Topics tagged with 'Emissions trading'
No government plans for carbon import tariff – yet
9 Apr 2008
The Government has given an equivocal “No” to the possibility of imposing tariffs on imports from countries that don’t put a price on their greenhouse gas emissions.
New Zealand may attract premium on carbon deals
9 Apr 2008
New Zealand is generally viewed as a low-risk country, which will lead to a pricing premium for carbon deals.
NEW EVENTS: Carbon Trading, Sydney, 14 May
9 Apr 2008
Check our Events section for important meeting relating to the new carbon markets. With an Emissions Trading Scheme coming into force in less than 2 years, Australia is on countdown to Carbon Trading.
Tiny CER parcel heralds expansive future
8 Apr 2008
A parcel of just 20 gold-standard Certified Emissions Reduction (CER) units offered on auction site Trade Me last night has proven the efficiency of the United Nations International Transaction Log and the Swiss and New Zealand registries for local trader Carbon Market Solutions (CMS) of Hamilton.
BP executive warns emission market players to mitigate risk first
8 Apr 2008
Confusion surrounds New Zealand’s emissions trading scheme objective, BP spokesman Allan Gammon told last Friday’s carbon markets workshop in Wellington.
GreenAir Fund pitches for major new forestry emision unit business
8 Apr 2008
With new forestry in New Zealand eligible for NZUs (New Zealand carbon offset units) from January 1 this year, the Sydney-based GreenAir Fund is bidding for new business here by offering up-front funding to complete the qualification design and certification of a potential carbon credit project.
Holcim wants access to "hot-air" AAUs
7 Apr 2008
Big-emitting private companies, no less than the Government, should be allowed to source hot-air Assigned Amount Units (AAUs) from eastern Europe to meet their emissions trading scheme (ETS) liabilities, according to the energy and climate change group manager for cement manufacturer Holcim, Michael Rynne.
All but ACT voters back 10 year ban on new thermal generation
7 Apr 2008
New polling due out this morning shows 58% of New Zealanders back the Government’s proposed ban on building new baseload thermal power plants during the next 10 years.
UK Trade Minister: tariffs threat could gain momentum if market doesn’t work
7 Apr 2008
Britain’s Trade and Investment Minister, Lord Digby Jones, has told business executives in Auckland that if the market has not got carbon priced right by 2012, the calls to impose border taxes on goods from countries not paying for emissions could gain momentum.
Emissions specialist: manadatry rules needed on emissions calculations
7 Apr 2008
New Zealand’s emissions compliance processes need to be re-examined to see whether they are globally compatible, according to PriceWaterhouseCoopers’ emissions specialist consultant Julia Hoare.
NCDEX –launching developing world's first CER trading platform
7 Apr 2008
National Commodity and Derivatives Exchange Ltd, of India, will launch a futures contract for Certified Emission Reduction (CERs) on April 10.
ECX and EEX price trading histories
7 Apr 2008
A 2008 emission unit contract on the European Climate Exchange is historically trading at eu21.73, and US$5.20 on the Chicago Climate Exchange.
Energy users' Group: Consumers and business will pay $600m for ETS
7 Apr 2008
New Zealand consumers and businesses will pay nearly $600 million more in 2009 than their Australian counterparts because of the misalignment in timing of the New Zealand and Australian Emissions Trading Schemes, according to the Major Electricity Users’ Group (MEUG).
Carbon News discovers "book-and-claim" scheme answer to bio-fuels impasse
4 Apr 2008
A Dutch-style book-and-claim scheme might be the best way through the bio-fuels impasse in the emissions trading scheme (ETS) debate, according to both Bio-fuels Manufacturers Association chairman Dickon Posnett and the New Zealand chief executive of British Petroleum (BP), Peter Griffiths.
CarboNZero hits the big time
4 Apr 2008
Pioneering New Zealand carbon footprint measurer carboNZero has gone international by tying up a measurement, management and certification partnership with a British company that boasts 30,000 clients in 23 countries.
Simple standard will deliver net bio-fuel gains - Fitzsimons
4 Apr 2008
A single sustainability standard written into the emissions trading scheme (ETS) legislation would ensure bio-fuels sourced from overseas represented a net benefit to the environment, Green Party co-leader Jeanette Fitzsimons said.
