Topics tagged with 'Emissions trading'
EU nods to credit crisis but remains tough on emissions
10 Oct 2008
A powerful European Union committee on Wednesday handed some concessions to industries in an economic downturn but maintained a tough line on curbing carbon emissions in the fight against climate change.
Fiji eyes billion-dollar windfall from carbon trading
10 Oct 2008
The Fiji Government is aiming to receive at least $US1billion in foreign exchange from carbon trading for the next 25 to 30 years.
Reducing greenhouse gases one fridge at a time.
10 Oct 2008
Natural refrigeration specialist company Arneg New Zealand is to tell this year’s New Zealand Cold Storage Association conference that the industry needs to do more to reduce the effect of refrigeration systems on the environment.
No need for panic-buying, Smith tells businesses
7 Oct 2008
The National Party is not pushing the panic-button over the issue of businesses buying carbon credits - despite companies being urged to consider buying sooner rather than later.
Our shipping treated badly, say West Coast businesses
7 Oct 2008
West Coast business interests say that the carbon emissions trading regime is being deliberately slanted to favour rail over coastal shipping, effectively by-passing Westport and Greymouth as coal exporting ports.
EU vote will spell out future of carbon capture
7 Oct 2008
A vote in the European parliament tonight could back 10 billion euros aid for an untested technology called carbon capture and storage (CCS), which many scientists and economists consider the key to fighting climate change.
Time for green thinking on the economy, say Greens
7 Oct 2008
It is time for Government to set its sights on a green economy to ensure there will be jobs for New Zealanders, that food will be affordable, and it won’t be out of people’s reach to get around, the Green Party says.
Power users unite in push for electricity reform
3 Oct 2008
Electricity users across the economy are joining forces to push the Government into the biggest review of our electricity system since the 1996 deregulation.
Carbon trading drives surge in ‘green’ patents
3 Oct 2008
Global interest in clean energy solutions from carbon funds and technology giants is stimulating a surge in “green” patents, according to a new study.
Eastern Europe collects windfall as Japan snaps up carbon credits
3 Oct 2008
Thanks to Kyoto emission levels pegged to 1990, when pollution was worse, former Eastern Bloc countries now sell carbon credits to Japan
Lawyers smile as carbon trading warms up in Tianjin
3 Oct 2008
Many CDM projects and carbon transactions have taken place in China since 2005, but some recent developments in the legal framework and the market place may turn a new page in China’s participation to mitigate climate change.
Tax cuts eaten into by emissions trading
3 Oct 2008
The executive director of the Greenhouse Policy Coalition, Catherine Beard, says the much needed tax cuts will unfortunately be eaten into significantly by the increased costs households will face from the emissions trading scheme.
Carbon on the rise again
2 Oct 2008
Carbon prices jumped overnight due to several factors; the market was oversold having fallen quite heavily in the last few trading sessions, other energy-related commodities moved higher (such as electricity), and while oil was weaker, it did trade off its lows.
Big emitters play the waiting game with ETS
30 Sep 2008
Some of New Zealand’s major emitters of greenhouse gases are waiting to see who wins the election before committing themselves to buying carbon credits.
Bosses know little of carbon risk, survey shows
30 Sep 2008
Most of the people running New Zealand companies have no idea of their enterprises’ carbon risk.
Holcim debates future of South Island cement works
30 Sep 2008
Cement manufacturer Holcim could be in line for carbon emission credits if it keeps its Westport works.
London link boosts NZX international standing
30 Sep 2008
NZX’s tie-up with London’s Plus Markets Group gives the New Zealand Stock Exchange a foothold in its drive to internationalise itself through its carbon emissions trading and registry.
US states auction off right to emit global warming pollution
30 Sep 2008
US Power plant owners and speculators on Friday bid for the right to emit carbon dioxide as part of a new multistate government programme designed to reduce global warming pollution.
Eco-friendly Aussie farmers at a loss in no-agriculture ETS
30 Sep 2008
Leaving agriculture out of an emissions scheme could cost farmers using environmentally friendly methods of production, the Biological Farmers of Australia (BFA) says.
IDEAcarbon rates Joint Implementation projects
30 Sep 2008
The Carbon Rating Agency, a dedicated ratings subsidiary of IDEAcarbon, has released the first set of ratings for Joint Implementation (JI) projects under JI guidelines.
EXCLUSIVE: It's official, we're losing climate change battle
26 Sep 2008
The world is losing the battle against climate change, with global carbon emissions rising sharply last year, a hard-hitting scientific paper due out today will show.
US eastern states start obligatory carbon trading
26 Sep 2008
Ten northeast US states today will take part in the nation's first mandatory carbon auction, one of a series of quarterly auctions that in time will reduce the region's power-plant emissions, linked to global warming.
Heavy emitters told climate change issues ripe for litigation
23 Sep 2008
It is only a matter of time before a class action is brought against heavy emitters in New Zealand over damage caused by climate change, says Kensington Swan partner Bryan Gundersen.
