Topics tagged with 'Emissions trading'

Anxious Aussie farmers ‘in a twilight zone’
7 May 2008
Australian agriculture is heavily on the back foot as it tries to deal with the immediacy of the Rudd Government's move towards a national emissions trading scheme.

Asia's disappearing rainforests ‘an appalling crisis’
7 May 2008
The wanton destruction of Asia's rainforests is “one of the worst crises since we came out of our caves 10,000 years ago,” foresters have been told at an international meeting in Hanoi.

Heavy-emitters should buy now, says carbon trader
6 May 2008
New Zealand’s top 200 greenhouse-gas heavy emitters should be buying carbon credits now to protect against likely price rises as the emission trading scheme starts to kick in, says a leading leading carbon trader.

Unions, company worried about ETs-induced job losses at steel mill
6 May 2008
Unions say they are concerned about the potential impact of the emissions trading scheme on the Glenbrook Steel mill, and say that the potential impact on jobs and manufacturing capacity needs to be considered.

ETS hearings hit Auckland
6 May 2008
Hearings into the proposed emissions trading scheme move to Auckland tomorrow, with Air New Zealand, Greenpeace, Fletcher Building, the Maori Council and New Zealand Steel among those lining up to tell the politicians what they think if it.
Overnight prices indicate real Kyoto bill more than $1.5 billion?
6 May 2008
New Zealand’s true Kyoto liability might be closer to $1.5 billion, based on current emission credit prices.

EUAs trade averages 9.4 million a day and follows direction set by record coal price
6 May 2008
A daily average 9.4million EUAs traded through brokers and exchanges last week, according to Fortis bank's weekly international market analysis.

UN confident world can reach climate change pact in time
6 May 2008
Without a deal to cap greenhouse gas emissions around 2015, then halve them by 2050, the world will face ever more droughts, heatwaves, floods and rising seas, according to the United Nations.

ETS threatens viability of $400m plant, says cement maker
5 May 2008
The emissions trading scheme threatens the viability of a planned $US400 million cement plant which would actually reduce overall greenhouse-gas emissions, warns cement manufacturer Holcim New Zealand.
Nation’s biggest newspaper comes out for Forum advice on emissions trading scheme
5 May 2008
ANALYSIS: The New Zealand Herald today came out in support for the emissions trading scheme course advocated in advice to the Government last week by the powerful Climate Change Leadership Forum.

Aussie big boys scramble for carbon trading exemptions
5 May 2008
MAJOR Australian companies and industry bodies are pushing to be made exempt from the impact of a national carbon emissions trading scheme, claiming they will be hurt by cheap imports or lose out in export markets.

'Enemies' unite in plea for leadership on climate change
2 May 2008
Two lobbyists usually found on opposite sides came together last night in a call for national leadership, co-operation and unity on climate change for the sake of all New Zealanders.
NZ MARKET: Broker OMF recommends emitters sell put options
2 May 2008
Broker OMFinancial is recommending New Zealand emitters currently consider selling put options.

Tokyo carbon market raises prospect of round-the-clock trading
2 May 2008
The reputation of carbon credits as tradable commodity could take a major leap forward if the Tokyo Stock Exchange presses ahead with plans to create Japan's first greenhouse gas emissions trading market next year.

State gives $120m to find way to cut coal gas emissions
2 May 2008
The Victorian Government will give more than $120 million to Australia’s coal-fired power industry for measures aimed at reducing greenhouse gas emissions.
Climate Change Leadership Forum policy statement process
2 May 2008
Business NZ is perfectly entitled to disassociate itself from the Climate Change Leadership Forum's 10 point policy advice to Ministers on the Emissions trading scheme, released on April 28, the forum said in a statement yesterday.

NZIER sets cat among political pigeons
1 May 2008
Two days after being revealed exclusively by Carbon News, the New Zealand Institute of Economic Research’s (NZIER’s) report into the costs of the Government’s planned emissions trading scheme (ETS) is sending shock-waves through Parliament.

Emissions-trading impacts on regional agenda
1 May 2008
Worried regional leaders gathering in Wellington tonight will discuss a report that predicts some far-flung regions will be hardest hit by the emissions trading scheme.
Cheaper for government to pick up greenhouse-gas tab
1 May 2008
A private research company says that it would be cheaper to have the Government paying for greenhouse-gas emissions than using an emissions trading scheme.

NZIER refuses to disclose who is paying for its ETS report
1 May 2008
The NZIER will not say who is funding its latest report on the possible impacts of the emissions trading scheme.

ETS impact ‘like a major war’ – Act leader Hide
1 May 2008
The Government’s emissions trading scheme (ETS) will have the economic impact of a major war, according to Act Party leader Rodney Hide.
ANALYSIS: What you are not hearing from the NZIER and heavy emitters
1 May 2008
The NZIER appears to expect a New Zealand Government to carry on regardless with an all-sectors, all-gases emissions trading scheme for 17 years – if the rest of the country’s competitors do not.
Parker: Emissions trading 'effective and affordable'
1 May 2008
A summary of economic modelling shows emissions trading is an effective approach to reducing New Zealand’s greenhouse gas emissions in the long term, Climate Change Minister David Parker says.
Political realities mean emissions scheme phase in slower than desirable
1 May 2008
The political reality of having all sectors included in an emissions trading scheme means some major emitters will start paying for their greenhouse gas emissions later than is desirable in a perfect world.
Government's plan to reduce emissions will hurt economy - NZIER
1 May 2008
The Government’s proposed Emissions Trading Scheme, intended to ensure New Zealand plays its part in helping reduce global emissions of greenhouse gases, is likely to hurt the economy more than necessary, says a report issued today by the New Zealand Institute of Economic Research (Inc).

