Topics tagged with 'Emissions trading'
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.
ANALYSIS: The Labour-National negotiation that should be under way
4 Jul 2008
National and Labour are not far apart on the adjustments needed to make the emissions trading bill acceptable to both and restore multi-party support for the measure.
No horse trading on other issues in Govt - NZ First ETS negotiations
4 Jul 2008
Winston Peters has revealed his negotiating position over the emissions trading bill does not involve any other issue.
Energy summit chance for power players to let off steam
4 Jul 2008
The timing of the Energy Summit to be held at Te Papa in Wellington on the September 15 and 16 will turn up the heat on the energy sector as an election issue.
Australian managers not ready for ETS
4 Jul 2008
Australia’s emissions trading scheme will be unveiled today – and a new study shows two thirds of business people think it’s justified
China 2: First try at emissions trading exchange falls over
4 Jul 2008
The creation of China's first emissions trading exchange has been postponed indefinitely amid disagreements on foreign ownership in the bourse.
What’s it all about, mate, ask bewildered Aussies
4 Jul 2008
Australia takes a big step into the brave new world of climate change and greenhouse gas emissions with the release today of Professor Ross Garnaut’s draft report for the Rudd government on carbon trading.
Business leaders praise unions for recognising ETS will help deliver "future jobs"
4 Jul 2008
The New Zealand Business Council for Sustainable Development told the Engineering Printing and Manufacturing Union's climate change-focused conference at Auckland, it was now crucial not to under invest in "future jobs" by over investing to preserve "old jobs".
Garnaut plan for Australia's ETS out this week
1 Jul 2008
Australia’s emissions trading scheme is about to be unveiled.
Get on with it, unions tell business and politicians
1 Jul 2008
Unions are climbing into the emissions trading debate, using two of their heavy-weights to send a clear message to business and political leaders that it’s time to pass the bill.
ETS bill vote talks concentrating on NZ First
1 Jul 2008
Government efforts to get the emissions trading scheme into law before the election are now focused on New Zealand First.
Questions over SOE-funding of ETS reports
1 Jul 2008
Three State-owned enterprises are in the political spotlight for funding reports being used on either side of the lobby campaign on the Government’s emissions trading scheme.
New report: more carbon credits needed to protect native forests
1 Jul 2008
Landowners will clear regenerating forests for exotic forests or farming if the carbon-storage capacity of indigenous trees is not fairly recognised under the emissions trading scheme.
OPINION: CTU economist Peter Conway on the ETS
1 Jul 2008
Some business lobby groups are in full scale attack mode on the Climate Change (Emissions Trading and Renewable Preference) Bill since the National Party withdrew its support for the Bill.
New chief for ETS' administration ministry
1 Jul 2008
The lead ministry in managing the proposed emissions trading system has a new chief executive.
Australia embarks on greenhouse gas reporting system
1 Jul 2008
Australian businesses emitting large amounts of greenhouse gases from today will be required to monitor and measure the emissions ahead of reporting them to the government by October 2009.
Billions on board - carbon trading set to dominate commodities
1 Jul 2008
The market in greenhouse gas emissions could outstrip the conventional commodities markets to become the biggest traded commodity, according to the head of the US Commodities Futures Trading Commission Bart Chilton.
National: Power users may face extra bill of $165 million
1 Jul 2008
Labour is being forced to consider a plan that will load an extra bill of $165 million onto power bills, even before the Emissions Trading Scheme kicks in, says National Party Energy spokesman Gerry Brownlee.
Send ETS back to select committee, says Roy
1 Jul 2008
ACT New Zealand Deputy Leader Heather Roy today put her support behind those businesses and individuals pressuring the Government to put the brakes on the Emissions Trading Scheme - a major piece of legislation with wide-ranging effects that should not be rammed through before the election.
Heavy emitters fire more salvoes on ETS
27 Jun 2008
The battle over the emissions trading scheme continues, with big business today launching another salvo aimed at persuading politicians to delay the scheme.
Politicians (well, some of them) talk but ETS deals still not done
27 Jun 2008
Politicians are no closer to a deal to pass the emissions trading scheme, despite weeks of negotiating.
Report underestimates benefits of increased forestry planting, say forest owners
27 Jun 2008
A recent report from the NZ Business Council for Sustainable Development grossly underestimates the potential benefits generated by the forestry sector under the proposed emissions trading scheme, says the forest owners’ association (NZFOA), because the report does not factor in the ongoing and increasing ability of newly-planted forests to sequester carbon.
Tokyo approves Japan's first greenhouse gas curbs
27 Jun 2008
Tokyo's local government has ordered Japan's first mandatory cuts in greenhouse gas emissions and set up a carbon market, moving faster than the national government.
Tokyo bourse carbon-permit trade hinges on Japan plan
27 Jun 2008
The introduction of carbon permits trading on the Tokyo Stock Exchange will hinge on a government plan for compulsory emission curbs, Atsushi Saito, the president of the world's second-largest bourse, said yesterday.
