Topics tagged with 'Emissions trading'
Tribal group challenges Parker's ETS support claim
5 Sep 2008
A major iwi is challenging Climate Change Minister David Parker’s claim that most tribes support the emissions trading bill.
National’s ETS changes: devilish cost in the detail
5 Sep 2008
ANALYSIS - The further glimpses of National Party emissions trading policy “detail” in the past few days show it might take some risks with the taxpayers’ purse.
Rare glimpse of National's post-election ETS policy detail
5 Sep 2008
National may have pointed to its possible course on emissions trading law if it forms the government after this year’s election.
Dunne's eggs crack
5 Sep 2008
United Future leader Peter Dunne has called for household assistance to cover emissions charges.
Cynical politics around emissions trading scheme
5 Sep 2008
Politics has triumphed over sensible policy development around emissions trading, says Business NZ.
Last-minute Ngai Tahu treaty claim unlikely to stall ETS
2 Sep 2008
A late Treaty of Waitangi claim by Ngai Tahu, which says the emissions trading scheme could cost it tens of millions of dollars, is unlikely to stop the scheme becoming law.
We've done the hard yards, say frustrated farmers
2 Sep 2008
A new non-binding emissions reduction target for agriculture shows there is little official understanding of hard work farmers have already done to reduce their emissions, says Federated Farmers.
Fishing industry questions new ETS free-units allocation
2 Sep 2008
The fishing sector is relieved that amendments to the Government’s climate change legislation include a major concession to the industry.
ETS bill a good compromise - CTU
2 Sep 2008
The CTU welcomes the progress being made in Parliament on the emissions trading scheme.
First publicly-displayed credits on TZ1 registry
2 Sep 2008
TZ1 and GreenAir Ltd have announced the first carbon credits to be publicly listed on TZ1's Registry.
Maori Party against ETS bill: concern over subsidies, impacts on Maori land owners
2 Sep 2008
The Maori Party says in EST bill debate that it is "opposed to the concept of paying the polluters; of rewarding the corporate lobbyists with huge exemptions; and the very nature of trading rather than reducing emissions."
Gold Coast Convention & Exhibition Centre 30-31 October 2008
2 Sep 2008
The Australian Federal Minister for Climate Change and Water, Senator the Hon Penny Wong will address the inaugural Carbon Market Expo Australasia on the Gold Coast 29th-31st October.
Emissions scheme passes second reading
29 Aug 2008
The ETS bill has passed its second reading and will go into committee stages on Tuesday.
ETS agreement blocks trade in 'black' hot-air credits
29 Aug 2008
AAU credits will not be automatically redeemable under the New Zealand emissions trading scheme.
Carbon credit sharing fails to impress wood processors
29 Aug 2008
Sharing carbon credits around is not enough of a remedy for wood processors bracing themselves for the introduction of an emissions trading scheme.
ETS DEALS: What the Greens and NZ First got changed
29 Aug 2008
Changes to the ETS bill, negotiated in return for the support of the Green and New Zealand First parties, are:
New world-wide indexes designed to help carbon traders
29 Aug 2008
Dow Jones Indexes and the Chicago Climate Exchange, the world’s first - and North America’s only - integrated greenhouse gas emissions trading system, has announced the launch of two indexes which will serve as benchmarks for investors seeking exposure to the carbon trading market.
Progressive Party supports ETS
29 Aug 2008
The Progressive Party will vote to support the Government’s Emissions Trading Scheme, leader Jim Anderton said today.
BREAKING NEWS: ETS bill has the numbers
27 Aug 2008
The Government has got the numbers to pass the emissions trading scheme.
Statement from New Zealand First
27 Aug 2008
New Zealand First has decided to support the amended Emissions Trading Scheme (ETS) after several months of consideration and negotiations with the Government.
ETS ball now in Winston's court
26 Aug 2008
All eyes are now on New Zealand First as the country waits to see whether the Government has the numbers to get its emissions trading scheme passed before the election.
