Topics tagged with 'Emissions trading'
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.
Flower growers face threat from EU emissions scheme
12 Aug 2008
Kenya’s horticulture industry is facing a new market access threat as the European Parliament prepares to vote on a new law that would see aviation included in the continental emissions trading scheme.
NZ carbon register tests world-wide connections
8 Aug 2008
New Zealand’s fledgling carbon registry has taken part in trials to test international registry connections.
UK Carbon Reduction Commitment – a lesson for New Zealand firms
8 Aug 2008
New Zealand organisations wishing to participate in the New Zealand Emissions Trading Scheme – if the relevant legislation is passed into law – are being urged to act quickly if they want to operate in a carbon restrained market-place.
ASX plans early futures market for emissions trading
8 Aug 2008
The Australian Securities Exchange has announced its intention to facilitate emissions trading at the earliest opportunity.
Time getting tight for Government's ETS bill
5 Aug 2008
The Government is going down to the wire on its emissions trading scheme.
Asia emerging as centre of carbon trade programme
5 Aug 2008
Financial market analysts expect increased participation of Asian countries in the carbon credit trade, with most of them cornering big investments in clean development mechanism (CDM) projects.
Airlines under pressure to reduce freighter flight emissions
5 Aug 2008
The question of just how big a carbon footprint air cargo creates and what can the industry do to lessen its impact on the environment are becoming increasingly difficult to ignore.
BP: What it says over there - and here
1 Aug 2008
The head of BP says a cap and trade system is the best way of creating conditions to reduce emissions.
NZX will use TZ1 to throw off the shackles and go global
1 Aug 2008
Mark Franklin, the former head of Vector who now heads the NZ Stock Exchange’s thrust into the carbon-trading sphere, knows that simplicity instead of complexity carries the day.
Words in the House over ETS support talks
1 Aug 2008
So how are the support talks going to get votes to pass the emissions trading bill?
China enters pact with UK carbon trading player
1 Aug 2008
British carbon exchange specialist Climate Exchange has confirmed that it has signed an agreement with the Chinese authorities to start an emissions trading scheme in the country.
Australians strongly back carbon trade scheme, poll shows
1 Aug 2008
Australians overwhelmingly back government plans to introduce one of the world's biggest carbon trading schemes, a poll found this week.
NZ drops in global climate rankings as govt 'propels country backwards'
Wed 19 Nov 2025
By Shannon Morris-Williams | New Zealand has fallen to 44th place in global climate rankings, with the country’s climate policy rated “very low” amid widespread rollbacks of environmental protections.
Govt rejects CCC’s advice on net-negative 2050 but makes no official announcement
Thu 20 Nov 2025
By Liz Kivi | The Government has rejected the Climate Change Commission’s advice to strengthen the country’s net zero 2050 target, but appears to have buried the news with its announcement about methane targets last month.
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.
NZ’s shameful new role as ‘international climate pariah’
13 Nov 2025
OPINION: New Zealand has ratcheted up its climate backsliding in the past month – losing any shred of climate credibility we once had and showing the world we’re giving up on a net zero future, writes Kayla Kingdon-Bebb.
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.
Govt’s rejection of CCC’s advice on climate targets undermines independent watchdog’s role, says opposition
Today 10:30am
By Liz Kivi | The Government’s latest dismissal of Climate Change Commission advice shows they have their heads in the sand about the reality of meeting climate targets, according to the Labour Party, while the Greens say Government decisions were an embarrassment on the world stage at COP30 this week.
COP30 climate talks evacuated after fire breaks out
Today 10:30am
The UN climate talks COP30 have been evacuated due to a fire breaking out inside the venue in Belém, Brazil.
Mounting emissions due to Government decisions
Thu 20 Nov 2025
By Liz Kivi | The Coalition Government’s climate policies have added a whopping 26 million tonnes of emissions out to 2030, according to new analysis of Government projections.
Act-NZ First split over future of the energy sector
14 Nov 2025
Act leader David Seymour has set out an energy policy platform that diverges sharply from coalition partner NZ First, arguing New Zealand must accept coal-fired backup generation, consider nuclear power, remove political interference from the electricity sector and sell down the government’s majority stakes in the gentailers.
'Little to be hopeful about' – NZ scientists caution ahead of COP30
31 Oct 2025
By Shannon Morris-Williams | Record heat, worsening climate impacts and global backsliding on emission reduction commitments have left some New Zealand climate experts with little optimism as COP30 approaches.
$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.
Turkey set to host COP31 after reaching compromise with Australia
Today 10:30am
The COP31 climate meeting is now expected to be held in Turkey after Australia dropped its bid to host the annual event.