ETS bill submissions online
4 Apr 2008
The Parliamentary Servicee now has copies of all publicly available submissions on the Climate Change (Emissions Trading and Renewable Preference) Bill available online here
Roundtable: Proceed With Great Care: Emissions Trading
4 Apr 2008
Proceed With Great Care: Emissions Trading Proposal Has Costly, Risky, Far-reaching Consequences
Nine major ETS risks indetified in UK report
4 Apr 2008
The UK Financial Services Authority's Commodities Group published a summary of their perspective of the emissions trading market.
A message from Bulgaria: a sign of ETS things to come?
4 Apr 2008
Ninety four of 175 companies are late reporting their verified carbon dioxied emissions.
MF Global Energy Weekly CDM & VER Markets Commentary
4 Apr 2008
MF Global Energy Weekly CDM & VER Markets Commentary, 22nd – 28th March 2008.
BILL HEARINGS - NZ ETS "toughest and potentially most expensive" in the world:
3 Apr 2008
New Zealand’s proposed emissions trading scheme is the toughest and potentially most expensive in the world, according to the Greenhouse Policy Coalition.
A slippery sort of "come out of the closet day" of climate change politics
3 Apr 2008
While the select committee opened up its hearings on the climate change bill at Parliament yesterday, senior Ministers launched a fusillade of statements questioning National’s position on climate change, including trying to get some “slippery” mud to stick to John Key.
Consultation on climate change measures continues
3 Apr 2008
Climate Change Minister David Parker has welcomed the start of the next round of public engagement on the Labour-led government's important climate change policy of emissions trading.
GHGPC: Emissions Trading - at what cost?
3 Apr 2008
In a presentation to the Finance and Expenditure Select Committee hearing submissions on the Climate Change (Emissions Trading and Renewable Preference) Bill, the Greenhouse Policy coalition, representing the energy intensive sector, had the following to say.
Professor reviewing forestry offset scheme proposal
3 Apr 2008
The Flexible Land Use Alliance has appointed Professor Lewis Evans to review a draft report by the University of Waikato and Covec on proposed changes to the forestry components of the Climate Change (Emissions Trading and Renewable Preference) Bill, including the introduction of a Forestry Offset Scheme.
Business NZ: problem with trading scheme design
3 Apr 2008
Business has a problem - not with an emissions trading scheme, but with the design of the one currently proposed for New Zealand.
No emissions trading revenue windfall for NZ
2 Apr 2008
Unlike Australia, there will be no multi-billion-dollar windfall to the New Zealand Government from selling carbon credits.
Parker: Full trans-Tasman ETS harmonisation only one option
2 Apr 2008
EXCLUSIVE - New Zealand does not need to integrate its emissions trading scheme (ETS) with Australia’s for it to work efficiently, Climate Change Minister David Parker told Carbon News yesterday.
Treasury report suggests thermal ban will increases costs
2 Apr 2008
The New Zealand Business Roundtable has released a 15 February 2008 Treasury Report , discovered under the Official Information Act, which it and other business groups say shows the proposed ban on new baseload thermal power will impose uncessary costs.
Who's first up at ETS and thermal power ban bill hearings today
2 Apr 2008
Hearings into the Climate Change (Emissions Trading and Renewable Preference) Bill begin today before the Finance and Expenditure Select Committee.
New ceramics slash fuel costs, emissions
2 Apr 2008
New ceramic technology could cut commercial vehicle fuel costs and carbon emissions by as much as 20%, according to a study by Australia’s Murdoch University.
No timeframe on exploiting southern lignite fields
2 Apr 2008
Solid Energy (SE) is going to use its huge Otago-Southland lignite coal resource eventually – it’s just not sure when, according to the state-owned collier’s chairman, John Palmer.
Bangkok talks warned little time remains for climate change solution
2 Apr 2008
UN Climate Change Talks began Monday in Bangkok with warnings that little time remains for international community to negotiate 2009 Copenhagen agreement.
Clark, Rudd to jointly address Auckland climate change conference
2 Apr 2008
Both Helen Clark and Kevin Rudd are to address a major trans-Tasman climate change business conference to be held in Auckland.
