Topics tagged with 'Emissions trading'
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.
New investment, new jobs, new wages, new income
24 Jun 2008
The NZBCSB report into the economic ramifications of passing the ETS before the election says that it will:
Who did the work and who paid?
24 Jun 2008
Two of our major State-owned electricity generators paid for the Business Council for the just-released Sustainable Development report on the ETS.
Hurry up’ report based on generalised assumptions
24 Jun 2008
A report claiming big investment gains from quickly passing emissions trading legislation is based on generalised assumptions and some questionable logic, says Business NZ.
New reports show multi-billion-dollar impacts of ETS
24 Jun 2008
Politicians debating whether to support the Government’s emissions trading scheme are today being hit with two major reports countering earlier claims that the scheme will cost New Zealand vast amounts of money and jobs.
Pressure builds as minor parties decide where to stand on ETS
24 Jun 2008
The emissions trading bill is top of the agenda for most minor political party caucus meetings today as pressure builds to get the scheme passed before the election.
Biofuels Bill report back much improved
24 Jun 2008
The Environment and Conservation Organisations today welcomed the report back of the much improved Biofuels Bill.
NZDEUR weaker on back of low international interest
23 Jun 2008
The carbon market drifted today and volume was extremely light - overall the market lacked direction in spite of a strong oil market and firmer electricity prices, broker OM Financial reports.
Genesis starts $100 million entry into carbon market
20 Jun 2008
Electricity giant Genesis Energy will need to surrender $100 million in carbon credits to the Government in 2011 - and executives leave for Europe today on a mission to start buying them.
Carbon exchange chief criticises lack of business and political courage
20 Jun 2008
The chief executive of New Zealand’s carbon trading platform is calling for more courage and leadership to make the most of emissions trading and the opportunities it offers for New Zealand to develop and protect its trade.
Unions: Time for business to be constructive on ETS
20 Jun 2008
The unions say the emissions trading debate now needs to focus on the impact of those on low incomes.
Emissions Trading Scheme Proves to be Trojan Horse
20 Jun 2008
"With the raft of exceptions to the proposed scheme," Cross says, "Only the productive and the wealth creators of New Zealand will be hamstrung by this unnecessary cost."
Environment Commissioner supports amended ETS bill
18 Jun 2008
New Zealand must implement an Emissions Trading Scheme (ETS), says Dr Jan Wright, Parliamentary Commissioner for the Environment. “It’s the most efficient way for New Zealand to adjust to a carbon-constrained future.”
Heavy emitters: ETS bill changes not sufficient
18 Jun 2008
The Climate Change (Emissions Trading and Renewable Preference) Bill has not been changed sufficiently to allay concerns that industry will struggle to stay profitable in New Zealand, according to the Greenhouse Policy Coalition, which represents large industry across a range of sectors.
Peters key as Clark counts ETS heads and comes up one short
17 Jun 2008
Inter-party lobbying has begun in earnest on the emissions trading scheme, with National and Labour wooing the minor parties and a planned meeting between the Greens and New Zealand First cancelled as Winston Peters takes control of his party’s position.
Steel-maker going to Government over ETS
17 Jun 2008
New Zealand Steel is heading for talks with the Government on the emissions trading scheme, saying that it still has serious concerns about the medium-to-long-term impact the scheme could have on its Glenbrook steel mill.
ETS amendments tinkering around the edges for forestry sector
17 Jun 2008
Forest owners will take little comfort from proposed amendments to the Climate Change (Emissions Tradings and Renewable Preference) Bill which were reported back from the finance and expenditure committee yesterday.
Government forestry policies costly mistake, say owners
17 Jun 2008
New Zealand’s national carbon accounts could be up to $1.5 billion worse off in the second commitment period of the Kyoto protocol than if the Government’s policies had encouraged levels of new plantings consistent with those of the 1990s, according to financial modelling by Peter Clark, climate change spokesman for the New Zealand Forest Owners’ Association and chief executive of PF Olsen Ltd.
Australia votes $2.8 million to aid 700,000 coastal homes under threat
17 Jun 2008
The Rudd Government is providing $2.8 million for three new projects to help Australia¡¦s vulnerable coastal communities to plan for the effects of climate change which could be threatening 700,000 homes across the nation.
Ships' captains to get the order: Slow ahead and save emission
17 Jun 2008
The captains of ships plying the world’s sea lanes are about to be given the message – slow down and save greenhouse gas emissions.
New Zealanders losing ambition on climate change: Ipsos
Wed 20 May 2026
By Pattrick Smellie | New Zealanders’ belief that their government has a plan to combat climate change has taken another serious hit in the latest poll of 31 countries by global research firm Ipsos.
