. But there have nevertheless been bright spots in 2025.

Carbon prices
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Govt unveils plans for carbon storage regulations – and ETS rewards

18 Dec 2025

By Liz Kivi | The Government has released plans to regulate carbon capture and storage in natural geological formations, which include Emissions Trading Scheme incentives, with the aim of introducing related legislation in 2026.

Coal
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Global coal demand hit record high this year but is set to decline by 2030

18 Dec 2025

Global coal demand reached a record high in 2025 but is expected to decline by 2030 as renewables, nuclear power and abundant natural gas squeeze its dominance in power generation.

Comment
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Rob Campbell

Investors must support positive climate-tech

28 Nov 2025

OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.

Construction
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RMA’s successors hinge on two untested bets

17 Dec 2025

Two ideas sit at the heart of the Government’s replacement for the Resource Management Act: regulatory relief and spatial planning.

COP
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India at COP30: A mismatch between grandstanding and climate action

11 Dec 2025

Despite India’s attempt to anoint itself as the leader of the developing world, at the COP30 summit, New Delhi’s track record remains contradictory.

Energy
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NZ hydrogen regulation to catch up with the world

18 Dec 2025

By Pattrick Smellie | The government has announced a regulatory reset for New Zealand’s emerging clean tech hydrogen sector.

Extinction
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Conservation Minister Tama Potaka

DOC trims costs and winds down jobs for nature

10 Nov 2025

The Department of Conservation (DOC) is entering a new phase of tighter budgets and structural change as it winds down the pandemic-era Jobs for Nature programme and reshapes its operations to absorb long-term cost pressures.

Extreme weather
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Pacific climate response in question as NZ finance remains unclear

19 Dec 2025

By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.

Fishing
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Transport dominates NZ’s rising consumer emissions

10 Dec 2025

By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.

Gas
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Hydrogen emissions are ‘supercharging’ the warming impact of methane

19 Dec 2025

The warming impact of hydrogen has been “overlooked” in projections of climate change, according to authors of the latest “global hydrogen budget”.

Geothermal
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RMA to speed up fossil fuel consents

18 Aug 2025

By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”

Green finance
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Westpac NZ announces partnership to form Blue Economy hub in Nelson

17 Dec 2025

Media release | Westpac NZ has announced a new three-year partnership with the Nelson Regional Development Agency and Kernohan Engineering to help accelerate the development of a sustainable marine economy – also known as the blue economy.

Greenhouse Effect
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Vanuatu Climate Change Minister, Ralph Regenvanu, speaking at COP28 in Dubai

NZ ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister

12 Dec 2025

By Liz Kivi | Vanuatu’s Climate Change Minister, Ralph Regenvanu, says New Zealand restarting fossil fuel exploration and subsidies is an obvious breach of international law, exposing the country to international and domestic litigation.

Greenwashing
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Govt slammed for weakening methane target

15 Dec 2025

By Shannon Morris-Williams The Government has pushed through legislation under urgency to almost halve New Zealand’s 2050 methane target – a move Opposition parties say disregards scientific advice, breaks the country’s hard-won political consensus on climate action, and shifts the burden of higher warming and higher future costs onto the next generation.

Hydro power
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Ralph Regenvanu (centre) at the COP30 climate summit.

COP30 microcosm of difficult geopolitics, says Vanuatu's Climate Minister

15 Dec 2025

By Liz Kivi | Despite ‘intransigent’ states blocking multilateralism and a disappointing official outcome, Vanuatu’s Climate Change Minister Ralph Regenvanu says he left the COP30 climate summit feeling more positive than after previous UN climate conferences.

Hydrogen
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Hiringa chief executive Andrew Clennett

Hiringa eyes green methanol plant near Whanganui

29 Jul 2025

By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.

Insurance
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Insurers welcome govt decision to keep NHC levy unchanged

21 Nov 2025

Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.

Kyoto
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Prime Minister Christopher Luxon with US President Donald Trump in South Korea last week.

Why I’m not outraged at the Govt’s latest climate backsliding

7 Nov 2025

COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.

