Topics tagged with 'Emissions trading'
G8 environment ministers fail to set emissions cut target
28 May 2008
A three-day meeting of G8 environment ministers in Japan has concluded with a familiar call for nations to agree on goals to cut emissions.

Australians shift on free emissions
27 May 2008
The New Zealand Government is continuing to rule out free carbon credits to most sectors of the economy, despite a shift in thinking in Australia on the issue.
Greens reveal more of their conditions for ETS support
27 May 2008
The Greens have set out some of their policy demands for support of the emissions trading bill.

Parker rules out personal carbon rationing
27 May 2008
Climate Change Issues Minister David Parker is ruling out a personal carbon emissions trading scheme here.

No early mad rush for Energy Mad's household emission credits
27 May 2008
The first ever online auction of voluntary carbon credits created by demand side energy efficiency projects in New Zealand is off to a slow start.

Low-carbon economy – millions of new jobs?
27 May 2008
Ethical Corporation- Europe's leaders say a low-carbon economy will create millions of new jobs.

Forum heads to the select committee
26 May 2008
A high-powered group of business and community leaders who back an emissions trading scheme will appear before the finance and expenditure select committee today to answer questions from MPs.

Dunne does a dance on ETS costs to households
26 May 2008
UnitedFuture leader Peter Dunne says the party’s future support of both the Emissions Trading Scheme and the biofuels legislation currently before Parliament hinge on the issue of the impact on household budgets.

Assumptions used to delay fossil fuel in ETS may prove unreliable
26 May 2008
Key data behind the Government’s major decision to defer including liquid fuels in the emissions trading scheme until 2011 rely on multiple assumptions which may prove unreliable.

Note NZ: EU achieves economic growth while holding emissions levels
26 May 2008
In a result which could send a heartening signal to New Zealand's ETS backers, a new report from the European Unions shows it has been able to achieve economic growth while restraining emissions.

NZ MARKET REPORT: Prices drift ahead of European long weekend
26 May 2008
Carbon prices drifted ahead of a long weekend in Europe and the US. Oil was slightly higher but off recent highs and it had minimal impact on the direction of carbon – the market was quiet and volume was light in both EUAs and CERs.

MOODY'S REPORT: ETS could affect heavy emitters' cedit ratings
26 May 2008
Ratings agency Moody's says the European Union's ETS actions could profoundly affect the operations of some of the region's most emissions inensive industries.

Survey reveals how much would you pay for 2008-2012 CER strip
26 May 2008
How much would you currently pay per CER for the 2008-2012 strip?
Greenpeace: Good initiatives at risk under polluter subsidy plans
26 May 2008
Greenpeace welcomes today's Green Party announcement that all state houses will be properly insulated within five years but warns initiatives like this could be at risk if big polluters get their way.
Tanzos: Landcorp should help sheep farmers avoid emissions costs
26 May 2008
Green Party MP Nandor Tanczos has called on Landcorp to support New Zealand sheep farmers by trialling organic sheep farming methods rather than leading the shift to dairy conversion.
Bullish carbon prices expected to continue
26 May 2008
Broker IDEAcarbon expects market billishness to continue.

Europe's three biggest emitting companies named
26 May 2008
The three biggest emitters in the EU's emissions tradinge scheme have been revealed.

EXCLUSIVE - National answers questions on ETS: No bill backing even if it gets all it wants
23 May 2008
In response to a series of questions from Carbon News, National says it will bring farmers into the emissions trading scheme, but won’t vote to pass it before the election – even if it can get all six of its key demands into the draft legislation.
Price for NZ First support of ETS not paid yet
23 May 2008
A Budget commitment to help the elderly meet the rising cost of electricity under an emissions trading scheme is just the first concession of several being demanded by New Zealand First as its price for supporting the climate change bill.
Fiscal forecast: ETS will lose Govt $121m net in first commitment period
23 May 2008
The Government will allocate $2,151 million in emission credits and earn $2,030 million from them in the first Kyoto commitment period, making a net loss of $121 million.

Dunne: More than tax cuts needed for households to counter ETS price rises
23 May 2008
There will be justifiable outrage and anger if the Government decides to treat these cuts as effectively a down payment on increases in the cost of living brought on by the Emissions Trading Scheme, according to United Future leader Peter Dunne.

Australia debates leaving petrol out of ETS
23 May 2008
A major debate is underway in Australia on leaving petrol out of its emissions trading scheme.
Cullen quizzed on multi-billion ETS surplus from sale of credits
23 May 2008
The Government will make a net revenue gain from the emissions trading system of up to about $159 million a year between 2013 and 2018 - $795 million over five years - and "perhaps" $1b to $1.5 b a year out to 2030.
Greens get warm, energy-efficient houses in Budget win
23 May 2008
Almost $100 million has been secured in the Budget by the Green Party fore measures which includ increasing the energy-efficiency of New Zealand homes, making it the party’s largest-ever Budget package.
Leadership forum to front select committee on ETS
22 May 2008
The Leadership Forum on Climate Change will be the next group to front-up to the Parliamentary select committee as jockeying continues over who will and will not support the climate change bill that will bring in the emissions trading scheme.
Business-as-usual Budget for climate change
22 May 2008
Today’s Budget will not be the big-bang for the environment that Australians experienced with their Budget last week, but will contain some steady-as-she-goes policy continuation.
Govt's moratorium won't affect electricity supply - Caygill
22 May 2008
A moratorium on new thermal power plants is unlikely to affect security of supply, says the Electricity Commission.

