Topics tagged with 'Emissions trading'
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.
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.
Politicians need to ‘get over themselves’ to reduce emissions
Fri 24 Jul 2026
New Zealand needs to face up to two big areas of climate emissions: transport and agriculture, says climate policy expert Bronwyn Hayward.
Greens promise to take forestry out of the ETS
Mon 27 Jul 2026
The Green Party launched its election manifesto at its AGM yesterday, promising action to reduce climate pollution and boost resilience, with an emphasis on Emissions Trading Scheme reform.
$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.
Media round-up
9 Jul 2026
In our round-up of climate coverage in local media: The Government re-wrote fast-track law after mining companies pushed for change; costs from inland flooding are expected to rise by up to 53% by 2075; and is there such a thing as a sustainable tourist?
National deer management strategy urgently needed to halt 'catastrophe' for native forests
Mon 27 Jul 2026
Scientists are calling for an urgent national deer management strategy, with deer numbers now at unsustainable levels and decimating native forests.
Biomass can free-up electrons to perform higher value roles – with multiple other benefits
Fri 24 Jul 2026
By Rob Mallinson | OPINION: New Zealand’s energy debate too often treats electricity as the universal solution.
Govt signs NZ up for carbon credit co-operation with Philippines
Today 12:00pm
By Liz Kivi | New Zealand has signed an agreement with the Philippines to establish a framework for Paris Agreement co-operation allowing offshore mitigation, including on Article 6 credits – despite the Coalition Government repeatedly telling the voting public they wouldn’t send “billions overseas”.
European wildfires may not be out for months, authorities warn, as flames rage near Bordeaux and Madrid
Today 12:00pm
President Macron said France's wildfire situation is toughest since WWII as higher temperatures loom again this week.
Red Stag boss questions $60m cement support as timber ETS reforms stall
Thu 23 Jul 2026
By Oli Lewis | The Government has granted $60 million to an emissions-intensive industry while dragging its feet on a proposal to allow firms making harvested wood products to earn carbon credits in the Emissions Trading Scheme, an industry leader says.
Coal is back in Australian Super’s portfolio. What happened to that net zero pledge?
13 Jul 2026
In 2020 Australia’s biggest super fund dumped its Whitehaven shares. Fast forward to 2026 and it is now the coalminer’s single biggest investor.
Politicians need to lead on climate: Carr
30 Jun 2026
As the election campaign heats up, former Climate Change Commission chair Rod Carr has a list of actions he's hoping to see from our aspiring leaders, which includes confronting climate denial as well as refusing funds or policy advice from vested interests.
EMA pushes for steady hand on energy and regulation
13 Jul 2026
By Shannon Morris-Williams | The Employers and Manufacturers Association wants the next government to commit to a long-term energy plan and allow faster investment in renewable generation, at the same time as slowing the pace of policy change and providing businesses with greater certainty.
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.
Greens want one-year pause on AI datacentres
Today 12:00pm
By Shannon Morris-Williams | Datacentre opponents have welcomed the Greens' call to press pause on new operations, while others say the energy-hungry facilities will bring jobs to the regions.
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.
Every new UK home should have air conditioning, say Liberal Democrats
Today 12:00pm
All new UK homes should be built with air conditioning to cope with the effects of the climate crisis, according to the Liberal Democrats.
Tarakihi on verge of extinction: Stock collapse exposes major fisheries management failings
3 Jul 2026
Media release: Environmental Defence Society | Fisheries NZ is consulting on new sustainability measures for the country’s two tarakihi stocks.
Media round-up
Fri 24 Jul 2026
In our round-up of climate coverage in local media: Labour leader Chris Hipkins floats the idea of a carbon border tax; two-way charging between the garage and the grid will slash power bills; and cost isn't everything when it comes to rooftop solar.
West Africa signs off $25bn mega gas-pipeline plan
Wed 22 Jul 2026
One of Africa's most ambitious energy infrastructure projects has finally been signed off at the highest level, with West African leaders formally endorsing the long-awaited Nigeria-Morocco Atlantic Gas Pipeline.
$3m Govt boost for Tauranga geothermal energy
14 Jul 2026
By Liz Kivi | Resources Minister Shane Jones has announced a $3 million grant for the Gas to Geoheat Tauranga Geothermal System Project as part of the Government's plan to double geothermal energy by 2040.
