Topics tagged with 'Emissions trading'
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.
Japan set to introduce voluntary carbon market
24 Oct 2008
Japan will introduce a voluntary carbon market based on companies' pledged emissions cuts and hopes that thousands of firms will sign up to what could become a forerunner of a mandatory cap-and-trade project.
Financial crisis blurs Australian Treasury's carbon view
24 Oct 2008
The Australian federal Treasury says its modelling that underpins the country’s imminent switch to carbon trading does not include analysis about the destructive impact of the global financial crisis.
Speed up ETS preparations, Australian businesses told
24 Oct 2008
Australian business leaders have been warned to speed up preparation for the incoming emissions trading scheme despite the credit crisis.
Nasdaq buy-out leads it into emissions trading market
24 Oct 2008
Exchange operator Nasdaq OMX Group has announced that it will use assets from a recent acquisition to move into energy and carbon derivatives.
Climate change needs a Roosevelt ‘New Deal,’ says UN
24 Oct 2008
The world should take a leaf from former US president Franklin Roosevelt's songbook for tackling the Great Depression and fund a "Green New Deal" to fight climate change, a United Nations agency says.
EC eyes market solution to deforestation
24 Oct 2008
The European Commission has called for a target to halt global deforestation by 2030, to be delivered partially through a Global Forest Carbon Mechanism (GFCM), under a post-2012 climate agreement.
Carbon slumps on back of weak oil and recession fears
22 Oct 2008
Carbon prices continued to slump overnight on the back of weak oil and growing recession fears.
Current carbon credits available
22 Oct 2008
Broker OMF Financial has the following carbon credits available:
Latest Strip of CER’s 2008 – 2012 Vintage – Indicative Mid Prices
22 Oct 2008
OMF is able to deal over the counter (OTC) on prices in size. Prices below are indicative, subject to change and subject to counterparty credit assessment.
Tsakounis Global to investigate JI coal methane projects in Australia.
22 Oct 2008
Following the recent passing of the New Zealand Emissions Trading legislation, Environmental Intermediaries & Trading Group Limited has appointed Tsakounis Global to investigate Joint Implementation Projects for Coal Mine Methane in Australia.
Nats promise electricity-first ETS by 2010
21 Oct 2008
The National Party will have an emissions trading scheme covering the electricity sector by January 1, 2010, climate change spokesman Nick Smith said in a debate yesterday.
Parker: Nats won't, but we'll answer the questions
21 Oct 2008
Climate Change Minister David Parker says that he is willing to answer Carbon News’ questions on climate change policy – even if National isn’t.
Worst polluters pick up $3b under Australian ETS, says report
21 Oct 2008
Free carbon permits for big polluters will cost Australian taxpayers $3 billion in the first year of the Rudd Government's carbon trading scheme, a new report says.
Use ETS money to fund green projects, says Britain
21 Oct 2008
Money raised from Europe’s Emissions Trading Scheme should be used to fund plans for carbon capture and storage demonstration projects, the British government will stress at an EU energy summit today.
ASX to introduce emission futures next year
21 Oct 2008
The ASX plans to introduce futures contracts for coal, natural gas and renewable energy certificates.
Nats and climate change: The unanswered questions
17 Oct 2008
Carbon News’s questions for the National Party on key climate-change policy issues have met with silence over the past week.
Nat's insulation snub huge setback, says health expert
17 Oct 2008
National’s plan to scrap the $1 billion home insulation fund will be a huge setback to the health of New Zealanders and to moves to cut energy consumption, says a leading health researcher.
National-Maori coalition raises major issues over fate of ETS
17 Oct 2008
ANALYSIS: If a National-Maori Party Government takes power next month the new coalition could face immense difficulties agreeing on changes to the emissions trading scheme.
Rudd firm: Financial crisis won't delay Australian carbon trade
17 Oct 2008
Australian Prime Minister Kevin Rudd has confirmed that plans to introduce a carbon emissions trading scheme by 2010 will not be delayed by the global financial crisis.
Troubled EU pledges to stick with climate change plans
17 Oct 2008
European Union leaders have reasserted their ambition to lead the world in fighting climate change despite the growing economic recession and mounting rifts among its 27 governments.