Carbon weakens across board as oil prices fall
26 Jun 2008
Carbon weakened further across the board today as oil prices fell in the face of higher inventories.
Latest strip of CER’s 2008 – 2012 Vintage – indicative mid prices
26 Jun 2008
OMF prices below are indicative, subject to change and subject to counterparty credit assessment.
ETS bonus: $12b and 10,000 jobs, says report by big business
24 Jun 2008
Passing the emissions trading scheme into law will generate $12.3 billion in investment and nearly 10,000 jobs in the next 10 years, but delaying it could cost 20,000 jobs – mainly in tourism and agriculture, says a report out this afternoon.
Politicians need to ‘get over themselves’ to reduce emissions
Fri 24 Jul 2026
New Zealand needs to face up to two big areas of climate emissions: transport and agriculture, says climate policy expert Bronwyn Hayward.
Greens promise to take forestry out of the ETS
Today 12:30pm
The Green Party launched its election manifesto at its AGM yesterday, promising action to reduce climate pollution and boost resilience, with an emphasis on Emissions Trading Scheme reform.
$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
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?
National deer management strategy urgently needed to halt 'catastrophe' for native forests
Today 12:30pm
Scientists are calling for an urgent national deer management strategy, with deer numbers now at unsustainable levels and decimating native forests.
Biomass can free-up electrons to perform higher value roles – with multiple other benefits
Fri 24 Jul 2026
By Rob Mallinson | OPINION: New Zealand’s energy debate too often treats electricity as the universal solution.
Govt should bin draft voluntary market assurance and start again – expert
Fri 24 Jul 2026
By Liz Kivi | The Government is consulting on its criteria for endorsing domestic nature and carbon markets, however market experts say the draft document falls short of what is needed to support trust in the market and stop low-integrity credits being sold.
This El Niño is set to be the largest on record by a ‘mind-blowing margin’
Today 12:30pm
Forecasters predict that the monster climate pattern will combine with global warming to push global temperatures in 2027 to new heights.
Red Stag boss questions $60m cement support as timber ETS reforms stall
Thu 23 Jul 2026
By Oli Lewis | The Government has granted $60 million to an emissions-intensive industry while dragging its feet on a proposal to allow firms making harvested wood products to earn carbon credits in the Emissions Trading Scheme, an industry leader says.
Coal is back in Australian Super’s portfolio. What happened to that net zero pledge?
13 Jul 2026
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
13 Jul 2026
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.
Contact: New biodiversity goal may be 'highly problematic' for renewable projects
Fri 24 Jul 2026
By Oli Lewis | The goal of no net loss of indigenous biodiversity in the new resource management system may be highly problematic for renewable energy developments, Contact Energy says.
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.
Climate change exacerbating drought across Europe, scientists say
Today 12:30pm
Climate change is exacerbating drought this year in Europe as extreme heat evaporates water supplies, scientists said in an analysis published on Thursday, after low water levels disrupted shipping, farming and industries in countries including Romania and Greece.
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.
Media round-up
Fri 24 Jul 2026
In our round-up of climate coverage in local media: Labour leader Chris Hipkins floats the idea of a carbon border tax; two-way charging between the garage and the grid will slash power bills; and cost isn't everything when it comes to rooftop solar.
West Africa signs off $25bn mega gas-pipeline plan
Wed 22 Jul 2026
One of Africa's most ambitious energy infrastructure projects has finally been signed off at the highest level, with West African leaders formally endorsing the long-awaited Nigeria-Morocco Atlantic Gas Pipeline.
$3m Govt boost for Tauranga geothermal energy
14 Jul 2026
By Liz Kivi | Resources Minister Shane Jones has announced a $3 million grant for the Gas to Geoheat Tauranga Geothermal System Project as part of the Government's plan to double geothermal energy by 2040.
Will new UK PM’s green measures at home cause climate finance pain overseas?
Thu 23 Jul 2026
Andy Burnham will cut bus fares and household electricity tax in a boost for UK climate action – but this will be funded partly by switching international climate finance from grants to loans.
The thriving coral reef that ‘defeated time’ in West Africa
Wed 22 Jul 2026
A 60-year mystery has been solved as researchers discover a coral ecosystem on the Benin-Togo continental shelf that is still teeming with marine life.
‘Master class in greenwash’ as Ottawa unveils CCS deal
20 Jul 2026
A multi-billion-dollar plan to transport and store greenhouse gas emissions from Canada’s emissions-intensive oil sands has received a major boost, even though the highly-touted deal between Ottawa, Alberta, and the five oil major sands companies will only capture a tiny fraction of the oil sands’ climate pollution.
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.
Groundbreaking steel startup cuts production time while slashing emissions
Today 12:30pm
Startup CullBeck has raised a record $20 million to commercialise its new ironmaking technology, which replaces coal with hydrogen to eliminate carbon emissions from one of the world's most emissions-intensive industries.
