Topics tagged with 'Emissions trading'
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.
How the Australian ETS will work
5 Sep 2008
Earlier, the Australian Government’s green paper set out its thinking how its cap and trade scheme will work.
Iwi leaders doubt ETS forest land dispute will spread
5 Sep 2008
The Iwi Leadership Group is playing down concerns that the Government’s emissions trading scheme will lead to a raft of other iwi revisting their treaty settlements.
Govt: ETS forestry compo benefits large number of iwi
5 Sep 2008
The Government claims a large number of iwi believe the compensation package under the emissions trading scheme gives them a net benefit rather than a net cost.
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.
Experts call on Govt to withdraw ‘repugnant’ legislation to block climate lawsuits
Today 12:15pm
By Liz Kivi | Lawyers and climate policy experts are calling on the Government to withdraw legislation intended to block climate lawsuits, with an adaptation expert arguing that the legislation could worsen the insurance protection gap.
Hurunui to notify climate solution plan change
Thu 9 Jul 2026
By David Hill, Local Democracy Reporter | A North Canterbury council is looking to progress "a uniquely Hurunui solution’’ to sea level rise.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Media round-up
Thu 9 Jul 2026
In our round-up of climate coverage in local media: The Government re-wrote fast-track law after mining companies pushed for change; costs from inland flooding are expected to rise by up to 53% by 2075; and is there such a thing as a sustainable tourist?
Biodiversity credit markets need stronger safeguards – report
Wed 8 Jul 2026
By Shannon Morris-Williams | Emerging biodiversity credit markets need stronger government safeguards and public investment if they are to deliver lasting conservation benefits, according to a new report.
Inaction on shipping decarbonisation could cost NZ up to $94b by 2050, report says
30 Jun 2026
By Oli Lewis | Failing to support and enable the decarbonisation of the shipping industry could result in losses of $17.5 billion to $94.4b to the New Zealand economy by 2050, according to a report from the Aotearoa Circle.
Emissions Trading Scheme ‘stockpile’ shrinking
Thu 9 Jul 2026
By Liz Kivi | The “stockpile” of NZUs in private accounts continues to shrink, with the latest Environmental Protection Authority figures showing the number has dropped by 9.5 million since this time last year.
EU drafts 'electrification' plan to curb oil and gas use, after Iran war disruption
Today 12:15pm
The European Union plans to introduce a raft of policies and funding schemes to shift more of its economy to run on electricity, instead of oil and gas, a draft European Commission proposal seen by Reuters showed.
Carbon markets and biochar: a golden opportunity for NZ?
1 Jul 2026
By John O’Brien | COMMENT: New Zealand’s abundant and increasing forestry waste could become a multi-billion dollar opportunity for biochar carbon sequestration – as long as the right policies, programmes, and incentives are in place.
Coal is back in Australian Super’s portfolio. What happened to that net zero pledge?
Today 12:15pm
In 2020 Australia’s biggest super fund dumped its Whitehaven shares. Fast forward to 2026 and it is now the coalminer’s single biggest investor.
Politicians need to lead on climate: Carr
30 Jun 2026
As the election campaign heats up, former Climate Change Commission chair Rod Carr has a list of actions he's hoping to see from our aspiring leaders, which includes confronting climate denial as well as refusing funds or policy advice from vested interests.
EMA pushes for steady hand on energy and regulation
Today 12:15pm
By Shannon Morris-Williams | The Employers and Manufacturers Association wants the next government to commit to a long-term energy plan and allow faster investment in renewable generation, at the same time as slowing the pace of policy change and providing businesses with greater certainty.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Don’t gut flagship green rules, Sweden tells EU
Today 12:15pm
Sweden has vowed to block any effort to dilute the EU's proposed decarbonization scheme ahead of a policy showdown next week that is pitting capitals against each other.
Environmental groups call for ETS reform
20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
Who should pay for adaptation? Local Govt NZ calls for clarity
Today 12:15pm
By Liz Kivi | Local Government New Zealand wants more clarity from central government on the vexed issue of ‘who pays’ for climate adaptation, with the organisation hitting back at comments from the Climate Change Minister that local councils are spending too much on climate resilience.
