Topics tagged with 'Emissions trading'
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.
Dissenters will support ETS if it's law, minutes show
4 Jul 2008
Heavy emitters have revealed privately they will "fall in behind" the emissions trading scheme if it is passed into law.
Wind-generated electricity blows past 2007 figures
4 Jul 2008
The contribution of wind energy to New Zealand’s electricity supply has increased significantly, figures released yesterday by the Ministry of Economic Development show.
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.
