Topics tagged with 'Emissions trading'
Current Carbon Credits Available
17 Jun 2008
NZ AAUs - December 2008 to 2012 strip - 250,000 tonnes–indicative is NZ$30 / NZ$35
ETS back in Parliament
16 Jun 2008
The emissions trading scheme is back before Parliament, with new proposals to widen the allocation of free credits and to allow lower-emitters into the scheme.
National's full minitory report on ETS bill
16 Jun 2008
National has released its miniority report on the ETS bill.
The Bill in full
16 Jun 2008
The 328 page emissios trading bill has been reported back to Parliament.
Business Council: Changes soften way for ETS, reach limit of public acceptance
16 Jun 2008
Recommended changes to the emissions trading bill as reported back will protect New Zealand industry from any unfair offshore competition and probably push assistance to major emitters to the limit of public acceptance
ACT: Don't recycle the bill, dump it
16 Jun 2008
ACT Leader Rodney Hide today labelled the Emissions Trading Scheme tabled in Parliament a costly mistake that will costs jobs and undermine New Zealand's standard of living.
Overall, the market feels well bid
16 Jun 2008
A mixed bag on the energy markets saw carbon weaken slightly ahead of the weekend.
Latest strip of CER’s 2008 – 2012 Vintage – indicative mid prices
16 Jun 2008
Indicative prices below are subject to change and subject to counterparty credit assessment.
Current Carbon Credits Available
16 Jun 2008
NZ broker OMF has the following carbon credits available:
ETS uncertainty deterring large InterCity investment
13 Jun 2008
InterCity is frustrated that New Zealand’s proposed emissions trading scheme (ETS) will act as a disincentive for it to reduce emissions and continue to operate a low emissions fleet.
Telling report appears on EU scheme on eve of NZ ETS bill debate
13 Jun 2008
The EU emissions trading scheme works “surprisingly well” and has little or no negative impact on the overall European economy, a new Massachusetts Institute of Technology – Sloan management School study shows.
No carbon invoices, says Hyde
13 Jun 2008
Act Party leader Rodney Hyde is ruling out a policy of individual invoices for a carbon flat-tax.
Changes at Carbon News
13 Jun 2008
Carbon News from next week will publish two-in-depth editions a week.
Backroom deal guts agricultural targets: Greens
13 Jun 2008
A backroom deal between the Government and the agriculture sector has gutted the industry's voluntary emissions targets and directly contradicts Government policy, according to Green Party Co-Leader Jeanette Fitzsimons.
If you're picking US ETS schemes, Obama's 6 point ahead
13 Jun 2008
If you're betting on Obama's version of emissions trading, latest national rolling poll results show him 6% up on McCain.
Forestry owners: Ministers claim of liabilities warning not true
13 Jun 2008
Claims by forestry minister Jim Anderton on Radio New Zealand’s Morning Report yesterday that land owners were warned five years ago of potential deforestation liabilities are not correct, the New Zealand Forest Owners Association said yesterday.
Latest strip of CER’s 2008 – 2012 vintage – indicative mid prices
13 Jun 2008
The following prices in size but prices below are indicative, subject to change and subject to counterparty credit assessment.
ETS bill back to Parliament next week
12 Jun 2008
The Climate Change Bill that will bring the Government’s emissions trading scheme into force will be back in Parliament next week.
Heavy emitters' bull turned loose in Maori Party's china shop
12 Jun 2008
The heavy emitters' organisation yesterday launched a public attack on the Maori Party in a move which might indicate it has given up on getting the party's support to delay the ETS bill.
Secondary market eyed in carbon underwriting and guarantees
12 Jun 2008
Financial services executives are tentatively looking forward to a secondary market in the ETS sphere focused on underwriting and guarantees.
ACT working on individual carbon tax?
12 Jun 2008
ACT will cover the ETS debate in Parliament with the concept of individual invoices for a carbon flat tax.
New report: 2009 turning point for EU ETS, urges quick Phase 3 commitment
12 Jun 2008
Amendments to the EU emissions trading scheme (EU ETS) proposed by the European Commission are a big step forward and should be adopted into EU legislation by the spring of 2009.
O'Reilly: No excuse for faltering energy supply
12 Jun 2008
Secure electricity supply is fundamental for business and there’s no excuse for the current faltering supply, says Business NZ.
$400,000+ price-tag for NZIER report?
11 Jun 2008
The secretly funded NZIER report on the potential impacts of the emissions trading scheme may have cost at least $400,000.
Major deforestation reported, but MAF survey shows ETS will lift replanting rates
11 Jun 2008
National yesterday decried the worst ever loss of 13,600 hectares of forest last year as a disaster for the environment. However it will vote against the ETS, which a MAF study reveals will boost replating rates by 5 to 15%.