ANALYSIS: National delivers heavy emitting friends into tougher hands
22 May 2008
National’s decision to abandon support for the emissions trading bill has effectively delivered more power to parties wanting a tougher line on heavy emitters.
UN world climate change leaders to address business people at Auckland
22 May 2008
Two of the world’s foremost authorities on managing climate change will be joined by the Prime Minister Helen Clark and New Zealand business leaders at Auckland events to mark World Environment Day on June 4.

UK Minister: carbon trading works, 100% business compliance
22 May 2008
The final UK results for the first phase of the EU Emissions Trading System, which ended in December 2007, demonstrated that carbon trading can work and helped to cement the UK’s role at the centre of the global carbon market, according to Environment Minister Phil Woolas.

Delaying the ETS risks electricity security , delays to win energy investment
22 May 2008
Delaying the Emissions Trading Scheme risks discouraging investment in new electricity generation, says Gerry Coates, Chair of the New Zealand Wind Energy Association.

Symbolic Australia emission credit trade at $19 paves way for new ETS market
22 May 2008
Australia's first symbolic carbon trade has put a symbolic price of $19 a tonne on emissions.

Ka kite Rio Tinto….kia ora ETS
21 May 2008
The Maori Party has launched a stinging attack on big businesses that it says are trying to bully the Government into transferring the cost of their greenhouse-gas emissions on to taxpayers, suggesting that the party is going to give the Government the numbers to pass the emissions trading scheme into law.

ETS bill vote support scenarios favour bill’s passage
21 May 2008
Labour could carry its emissions trading bill through the House with a maximum of 70 votes to 51 if it gathers the support of its current coalition partners and independent MP Taito Phillip Field.

The "windfall" controversy: Long term fiscal impact of ETS will be in Budget
21 May 2008
EXCLUSIVE: Finance Minister Michael Cullen has told Carbon News he will reveal Treasury’s long-term fiscal projections for the emissions trading scheme in tomorrow’s Budget.

Smith: Labour needs to come clean on multi-billion dollar ETS windfall profits
21 May 2008
National yesterday again challenged the Government to release the official papers that reveal just how much the Government is set to profit from the emissions trading scheme, saying it is "apalled" it has been denied leave to table official documents in Parliament.

NZ MARKET REPORT: Prices edge up on back of rocketing oil
21 May 2008
The carbon market edged higher today on the back of a rocketing oil price and overall the outlook for carbon is bullish, according to carbon broker OMFinancial.
Deforestation Risk Overstated
21 May 2008
Fears that a temporary delay in the passage of the Climate Change (Emissions Trading and Renewable Preference) Bill could lead to significant deforestation are unfounded, according to the Flexible Land Use Alliance.
Top climate change academics shun National's bid to delay ETS
21 May 2008
An academic group from Victoria University's Institute of Policy Studies has come out publicly with "several arguments" why the legislation should not be deferred.

Mallard cites sustainability in potential $200m fashion market.
21 May 2008
Environment Minister Trevor Mallard says Government initiatives and regulatory drivers, like the Emissions Trading Scheme and the New Zealand Energy Strategy, and changing consumer behaviour mean that New Zealand businesses do need to “get real” and become sustainable.

US' biggest coal burning power firm to turn cow dung into carbon credits
21 May 2008
The American Electric Power company is going to trap methane from cow manure in a bid to earn emission credits.

EMA applauds plan to "pause" ETS
21 May 2008
The Employers and Manufacturers Association Northern supports the need for New Zealand to have a robust policy to combat man-made contributions to greenhouse gases.

ETS delay will cost taxpayers money, says trader
20 May 2008
Carbon trading house OM Financial is warning that delaying the introduction of New Zealand’s emissions trading scheme will cost taxpayers money.

Fed Farmers pushes to have soil carbon sequestration included in ETS
20 May 2008
Federated Farmers is calling for a greater push toward getting soil recognised as a legitimate method of storing greenhouse gases, saying that it would be a boon to farmers struggling to deal with emission from animals.
Who pays for climate change?
20 May 2008
OPINION: New Zealand Centre for Political Research.- Last week the Parliamentary Commissioner for the Environment came out in support of the Government's Emissions Trading Bill as the gateway to a 'carbon-constrained future':

Let’s cool it, says Key, and sends ETS into a spin
19 May 2008
The National Party has kicked the emissions trading scheme into touch, saying it won’t support the bill in its present form and wants to delay passing it until after the election.

Worried farmers: We want to be part of the ETS
19 May 2008
Farmers want to do their bit and be part of the emissions trading scheme, says Federated Farmers president Charlie Pedersen.

Nats could be punished, say environment groups
19 May 2008
Environment groups are warning the National Party that it could be punished at the ballot box for failing to take decisive action on climate change.

Kyoto carbon trade hits one million tonnes a day
19 May 2008
The European Climate Exchange says its futures trade in carbon emissions credits from developing countries based on a UN scheme has hit a million tonnes a day after launching the contracts in March.

Trading in the dark is no place for the nervous
19 May 2008
Carbon may well be the world’s fastest growing traded commodity, and will one day be the biggest, but right now it’s no place for the faint-hearted, as the ever-growing ranks of carbon traders are finding.