Agroforestry the best bet, say Aussies
1 May 2008
Agroforestry and reforestation are the best option for providing carbon offsets in the initial phase of an emissions trading system, according to Australian researchers.

NEW REPORT: 'households, road users and SMEs' carry multi-billion ETS bill
30 Apr 2008
All sectors of the economy should come into the emissions trading scheme at the same time to avoid the “huge transfer of wealth” that will be the result of the proposed scheme, says the New Zealand Sustainability Council in a report out today.

Lines companies can’t duck thermal ban - Parker
30 Apr 2008
Lines companies will not be able to buck the Government’s ban on new thermal power generation despite the Electricity Industry Reform Amendment Bill (EIRA) seeming to give them that option, Climate Change Minister David Parker has told Carbon News.
Minister reveals emissions trading scheme to cut emissions by 11%
30 Apr 2008
Climate Change Minister David Parker this morning revealed the Government expects its emissions trading scheme to cut emissions by 11% by 2012.

Tread carefully with jobs, say unions
30 Apr 2008
Unions are calling for a managed labour-market transition to carbon charging to avoid widespread job losses and pay cuts.

ETS will lead to more forests and cleaner air and water
30 Apr 2008
New Zealand’s emissions-trading and other climate-change laws will lead to more forests, better air and water quality and a slowing of damaging farming and fishing practices, but could also lead to increased pressure on the environment and some initial impacts on human health, according to new advice to the Government.

Poor households’ carbon bill: It’s all about location
30 Apr 2008
The location of poor households in Australia will be an important factor in how much a price on carbon emissions eats into their household budgets with the introduction of an emissions trading scheme, says research released by the Brotherhood of St Laurence.
Fine-tuning of emissions trading policies recommended
30 Apr 2008
The Government is being advised to strengthen measures to enhance energy efficiency and provide clear national guidelines to protect natural resources from potential degradation as it moves to address the country's greenhouse gas emissions.

Green Party wants commonsense emissions trading policies
30 Apr 2008
Green Party Co-Leader Jeanette Fitzsimons welcomes the release of the Cawthron Institute's environmental assessement of the emissions trading policy.

Leaked report says ETS will cost jobs, cut wages
29 Apr 2008
Wage cuts of $2.30 an hour, 22,000 lost jobs and a cost of households of up to $5000 a year are among the predictions contained in a report into the economic impact of the emissions trading scheme, Carbon News has learnt.

High-powered leadership group endorses emissions trading scheme
29 Apr 2008
A high-powered group of business and community leaders has endorsed the concept of an emissions-trading scheme in New Zealand as a way of managing and reducing greenhouse gas emissions, saying the impact on the economy will be minimal.

ANALYSIS: At last commonsense leadership on the ETS is heard above vested interest
29 Apr 2008
Did we last night see an agreed whole-of-New Zealand view emerge on the emissions trading scheme?
Climate Change Leadership Forum backs emissions trading scheme
29 Apr 2008
The Climate Change Leadership Forum, including 34 business and other sector leaders, has issued 10 key points of policy advice made so far to the Government and Finance and Expenditure Select Committee on the proposed emissions trading scheme (ETS).
EMA: "Carbon trade proposals could destroy economy"
29 Apr 2008
For common sense to prevail the Employers and Manufacturers Association (Northern) is urging our law makers to think long and hard about the effects of the Climate Change (Emissions Trading and Renewable Preference) Bill.

Greens cool down on coal, but still hot on emissions
24 Apr 2008
The Green Party says that closing down the coal industry will not be a bottom-line issue in post-election coalition talks - but genuine measures to cut greenhouse gas emissions will be.

ACT leader dismisses ETS legislation as ‘a rort’
24 Apr 2008
The emissions trading scheme (ETS) is just a government money-making rort, according to ACT Party leader Rodney Hide – and his party members agree.

UN watchdog bans ‘shamed’ Greeks from carbon trading
24 Apr 2008
Greece has become the first country to be suspended by a UN watchdog body from trading carbon credits under the Kyoto Protocol.

India’s eager money men study $6b carbon trading market
24 Apr 2008
Financial houses in India are excited by the news that the local market for carbon credits has been estimated at $6 billion over four years.

Carbon storage in soil being researched: Major benefits possible for landowners
23 Apr 2008
A new move to store carbon in New Zealand soil is being formally researched and could be worth hundreds of millions to New Zealand farmers and other landowners.

Green Party pledges to shut Huntly, hobble coal industry
23 Apr 2008
The Green Party is threatening to end thermal coal exports and close the Huntly coal-fired power stations.

ANALYSIS: Potential political fall out from Green’s shock coal policy
23 Apr 2008
The Greens are viewed by many New Zealanders as “extreme” and offering policies which are too restrictive.

UK expert says NZ policy "a brave experiment", warns world not moving fast enough
23 Apr 2008
One of the UK’s leading climate change commentators calls New Zealand’s decision to include agriculture and forest sinks in its emissions trading regime “a brave experiment”.

Small-forest scheme open for business
23 Apr 2008
Applications are now open for the Government's new Afforestation Grant Scheme aimed at getting more trees planted on farms as part of New Zealand's effort to reduce greenhouse gases in the atmosphere.

Farmer leader says carbon price restrictions will restrict food production growth
23 Apr 2008
Federated Farmers president Charlie Pedersen says New Zealand farmers are concerned about their ability to farm in a sensible and sustainable way.
Parker: No emissions credits for new renewable power plant developers
22 Apr 2008
Climate Change Minister David Parker says those building new renewable power stations won’t be rewarded with extra carbon credits under the proposed emissions trading scheme (ETS).