Litigation
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Three Greenpeace activists removed by police from Fonterra

17 Dec 2025

Media release | Three Greenpeace activists were removed by police from Fonterra’s downtown Auckland offices, following a protest on Monday at the Shareholders’ Fund meeting over the corporation’s role in the contamination of rural communities’ drinking water.

Low carbon
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Oil and gas majors would create $78bn more value by stopping exploration

11 Dec 2025

Media release | Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development, according to new analysis released today by ACCR.

Mining
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Wetlands and biodiversity at risk as mining rules loosen: Greenpeace

19 Dec 2025

By Shannon Morris-Williams | Greenpeace says Government changes to national direction instruments under the RMA paves the way for mining in wetlands and biodiversity hotspots and will expose some of Aotearoa’s most fragile ecosystems to irreversible damage.

NZ ETS
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NZ could become ‘dumping ground’ for dirty vehicles: Commissioner

16 Dec 2025

By Liz Kivi | Simon Upton, Parliamentary Commissioner for the Environment, has warned the Government that its changes to the clean car standard could turn the country into a dumping ground for high emitting cars, making future emissions budgets harder to achieve.

NZ Market Report
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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.

Oceans
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Offshore windfarms enhance function of coastal waters and diversity of aquatic life

19 Dec 2025

Media release | A study conducted by researchers from Murdoch University in Australia and Dalian Ocean University in China has found that offshore windfarms can improve marine ecosystems and diversify aquatic food chains.

Paris Agreement
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‘A shift no country can ignore’: where global emissions stand, 10 years after the Paris climate agreement

16 Dec 2025

The watershed summit in 2015 was far from perfect, but its impact so far has been significant and measurable.

Planetary boundaries
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Govt consulting on Pacific Resilience Facility

12 Dec 2025

The Foreign Affairs, Defence and Trade Committee is calling for submissions on its international treaty examination of the Agreement to Establish the Pacific Resilience Facility.

Plastics
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Govt green lights rural recycling scheme

4 Dec 2025

The Government has approved new regulations to bring rural waste schemes under one unified framework.

Protest
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Kommi performing on Saturday

KiwiRail pauses coal trains amid rising climate protests

9 Dec 2025

By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.

Rare earth minerals
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New Zealand Minerals Council chief executive Josie Vidal

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.

Renewable energy
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Could tidal energy one day power NZ?

18 Dec 2025

By Shannon Morris-Williams | New research suggests Aotearoa holds some of the world’s strongest tidal-stream energy potential – enough to generate up to 93% of today’s electricity use – but one expert cautions that extracting energy at such a scale could have significant impacts and remains highly uncertain.

Science
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NZ could lose nearly all glaciers this century without stronger climate action

16 Dec 2025

New Zealand could see 97% of its glaciers vanish by 2100, with new international modelling projecting a rapid acceleration in glacier extinction from the 2030s onward – even under lower-warming scenarios.

Tax
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Solar households to get little-noticed tax break

23 Sep 2025

A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.

The House
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Resources Minister Shane Jones

Last minute change to oil and gas legislation over cleanup costs

31 Jul 2025

By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.

Transport
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The surprisingly convincing case against cars

19 Dec 2025

Life After Cars dares to imagine how different, and enriching, a car-free world could be.

Waste
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Kaicycle celebrates ten years of collective climate action in Pōneke

14 Nov 2025

Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.

Water
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Heatwaves, downpours and droughts – Auckland on track for more extreme weather

1 Dec 2025

By Shannon Morris-Williams | New projections show Auckland will face more heatwaves, heavier downpours, worsening droughts and growing coastal threats as climate extremes intensify, according to a new report from Earth Sciences New Zealand.

Wildfires
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NZ just had its hottest spring in at least 116 years

10 Dec 2025

By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.

Wind energy
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Media round-up

12 Dec 2025

In our round-up of climate coverage in local media: Another offshore wind firm exits New Zealand over a clash with seabed mining; Fonterra falls behind on its climate goals as farm emissions remain flat; and the businesses trapped by the gas 'death spiral'.

More in: Emissions trading
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