Topics tagged with 'Emissions trading'
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.
ETS will trim Kyoto bill $909 million, pushes Key further out on policy tightrope
16 May 2008
The emissions trading scheme will avoid a 15 to 50 million tonne rise in emissions between 2008 and 2012, Climate Change Issues Minister David Parker has told Parliament, in what appears to a ground preparing statement ahead of National leader John Key’s ETS policy announcement this Sunday.
Expert tells businesses: Wake up, it’s happening now
16 May 2008
New Zealand businesses that fail to act now on carbon face a real risk of losing market share, with many already feeling the financial impact of the new way of doing business, says PWC partner Julia Hoare.
The Global carbon trading market takes flight
16 May 2008
Paul Ezekiel travels regularly from his Manhattan office to emerging markets like China and Brazil, prospecting for clean energy projects.
Emissions trading scheme must proceed
16 May 2008
The Emissions Trading Scheme must proceed, as it is an essential system for New Zealand to adjust to a carbon-constrained future and live up to our clean green image, says Dr Jan Wright, Parliamentary Commissioner for the Environment.
At last, Nats to tell us where they stand on the ETS
15 May 2008
National will break its silence on Sunday on where it stands on the Government’s emissions trading scheme.
Bluffing over aluminium: EU says post-2012 ETS impact may be 'negligible'
15 May 2008
While Rio Tinto talks of its Bluff aluminium smelter being put on a path to closure by the proposed emissions trading scheme, the European Union says the effects of including the sector in its scheme “may well be negligible” once a new post-Kyoto international agreement is in place.
Angry Greens ask Government: Is it us or them?
14 May 2008
The Government is in the firing line from both National and the Greens over its performance on the emissions trading scheme.
Fletcher role revealed, Government extends credit assistance further than sought
14 May 2008
The advice from Fletcher Building which helped persuade Government to make a further $1.3 billion in emission credit concessions to heavy emitters is revealed in an appendix to the interim report of the select committee considering the emissions trading bill.
Select committee probing fate of refrigeration gases in ETS
14 May 2008
The select committee considering the emissions trading bill is looking into “significant issues” including how to treat synthetic greenhouse gases.
Big landowners take centre stage at ETS hearings
14 May 2008
Some of New Zealand’s biggest land owners today will put their argument to Parliament’s finance and expenditure select committee for more flexibility under the emissions trading bill.
Australia signs $2.3b cheque for climate change action
14 May 2008
Australia is to spend $2.3 billion on a climate-change strategy, including $68 million for a domestic emissions trading scheme and $21.8m on the establishment of a Department of Climate Change.
NZ MARKET REPORT: CER price closes 11 euro cents up
14 May 2008
Divergence was the order of the day in the carbon market as CERs rose strongly again on fears of a projected CER shortfall from CDM projects whilst EUAs gave up ground in the face of firmer coal prices and flat gas and power prices
Select Committee interim report on emissions trading bill
14 May 2008
The Finance and Expenditure Select Committee has issued an 18-page interim report on the Climate Change (Emissions Trading and Renewable Prefernece) bill.
Rio Tinto joins 'capital strike' game, says union leader
13 May 2008
Rio Tinto’s threat to close the Tiwai Point aluminium smelter is the latest move in a “capital strike” campaign by heavy greenhouse-gas emitters to get their own way over the emissions trading scheme, says EPMU national secretary Andrew Little.
Smelter submission actually supports ETS, makes special pleadings
13 May 2008
ANALYSIS. - The operator of New Zealand’s only aluminium smelter supports New Zealand’s desire to introduce an emissions trading scheme.
Forest owners tell ETS body: Our burden is unfair
13 May 2008
The forestry industry’s displeasure at being the only sector left in the early stages of the emissions trading scheme reached Parliament yesterday.
Little point in NZ carbon trading currency, says business group
13 May 2008
A second major business group is suggesting that New Zealand should be using international carbon instruments instead of creating its own currency.
NZ MARKET REPORT: Emission prices rise again on back of oil, gas
13 May 2008
Carbon prices rose again yesterday as initial strength in oil and gas prices impacted right across the board albeit on light volume, according to OMFinancial's market report..
Business decision makers back emissions trading
13 May 2008
Six out of 10 business people agree with the Government’s policy to introduce an emissions trading scheme.