Insolvency threatens Maori forest owners
1 Apr 2008
Some Maori owners of pre-1990 forest land are going to become technically insolvent the day the Government’s emissions trading scheme (ETS) comes into effect, according to the secretary of a Maori incorporation.
EXCLUSIVE INTERVIEW: ‘Conflicts? What conflicts?’ – John Palmer
1 Apr 2008
No conflicts or contradictions over the pending emissions trading scheme (ETS) arise from John Palmer’s chairmanship of both state-owned collier Solid Energy (SE) and mostly-state-owned airline Air New Zealand, he told Carbon News yesterday.
Ground-breaking Swiss-NZ transfer of CERs
1 Apr 2008
A New Zealand carbon trading company and a Swiss developer of carbon assets have achieved a global first by transferring a tranche of secondary market carbon emissions reduction (CER) units between their respective national registries.
Air NZ backs ETS - but wants carbon price cap
1 Apr 2008
Air New Zealand chairman John Palmer can understand the opposition of the International Air Transport Association (IATA) to aviation being included in global emissions trading schemes (ETSs), but agrees New Zealand’s should cover as much of the economy as possible.
ECX enjoys one-day record 5.4m tonnes of EUA and CER trading
1 Apr 2008
The European Climate Exchange (ECX) has recorded its biggest day of screen-based trading volume, with 5,421,000 tonnes of EUAs and CERs traded on the ICE platform.
Latest Round Of UN Climate Talks to push Bali Roadmap to next stage
1 Apr 2008
Five days of United Nations-sponsored climate change talks, drawing 1,000 participants in Bangkok, Thailand, will try pushing forward the so-called “Bali Roadmap”.
Air miles, buy-local campaigns “insidious, sinister”
31 Mar 2008
Air miles and buy-local campaigns are “insidious, even sinister” trade protectionist barriers set up under cover of the battle against climate change, former World Trade Organisation (WTO) director-general Mike Moore told Carbon News.
Wind farmers tilt at gas power for pushing up prices
31 Mar 2008
To say the 90% renewable energy target will be directly responsible for increased electricity prices ignores current electricity price trends, say Fraser Clark, CEO of the New Zealand Wind Energy Association.
Roger Kerr: Saving the Planet Must Not Cost the Earth
31 Mar 2008
By Roger Kerr, Business Roundtable Shortly a select committee of parliament will begin hearings on the bill to implement an emissions trading scheme (ETS).
Forum explores low-carbon futures for local government
31 Mar 2008
“Innovative and forward-thinking councils committed to working on climate change will come together to discuss low-carbon futures for local government at the Communities for Climate Protection®- New Zealand 2008 Forum,” said Diana Shand, National Programme Manager for ICLEI’s Communities for Climate Protection - New Zealand (CCP-NZ) Programme.
Bollard: ETS will add to headline inflation
31 Mar 2008
The introduction of an Emissions Trading Scheme in New Zealand will also add to headline inflation here, Reserve Bank Governor Alan Bollard says in an economic outlook speech.
GDP impact 1%, emissions reduced 20%, big emitters told
28 Mar 2008
The impact of New Zealand’s impending emissions trading scheme (ETS) will be 1% knocked off gross domestic product (GDP) and 20% off greenhouse gas emissions, a confidential briefing of business leaders was told in Wellington on Tuesday night.
Parker says Smith wrong on grand-parenting phase-out
28 Mar 2008
Climate Change Minister David Parker says National spokesperson Nick Smith is wrong to suggest that the European Union (EU) is going to continue grand-parenting its high-emitting industries after 2020.
CARBON NEWS SERIES: Avoiding the major quality gap in emission certification
27 Mar 2008
Carbon News has revealed some companies run the risk of paying well for emissions measurement and certification – and falling short of developing world standards. They could also get stung in ETS emission audits.
Massive emission savings possible with supply chain changes
27 Mar 2008
As New Zealand businesses start measuring emissions and prepare to face a price on carbon, and new whole-of-supply chain carbon footprint concept could save big companies millions.
Climate progress slowing, says Auckland councillor
Thu 5 Jun 2025
By Shannon Morris-Williams | The devastating cyclone that tore through Tāmaki Makaurau in 2023 left behind more than just broken infrastructure, sparking calls to focus on facts over ideology in the fight against climate change.