Greens will support the ETS
26 Aug 2008
The Green Party is supporting the emissions trading scheme, bringing the Government within five votes of getting the bill passed.
REACTION: Greenpeace welcomes Greens' decision
26 Aug 2008
Greenpeace has welcomed the Green's support for the emissions trading scheme (ETS), saying the party has secured some positive measures.
REACTION: Emissions trading will hurt, says coalition
26 Aug 2008
Catherine Beard, executive director of the Greenhouse Policy Coalition says the emissions trading legislation before Parliament, due to its comprehensive coverage and lack of price safety valves, will be the highest cost scheme in the world.
Heavy emitters stand to lose credits under deal with Greens
26 Aug 2008
New Zealand’s heaviest emitters of greenhouse gases will have to relinquish some of their free carbon credits to smaller companies under a deal won by the Green Party.
Report spells out future for precious water resources
26 Aug 2008
A major report into the management of one of New Zealand’s most precious commodities – fresh water - will be released tomorrow.
Queenstown man heads for court to try to block ETS
26 Aug 2008
A Queenstown businessman is taking the Government to the High Court in a bid to prevent the passing of the Emissions Trading Scheme.
Kyoto Forest owners say they need ETS passed
26 Aug 2008
The thousands of New Zealanders who invested their own savings to plant trees in the 1990s need the Emissions Trading Scheme (ETS) legislation to be passed in order to secure the estimated $1.6 billion of carbon credits promised to them by all parties in Parliament, the Kyoto Forestry Association (KFA) has told the Green Party.
Biodiversity critical in emissions trading scheme
26 Aug 2008
Forest & Bird urges Labour, New Zealand First and the Green Party to agree to a biodiversity standard in the Government's emissions trading scheme.
ETS CRUNCH TIME: Shaky, but Greens pact might swing the deal
22 Aug 2008
It’s crunch time for the emissions trading scheme, but concessions the Green Party has won on the allocation of free units might be enough to swing the deal for the Government.
Pass the ETS, greens, unions and business tell politicians
22 Aug 2008
Environmentalists, unions and business are urging politicians to pass the emissions trading scheme.
EMA: Greens right to ask for public guidance on emissions trading law
22 Aug 2008
The Employers & Manufacturers Association (Northern) says the other political parties should join the Greens and ask the public which way they should vote on the Emissions Trading Bill.
Labour's political agenda no reason to ram flawed ETS through
22 Aug 2008
National Party Finance spokesman Bill English says the Emissions Trading Scheme is a major piece of economic and environmental legislation that will impact on the lives of every Kiwi for years, so is too important to be rushed through Parliament just prior to an election.
Landslide response to Greens' call for ETS input
22 Aug 2008
The Green Party is facing a busy weekend at the computer as views from the public on their ETS decision flood in.
ETS must pass despite weaknesses, says Greenpeace
22 Aug 2008
Despite shortcomings, it is imperative that New Zealand's emissions trading scheme (ETS) is passed into law this parliamentary term, says Greenpeace
Use cost to help decide on ETS, says Business NZ
22 Aug 2008
Business NZ has responded to the Greens’ request for the public to help them decide whether to support Labour’s proposed emissions trading scheme.
NZ billions behind in carbon bonanza race, says Tindall
19 Aug 2008
New Zealand has just five years to get its share of the low-carbon economy bonanza, says Warehouse founder Stephen Tindall.
Global leaders? We’re not even close, says carbon-footprint pioneer
19 Aug 2008
New Zealand is being left behind when it comes to quantifying its carbon footprint, says enterprise-level carbon-footprint accounting software provider Revolution ID.
We'll have an ETS in nine months, vows National
15 Aug 2008
The National Party says it will have an emissions trading scheme in place within nine months of becoming government – three months later than it has said earlier.