Finally, EU-Kyoto carbon trading link up and running
17 Oct 2008
Carbon emissions trading schemes in the European Union and under the Kyoto Protocol were connected yesterday after months of technical delays.
Greece again fails to meet emissions test standards
17 Oct 2008
A United Nations committee in Athens said Greece has failed to demonstrate its ability to adequately measure carbon dioxide emissions, endangering its chances of participating in Kyoto Protocol emissions trading programme.
Survey shows energy market opportunities
17 Oct 2008
The latest annual survey of how New Zealanders will cut personal greenhouse gas emissions reveals there is a major market opportunity for those promoting energy efficient appliances.
Market update: credit fears see marked rise in deals through exchanges
15 Oct 2008
Carbon prices continued to rise overnight as confidence starts to return to financial markets.
Carbon credits available
15 Oct 2008
NZUs – December 2009 – 100,000 tonnes – Bid €13.00 and offered €17.00 per tonne.
Latest Strip of CER’s 2008 – 2012 Vintage – Indicative Mid Prices
15 Oct 2008
OMF is able to deal over the counter (OTC) on prices in size. Prices below are indicative, subject to change and subject to counterparty credit assessment.
Nats won't back billion-dollar warm homes plan, says Smith
14 Oct 2008
The National Party says anyone who supports the $1 billion Government plan to insulate New Zealand homes as part of a drive to greater energy efficiency should vote Labour or Green – despite the fact that a poll shows an overwhelming majority of National voters support the scheme.
Govt releases rules for emissions reporting
14 Oct 2008
The Government has released draft regulations for emissions reporting by most of the country’s biggest emitters of greenhouse gases.
No carbon cap leaves NZ wide open, says coalition
14 Oct 2008
Lack of a cap on carbon will result in New Zealand being held hostage to high and volatile prices coming out of the European Union, Greenhouse Policy Coalition executive director Catherine Beard.
Anderton vows to shelter farmers troubled by ETS
14 Oct 2008
Agriculture Minister Jim Anderton has vowed to do all he can to shelter farmers from any adverse effects of the emissions trading scheme.
Financial crisis clouds EU's climate change plans
14 Oct 2008
The international financial crisis and slumping economic activity are threatening Europe's ambitious plans to slash greenhouse gas emissions, with governments eager to avoid saddling companies with additional burdens.
EC set to grant industry relief on carbon trading
14 Oct 2008
Energy-intensive industries are set to receive a huge cash boost from the European Commission as part of a controversial move to protect Europe's industrial sector from world recession.
Top economist supports chamber's views on carbon taxes
14 Oct 2008
The latest pronouncement from one of the world's top economists that a carbon tax is better than an emissions trading scheme to fight global warming is welcome news, according to the Wellington Regional Chamber of Commerce.
ETS will hinder economic growth, says Kiwi Party
14 Oct 2008
Kiwi Party leader Larry Baldock rhas enewed his party's call for the repeal of the Emissions Trading Scheme.
First NZ carbon credits attract strong interest
10 Oct 2008
The first New Zealand carbon credits are on the market.
Ministry updates GHG reporting guidelines
10 Oct 2008
The Ministry for the Environment has updated its guidelines for companies wanting to undertake voluntary greenhouse-gas reporting.
Emerging biodiversity and carbon markets part of Gisborne plan for land-use change
Mon 6 Oct 2025
Gisborne District Council has endorsed a plan to shift up to 100,000 hectares of the region’s most erosion-prone land into permanent vegetation cover and is calling on the Government to make urgent changes to the Emissions Trading Scheme to aid the transition.
Media round-up
Fri 3 Oct 2025
In our round-up of climate coverage in local media: Leaving the Paris Agreement won’t fix NZ’s farming frustrations, what Pacific Island leaders told the UN General Assembly about climate, and Hawke's Bay Regional Council faces class action legal challenge over flooding.
NZ needs to be part of a regional SAF strategy: Z, Air NZ
9 Sep 2025
By Pattrick Smellie | New Zealand needs to be part of a regional strategic approach to sourcing sustainable aviation fuel (SAF), with domestic production less the aim than ensuring access to the fuel from one of a number of strategically positioned bio-refineries around the world.
