Topics tagged with 'Emissions trading'
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.
Firms found to be ill-prepared for cap-and-trade scheme
1 Aug 2008
Many UK firms remain unprepared for the introduction of a cap-and-trade scheme, and have little experience of the IT systems and trading processes that will be required to comply with the new legislation.
AUGUST 18-20: Climate change and business conference - Rudd and Clark appearing
1 Aug 2008
Prime Minister Helen Clark and Prime Minister Kevin Rudd will speak at the Fourth Australia-New Zealand Climate Change and Business Conference in Auckland this month.
AUGUST 18: Clean billions on conference agenda
1 Aug 2008
Hundreds of business people are being brought together in Auckland on August 18 to discuss new technology and investment opportunities which could earn New Zealand billions of dollars as the world responds to climate change.
Heavy falls in prices right across the strip
31 Jul 2008
Prices right across the carbon strip fell heavily last night after France announced it had issued 132 million allowances.
Latest Strip of CER’s 2008 – 2012 Vintage – Indicative Mid Prices
31 Jul 2008
OMF is able to deal over the counter (OTC) on prices in size. Prices below are indicative, subject to change and subject to counterparty credit assessment.
BREAKING NEWS: Government calls for tough CDM regime
29 Jul 2008
New Zealand is calling for tougher rules around carbon credits and investments, saying that governments should be required to monitor and enforce minimum requirements for clean development mechanisms.
Millions on research could mean billions in earnings
29 Jul 2008
Research into renewable energy is booming – and could lead to multi-billion-dollar earnings if New Zealanders can get their products to the market first.
Aussie opposition plans response to Rudd's green paper
29 Jul 2008
Liberal and National MPs will gather in Canberra today and tomorrow to hammer out a response to the Rudd government's green paper on an emissions trading scheme.
Australians singing the same old song
29 Jul 2008
New Zealanders watching debate across the Tasman in the wake of the Australian Government's release of its draft emissions trading scheme can be forgiven a sense of deja vu.
We'll fight for our forest rights, owners warn ETS policy-makers
25 Jul 2008
Kyoto Forest Owners say they will wage war if either major political party reneges on promises over carbon credits worth millions of dollars.
ANALYSIS: Heavy emitters and National scoring major own goal
25 Jul 2008
The little-covered press release issued by the Kyoto Forestry Association this week, seeking major-party assurances its members will still get hundreds of millions of dollars worth of carbon credits, speaks of the unspeakable position anti-emissions trading campaigners have got themselves and others into.
Hungary joins us in international carbon trading scheme
25 Jul 2008
Hungary has joined New Zealand and three other countries in linking to a carbon trading scheme under the Kyoto Protocol, allowing the country to sell government-level emissions permits, a Hungarian ministry spokesman said.
Kyoto foresters seek assurances on Labour and National's carbon credit promises
25 Jul 2008
The Kyoto Forestry Association (KFA) is seeking assurances from the Labour and National parties that their 2007 promises to post-1989 forest owners, worth hundreds of millions of dollars, can continue to be relied upon.
Public wants help with ETS costs, survey shows
22 Jul 2008
Overwhelming public support for help for households in coping with the costs of an emissions trading scheme could provide the impetus to get the scheme passed before the election.
Fertiliser companies' carbon move could cost consumers
22 Jul 2008
A push by fertiliser companies to sheet home carbon dioxide emission charges to the “end users” of the fertiliser has conjured up the possibility of a carbon levy or surcharge on consumer foodstuffs sold in supermarkets and elsewhere.
In time, Australia and NZ ETS plans can work together, say governments
18 Jul 2008
Australia and New Zealand have developed different emissions trading schemes because their economies are different, but will bring the schemes together over time. That’s the message from Wellington and Canberra this week as the governments of both countries push ahead with plans for emissions trading regimes as key planks of their climate change strategies.
Australia gets ETS agriculture right, say New Zealand farmers
18 Jul 2008
New Zealand farmers say they are sympathetic to Australia’s desire for caution over bringing agriculture into an emissions trading scheme.
Tell us how to cope with ETS, Business Council urges Government
18 Jul 2008
The Government would win more political support for emissions trading scheme if it told New Zealanders how it will help them to cope with the costs of the scheme, says the New Zealand Business Council for Sustainable Development.
Maori Party sticks to polluters-should-pay stance on ETS fuel plans
18 Jul 2008
The Maori Party is unlikely to push for an Australian-style buffer against the effects of increased fuel prices under New Zealand’s proposed emissions trading scheme.
Long-haul airlines to get carbon relief from Europe
18 Jul 2008
Airlines flying long-haul to Europe will get extra allocations of carbon credits under the European emissions trading scheme, says the European Commission to New Zealand.
Spending on science and innovation is best for combating climate change
18 Jul 2008
There are technological solutions to the problems created by technology, writes Kim Carr, Australia’s Minister for Innovation, Industry, Science and Research:
Consider Aussie ETS before passing bill, say Nats
18 Jul 2008
New Zealand needs to give careful consideration to the design of the Australian emissions trading scheme before passing the current bill, says National Party Climate Change spokesman Nick Smith.
