Topics tagged with 'Emissions trading'
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.
REACTION: Greenhouse Policy Coalition - Emissions trading scheme is flawed
12 Sep 2008
The passage of the most ambitious emissions trading scheme in the world will come at a high cost to the New Zealand economy, according to the Greenhouse Policy Coalition, representing the energy-intensive sector.
REACTION: Greens: ETS a first step, time for some big strides now
12 Sep 2008
The passing of the Emissions Trading Scheme is the first small step towards getting New Zealand’s carbon emissions under control – there is still much work to be done, the Green Party says.
REACTION: National: We will amend flawed ETS
12 Sep 2008
The rushed passage of the Emissions Trading Bill will be a hospital pass for the incoming government, says National’s climate change spokesman, Nick Smith.
LETTER: Bad news for Ngai Tahu
12 Sep 2008
In Carbon News (5 Sept 2008) Willie Te Aho was quoted as saying that the deforestation liability for Ngai Tahu would be around $15,000 per hectare for changing the use of its 80,000 hectare pre-1990 forest estate.
Businesses, wake up and smell the carbon
11 Sep 2008
New Zealand business woke up to a new reality today – it’s time to start counting carbon.
Forest owners first to feel effects of ETS
11 Sep 2008
Forest owners will be the first New Zealanders into the emissions trading scheme - with the first entering within 10 weeks.
New world of emissions - what happens and when
11 Sep 2008
The mandatory reporting period for pre-1990 forests starts this year, with ETS obligations and entitlements accruing all year, and a surrender date of December 31 next year.
GOVERNMENT STATEMENT: Historic climate change legislation passes
11 Sep 2008
A cornerstone economic tool will now proceed to help New Zealand reduce greenhouse gas emissions and tackle climate change, Climate Change Minister David Parker says.
REACTION: Good work on ETS, now get on with it, says business council
11 Sep 2008
Business leaders are welcoming the passage of emissions trading law as an essential step for New Zealand to preserve its exporting and tourism future.
REACTION: Thank god that's over, now back to the climate, says Greenpeace
11 Sep 2008
Greenpeace is calling on political parties to outline their future plans for tackling climate change, now the emissions trading scheme has been passed into law.
Parker hails party leaders for 'great victory' on climate change bill
9 Sep 2008
Prime Minister Helen Clark, Finance Minister Michael Cullen and Agriculture Minister Jim Anderton have played pivotal parts in getting New Zealand’s emissions trading scheme passed, Climate Change Minister David Parker says.
National promises ETS by 2010 - but fails to answer question on cap
9 Sep 2008
National is promising to have an emissions trading scheme in force by 2010.
Japan eyes home greenhouse gas savings in emission trading system
9 Sep 2008
The Japanese government is considering including greenhouse gas emissions from homes, farms and public facilities in the carbon emission trading system scheduled to launch on a trial basis next month.
ValueAdd model promotes 'carbon farming'
9 Sep 2008
The ValueAdd Company has just completed an Emission Trading Scheme analytical model relating to so-called “carbon farming”, one of the “business opportunities” promoted extensively by the supporters of the bill, the company says in a statement.
Garnaut sets top target of 80% emissions cut by 2050
5 Sep 2008
Australia should have an emissions reduction target of 10 per cent by 2010 and 80 per cent by 2050, the latest Garnaut report is recommending.
Govt consulting on Pacific Resilience Facility
Fri 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 overhaul leaves the door open for coal mining on conservation land
Fri 12 Dec 2025
By Shannon Morris-Williams | The Government’s sweeping reclassification of thousands of hectares of publicly-owned conservation land has met with sharp criticism, with environmental groups saying the decision leaves vulnerable ecosystems exposed to mining and development.
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.
Second fire tears through Tongariro National Park
Tue 9 Dec 2025
By Shannon Morris-Williams | Fire crews have returned to Tongariro National Park this morning as a fast-moving fire that started yesterday threatens unburnt vegetation and nearby communities, just a month after a major blaze scorched 3000 hectares in the same area.
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.
Minister not concerned about potential economic impacts of ruling out offshore mitigation
Thu 11 Dec 2025
By Liz Kivi | Climate Change Minister Simon Watts isn’t worried that ruling out using offshore mitigation is effectively reneging from the Paris Agreement with potential to damage New Zealand’s economy and access to export markets.
What are the causes of recent record-high global temperatures?
Fri 12 Dec 2025
The past three years have been exceptionally warm globally.
Is Govt rushing through changes to climate framework to avoid litigation?
Thu 11 Dec 2025
By Liz Kivi | The Parliamentary Commissioner for the Environment says the Government’s motivation for proposed changes to the country’s climate framework law are unclear: “The only reason I can think of is one grounded in potential litigation risk.”
KiwiRail pauses coal trains amid rising climate protests
Tue 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.
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.
$235 billion worth of NZ buildings exposed to flooding
30 Oct 2025
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
India at COP30: A mismatch between grandstanding and climate action
Thu 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 ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister
Fri 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.