NZ’s energy system at a crossroads – report
Today 10:30am
A new report says New Zealand’s rapid shift toward a 95% renewable electricity system is at a critical turning point, urging faster consenting, stronger firming solutions and better grid planning.
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.
Insurers welcome govt decision to keep NHC levy unchanged
Today 10:30am
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.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Foresters warn ETS reforms could fell innovation
Mon 17 Nov 2025
By Shannon Morris-Williams | Elizabeth Heeg, chief executive officer for the Forest Owners Association, says forestry must not be stripped from the Emissions Trading Scheme, arguing that carbon income underpins forest management and rural resilience.
The hidden dangers in Canada’s oil and gas ambitions
Tue 18 Nov 2025
Premier of Alberta Danielle Smith thinks global demand for oil will grow to 2050, perhaps beyond, and the Alberta industry will be viable for a hundred years.
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.”
Oxfam urges NZ to renew climate funding as Pacific projects face closure
12 Nov 2025
By Shannon Morris-Williams | Oxfam Aotearoa is calling on the Government to urgently renew New Zealand’s climate finance commitments, warning that vital projects supporting Pacific communities’ resilience are running out of funding.
‘We must keep 1.5 alive’ – Minister’s statement to climate summit
Wed 19 Nov 2025
By Liz Kivi | Climate Change Minister Simon Watts has delivered New Zealand’s National Statement to this year’s United Nations climate summit, affirming the country’s commitment to international climate targets and saying “we must keep 1.5 alive.”
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.
Lake Onslow battery project set for revival?
29 Oct 2025
A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
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.
Ministers urge decisive methane action as global report shows progress, warns of gaps
Wed 19 Nov 2025
Media release: UN Environment Programme | The Global Methane Status Report, launched on the sidelines of COP30 in Belém, shows that while considerable progress has been made since the launch of the Global Methane Pledge in 2021, more work is required to align with the level of ambition and action needed to meet the Pledge.
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.
A landmark court ruling looms over US absence at COP30
Thu 20 Nov 2025
The historic climate change advisory opinion from the International Court of Justice suggests the United States is violating international law on climate, legal experts say.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
Greens put miners ‘on notice’, pledge to revoke fast-track approvals
Tue 18 Nov 2025
By Shannon Morris-Williams | The Greens have pledged to revoke fast-track consents for coal, hard-rock gold, and seabed mining projects if elected to government next year.
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.
A crucial system of ocean currents may be on course to collapse. This country just declared it a national security threat
Mon 17 Nov 2025
As evidence mounts these currents could be on course for collapse, Iceland’s government has made the unusual move of designating the risk a national security threat.
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
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.
Trump’s anti-climate agenda could result in 1.3m more deaths globally, analysis finds
Today 10:30am
Fallout from increased emissions linked to president’s ‘America First’ policies expected to most affect those in poor, hot countries.
Thousands march outside COP30 summit in call for action
Tue 18 Nov 2025
Marching to the beat of pounding sound systems, thousands of climate protesters have been bringing their message to the gates of the COP30 climate talks in Brazil.
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.
New partnership to fast-track grid connections for major renewable and storage projects
Today 10:30am
Powerco Transmission Services (PTS) has signed a new agreement with Kākāriki Renewables to streamline delivering large-scale wind, solar, and battery projects across New Zealand, in a move intended to accelerate the country’s transition to a low-emissions energy system.
Building resilient cities in a time of climate change
13 Nov 2025
Media release: Otago University | Local and international experts are meeting in Wellington this month to share their knowledge on creating healthier, more resilient cities in the face of the challenges posed by climate change.
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.
Artificial intelligence sparks debate at COP30 climate talks in Brazil
Thu 20 Nov 2025
At the U.N. climate talks in Brazil, artificial intelligence is being cast as both a hero worthy of praise and a villain that needs policing.
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.
New carbon calculator helps Kiwirail customers make sustainable choices
Today 10:30am
Media release | KiwiRail has launched a carbon calculator to meet increasing demand from customers wanting to compare carbon emissions from rail, road and air.
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.
Climate impacts hit NZ with increasing wild weather
23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
‘It felt bloody awful’: Hope rises from Tongariro’s wildfire ashes
Today 10:30am
By Moana Ellis, Local Democracy Reporter | A devastating wildfire scorched 3000 hectares of Tongariro National Park, but as recovery gets underway, conservation leaders say the blackened landscape could offer a rare chance for large-scale native regeneration. Local Democracy's Moana Ellis reports.
Southland windfarm plan moves through Fast Track process
Wed 19 Nov 2025
By Matthew Rosenberg, Local Democracy Reporter | A $1.1 billion Southland windfarm proposal has reared its head at a regional council after facing rejection earlier this year.