Will new UK PM’s green measures at home cause climate finance pain overseas?
Thu 23 Jul 2026
Andy Burnham will cut bus fares and household electricity tax in a boost for UK climate action – but this will be funded partly by switching international climate finance from grants to loans.
The thriving coral reef that ‘defeated time’ in West Africa
Wed 22 Jul 2026
A 60-year mystery has been solved as researchers discover a coral ecosystem on the Benin-Togo continental shelf that is still teeming with marine life.
‘Master class in greenwash’ as Ottawa unveils CCS deal
20 Jul 2026
A multi-billion-dollar plan to transport and store greenhouse gas emissions from Canada’s emissions-intensive oil sands has received a major boost, even though the highly-touted deal between Ottawa, Alberta, and the five oil major sands companies will only capture a tiny fraction of the oil sands’ climate pollution.
Contact: New biodiversity goal may be 'highly problematic' for renewable projects
Fri 24 Jul 2026
By Oli Lewis | The goal of no net loss of indigenous biodiversity in the new resource management system may be highly problematic for renewable energy developments, Contact Energy says.
Groundbreaking steel startup cuts production time while slashing emissions
Mon 27 Jul 2026
Startup CullBeck has raised a record $20 million to commercialise its new ironmaking technology, which replaces coal with hydrogen to eliminate carbon emissions from one of the world's most emissions-intensive industries.
Climate change keeps adding to the list of uninsurable assets, Allianz executive says
Fri 24 Jul 2026
Extreme weather events — such as the heat wave that just hit Europe — are making more and more assets too risky to insure, according to a director at Europe’s largest primary insurer.
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.
TotalEnergies to appeal French court decision ordering it to adapt its business to climate change
Today 12:00pm
French oil major TotalEnergies (TTEF.PA), opens new tab will appeal a Paris court decision ordering it to bring its business in line with climate change goals.
NZ at risk of missing all its climate goals: Commission
Wed 22 Jul 2026
By Liz Kivi | Aotearoa New Zealand’s rate of emissions reduction needs to more than double, with progress stalling since 2024 after the Coalition Government took power, according to the latest report from the Climate Change Commission.
Planetary Facts dashboard aims to make environmental costs visible
15 Jul 2026
By Shannon Morris-Williams | Consumers can now compare the environmental impacts of everyday products with a new online dashboard designed to do for sustainability what nutrition labels have long done for food.
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.
UN chief says fossil fuel industry must cut methane for warming “relief”
25 Jun 2026
UN chief António Guterres called for stronger action to cut emissions of planet-heating methane, taking aim at the fossil fuel industry’s practices and profits, and pointing to coal, oil and gas as the root of today’s climate and energy crises.
What’s next for Sams Creek after failed mining bid?
15 Jul 2026
Max Frethey, Local Democracy Reporter | A controversial gold mining application at Sams Creek has been declined, leaving question marks hanging over the future of the land.
Govt should bin draft voluntary market assurance and start again – expert
Fri 24 Jul 2026
By Liz Kivi | The Government is consulting on its criteria for endorsing domestic nature and carbon markets, however market experts say the draft document falls short of what is needed to support trust in the market and stop low-integrity credits being sold.
European fish are adapting to climate change in unexpected ways
Today 12:00pm
As climate change reshapes marine habitats, scientists have discovered European fish aren’t just moving north to stay cool. Instead, they’re diving deeper into darker waters.
Panama Canal braces for El Niño, announcing first transit restrictions
Fri 24 Jul 2026
The probability of a severe El Nino has risen from 25% to 81% and the Panama Canal is preparing to restrict transits.
NZ First promises $1 billion for offshore oil and gas
20 Jul 2026
By Liz Kivi | New Zealand First wants to “drill baby drill,” and has made an election campaign promise of $1 billion to survey New Zealand’s offshore basins to extract oil and gas, in an announcement at the party’s campaign launch on Sunday.
‘I can’t work in the farce of climate change cruise tourism anymore’: why Antarctic guides quit their dream jobs
Wed 22 Jul 2026
“You’d see massive glacier calvings, and you’d just want to cry. But all the guests would be cheering. And you’d be like … ‘can you not put two and two together?’”