Six NZ climate solutions up for 2026 Earthshot prize
Today 11:30am
By Shannon Morris-Williams | Six New Zealand climate and sustainability initiatives have been nominated for the 2026 Earthshot Prize, with the shortlist showcasing Kiwi-led solutions tackling emissions, plastic waste and ocean restoration.
$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.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
Govt unveils long-awaited voluntary carbon market guidance
Fri 15 May 2026
By Shannon Morris-Williams | The Government has released long-awaited guidance for New Zealand’s voluntary carbon and nature markets, as questions continue for the sector despite ministers signalling support for its growth.
Biomass sector asks: where did the love go?
Mon 18 May 2026
By Pattrick Smellie | New Zealand has sufficient biomass in its plantation forests to replace natural gas for industrial process heat at lower costs than electrification, but is failing to get the attention it deserves, sector leaders say.
Carbon News updates forward curve
13 May 2026
Carbon News has updated its ten-year NZU forward curve, following a recent rise in spot market prices, with NZUs rallying from about $34 in January to nearly $54 in early May.
UN members reinforce nations' climate change obligations
Today 11:30am
The United Nations General Assembly on Wednesday adopted a resolution reinforcing states' obligations to combat climate change, a long-awaited move toned down under pressure from major greenhouse gas emitters.
Drop in ETS forestry registrations
5 May 2026
By Liz Kivi | ETS forestry registrations have dropped off this year, with the new mandatory emissions return period, new land-use rules, and carbon price volatility all meaning participants aren’t rushing to register forestry in the emissions trading scheme.
Hipkins pans LNG plan as ‘massive step backwards’
Tue 19 May 2026
By Liz Kivi | Labour leader Chris Hipkins has told a Queenstown audience that a Government he leads would not proceed with a planned LNG import terminal, if elected at November’s election.
Tairāwhiti deserves better than weakened forestry rules
5 May 2026
OPINION: The government's proposed amendments to forestry standards, released yesterday, ignore the hard lessons learned in our region and ignore the voices that have fought hardest to protect it, writes Manu Caddie.
Green building council calls for clean energy policies
Mon 18 May 2026
The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.
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.
New solar farm to boost West Coast energy security
Today 11:30am
Construction has begun on a new 13.5MW solar farm in Reefton, with developer Lightyears saying the project will help strengthen electricity security on the West Coast and support future regional growth.
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.
Are hailstones getting bigger due to climate change?
Today 11:30am
Scientific studies suggest that a warmer climate does not necessarily lead to more frequent hail, but rather to more severe hailstorms with larger hailstones.
EDS urges MPs to scrap the Fisheries Amendment Bill
5 May 2026
Media release | The Environmental Defence Society today lodged a substantive submission on the Fisheries Amendment Bill.
Govt presses ahead with forestry rule changes despite opposition
14 May 2026
By Shannon Morris-Williams | The Government is pushing ahead with changes to commercial forestry rules despite most submitters opposing the proposals, with critics warning the reforms will weaken councils’ ability to manage erosion and forestry slash risks in vulnerable regions such as Tairāwhiti.
Iran war pushes Portugal to halve fossil fuel use over next 10 years
Wed 20 May 2026
Lisbon fast-tracks plans after the Iran war caused oil and gas costs to soar, Energy Minister Maria da Graça Carvalho tells POLITICO.
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.”
New funding for low methane farming uptake
29 Apr 2026
By Pattrick Smellie | The government will co-fund projects under an Early Adoption Accelerator scheme announced today to accelerate the uptake of low emissions farming technologies emerging from the AgriZero public-private partnership.
NZ Govt’s move to halt climate litigation under international scrutiny
Tue 19 May 2026
By Liz Kivi | Local and international NGOs have signed an open letter calling on the Government to reconsider its decision to shield major emitters from legal liability for climate-related harm.
Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime
Fri 15 May 2026
By Hang Pham, Te Herenga Waka — Victoria University of Wellington | Most of us are familiar with the concept of greenwashing: organisations exaggerating or overstating their environmental credentials. But in New Zealand, there are signs the country’s climate disclosure regime may inadvertently be driving a very different trend: not saying much at all.
‘Formidable’ El Niño expected this winter
29 Apr 2026
By Liz Kivi | Meteorologists are anticipating a significant El Niño influence on weather patterns across the country from winter onwards, with predicted lower rainfall for some areas and heavier rain for others likely to impact multiple sectors of the economy as well as the carbon market.
Victorian Hydrogen announces Southland urea fertiliser project using coal
22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
Media round-up
24 Apr 2026
In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.
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.