Parker, Swan meet tomorrow to talk emissions trading
16 Jul 2008
Australia’s proposed emissions trading scheme will be top of the agenda for a meeting between New Zealand Climate Change Minister David Parker and Australian Treasurer Wayne Swan tomorrow.
Australia announces all-gases and almost-all sectors ETS
16 Jul 2008
Australia has announced a proposal for a broad emissions trading scheme that covers all six greenhouse gases and every sector except agriculture.
REACTION: Green Paper gives cold comfort to those wanting to delay emissions trading
16 Jul 2008
The Green Paper outlining the Australian Government’s thinking on emissions trading shows it is well aligned with New Zealand’s plans, says the New Zealand Business Council for Sustainable Development
REACTION: NZ emission scheme should pick up some Aussie ideas, say forest owners
16 Jul 2008
Forest owners have welcomed the release by the Australian Government of its preferred policies to reduce greenhouse gas emissions.
Acting on climate change: towards an Australian carbon pollution reduction scheme
16 Jul 2008
The following is the official summary of the Australian Government’s green paper on climate change, released today by Prime Minister Kevin Rudd, Treasurer Wayne Swan and Climate Change Minister Penny Wong.
World won't buy ETS dream, top economist tells Aussies
15 Jul 2008
Australians are being told by one of the world’s leading economists that the world will never support an emissions trading regime.
Green economy good for jobs and business, says union expert
15 Jul 2008
New Zealand can be cautiously optimistic that shifting to a green economy will be good for jobs and business, as a new report in Australia predicts up to three million new jobs will be created under a green economy.
Air NZ reviewing implications of EU emissions plan
15 Jul 2008
Air New Zealand remains tight-lipped over the possible impact of the European Parliament’s second-reading vote in favour of including aviation in the European Union’s emissions trading scheme in 2012.
ANALYSIS: Australian Green Paper: Will faces here go green or red?
15 Jul 2008
ANALYSIS: The Green Paper on Australia’s emissions trading scheme, being published tomorrow, could have policy and political repercussions in New Zealand.
Poll shows most of us want action on climate change
11 Jul 2008
Another poll has confirmed that most New Zealanders believe that climate change is human-induced and want to take action.
NZIER-funded polling shows coalition deal may have to deliver ETS policy
11 Jul 2008
Emissions trading is an issue of great concern to Maori and Green party voters - and the major parties might need them to form a coalition after this year's election.
NZ, Australia emissions schemes sit happily together, says Parker
11 Jul 2008
New Zealand and Australia’s emissions-trading schemes are compatible and line-up on the basics, says Climate Change Minister David Parker.
Gas the way to go for home heating, say manufacturers
11 Jul 2008
Switching to gas and LPG for heating our water, our homes and for cooking could reduce New Zealand’s CO2 emissions by nearly two million tonnes each year and provide an important interim step towards renewable energy solutions, say New Zealand’s gas and LPG associations.
ANALYSIS: The NZIER and friends' poll slip is showing
11 Jul 2008
A close-call election result is probably not what the NZIER and its major emitter study funders would have most liked in the results of their June TNS Conversa poll.
Roundtable: NZIER survey confirms ETS proposals lack support
11 Jul 2008
“The New Zealand Institute of Economic Research survey confirms what the Business Roundtable has been saying: that the government has failed to make a robust case to the public that further action against climate change is in New Zealand’s interests, and that without public support any action is likely to be politically unsustainable”, Roger Kerr, executive director of the New Zealand Business Roundtable said.
Paper giant might fold and flee if NZ emissions scheme 'hostile'
8 Jul 2008
International paper giant Norske Skog might quit New Zealand if it is confronted by what it regards as a hostile emissions regime, sources say.
NZIER releases public poll on climate change
8 Jul 2008
New research shows there is little public support for the proposed emissions trading scheme, says the New Zealand Institute of Economic Research.
ANALYSIS: The poll result NZIER’s mystery funders won’t like
8 Jul 2008
Perhaps the most sobering result for the NZIER and its supporters in its June TNS poll on emissions trading is the party vote one.
Forest owners urge NZ to follow Garnaut carbon storage action
8 Jul 2008
Australia’s emissions trading scheme is likely to recognise carbon stored in wood products – something New Zealand’s own forest industry would like to see on the table for the second commitment period of the Kyoto Protocol.
NZ farmers welcome Garnaut report’s cautionary note on agriculture
8 Jul 2008
New Zealand farmers have applauded the recommendation by the Garnaut report that agriculture should not be part of an Australia emissions trading scheme until there are improved measuring and monitoring systems in place.
October vote by EU Environment Committee to decide on new ETS detail
8 Jul 2008
The European Parliament’s Environment Committee will vote on October on proposed amendments to Europe’s phase three emissions trading scheme.
Garnaut review releases draft report
8 Jul 2008
Australians are facing risks of damaging climate change. Without strong and early action by Australia and all major economies we are likely to face severe and costly impacts on Australia’s prosperity and enjoyment of life, according to the Garnaut Climate Change Review’s Draft Report, released on Friday.