Parker: Clean green energy important to Rio Tinto
13 May 2008
The Labour-led government has already moved to address concerns over the Emissions Trading Scheme legislation raised by Rio Tinto at select committee, Climate Change Minister David Parker said.
The Business Roundtable writes
13 May 2008
References to the Business Roundtable in your editorial of April 29, 2008 were drawn to my attention.
Dairy operator eyes $75m loss without forestry offset scheme
12 May 2008
The emissions trading scheme could cost the owners of one of New Zealand’s biggest dairy conversions $75 million and see prime pastoral farmland remain locked-up in plantation forest unless a forestry offset scheme is introduced.
Nats deny any ETS deal with Government
12 May 2008
National is denying reports that it is gearing up to do a deal with Labour over the emission trading scheme, and the Government isn’t commenting.
NZ emitters urged to hedge rising carbon price and falling NZ dollar
12 May 2008
The carbon market firmed right across the board on Friday as rocketing oil prices impacted on the entire energy complex.
Most Kiwis believe big emitters running the climate change show
12 May 2008
Most New Zealanders think that big greenhouse-gas emitters are calling the shots on the country’s climate change policy, and a Labour-Green coalition is seen as the best combination to manage change, according to a new poll.
Can National really make the tough calls on climate change?
12 May 2008
ANALYSIS – National may be showing it really doesn’t want to act on climate change.
Experts warn Aussie ETS will cost motorists 10c a litre
12 May 2008
An emissions trading scheme in Australia is likely to increase petrol prices by about 10 cents a litre, energy experts predict.
Canada could hook into Europe carbon trading system
12 May 2008
Canada has its eyes on a possible hookup with the European Union’s carbon trading system as it crafts its own mechanism for exchanging emissions credits.
Big players flood Europe's cap-and-trade-emissions market
12 May 2008
The success of Europe's thriving market in trading carbon emission credits highlights a major area of innovation there -- and a rare instance where making money and helping the planet go hand in hand.
Falling dollar, weakening CDM hurt NZ carbon investors
9 May 2008
New Zealand’s international carbon investors took a double whammy yesterday, with a falling dollar driving up the local cost of carbon, and news of a weakening international Carbon Development Mechanism (CDM) market.
New poll: Kiwis like ETS delays but want heavy emitters to pay now
9 May 2008
New Zealanders approve of the Government’s billion-dollar decision to delay bringing transport into the emissions trading scheme – but think that heavy emitters should be facing the cost of their emissions now.
Transport delay seen as threat to carbon currency
9 May 2008
The viability of the proposed New Zealand carbon currency, NZU, is threatened by the Government’s decision to delay bringing transport into the emissions trading scheme for another two years, says the Sustainability Council.
Government disputes $80b 'carbon tax' windfall claim
9 May 2008
The Government is disputing a suggestion by Solid Energy chief Don Elder that it could stand to make $80 billion from New Zealand’s emissions trading scheme.
ANALYSIS: Will Don Elder today spell out his dream for New Zealand?
9 May 2008
What did Don Elder hope to achieve by assuming a carbon price of $200 per tonne and almost nil-emissions reduction – to produce a result showing the Government could make a surplus of up to $80 billion from its emissions trading scheme?
Brits clash with Europe over carbon permit revenue
9 May 2008
The British Government is on course for an embarrassing showdown with the European Union, business groups and environmental charities after refusing to guarantee that billions of pounds of revenue it stands to earn from carbon-permit trading will be spent on combating climate change.
EXCLUSIVE: Top Fletcher officers played key role in ETS policy switch
8 May 2008
Highly reliable sources have told Carbon News that two senior Fletcher Building executives, Jonathan Ling and Hans Buwalda, were the key players in successfully lobbying Climate Change Minister David Parker for major changes to the emissions trading scheme, announced on Tuesday.
NZX chief: Here's our big chance to impress the Americans
8 May 2008
New Zealand has a chance to build a strong relationship with the United States over greenhouse-gas emissions trading by being the first country to bring agriculture and forestry into the scheme, says NZX chief Mark Weldon.
Big players put cases to ETS select committee
8 May 2008
The select committee hearing submissions on the emissions trading bill is in for an interesting day today, with energy producers, users and lobbyists lining up to make submissions.
New World Bank Report : Carbon market value doubles to US$64b in a year
8 May 2008
The global carbon market grew to a whopping US$64 billion (€47 billion) in 2007, more than doubling over 2006, according to a new report from the World Bank releaed overnight.