Key’s energy message: We’ll give you all the electricity you need
15 Aug 2008
Those who want to grow need to know they have the power supply necessary to do so – that’s the key message at the heart of the National Party’s energy policy released yesterday by leader John Key and energy spokesman Gerry Brownlee.
ANALYSIS: Nats' policy shop - an open back door?
15 Aug 2008
The National Party’s energy policy hits some fairly predictable expected notes – reform the Resource Management Act (RMA), make it easier for new power stations to be built, promote oil and gas exploration, get rid of unnecessary bureaucracy ... but it’s some of the finer detail (and in many cases lack of it) that makes the policy interesting.
Millions could flow from carbon world
15 Aug 2008
An emissions trading scheme could earn New Zealand millions of dollars, says a former space engineer-turned consultant.
ETS equals economic upheaval, say heavy emitters
15 Aug 2008
Heavy emitters are warning that the New Zealand economy is in for a roller-coaster ride if the emissions trading scheme comes into force.
Carbon credits undervalued, says report
15 Aug 2008
Latest figures from the northern hemisphere summer issue of the Global Carbon Report, researched and published by leading market intelligence provider IDEAcarbon, suggest that carbon is currently undervalued in light of changing market fundamentals.
Round two of Garnaut report out early next month
15 Aug 2008
Australians will get more details early next month on their proposed emissions trading scheme.
Business backs policy not to ban new base-load thermal generation
15 Aug 2008
The New Zealand Business Council for Sustainable Development welcomes National's policy to drop a proposed 10-year ban on building new non base-load thermal power generation.
Ukrainian joint-implementation projects gain traction
15 Aug 2008
Carbon Capital Markets has received Host Country Approval (HCA) for a Joint Implementation (JI) project in Ukraine.
NZ in the box seat on emissions trading, says economist
12 Aug 2008
New Zealand risks squandering the huge natural advantages it will have in a carbon economy if it delays bringing in an emissions trading scheme, warns Karo Group principal Simon Young.
Governments must vote in favour of moratorium on deep sea mining
Tue 29 Jul 2025
Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.
Does NZ need a national incentive scheme for wetlands?
25 Jul 2025
By Liz Kivi | An expert is calling for a national incentive programme to restore New Zealand’s wetlands and wants to stop schemes to drain these vital carbon-sequestering ecosystems.
NZ Post drops science-based climate target
8 Jul 2025
By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.
Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns
18 Jul 2025
Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.
Challenges persist in bid to mine the deep sea, even after boost from Trump
Tue 29 Jul 2025
After years of delay, the deep-sea mining plans of Canadian firm The Metals Company (TMC) now appear to be progressing as it pursues a controversial new path to securing a license to mine in international waters under U.S. jurisdiction.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
Is extending Huntly power station to 2035 in consumers’ best interest?
22 Jul 2025
By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?
Trump administration moves to repeal scientific declaration on dangers of greenhouse gases
Thu 31 Jul 2025
In one of its most significant reversals on climate policy to-date, the Trump administration on Tuesday proposed to repeal a 2009 scientific finding that human-caused climate change endangers human health and safety.
Bearish sentiment lingers for carbon market
11 Jul 2025
By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.
Multi-day protest continues at coal mine
Wed 30 Jul 2025
Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.
Forestry can be a big plus for sheep and beef farmers – but there are caveats
22 Jul 2025
By Keith Woodford | OPINION: These are good times for sheep and beef farmers with record product prices for meat, which is precisely why now is the time for sheep and beef farmers to be looking again at farm forestry.
Common low-grade clay strengthens low-carbon concrete
5 Jun 2025
Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
A modest geothermal strategy
Thu 31 Jul 2025
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
Key orange roughy population on verge of collapse, govt considers closure
9 Jul 2025
Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.
2025 on track to be second or third warmest year on record
Thu 31 Jul 2025
As it passes its midway point, 2025 is on track to be the second or third warmest year on record. However, it is very unlikely to beat 2024 as the hottest year.