Travellers bothered by their flight’s pollution can pay to reduce it elsewhere. Do offsets work?
Thu 2 Oct 2025
So you’re booking your flight, and just when you’re about to check out, the airline asks if you’d like to pay a little something to offset your share of the flight’s pollution. Or, maybe you’re an environmentally minded person, and you’ve heard you can buy these things called carbon offsets.
Solar farm gets fast-track treatment
Mon 6 Oct 2025
Lodestone Energy’s proposed 220 MW solar farm at Haldon Station in the Mackenzie Basin has become the first solar project to be referred to an expert panel under the Fast-track Approvals Act 2024.
Researchers say sealing old oil wells with bio-oil from crop waste is a dual carbon-removal solution
19 Sep 2025
A new analysis shows that oil made from corn husks, wood chips, and other waste could plug greenhouse gas-belching abandoned oil wells while sequestering carbon for about $152 per ton.
Will govt’s light touch approach lead to higher carbon prices?
Fri 3 Oct 2025
By Liz Kivi | Carbon market watchers are hoping the government’s plan for the electricity sector will eventually lead to higher carbon prices, with the secondary market still trading sideways for the longest time in its history.
EAT-Lancet report: Three key takeaways on climate and diet change
Mon 6 Oct 2025
A global shift towards “healthier” diets could cut non-CO2 greenhouse gas emissions, such as methane, from agriculture by 15% by 2050, according to a new report.
Climate credibility gap widening for Aussie firms
Wed 1 Oct 2025
By Pattrick Smellie | Australian public companies’ climate change commitments are in retreat, reflecting difficulty in achieving stated targets and increased fossil use, but not because of any pressure to make less effort, according to a study of major companies’ ESG reporting.
Electricity to remain in ETS
Wed 1 Oct 2025
By Pattrick Smellie | The Government has rejected Frontier Economics' recommendation that electricity should be removed from the Emissions Trading Scheme.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
UN limits staff at COP30 climate summit over accommodation concerns
19 Sep 2025
High hotel prices for Brazil's COP30 climate summit in November have prompted the United Nations to urge its staff to limit attendance, while government delegations are still scrambling to find rooms within their budgets.
NZ quiet on climate target at UN meeting
Thu 2 Oct 2025
By Liz Kivi | New Zealand didn't mention its recently minted – but widely criticised – climate target for 2035 at a major multilateral climate meeting in New York last week, at an event which was ostensibly billed as a platform for leaders to present their new targets.
From nuisance to crisis: New report on pest wasps In Aotearoa
24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
Declining sea-ice is altering Antarctic food webs
11 Sep 2025
A new study shows a significant change in Antarctic phytoplankton over time that could cascade through the marine food web and affect the ocean’s capacity as a carbon sink.
Consultation open on second draft of Sustainable Finance Taxonomy
29 Sep 2025
Public consultation has opened on the second draft of the Aotearoa New Zealand Sustainable Finance Taxonomy.
‘Damp squib’ – Govt energy plan slammed for locking in fossil fuels
Thu 2 Oct 2025
By Shannon Morris-Williams | Critics across business, climate groups and the opposition say the Government’s electricity reforms duck structural change, double down on LNG and gas, and offer little relief for soaring power prices – warning of an “expensive white elephant", deeper energy poverty and a missed chance to scale renewables.
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.”
$1.5m for climate action
Mon 6 Oct 2025
The Wilding Pine Network, Rewiring Aotearoa, Papawhakaritorito Charitable Trust, 800 Trust and 350 Aotearoa, have received grants from a total pool of more than $1.5m over two years from of Climate Action Aotearoa's Kaupapa of National Significance Climate Action Fund.
UC wins top international award for civics education
Mon 6 Oct 2025
Media release | A University of Canterbury research group has received international recognition at the highest level of political science.
FMA consults on clearer ethical investment claims to curb greenwashing
29 Sep 2025
The Financial Markets Authority – Te Mana Tātai Hokohoko – has released updated draft guidance for financial products marketed with ethical or sustainability features.