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.
Media round-up
Fri 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'.
Transport dominates NZ’s rising consumer emissions
Wed 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.
Australia has new laws to protect nature. Do they signal an end to native forest logging?
Thu 11 Dec 2025
Reforms to Australia’s nature laws have passed federal parliament. A longstanding exemption that meant federal environment laws did not apply to native logging has finally been removed from the Environment Protection and Biodiversity Conservation Act.
Oil and gas majors would create $78bn more value by stopping exploration
Thu 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.
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.”
Analysis: Why COP30’s ‘tripling adaptation finance’ target is less ambitious than it seems
5 Dec 2025
One of the headline outcomes to emerge from COP30 was a new target to “at least triple” finance for climate adaptation in developing countries by 2035.
Ticking time-bomb in Govt’s failure of leadership on climate – Carr
Tue 9 Dec 2025
By Liz Kivi | The coalition Government’s failure to slash emissions is like pulling the pin on a grenade, handing it to a kid, and saying “hold on tight, she’ll be right”, says former Climate Change Commission chair Rod Carr.
TotalEnergies loses in Paris court, marking a turning point for fossil fuel truth-in-advertising
5 Nov 2025
TotalEnergies was found to have misled consumers about its role in the energy transition.
Tribunal warns govt geothermal strategy risks Treaty breach
2 Dec 2025
By Shannon Morris-Williams | The government's geothermal development strategy risks breaching the Treaty of Waitangi, according to a report from the Waitangi Tribunal released last week.
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.
Shell facing first UK legal claim over climate impacts of fossil fuels
Fri 12 Dec 2025
Victims of a deadly typhoon in the Philippines have filed a legal claim against oil and gas company Shell in the UK courts, seeking compensation for what they say is the company's role in making the storm more severe.
NZ fails to back ‘roadmap’ to phase out fossil fuels at COP
24 Nov 2025
By Liz Kivi | Eighty-six countries including Australia, the UK, Germany, and Ireland backed a proposal at COP30 for national plans on how to quit oil, gas and coal – but New Zealand wasn’t one of them.
High risk of economic losses from Cook Islands nodule extraction and sales – new study
Fri 12 Dec 2025
Media release: Greenpeace | The economic potential of seabed polymetallic nodules in the Cook Islands has been overstated, according to a new independent study commissioned by Greenpeace International.
Govt rushes to pass climate law changes under urgency
Wed 10 Dec 2025
By Liz Kivi | Legislation to amend the Climate Change Response Act was introduced to Parliament on Monday, and the government intends to rush the changes through under urgency in the next two weeks, avoiding the usual public consultation.
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.
Storms in the Southern Ocean are producing more rain – and the consequences could be global
Mon 8 Dec 2025
Storms in the Southern Ocean influence weather patterns across Australia, New Zealand and the globe.
Govt warned that scrapping ag emission pricing comes with risks
Thu 11 Dec 2025
By Liz Kivi | The Government’s move to halt plans for agricultural emissions pricing without replacing it with any other action will leave New Zealand facing a bigger gap to meet its third emissions budget, Environment ministry officials have warned.
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.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
Shipping movements disrupted as climate change protesters block coal ships
2 Dec 2025
NSW police have arrested 141 people who attempted to block the shipping channel in Newcastle Harbour during Rising Tide protests, which began on Thursday.
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.
Neighbours fume over plans to axe trees for solar farm
Thu 11 Dec 2025
Diane McCarthy, Local Democracy Reporter | Whakatāne District Council has thrown its support behind residents of a country lane distressed about Genesis Energy’s plans to axe their trees.
NZ and US studying "huge unknown" in Antarctic climate science
Thu 11 Dec 2025
Media release: Earth Sciences New Zealand | Scientists are measuring a huge unknown in climate science: how much heat Antarctica emits into space.
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.
More than $2m up for grabs for low-emissions farming innovation
Wed 10 Dec 2025
The Ag Emissions Centre and AgriZeroNZ yesterday opened their 2026 innovation investment round.
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.
Seven EU countries pressure European Commission to rethink 2035 diesel and petrol car ban
Tue 9 Dec 2025
Pressure from EU countries, lawmakers and the automotive industry is likely pushing the European Commission to delay the revision of the bloc's ban on diesel and petrol cars by 2035.
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.
Study provides a step-change in understanding NZ’s groundwater
28 Nov 2025
Media release | Earth Sciences New Zealand has developed a world-first National Groundwater Age Map and a powerful suite of tools to support the sustainable management of our hidden groundwater resources, from national through to local scales.
NZ just had its hottest spring in at least 116 years
Wed 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.
Australian market operator slashes wind farm predictions amid falling costs for solar and batteries
Thu 11 Dec 2025
The body that runs Australia's biggest power market has scaled back its plans for high-voltage power lines and wind farms to meet the country's green energy targets.