Did the ETS really cause big business to leak?: the Dutch evidence
8 Jul 2008
Everywhere emissions trading is being considered, heavy emitters are saying they will relocate to countries without a price on carbon.
Braver than Kiwis, British Columbians start paying carbon tax on fuel
8 Jul 2008
Canada’s British Columbian state government’s new carbon tax came into effect last week, indicating how the New Zealand may have missed a chance to introduce carbon prices here with limited public opposition.
Employers using ETS scare tactics on workers, says union
4 Jul 2008
Employers are playing on workers’ fear for their jobs as part of a campaign to undermine plans for an emissions trading scheme, says the country’s largest trade union, which will today announce its position on climate change and emissions trading.
Climate progress slowing, says Auckland councillor
Thu 5 Jun 2025
By Shannon Morris-Williams | The devastating cyclone that tore through Tāmaki Makaurau in 2023 left behind more than just broken infrastructure, sparking calls to focus on facts over ideology in the fight against climate change.
Fed Farmers launches campaign against carbon forestry
Today 11:30am
By Liz Kivi | Federated Farmers has launched what they are calling the ‘Save Our Sheep’ campaign, blaming carbon forestry for declining sheep numbers and calling on the government to urgently review the Emissions Trading Scheme.
Greenwashing is rife in Australia, but could its days be numbered?
28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Microplastics found in sand on dozens of NZ beaches
Wed 4 Jun 2025
Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.
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.
Govt mulls status quo for ETS auction settings
29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
Global energy investment set to hit record $3.3 trillion in 2025, IEA says
Today 11:30am
A surge in clean energy spending is expected to drive a record $3.3 trillion in global energy investment in 2025, despite economic uncertainty and geopolitical tensions, the International Energy Agency said on Thursday.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Common low-grade clay strengthens low-carbon concrete
Thu 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.
Gas supply reducing faster than forecast
Thu 5 Jun 2025
By Liz Kivi | Gas reserves have reduced 27% as of 1 January 2025 compared to last year, according to data released today by the Ministry of Business, Innovation and Employment.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Extreme ocean warming engulfed South-West Pacific in 2024
Today 11:30am
By Shannon Morris-Williams | Unprecedented ocean warming engulfed the South-West Pacific in 2024, with extreme heat and rainfall causing deadly and devastating impacts and sea level rise threatening entire islands.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Biochar's negative emissions tech coming to Fieldays
Today 11:30am
Biochar Network New Zealand will showcase its negative emissions technology biochar at this year's Forestry Hub at Fieldays 2025.
Vanuatu criticises Australia for extending gas project while making COP31 bid
Wed 4 Jun 2025
Vanuatu’s climate minister has expressed disappointment over Australia’s decision to extend one of the world’s biggest liquefied natural gas projects and said it raises questions over its bid to co-host the COP31 summit with Pacific nations.
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.
Electrification challenge for politicians, regulators
27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
How the little-known ‘dark roof’ lobby may be making US cities hotter
Today 11:30am
As cities heat up, reflective roofs could lower energy bills and help the climate. But dark-roofing manufacturers are waging a quiet campaign to block new rules.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
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.
What happened to the hydrogen economy?
Tue 3 Jun 2025
The hydrogen car that was supposed to carry us into a cleaner future is still not in the driveway. In fact, outside of a few test markets, it’s not in anyone’s driveway.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
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.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
Govt's RMA overhaul sparks fears for nature and climate
30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
Thu 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.
Top ocean experts sound the alarm over growing marine crisis due to climate change
Today 11:30am
On the opening day of a global science conference, French fishery scientist Clea Abello presented research showing that marine protected areas could protect commercially valuable fisheries.
Tech alone won’t save us, warns climate expert
Wed 4 Jun 2025
By Shannon Morris-Williams | Technology alone won't be enough to reach net zero emissions, environmental psychologist Lorraine Whitmarsh told the Carbon and Energy Professionals conference in Auckland last week.
New research reveals NZ’s natural resource footprint
29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
NZ's first chance in 20 years to catch up on waste
30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
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.
UK’s solar power surges 42% after sunniest spring on record
Today 11:30am
The UK’s solar farms and rooftops generated more electricity than ever before in the first five months of 2025, as the country enjoyed its sunniest spring on record.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
US: Clean energy project cancellations top $14 Billion so far in 2025
Wed 4 Jun 2025
Businesses have pulled the plug on big projects amid Trump’s retreat on climate action. But plenty remain in the pipeline, awaiting a Congressional decision on tax credits.
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.
“It’s not the car – it’s how we move” – EECA
Tue 3 Jun 2025
By Shannon Morris-Williams| New Zealand’s transport emissions conversation has focused heavily on electric vehicles – but Richard Briggs, group manager, delivery and partnerships at the Energy Efficiency and Conservation Authority, says we’re asking the wrong question.
Europe’s next climate target may already have been agreed in Berlin
28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Water crisis on the horizon?
26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
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.