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
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.
Study warns climate leadership falling short in NZ
Wed 1 Oct 2025
Media release - Waipapa Taumata Rau, University of Auckland | Research suggests New Zealand’s climate leadership is falling short, with current adaptation efforts focused on property and cost-cutting rather than protecting communities.
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.
Can the courtroom save the climate?
Thu 2 Oct 2025
It was in early 2017 when it seemed like nearly every person I knew from home was asking me the same question: Should they be worried about what was about to happen in Washington, D.C.?
'Non-negotiable' – EU carbon pricing to hit Kiwi exporters, expert warns
11 Sep 2025
By Shannon Morris-Williams | High carbon exports will inevitably face a high carbon tax at the EU border, possibly in the next five years, and high methane agricultural products might not be exempt, an international expert told a local audience yesterday.
Deep sea mining threatens sharks, rays and ghost sharks
Mon 6 Oct 2025
Mining the world’s deep seas for metals will likely threaten many species of sharks, rays and chimaeras (ghost sharks), according to researchers.
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.
Warming oceans prompt major overhaul of how scientists monitor El Niño and La Niña
Wed 1 Oct 2025
Global warming is interfering with how Earth Sciences New Zealand monitors one of the world’s biggest climate drivers.
China calls EU hypocritical over criticism of climate goal
Wed 1 Oct 2025
The EU climate chief's criticism of China's new climate pledges shows "double standards and selective blindness," China's foreign ministry said on Friday, accusing the bloc of being slow to act on its own climate targets.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Fast-track changes coming before end of year
Fri 3 Oct 2025
The Government is already preparing to amend its fast-track approvals law, even as the first projects consented under the regime begin construction.
Students repeat request for Victoria University to divest from fossil fuel investments
24 Sep 2025
Media release | A group of students campaigning for climate action at Victoria University of Wellington have dropped a banner protesting against the university’s lack of action on its 2014 commitment to divest from fossil fuels.
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.
Countering the Trump administration’s attack on climate science
Fri 3 Oct 2025
The Trump Administration is attempting to remove the legal basis for U.S. action on greenhouse gas emissions by attacking the climate science that underpins it.
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.
Auckland Transport and Kinetic charging ahead for sustainability
30 Sep 2025
Media release | Auckland Transport (AT) and bus operator Kinetic and have taken another step in their decarbonisation journeys with major upgrades completed at Kinetic’s Glenfield bus depot to support a growing zero emissions fleet.
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.
End of EV tax subsidy sparks worries of collapse in US electric car sales
Mon 6 Oct 2025
Automotive executives are bracing for a freefall in U.S. electric-vehicle sales following the disappearance of a critical $7,500 tax break for buyers.
‘Beyond embarrassing’ – Peters’ Paris remarks draw fire for talking down Pacific climate diplomacy
26 Sep 2025
By Shannon Morris-Williams | Foreign Minister and NZ first leader Winston Peters says he wants to revisit the Paris Agreement with Pacific leaders because some may be unaware of how it’s structured.
Day of action against incinerators
29 Sep 2025
Media release | Zero Waste Aotearoa will call on the Ministry for the Environment to embrace real solutions to waste and climate change, not toxic pollution from incineration as part of an international day of action on Tuesday 30 September.
Environment Minister abusing role to put freshwater at risk – Greens
Fri 3 Oct 2025
Media release – Green Party | Documents obtained under the Official Information Act have revealed the Minister for the Environment is pressuring local councils to allow ‘water take’ consents for a group of farmers that includes her party colleague, in a catchment already showing signs of serious decline.
‘Con,’ ‘scam,’ ‘hoax’: Trump’s UN speech on climate
24 Sep 2025
The president used a large chunk of his hour-long speech to world leaders to condemn climate science and clean energy policies.
Trump administration moves to revoke permit for Massachusetts offshore wind project
24 Sep 2025
The Trump administration has moved to block a Massachusetts offshore wind farm, its latest effort to hobble an industry and technology that President Donald Trump has attacked as “ugly” and unreliable compared to fossil fuels such as coal and natural gas.