Latest trawl bycatch numbers 'a grim wake-up call'
24 Jun 2025
Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.
Wilding pines threaten Molesworth Station
Mon 28 Jul 2025
By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.
Last minute change to oil and gas legislation over cleanup costs
Thu 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.
Watts talks big on energy reform, but barriers persist
29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
European Central Bank to consider 'climate factor' when lending to banks
Thu 31 Jul 2025
The European Central Bank will add climate change considerations to its lending operations from late 2026, raising pressure on banks to channel financing towards greener sectors as the euro zone seeks to reduce its carbon footprint.
NZ part of hidden global deep-sea network beneath the waves
25 Jul 2025
Media release - Earth Sciences New Zealand | A world-first study of marine life, including sea creatures found in New Zealand's dark, cold, pressurised ocean depths, has revealed that deep-sea life is surprisingly more connected than previously thought.
‘Ideological sludge’: How NZ is quiet quitting climate action
17 Jul 2025
New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
Hiringa eyes green methanol plant near Whanganui
Tue 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.
Climate catastrophes are creating a ‘new market reality’ for insurance carriers
23 Jul 2025
Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.
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.
The ICJ’s ruling means Australia and other major polluters face a new era of climate reparations
25 Jul 2025
By Harj Narulla | OPINION: Australia has found itself on the wrong side of history.
Fund for low emissions transport winds up
Thu 31 Jul 2025
New Zealand’s Low Emission Transport Fund has officially wrapped up, ending a nine-year programme that put hundreds of millions of dollars towards accelerating the country’s shift to cleaner transport.
Urgent action needed to get on track for climate goals - commission
25 Jul 2025
By Shannon Morris-Williams | New Zealand is making progress on reducing greenhouse gas emissions, but more work is needed – urgently – to set up for future reductions, according to the latest report from the Climate Change Commission.
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.
Toxic algae are turning South Australia’s coral reefs into underwater graveyards
Tue 29 Jul 2025
Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline.
NZ govt’s fossil fuel plans could break international law
24 Jul 2025
By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.
Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’
11 Jul 2025
In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.
‘Total infiltration’: How plastics industry swamped vital global treaty talks
Mon 28 Jul 2025
Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet.
Media round-up
25 Jul 2025
In our round-up of the climate coverage in local media: Dairy conversions surge; Gore is hit with a drinking water crisis; meanwhile farming lobby groups Groundswell and Federated Farmers are up in arms about a plan to classify environmental impacts in the agriculture and forestry sector.
The EU’s ‘fantasy’ $750B energy promise to Trump
Thu 31 Jul 2025
The EU has narrowly avoided a full-blown trade war with Donald Trump by pledging to buy $750 billion of U.S. oil and gas by the end of his term. But achieving that will be almost impossible.
Activists sue US development bank over $4.6bn loan to massive Mozambique gas project
18 Jul 2025
Environmental groups claim loan is ‘unlawful’ in legal filing.
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.
Tilting at windmills? Trump’s claims about turbines fact-checked
Thu 31 Jul 2025
The US president has taken a swipe at wind power as the blades visible from his Turnberry golf course turn.
Ocean heatwaves may signal climate tipping point
25 Jul 2025
A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.
Climate groups want UK wealth tax to make super-rich fund sustainable economy
17 Jul 2025
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.
Can robot taxis solve NZ's transport woes?
23 Jul 2025
By Shannon Morris-Williams | The Ministry of Transport has tested the idea of driverless taxis as a futuristic fix. But while new modelling explores how "robotaxis" could ease congestion and reduce car ownership, critics say it misses a crucial point – the country’s worsening transport emissions.
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
EV sales fall, but it’s complicated
Tue 29 Jul 2025
Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
The struggle for control of the Arctic is accelerating - and it's riskier than ever
11 Jul 2025
As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.
NZ voluntary carbon market’s sad state
14 Jul 2025
By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.
For the first time, China invests more in wind and solar than coal overseas
29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