Labour condemns Govt plan to stop climate litigation
Fri 15 May 2026
By Liz Kivi | The Labour Party has slammed the Government’s move to block climate lawsuits against big emitters but won’t say if they would repeal the legislation if elected in November.
GIDI-style help cheaper than LNG: MBIE
11 May 2026
By Pattrick Smellie | Officials advised ministers last July that the lowest-cost way to free up gas for use during dry winters was to assist industrial gas users to switch to electricity.
Govt missing tricks to save fuel in crisis
30 Apr 2026
By Shannon Morris-Williams | The Government is being urged to shift its response to the fuel crisis away from short-term relief and towards measures that reduce demand, with public health experts warning it is missing an opportunity to boost energy security and lower household costs.
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.
Move to block lawsuits could strengthen climate case against Govt
14 May 2026
By Liz Kivi | The Government’s plan to block climate lawsuits – while potentially fatal for one groundbreaking climate case – could actually bolster claims in another live climate case underway against the Government.
‘Utterly elated’ – controversial Sams Creek gold mine application declined
Today 11:30am
By Max Frethey, Local Democracy Reporter | Campaigners are elated after the controversial gold mining application for Sams Creek in Golden Bay was declined.
Conservation land open for voluntary carbon market schemes
12 May 2026
By Pattrick Smellie | The government is to open up the Crown-owned conservation estate to private investment in voluntary carbon market projects.
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.
Pacific voice on climate at the UN
Wed 20 May 2026
A New Zealand-based researcher has told a United Nations forum that rising sea levels are already reshaping life across the Pacific and climate change is causing irreversible impacts on water supplies, food security and cultural identity.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Opposition slams environment ministry merger
13 May 2026
By Shannon Morris-Williams | Opposition MPs accused the Government of downgrading climate and environmental protections as legislation to abolish the Ministry for the Environment and merge it into a new mega-ministry passed its second reading in Parliament.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
Fri 15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
ESG funds include petrochemical companies, report finds
5 May 2026
Global banks have invested US$133bn into US petrochemical expansion, even as the industry is linked to climate change.
NZTA rejects covering $145m of Wellington public transport projects
Wed 20 May 2026
By Justin Wong, Local Democracy Reporter | More than $145 million of Wellington public transport projects - including new bus spines along the harbour quays and the redevelopment of ageing Waterloo station - never made it into the Government’s $32.9 billion national land transport plan.
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
Green Party calls for national electrification plan
20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
China widens its clean energy lead
Mon 18 May 2026
Chinese companies account for more than half of global investments in clean energy manufacturing since 2019, while new U.S. investments declined last year.
‘Landmark’ conservation reform bill – boost or bust for nature?
8 May 2026
By Liz Kivi | The Government has announced an overhaul of the country’s conservation system, which environmental organisation Forest & Bird says will undo the work of many generations of Kiwis to protect public conservation land.
Combined climate extremes may prompt carbon budget rethink
14 May 2026
Media release: Springer Nature | Combined extreme climate events are likely to become more common in the future if carbon emissions continue to rise, a paper in Nature suggests.
Media round-up
Fri 15 May 2026
In our round-up of climate coverage in local media: The government's move to change climate law removes a key protection for NZ citizens, farmers should be paid to use methane-busting tools, and it's one step forward, three steps back on environment policy.
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.
Why both trees and technology are important in the race to mitigate carbon emissions
4 May 2026
Different carbon‑removal approaches solve different problems, and pitting these technologies against each other could slow progress.
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.
UN members prepare for pivotal vote on landmark ICJ climate justice ruling
Fri 15 May 2026
If the resolution is passed, governments will recognise their legal responsibility to cut greenhouse gas emissions.
NZ First moves to revive container return scheme
4 May 2026
By Shannon Morris-Williams | NZ First is aiming to launch a national container return scheme, which could recycle over a billion wasted containers each year, reviving a policy shelved by the previous Labour-led Government in 2023.
Commission urges Govt action on climate risks
7 May 2026
By Liz Kivi | Climate change currently poses major risks to our water infrastructure with “significant gaps” in readiness to manage risks and increasing hazards, according to the Climate Change Commission.
Why is Northern Ireland facing a growing threat from wildfires?
7 May 2026
Figures show that spring drought events are happening more often while there has been a sharp rise in "fire weather" - a mix of warmth, dryness, and wind that allows fires to ignite and spread rapidly. Experts warn this combination, along with climate change, is creating a longer and more volatile wildfire season.
Human health appears unaffected by living near wind turbines
Today 11:30am
Media release: PNAS | High-resolution data collected across the United States show negligible evidence of adverse health outcomes tied to wind turbine exposure, a study finds.