Tarakihi on verge of extinction: Stock collapse exposes major fisheries management failings
3 Jul 2026
Media release: Environmental Defence Society | Fisheries NZ is consulting on new sustainability measures for the country’s two tarakihi stocks.
Seymour ‘imploring’ council to go easy on foresters is abuse of authority: EDS
Tue 7 Jul 2026
By Liz Kivi | The Environmental Defence Society says that Regulation Minister David Seymour’s attempt to influence Gisborne District Council to ‘go easy’ on forestry companies in enforcing environmental laws is a clear abuse of ministerial authority.
'Get on with it': Greens push for pre-election solar law
Thu 9 Jul 2026
By Shannon Morris-Williams | The Green Party is calling on Parliament to pass legislation enabling low-cost household solar finance before the election, arguing there is now cross-party support following Labour's SolarSaver announcement and National's earlier Home Energy Fund pledge.
'Electric election': Labour promises $160m SolarSaver scheme funded by gas investment cuts
Wed 8 Jul 2026
By Oli Lewis | Labour is promising to reprioritise $160 million from the Gas Security Fund to pay for its new SolarSaver policy, designed to accelerate the roll-out of household solar.
Contact: Protected geothermal fields must be opened to meet 2040 goal
6 Jul 2026
By Oli Lewis | A goal to double geothermal energy generation by 2040 using existing technologies is unachievable unless some protected fields are reclassified for development, Contact Energy says.
How will the World Bank’s abandoned finance goal affect climate action?
Tue 7 Jul 2026
The World Bank has abandoned a target for 45% of the funding it gives developing countries to be “climate finance”, following months of pressure from the Trump administration in the US.
Conservation bill risks climate goals, lawyers say
1 Jul 2026
By Shannon Morris-Williams | Lawyers for Climate Action NZ says the Government's plan to change the law to encourage economic development on conservation land could undermine New Zealand's climate goals by weakening the land's ability to store carbon, as well as allowing new sources of emissions such as mining.
Govt climate claims don't match reality, lawyers say
17 Jun 2026
By Shannon Morris-Williams | Lawyers for Climate Action has accused the Government of presenting an overly positive picture of New Zealand's climate progress at the United Nations climate summit in Bonn, arguing key claims on emissions reductions and support for the Paris Agreement's 1.5°C goal are not reflected in domestic policy.
Lake Onslow pumped hydro consortium secures funding for consent push
26 Jun 2026
By Oli Lewis | The consortium behind Lake Onslow pumped hydro has secured funding to finalise its resource consent application, aiming to lodge it under the fast-track process before 2027.
Ballance secures gas for 2026 as it progresses energy transition plan
16 Jun 2026
By Oli Lewis | One of the largest industrial gas users in New Zealand is working on an energy transition plan to futureproof domestic fertiliser manufacturing, while continuing to secure ongoing gas supply contracts.
Former West Coast Regional Council chair slams new flood report
Today 12:15pm
By Vihan Dalal, Local Democracy Reporter | A West Coast regional councillor has criticised a new report by Earth Sciences New Zealand as "a fraud" after it suggested the West Coast faces up to $24 million worth of flood damages to infrastructure by 2075.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
Ugandan farmers launch UK court case against East African oil pipeline
Thu 9 Jul 2026
Four Ugandan farmers filed a case with London’s High Court aiming to stop the East African Crude Oil Pipeline from starting to operate by asking the court to apply Uganda’s laws against the project’s UK-registered company.
Commissioner ‘unconvinced’ LNG is the best dry-year solution
26 Jun 2026
By Liz Kivi | The Parliamentary Commissioner for the Environment has told the Energy Minister he is “unconvinced” the government’s proposed LNG import terminal is the best ‘dry year’ solution for the country, and criticised the Government’s “extremely limited” options analysis.
Govt backs hydrogen with national industry summit
Thu 9 Jul 2026
By Oli Lewis | The Government is convening a major hydrogen conference to promote awareness and uptake of the alternative fuel.
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
UN chief says fossil fuel industry must cut methane for warming “relief”
25 Jun 2026
UN chief António Guterres called for stronger action to cut emissions of planet-heating methane, taking aim at the fossil fuel industry’s practices and profits, and pointing to coal, oil and gas as the root of today’s climate and energy crises.