Fed Farmers launches campaign against carbon forestry
Fri 6 Jun 2025
By Liz Kivi | Federated Farmers has launched what they are calling the ‘Save Our Sheep’ campaign, blaming carbon forestry for declining sheep numbers and calling on the government to urgently review the Emissions Trading Scheme.
Greenwashing is rife in Australia, but could its days be numbered?
28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Microplastics found in sand on dozens of NZ beaches
Wed 4 Jun 2025
Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
Govt mulls status quo for ETS auction settings
29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
Global energy investment set to hit record $3.3 trillion in 2025, IEA says
Fri 6 Jun 2025
A surge in clean energy spending is expected to drive a record $3.3 trillion in global energy investment in 2025, despite economic uncertainty and geopolitical tensions, the International Energy Agency said on Thursday.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Common low-grade clay strengthens low-carbon concrete
Thu 5 Jun 2025
Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
Gas supply reducing faster than forecast
Thu 5 Jun 2025
By Liz Kivi | Gas reserves have reduced 27% as of 1 January 2025 compared to last year, according to data released today by the Ministry of Business, Innovation and Employment.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Extreme ocean warming engulfed South-West Pacific in 2024
Fri 6 Jun 2025
By Shannon Morris-Williams | Unprecedented ocean warming engulfed the South-West Pacific in 2024, with extreme heat and rainfall causing deadly and devastating impacts and sea level rise threatening entire islands.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Biochar's negative emissions tech coming to Fieldays
Fri 6 Jun 2025
Biochar Network New Zealand will showcase its negative emissions technology biochar at this year's Forestry Hub at Fieldays 2025.
Vanuatu criticises Australia for extending gas project while making COP31 bid
Wed 4 Jun 2025
Vanuatu’s climate minister has expressed disappointment over Australia’s decision to extend one of the world’s biggest liquefied natural gas projects and said it raises questions over its bid to co-host the COP31 summit with Pacific nations.
Watts talks big on energy reform, but barriers persist
29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
Electrification challenge for politicians, regulators
27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
How the little-known ‘dark roof’ lobby may be making US cities hotter
Fri 6 Jun 2025
As cities heat up, reflective roofs could lower energy bills and help the climate. But dark-roofing manufacturers are waging a quiet campaign to block new rules.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
What happened to the hydrogen economy?
Tue 3 Jun 2025
The hydrogen car that was supposed to carry us into a cleaner future is still not in the driveway. In fact, outside of a few test markets, it’s not in anyone’s driveway.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
Govt's RMA overhaul sparks fears for nature and climate
30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
Thu 5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
Top ocean experts sound the alarm over growing marine crisis due to climate change
Fri 6 Jun 2025
On the opening day of a global science conference, French fishery scientist Clea Abello presented research showing that marine protected areas could protect commercially valuable fisheries.
Tech alone won’t save us, warns climate expert
Wed 4 Jun 2025
By Shannon Morris-Williams | Technology alone won't be enough to reach net zero emissions, environmental psychologist Lorraine Whitmarsh told the Carbon and Energy Professionals conference in Auckland last week.
New research reveals NZ’s natural resource footprint
29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
NZ's first chance in 20 years to catch up on waste
30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
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.
UK’s solar power surges 42% after sunniest spring on record
Fri 6 Jun 2025
The UK’s solar farms and rooftops generated more electricity than ever before in the first five months of 2025, as the country enjoyed its sunniest spring on record.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
US: Clean energy project cancellations top $14 Billion so far in 2025
Wed 4 Jun 2025
Businesses have pulled the plug on big projects amid Trump’s retreat on climate action. But plenty remain in the pipeline, awaiting a Congressional decision on tax credits.
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
“It’s not the car – it’s how we move” – EECA
Tue 3 Jun 2025
By Shannon Morris-Williams| New Zealand’s transport emissions conversation has focused heavily on electric vehicles – but Richard Briggs, group manager, delivery and partnerships at the Energy Efficiency and Conservation Authority, says we’re asking the wrong question.
Europe’s next climate target may already have been agreed in Berlin
28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Water crisis on the horizon?
26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
For the first time, China invests more in wind and solar than coal overseas
29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