Maori party attacks proposed heavy emitter subsidies as “outrageous”
11 Jun 2008
The Maori Party’s co-leaders yesterday described the proposed 90% subsidy of heavy emitters under the emissions trading scheme as “outrageous”, indicating a tough line in any support for the ETS bill.
Japan embraces emissions trading - trial scheme to launch
11 Jun 2008
One of New Zealand's major trading partners, Japan, will trial a carbon trading regime later this year.
Record daily average of 13.5 million EUAs traded
11 Jun 2008
A record daily average of 13.5millioin EUAs traded through brokers and exchanges last week.
The EUA/CER price differential explained
11 Jun 2008
IDEAcarbon has issued an analysis explaining the difference between EUA and CER prices.
International carbon reduction and offset alliance forms
11 Jun 2008
Eight of the world’s leading carbon reduction and offset providers have formed the International Carbon Reduction and Offset Alliance (ICROA), The Climate Group announced.
Latest strip of CER’s 2008 – 2012 Vintage – indicative mid prices
11 Jun 2008
Latest mid prices for CERs from OMF, subject to change and subject to counterparty credit assessment.
Solid Energy one of NZIER emissions trading study funders
10 Jun 2008
State owned enterprise Solid Energy is one of the funders of the NZIER’s study on the possible economic impacts of the emissions trading scheme.
InterCity stalls its "carbon neutral" effort till after the election
10 Jun 2008
InterCity’s plan to be New Zealand’s first carbon neutral tourism and national transport company is on hold while it waits for the outcome of the election.
Scoping work under way to enhance register for start of ETS
10 Jun 2008
The public service is waiting for the ETS bill to become law before appointing people to key new roles administering emissions trading.
Energy and supply fears drive emissions credit prices to two-year high
10 Jun 2008
EUA-Dec08 hit a 2-year high of EUR 27.25 in the week to June 7.
M-co: story on First Rand Bank-backed launch of NZ trading platform wrong
10 Jun 2008
The Marketplace Company Limited (M-co) feels compelled to respond to your lead article published in Carbon News (June 9).
Don't rush the ETS - Field
9 Jun 2008
Independent MP Taito Philip Field is unlikely to support the Government’s emissions trading scheme, telling Carbon News that he fears it could damage the economy and that he doesn’t believe it needs to be passed before the election.
National prepared to gut emissions trading scheme
9 Jun 2008
National has once again proved it’s slippery on climate change, and will tell audiences whatever they think they want to hear, according to Climate Change Issues Minister David Parker.
Note reveals China's central bank working on cap and trade scheme
9 Jun 2008
China's central bank has drawn up a tentative outline for a domestic emissions trading scheme that could cover everything from greenhouse gases to water pollutants, and speed the country's push for greener growth.
Austral Pacific delists from AMEX
9 Jun 2008
New Zealand-based exploration and production company, Austral Pacific Energy Ltd. has begun the process to de-list from the American Stock Exchange (AMEX).
United Future - Green sniping breaks out as Dunne continues his dance on ETS
9 Jun 2008
The Greens and United Future are sniping at each other as Peter Dunne continues his equivocal behaviour over the proposed emissions trading scheme.
Guilt-free flying with carbon offsets - buyer beware
9 Jun 2008
FORUM: In this opinion peice an Australia Green Living blog contributor Chervil comments on the risks passengers are running in buying airlines' voluntary emission offets.
US cap and trade bill dies in the Senate
9 Jun 2008
A bill which would have introduced a cap and trade scheme in the US, died in the Senate with a 48 to 36 vote against allowing amendments to be read.
Garnaut says excluding petrol from Australian ETS "unwise"
6 Jun 2008
The economist advising the Australian Government on how to deal with climate change, Ross Garnaut, has suggested it would be unwise to exclude petrol from any emissions trading scheme.
Heavy emitters must pray NZ doesn't follow Obama's ETS plan
6 Jun 2008
New Zealand's heavy emitters, waiting to see how the rest of the world approaches emissions trading, will not like the plan of likely US Democratpresidential candidate Barrack Obama.
EU Parliament looks at rules for carbon capture and storage
6 Jun 2008
BACKGROUNDER: The International Energy Agency predict a 70% increase in coal burning by 2030.
"Kill me": US Senate clerk(s) forced to read 492 page amendment to ETS bill
6 Jun 2008
In US Senate action on the Climate Security Act, Republicans are forcing the clerk to read the entirety of theBoxer substitude amendment, claiming they haven't had enough time to read it yet.
Business leaders: ETS fuels delay means incentives needed to buy electric and low-emision cars
6 Jun 2008
Business leaders yesterday welcomed a Carbon News report that Ministry of Transport officials are investigating options for incentives to encourage people to buy low-emission vehicles.
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.