Fifth new petroleum application targets Taranaki
Wed 8 Jul 2026
Media release: New Zealand Government | An application targeting frontier deepwater in the Taranaki Basin marks the fifth permit application to prospect or explore for petroleum since the removal of the exploration ban, Resources Minister Shane Jones says.
'Extreme' marine heatwave expected for parts of UK
Thu 9 Jul 2026
A marine heatwave could reach "extreme" levels around parts of the UK later this week, according to the Met Office, raising concerns for marine life.
Carbon capture and the need for ‘net zero oil’
16 Jun 2026
By Pattrick Smellie | The answer to making carbon capture and storage work is to make fossil fuel producers responsible for making it happen rather than consumers, says Oxford University climate change policy expert, Professor Myles Allen.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
UN plastics pact talks restart amid fears production curbs will be left out
2 Jul 2026
Diplomats reconvene a year after negotiations collapsed, but campaigners fear the agenda risks burying tricky discussions on key elements.
Northern Thai residents march for action on polluted rivers. ‘This is an emergency’
9 Jun 2026
More than 600 residents of Chiang Mai and Chiang Rai provinces embarked May 31 on a roughly 68-kilometer, six-day ‘peace walk’ to demand the Thai government take action on the river pollution crisis that has seen Thai rivers polluted with heavy metals.
Swarbrick slams $50m critical minerals funding as 'Trump's war machine' subsidy
Tue 7 Jul 2026
By Shannon Morris-Williams | The Green Party has criticised the Government's investment into two West Coast critical minerals projects, claiming the funding could ultimately support the United States defence industry rather than New Zealand's clean energy transition, while Shane Jones dismissed opponents as "flat earth idiots".
Fast-track panel backs proposed Haldon Solar Farm
6 Jul 2026
By Shannon Morris-Williams | The proposed Haldon Solar Farm in the Mackenzie Basin has moved to the final stages of the Fast-track Approvals Act process after the Fast-track Panel proposed granting approval for the project.
Experts sound alarm over escalating climate impacts
Wed 8 Jul 2026
By Shannon Morris-Williams | Scientists are warning climate impacts are accelerating across our region after a World Meteorological Organization report found last year was the South-West Pacific's second-warmest on record, with impacts including rising seas, marine heatwaves and extreme weather.
Low-cost loans for solar panels could save households hundreds on bills – thinktanks
Thu 9 Jul 2026
Millions of UK households could save hundreds of pounds a year on their energy bills if the government were to approve low-cost loans for solar panel installation, research has found.
Carbon trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
Microsoft emissions surge 27% as AI buildout crimps climate goals
Today 12:15pm
Microsoft's greenhouse gas emissions jumped 27 percent in its latest fiscal year, the tech giant disclosed Thursday, adding to a wave of worsening environmental reports from an industry racing to build AI infrastructure.
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
‘Those blocking climate science are not our friends': Pacific leaders warn at Bonn talks
23 Jun 2026
Pacific nations and civil society groups have united at UN climate talks, pushing back against efforts to weaken agreed language on global temperature limits as negotiations continue behind closed doors.
Next Govt must restart action on plastic pollution
1 Jul 2026
Media release - Zero Waste Aotearoa | Plastic Free July begins with an urgent call to put plastic pollution back on the political agenda. Plastic Free July is a worldwide campaign to reduce plastic waste and eliminate single use plastics.
Greens announce water policy, including nitrogen fertiliser phase-out
Tue 7 Jul 2026
By Liz Kivi | The Green Party announced its water policy yesterday, promising to phase out synthetic nitrogen fertiliser, as well as destructive fishing methods, if the party is elected in November.
Tourist spots across Europe hit by wildfires as Greece warns of toxic smoke
Wed 8 Jul 2026
Wildfires are raging across holiday spots across Europe, with hundreds of firefighters battling blazes in Portugal, Greece, and Spain. International reinforcements have been sent to Portugal, where a massive fire has been burning for over three days.
Faster consenting, harder trade-offs
Tue 7 Jul 2026
Faster consenting is starting to produce results, but this week's decisions show speed has not removed the harder trade-offs around electricity security, conservation, ecology and climate liability.