Climate change keeps adding to the list of uninsurable assets, Allianz executive says
Fri 24 Jul 2026
Extreme weather events — such as the heat wave that just hit Europe — are making more and more assets too risky to insure, according to a director at Europe’s largest primary insurer.
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.
Greenpeace launches legal challenge against US$2.5bn expansion by Premier Beehive parent company JBS
Thu 23 Jul 2026
Media release | Greenpeace Netherlands has petitioned a Dutch court seeking to compel the world’s largest meat company JBS, to disclose information, in order to challenge its business policies in court. This includes its planned US$ 6 billion global expansion, of which almost half is earmarked for Nigeria.
NZ at risk of missing all its climate goals: Commission
Wed 22 Jul 2026
By Liz Kivi | Aotearoa New Zealand’s rate of emissions reduction needs to more than double, with progress stalling since 2024 after the Coalition Government took power, according to the latest report from the Climate Change Commission.
Planetary Facts dashboard aims to make environmental costs visible
15 Jul 2026
By Shannon Morris-Williams | Consumers can now compare the environmental impacts of everyday products with a new online dashboard designed to do for sustainability what nutrition labels have long done for food.
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.
What’s next for Sams Creek after failed mining bid?
15 Jul 2026
Max Frethey, Local Democracy Reporter | A controversial gold mining application at Sams Creek has been declined, leaving question marks hanging over the future of the land.
‘I can’t work in the farce of climate change cruise tourism anymore’: why Antarctic guides quit their dream jobs
Wed 22 Jul 2026
“You’d see massive glacier calvings, and you’d just want to cry. But all the guests would be cheering. And you’d be like … ‘can you not put two and two together?’”
Panama Canal braces for El Niño, announcing first transit restrictions
Fri 24 Jul 2026
The probability of a severe El Nino has risen from 25% to 81% and the Panama Canal is preparing to restrict transits.
NZ First promises $1 billion for offshore oil and gas
20 Jul 2026
By Liz Kivi | New Zealand First wants to “drill baby drill,” and has made an election campaign promise of $1 billion to survey New Zealand’s offshore basins to extract oil and gas, in an announcement at the party’s campaign launch on Sunday.
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.
Greens bill aims to keep supermarket food out of landfill
Today 12:30pm
By Shannon Morris-Williams | The Green Party has introduced a member's bill that would require New Zealand's largest supermarkets to donate edible surplus food to food rescue organisations instead of sending it to landfill, saying the move would reduce waste, cut emissions and help tackle food insecurity.
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
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".
China solar exports to South, Southeast Asia and Africa rise despite post-rebate slump
Wed 22 Jul 2026
China's solar exports to Southeast and South Asia as well as Africa rose year-over-year in June, customs data showed on Monday, though overall solar exports slipped for a second month after China removed an export tax rebate.
Resource management Bills 'not yet ready to be enacted', says Upton
Wed 22 Jul 2026
By Oli Lewis | The two Bills to replace the Resource Management Act are not ready to be enacted and there is no way of knowing how they will affect the environment, the Parliamentary Commissioner for the Environment says.
Turning waste into climate-resilient soils for communities
Fri 24 Jul 2026
Media release: University of Canterbury | Christchurch’s Red Zone is being used as a test bed to see whether biological wastes (biowastes) can help transform contaminated soil into climate-resilient soil.
Green Party takes ‘electric election’ up a notch
Tue 21 Jul 2026
By Liz Kivi | The Green Party is promising to cut power bills and establish a publicly owned company, ‘Kiwipower,’ to deliver affordable renewable energy.
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.
Big tech joins big oil in ruining summer
20 Jul 2026
The industry has abandoned its climate pledges in favor of fossil fuel-powered AI data centers.
'Shocking' changes to RMA replacement further weakens environmental protections –EDS
Tue 21 Jul 2026
By Shannon Morris-Williams | The select committee's report back on bills to replace the Resource Management Act fails to address the Environmental Defence Society's "massive concerns" with the legislation.
How e-scooter company Lime cut its supply chain emissions
Fri 24 Jul 2026
The company’s latest sustainability report, shared exclusively with Heatmap, shows that carbon intensity per kilometer traveled has dropped 81% since 2019.
Experts call on Govt to withdraw ‘repugnant’ legislation to block climate lawsuits
13 Jul 2026
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.
New funding round opens for Auckland zero waste projects – $500k available
Fri 24 Jul 2026
Media release | Auckland Council is inviting applications for the 2026 Waste Minimisation and Innovation Fund (WMIF) with $500,000 available to support projects that reduce waste and increase recycling and reuse to help achieve Auckland’s goal of zero waste by 2040.
Greens announce water policy, including nitrogen fertiliser phase-out
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.
Trump blames Canada for wildfire smoke affecting US
Tue 21 Jul 2026
A series of Republican “leaders” have started producing angry denunciations of Canada for polluting America’s air with their "thoughtless" fires.
Faster consenting, harder trade-offs
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.