Changes to Kyoto last straw for forest owners
8 May 2008
Recent changes to the government's emission trading scheme mean forestry will be the only sector in the NZ economy meeting its Kyoto obligations until 2011, says the Nz Forest Owners Association in a statement.
EPA experts cast doubts on greenhouse gas emissions trading
8 May 2008
The principal plans Congress is considering to combat global warming may not work as intended, according to an open letter from US Environmental Protection Agency specialists posted today by Public Employees for Environmental Responsibility (PEER).
MARKET REPORT: Oil drives across-the-board carbon price rise
8 May 2008
Continued strength in oil prices saw carbon prices strengthen right across the board yesterday, according to New Zealand broker OMFinancial.
Emissions trading bill still needs work
8 May 2008
The government’s announcement that liquid fuels are not to enter the emissions trading scheme until 2011 and that free allocation of NZU’s to trade exposed industry is not to be phased out until 2018 are a good start, but the scheme still needs work, according to the Greenhouse Policy Coalition.
Greenpeace: Don't subsidise polluting industries
8 May 2008
Don't subsidise polluting industries at the expense of ordinary New Zealanders and the planet.
Government confused over transport – Sustainable Energy Forum
8 May 2008
The Government doesn’t know which way to jump on transport, says Tim Jones, convenor of the Sustainable Energy Forum.
Farm-level emissions cuts possible, but almost everything stands in the way
18 Dec 2025
By Shannon Morris-Williams | Progress to slash farming emissions is being blocked by limited farmer confidence in mitigation tools, inconsistent engagement, misinformation and a lack of clear policy signals, according to a new report.
State-owned farmer drives profit growth with emissions reductions
19 Dec 2025
By Pattrick Smellie | Government-owned Landcorp, trading as Pāmu, is one-third of the way to meeting its 2031 emissions reduction targets, with five years left to run to cut greenhouse gas emissions by 30.3% against 2021 emissions.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
‘Cali Fund’ aiming to raise billions for nature receives first donation – of just $1,000
16 Dec 2025
A major biodiversity fund – which could, in theory, generate billions of dollars annually for conservation – received its first donation of just $1,000 in November.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
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.
Seven quiet wins for climate and nature in 2025
19 Dec 2025
This year's environmental backdrop is familiar: emissions are rising and nature is continuing to decline. But there have nevertheless been bright spots in 2025.
Govt unveils plans for carbon storage regulations – and ETS rewards
18 Dec 2025
By Liz Kivi | The Government has released plans to regulate carbon capture and storage in natural geological formations, which include Emissions Trading Scheme incentives, with the aim of introducing related legislation in 2026.
Global coal demand hit record high this year but is set to decline by 2030
18 Dec 2025
Global coal demand reached a record high in 2025 but is expected to decline by 2030 as renewables, nuclear power and abundant natural gas squeeze its dominance in power generation.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
RMA’s successors hinge on two untested bets
17 Dec 2025
Two ideas sit at the heart of the Government’s replacement for the Resource Management Act: regulatory relief and spatial planning.
India at COP30: A mismatch between grandstanding and climate action
11 Dec 2025
Despite India’s attempt to anoint itself as the leader of the developing world, at the COP30 summit, New Delhi’s track record remains contradictory.
NZ hydrogen regulation to catch up with the world
18 Dec 2025
By Pattrick Smellie | The government has announced a regulatory reset for New Zealand’s emerging clean tech hydrogen sector.
DOC trims costs and winds down jobs for nature
10 Nov 2025
The Department of Conservation (DOC) is entering a new phase of tighter budgets and structural change as it winds down the pandemic-era Jobs for Nature programme and reshapes its operations to absorb long-term cost pressures.
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.
Transport dominates NZ’s rising consumer emissions
10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
Hydrogen emissions are ‘supercharging’ the warming impact of methane
19 Dec 2025
The warming impact of hydrogen has been “overlooked” in projections of climate change, according to authors of the latest “global hydrogen budget”.
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.”
Westpac NZ announces partnership to form Blue Economy hub in Nelson
17 Dec 2025
Media release | Westpac NZ has announced a new three-year partnership with the Nelson Regional Development Agency and Kernohan Engineering to help accelerate the development of a sustainable marine economy – also known as the blue economy.
