Topics tagged with 'Emissions trading'
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.
Time to be climate-positive, NZ businesses told
14 Nov 2008
New Zealand businesses should be embracing a climate-positive future instead of seeing climate change legislation as something from which they need protecting.
FORUM: O'Reilly on leadership group
14 Nov 2008
Your November 11 article O’Reilly questions future of leadership forum could be interpreted as criticism of the individuals on the Leadership Forum on Climate Change.
Exxon Mobil chief slams Australian ETS modelling
14 Nov 2008
Oil giant Exxon Mobil has taken a potshot at the Australian Treasury's view of the likely economic effects of emissions trading, saying it wanted no part of the carbon reduction scheme.
Hide stands firm: ETS should be scrapped
11 Nov 2008
The future of the emissions trading scheme is back on the table today as National and Act continue negotiations to form a government.
Ditch ETS and we're in big trouble, say business bosses
11 Nov 2008
Business leaders are warning against scrapping the emissions trading scheme, saying New Zealand risks international trade sanctions and missing out on business opportunities.
Time for another look at carbon tax, say farmers
11 Nov 2008
Federated Farmers wants the carbon tax revisited.
O'Reilly questions future of leadership forum
11 Nov 2008
Business New Zealand chief Phil O’Reilly is questioning the future role of the Leadership Forum on Climate Change in overhauling the emissions trading scheme, saying that it is highly politicised.
Rudd under pressure to water down emissions scheme
11 Nov 2008
Australian Prime Minister Kevin Rudd is under pressure to water down his government’s plans to tackle climate change as the global financial crisis threatens jobs and economic growth, experts say.
Labour eyes nation-wide electric-car charging network
7 Nov 2008
The Labour Party has announced an election-eve plan for a nationwide infrastructure to recharge electric cars, saying New Zealand could be the first country in the world to get such a network in place.
Nat's bedfellows happy to cuddle up with energy policy
7 Nov 2008
National’s energy policy sits well with two of its three likely coalition partners.
Fisheries TAG in the wings as others wind down
7 Nov 2008
A fisheries ETS technical advisory group is due to be set up next year, but most other advisory groups are winding up.
Concrete makers fear dose of the 'coal syndrome'
7 Nov 2008
The Cement and Concrete Association is sustaining its charm offensive for fear of catching the "coal syndrome" - in which a product becomes so politically negative that it's shipped out of the country to be used elsewhere.
New EU states team up against parts of climate plan
7 Nov 2008
Seven eastern members of the European Union have upheld a joint stand against parts of the bloc's climate package which they fear could harm their economies.
Parker jobs claim wrong, says coalition
7 Nov 2008
Climate Change Minister David Parker’s claims that the current emissions trading scheme will not only be good for the environment, but will increase jobs during the predicted slump, are completely at odds with the views of our leading economists, says the Greenhouse Policy Coalition.
Key ETS agriculture decisions out this month
4 Nov 2008
Officials’ recommendations on how the emissions trading scheme should be applied to the agricultural sector – including the controversial point-of-obligation – will be released at the end of this month.
Steel manufacturer calls for global carbon regime
4 Nov 2008
Glenbrook steel mill owner Bluescope is calling for a global carbon scheme.
Agriculture and emissions trading don’t mix, says report
4 Nov 2008
Imposing emissions trading on to agriculture is like trying to fit a saddle on a cow, the Australian Government has been told in a report released yesterday.
Rudd government to go easy on emissions trading scheme
4 Nov 2008
The Australian Government has no ambitions to set an example by moving dramatically ahead of other countries with its emissions trading regime, Climate Change Minister Penny Wong says.
Expert praises China's will to tackle climate change
4 Nov 2008
China's newly released white paper on climate change demonstrates that China has a strong "political will" to tackle global warming, says a German climate policy professor.
Global recession reaches carbon market
4 Nov 2008
The global economic recession will have a significant effect on the European carbon market, nearly halving the shortfall in EU Allowances (EUAs), according to a new projection in the latest weekly report from IDEAcarbon, a leading carbon market analysis and research firm.
Nervous foresters: We don't want policy flip-flops
31 Oct 2008
Foresters awaiting regulations due to released at the end of the year in order to make firm calculations of their carbon credits and liabilities fear that a new government might turn the existing policy on its head.
Forum leaders keen to keep on being heard
31 Oct 2008
The Climate Change Leadership Forum is making a bid to keep going.
Exporters fear impact of European emissions decisions
31 Oct 2008
New Zealand exporters say increased costs from recent emissions legislation decisions in Europe will be passed on to customers, but Air New Zealand isn’t talking about the potential impact on the cost of air freight and air travel.
Households up for $1 a day under ETS, says Australian Treasury
31 Oct 2008
Emissions trading will cost Australian households a dollar a day when it starts in 2010, according to economic modeling released yesterday by the federal Treasury.
Australian ETS not enough, says leading scientist
31 Oct 2008
Prominent scientist and 2007 Australian of the Year, Professor Tim Flannery, says that the Australian Emissions Trading Scheme is nowhere near sufficient.
Goldman Sachs in pact with carbon-market firm Blue Source
31 Oct 2008
Goldman Sachs Group has signed a strategic alliance with Blue Source, a developer of projects to help companies to offset their greenhouse gas emissions.
Cement giant attacks EU carbon trading plans
31 Oct 2008
European cement giant Heidelberg says the European Commission's planned extension of its emissions trading scheme in 2013 could threaten cement production in the EU.
Europe sees first carbon exchange traded commodity
31 Oct 2008
ETF Securities has announced the launch of Europe’s first carbon exchange traded commodity (ETC), to be listed on the London Stock Exchange.
Economies continue to grow with emissions trading, says Parker
31 Oct 2008
A report released yesterday by the Australian government has confirmed that a country's economy will continue to grow with an emissions trading scheme, and it's cheaper to act sooner rather than later, Climate Change Minister David Parker said.
ETS will put us out of business, says horticulture chief
28 Oct 2008
The horticulture sector’s official body says that the ETS legislation was enacted in dangerous haste and will put many of its members out of business.
Angry airlines condemn EU emissions decision
28 Oct 2008
European Union governments have given formal approval to a potentially costly system of capping greenhouse gases from any airline flying into or out of the trade bloc.
Contact puts $75 million price tag on carbon commitment
24 Oct 2008
Contact Energy expects its carbon liability to cost it at least $75 million a year.
Now is the time to get out of Kyoto, says Hide
24 Oct 2008
ACT party leader Rodney Hide says New Zealand should pull out of the Kyoto Protocol in the face of increased pressures on businesses and households caused by the global financial crisis - but it won’t be a make-or-break issue during any post-election discussions with National.
MAF’s master tool for farm emissions measurement in doubt
24 Oct 2008
The efficiency of a proprietary, home-grown software package that underpins much of the ETS and Kyoto governance calculations is increasingly being called into question.
Britain to auction first carbon allowances next month
24 Oct 2008
The British government has announced it will auction its first batch of carbon credits under the Emissions Trading Scheme next month.
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.
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.
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.
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.
‘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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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”.
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.”
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 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'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.
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.
‘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.
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.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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'.