Market readies as NZUs about to go on line
23 Sep 2008
Excitement is mounting on the trading markets as NZUs (New Zealand units) are about to go live.
New waste bill puts pressure on manufacturers
23 Sep 2008
The Waste Minimisation Bill, expected to get royal assent today, has been almost overlooked in the wake of the passing of the emissions trading legislation.
Programme helps firms to get to know their carbon footprint
23 Sep 2008
A new programme to help large emitters to measure their carbon footprint has been launched by Landcare.
Australian carbon credit price doubles as emissions scheme looms
23 Sep 2008
The price of credits in the Australian carbon market has more than doubled over the past 12 months.
EU offers first analysis of carbon leakage risk
23 Sep 2008
Parts of Europe's aluminium, steel and cement industries are likely to qualify for free carbon allowances to compensate them for lost international competitiveness under plans to revise the EU's emission trading scheme, the European Commission suggests in a new analysis.
UK names date to run first emissions trading auction
23 Sep 2008
The first auction of carbon trading allowances in the United Kingdom will take place on November 18, the British Government has confirmed.
Canadians will pay Rwandans to plant trees
23 Sep 2008
A Canadian carbon offset development company plans to invest $US17m on reforestation projects in Rwanda over the next 20 years.
Online calculator gives emissions measure
23 Sep 2008
A new online guide and calculator have been launched to help businesses to measure and cut their emissions - and boost profits.
Our ETS action outstrips nuclear stand, says international expert
19 Sep 2008
New Zealand’s “brave” emissions trading scheme is as significant on the world stage as our 1980s stand against nuclear energy, and could lead to the formation of an Asia/Pacific carbon-trading bloc, says an international climate-change consultant.
National's fisheries policy hooks seafood industry
19 Sep 2008
National’s fisheries policy would leave the industry more than $130 million better off over the first eight years of New Zealand’s emissions trading scheme, the industry says.
Promises, promises ... but what are the costs, asks forester
19 Sep 2008
The “Cassandra of carbon trading” says that the ETS-era is characterised with promises of rewards, yet riddled with unknown costs to achieve them.
Key happy to back TZ1 trading legislation
19 Sep 2008
The National Party, if it becomes the government, will pick up the legislation to allow TZ1 to trade in futures.
Be careful of giving heavy emitters more, Australia told
19 Sep 2008
Australia’s government has been told heavy emitters’ claims for assistance to cushion the impact of that country’s Carbon Pollution Reduction Scheme are “highly contestable".
UK scheme unlikely to reduce carbon on target, says new study
19 Sep 2008
The UK’s Carbon Reduction Commitment, slated for launch in April 2010, is unlikely to cut carbon emissions before 2013, according to a new report from an independent business research firm.
FORUM: Is the door open for a carbon tax?
19 Sep 2008
Kensington Swan energy specialist Bryan Gunderson looks at the impacts of Australia adopting a carbon tax.
Carbon platform eyes start early next year
16 Sep 2008
New Zealand’s carbon platform, TZ1, should be trading by the first quarter of next year.
ETS picture becoming clearer for forest owners
16 Sep 2008
The forestry sector will know precisely how to participate in the emissions trading scheme when the forestry stakeholder reference group meets with MAF at the end of the month.
Failed Lehman Brothers closes carbon desk
16 Sep 2008
The collapse of United States investment bank Lehman Brothers has led to the closure of its carbon desk.
Don't wait for Nats' ETS, businesses told
12 Sep 2008
Businesses should not sit around waiting for the National Party to change the emissions trading scheme, warns one of their key lobbyists.
ETS befuddles business community, poll shows
12 Sep 2008
The emissions trading scheme might be law, but most business people don’t know much about it.
Disappointed farmers vow to fight on ... but how?
12 Sep 2008
Federated Farmers will keep fighting the emissions trading scheme – but isn’t sure what move to take next.
Carbon courses aim to help small businesses
12 Sep 2008
A trial programme to help small and medium-sized businesses to cut their energy consumption is under way in Auckland.
Forest owners: Problems have not gone away
12 Sep 2008
The treatment of pre-1990 forests under the emissions trading scheme will emerge again as a major issue, warns the New Zealand Forest Owners’ Association.
Garrett: Don't tinker with your new ETS law
12 Sep 2008
Australian Environment Minister Peter Garrett has warned New Zealand not to “go tinkering” with its new emissions trading law.
Industry group tries to scrap EU emissions scheme
12 Sep 2008
The European Parliament’s industry committee is trying to ditch the EU emissions trading scheme and to boycott 2020 climate targets, environmental groups said following a vote overnight on how the carbon market should operate after 2012.
Greenhouse gas emissions: What others are doing
12 Sep 2008
Companies and governments, including New Zealand, are turning to emissions trading as a weapon to fight climate change, in a carbon market worth $64 billion last year.
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.