NZ ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister
12 Dec 2025
By Liz Kivi | Vanuatu’s Climate Change Minister, Ralph Regenvanu, says New Zealand restarting fossil fuel exploration and subsidies is an obvious breach of international law, exposing the country to international and domestic litigation.
Govt slammed for weakening methane target
15 Dec 2025
By Shannon Morris-Williams The Government has pushed through legislation under urgency to almost halve New Zealand’s 2050 methane target – a move Opposition parties say disregards scientific advice, breaks the country’s hard-won political consensus on climate action, and shifts the burden of higher warming and higher future costs onto the next generation.
COP30 microcosm of difficult geopolitics, says Vanuatu's Climate Minister
15 Dec 2025
By Liz Kivi | Despite ‘intransigent’ states blocking multilateralism and a disappointing official outcome, Vanuatu’s Climate Change Minister Ralph Regenvanu says he left the COP30 climate summit feeling more positive than after previous UN climate conferences.
Hiringa eyes green methanol plant near Whanganui
29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
Insurers welcome govt decision to keep NHC levy unchanged
21 Nov 2025
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
Three Greenpeace activists removed by police from Fonterra
17 Dec 2025
Media release | Three Greenpeace activists were removed by police from Fonterra’s downtown Auckland offices, following a protest on Monday at the Shareholders’ Fund meeting over the corporation’s role in the contamination of rural communities’ drinking water.
Oil and gas majors would create $78bn more value by stopping exploration
11 Dec 2025
Media release | Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development, according to new analysis released today by ACCR.
Wetlands and biodiversity at risk as mining rules loosen: Greenpeace
19 Dec 2025
By Shannon Morris-Williams | Greenpeace says Government changes to national direction instruments under the RMA paves the way for mining in wetlands and biodiversity hotspots and will expose some of Aotearoa’s most fragile ecosystems to irreversible damage.
NZ could become ‘dumping ground’ for dirty vehicles: Commissioner
16 Dec 2025
By Liz Kivi | Simon Upton, Parliamentary Commissioner for the Environment, has warned the Government that its changes to the clean car standard could turn the country into a dumping ground for high emitting cars, making future emissions budgets harder to achieve.
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.
Offshore windfarms enhance function of coastal waters and diversity of aquatic life
19 Dec 2025
Media release | A study conducted by researchers from Murdoch University in Australia and Dalian Ocean University in China has found that offshore windfarms can improve marine ecosystems and diversify aquatic food chains.
‘A shift no country can ignore’: where global emissions stand, 10 years after the Paris climate agreement
16 Dec 2025
The watershed summit in 2015 was far from perfect, but its impact so far has been significant and measurable.
Govt consulting on Pacific Resilience Facility
12 Dec 2025
The Foreign Affairs, Defence and Trade Committee is calling for submissions on its international treaty examination of the Agreement to Establish the Pacific Resilience Facility.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
KiwiRail pauses coal trains amid rising climate protests
9 Dec 2025
By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.
Straterra has a new name: the New Zealand Minerals Council
16 Apr 2025
Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.
Could tidal energy one day power NZ?
18 Dec 2025
By Shannon Morris-Williams | New research suggests Aotearoa holds some of the world’s strongest tidal-stream energy potential – enough to generate up to 93% of today’s electricity use – but one expert cautions that extracting energy at such a scale could have significant impacts and remains highly uncertain.
NZ could lose nearly all glaciers this century without stronger climate action
16 Dec 2025
New Zealand could see 97% of its glaciers vanish by 2100, with new international modelling projecting a rapid acceleration in glacier extinction from the 2030s onward – even under lower-warming scenarios.
Solar households to get little-noticed tax break
23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
The surprisingly convincing case against cars
19 Dec 2025
Life After Cars dares to imagine how different, and enriching, a car-free world could be.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
Heatwaves, downpours and droughts – Auckland on track for more extreme weather
1 Dec 2025
By Shannon Morris-Williams | New projections show Auckland will face more heatwaves, heavier downpours, worsening droughts and growing coastal threats as climate extremes intensify, according to a new report from Earth Sciences New Zealand.
NZ just had its hottest spring in at least 116 years
10 Dec 2025
By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.
Media round-up
12 Dec 2025
In our round-up of climate coverage in local media: Another offshore wind firm exits New Zealand over a clash with seabed mining; Fonterra falls behind on its climate goals as farm emissions remain flat; and the businesses trapped by the gas 'death spiral'.