UN plastics pact talks restart amid fears production curbs will be left out
2 Jul 2026
Diplomats reconvene a year after negotiations collapsed, but campaigners fear the agenda risks burying tricky discussions on key elements.
Greens bill aims to keep supermarket food out of landfill
Mon 27 Jul 2026
By Shannon Morris-Williams | The Green Party has introduced a member's bill that would require New Zealand's largest supermarkets to donate edible surplus food to food rescue organisations instead of sending it to landfill, saying the move would reduce waste, cut emissions and help tackle food insecurity.
Northern Thai residents march for action on polluted rivers. ‘This is an emergency’
9 Jun 2026
More than 600 residents of Chiang Mai and Chiang Rai provinces embarked May 31 on a roughly 68-kilometer, six-day ‘peace walk’ to demand the Thai government take action on the river pollution crisis that has seen Thai rivers polluted with heavy metals.
Swarbrick slams $50m critical minerals funding as 'Trump's war machine' subsidy
7 Jul 2026
By Shannon Morris-Williams | The Green Party has criticised the Government's investment into two West Coast critical minerals projects, claiming the funding could ultimately support the United States defence industry rather than New Zealand's clean energy transition, while Shane Jones dismissed opponents as "flat earth idiots".
China solar exports to South, Southeast Asia and Africa rise despite post-rebate slump
Wed 22 Jul 2026
China's solar exports to Southeast and South Asia as well as Africa rose year-over-year in June, customs data showed on Monday, though overall solar exports slipped for a second month after China removed an export tax rebate.
Resource management Bills 'not yet ready to be enacted', says Upton
Wed 22 Jul 2026
By Oli Lewis | The two Bills to replace the Resource Management Act are not ready to be enacted and there is no way of knowing how they will affect the environment, the Parliamentary Commissioner for the Environment says.
Turning waste into climate-resilient soils for communities
Fri 24 Jul 2026
Media release: University of Canterbury | Christchurch’s Red Zone is being used as a test bed to see whether biological wastes (biowastes) can help transform contaminated soil into climate-resilient soil.
Green Party takes ‘electric election’ up a notch
21 Jul 2026
By Liz Kivi | The Green Party is promising to cut power bills and establish a publicly owned company, ‘Kiwipower,’ to deliver affordable renewable energy.
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.
Big tech joins big oil in ruining summer
20 Jul 2026
The industry has abandoned its climate pledges in favor of fossil fuel-powered AI data centers.
'Shocking' changes to RMA replacement further weakens environmental protections –EDS
21 Jul 2026
By Shannon Morris-Williams | The select committee's report back on bills to replace the Resource Management Act fails to address the Environmental Defence Society's "massive concerns" with the legislation.
How e-scooter company Lime cut its supply chain emissions
Fri 24 Jul 2026
The company’s latest sustainability report, shared exclusively with Heatmap, shows that carbon intensity per kilometer traveled has dropped 81% since 2019.
Experts call on Govt to withdraw ‘repugnant’ legislation to block climate lawsuits
13 Jul 2026
By Liz Kivi | Lawyers and climate policy experts are calling on the Government to withdraw legislation intended to block climate lawsuits, with an adaptation expert arguing that the legislation could worsen the insurance protection gap.
New funding round opens for Auckland zero waste projects – $500k available
Fri 24 Jul 2026
Media release | Auckland Council is inviting applications for the 2026 Waste Minimisation and Innovation Fund (WMIF) with $500,000 available to support projects that reduce waste and increase recycling and reuse to help achieve Auckland’s goal of zero waste by 2040.
Calls for stronger protection of drinking water sources
Today 12:00pm
A new report has highlighted growing risks to New Zealand's drinking water supplies, with Water New Zealand warning stronger protection of source water is needed as almost half of all drinking water consents come up for renewal over the next decade.
The dangerous climate driving California’s wildfires — and a warning for Australia
Today 12:00pm
California’s escalating fires reveal how heat, drought and wind are converging to create mega-blazes — and foreshadow similar risks for an El Niño–primed Australia.
Faster consenting, harder trade-offs
7 Jul 2026
Faster consenting is starting to produce results, but this week's decisions show speed has not removed the harder trade-offs around electricity security, conservation, ecology and climate liability.
