Topics tagged with 'Emissions trading'
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).
Weekly analysis: EUA-Dec08 reaches 10-months high, breaks 25 euro barrier
22 Apr 2008
Bullish gas and crude support EU Allowances – sCER-Dec08 moves sideways at EUR 16.30
New survey captures primary CER prices ranges
22 Apr 2008
IDEAcarbon, one of whose parent company's principals is Lord Nicholas Stern, formerly of the British Treasury and author of the Stern report on climate change economic impacts, has undertaken a survey among buyers and sellers to derive an understanding of primary CER (pCER) price ranges.
IDEAcarbon Credit Rating
22 Apr 2008
Credit ratings are an essential tool in any investment process. IDEAcarbon ratings provide a rigorous analysis of the risk profile of individual carbon assets and asset portfolios.
Farm leaders, Agriculture Minister trade words on impact of ETS
21 Apr 2008
A row is brewing over the extent of the impact on farming of the proposed emissions trading scheme.
Farmer leadership slips back into attack on climate change science
21 Apr 2008
Federated Farmers wants the “religion” of climate changed reassessed before an emissions trading scheme is brought in, a stance which has failed to impress the Minister of Agriculture.
Wellington City decides on carbon credit revenue plan from town belts, forests
21 Apr 2008
Wellington City is looking to earn large annual revenues from emission credits by turning its town belts and forests into carbon sinks.
New Zealanders losing ambition on climate change: Ipsos
Wed 20 May 2026
By Pattrick Smellie | New Zealanders’ belief that their government has a plan to combat climate change has taken another serious hit in the latest poll of 31 countries by global research firm Ipsos.
Six NZ climate solutions up for 2026 Earthshot prize
Today 11:30am
By Shannon Morris-Williams | Six New Zealand climate and sustainability initiatives have been nominated for the 2026 Earthshot Prize, with the shortlist showcasing Kiwi-led solutions tackling emissions, plastic waste and ocean restoration.
$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.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
Govt unveils long-awaited voluntary carbon market guidance
Fri 15 May 2026
By Shannon Morris-Williams | The Government has released long-awaited guidance for New Zealand’s voluntary carbon and nature markets, as questions continue for the sector despite ministers signalling support for its growth.
Biomass sector asks: where did the love go?
Mon 18 May 2026
By Pattrick Smellie | New Zealand has sufficient biomass in its plantation forests to replace natural gas for industrial process heat at lower costs than electrification, but is failing to get the attention it deserves, sector leaders say.
Carbon News updates forward curve
13 May 2026
Carbon News has updated its ten-year NZU forward curve, following a recent rise in spot market prices, with NZUs rallying from about $34 in January to nearly $54 in early May.
UN members reinforce nations' climate change obligations
Today 11:30am
The United Nations General Assembly on Wednesday adopted a resolution reinforcing states' obligations to combat climate change, a long-awaited move toned down under pressure from major greenhouse gas emitters.
Drop in ETS forestry registrations
5 May 2026
By Liz Kivi | ETS forestry registrations have dropped off this year, with the new mandatory emissions return period, new land-use rules, and carbon price volatility all meaning participants aren’t rushing to register forestry in the emissions trading scheme.
Hipkins pans LNG plan as ‘massive step backwards’
Tue 19 May 2026
By Liz Kivi | Labour leader Chris Hipkins has told a Queenstown audience that a Government he leads would not proceed with a planned LNG import terminal, if elected at November’s election.
Tairāwhiti deserves better than weakened forestry rules
5 May 2026
OPINION: The government's proposed amendments to forestry standards, released yesterday, ignore the hard lessons learned in our region and ignore the voices that have fought hardest to protect it, writes Manu Caddie.
Green building council calls for clean energy policies
Mon 18 May 2026
The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.
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.
New solar farm to boost West Coast energy security
Today 11:30am
Construction has begun on a new 13.5MW solar farm in Reefton, with developer Lightyears saying the project will help strengthen electricity security on the West Coast and support future regional growth.
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.
Are hailstones getting bigger due to climate change?
Today 11:30am
Scientific studies suggest that a warmer climate does not necessarily lead to more frequent hail, but rather to more severe hailstorms with larger hailstones.
EDS urges MPs to scrap the Fisheries Amendment Bill
5 May 2026
Media release | The Environmental Defence Society today lodged a substantive submission on the Fisheries Amendment Bill.
Govt presses ahead with forestry rule changes despite opposition
14 May 2026
By Shannon Morris-Williams | The Government is pushing ahead with changes to commercial forestry rules despite most submitters opposing the proposals, with critics warning the reforms will weaken councils’ ability to manage erosion and forestry slash risks in vulnerable regions such as Tairāwhiti.
Iran war pushes Portugal to halve fossil fuel use over next 10 years
Wed 20 May 2026
Lisbon fast-tracks plans after the Iran war caused oil and gas costs to soar, Energy Minister Maria da Graça Carvalho tells POLITICO.
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.”
New funding for low methane farming uptake
29 Apr 2026
By Pattrick Smellie | The government will co-fund projects under an Early Adoption Accelerator scheme announced today to accelerate the uptake of low emissions farming technologies emerging from the AgriZero public-private partnership.
NZ Govt’s move to halt climate litigation under international scrutiny
Tue 19 May 2026
By Liz Kivi | Local and international NGOs have signed an open letter calling on the Government to reconsider its decision to shield major emitters from legal liability for climate-related harm.
Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime
Fri 15 May 2026
By Hang Pham, Te Herenga Waka — Victoria University of Wellington | Most of us are familiar with the concept of greenwashing: organisations exaggerating or overstating their environmental credentials. But in New Zealand, there are signs the country’s climate disclosure regime may inadvertently be driving a very different trend: not saying much at all.
‘Formidable’ El Niño expected this winter
29 Apr 2026
By Liz Kivi | Meteorologists are anticipating a significant El Niño influence on weather patterns across the country from winter onwards, with predicted lower rainfall for some areas and heavier rain for others likely to impact multiple sectors of the economy as well as the carbon market.
Victorian Hydrogen announces Southland urea fertiliser project using coal
22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
Media round-up
24 Apr 2026
In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.
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.
Labour condemns Govt plan to stop climate litigation
Fri 15 May 2026
By Liz Kivi | The Labour Party has slammed the Government’s move to block climate lawsuits against big emitters but won’t say if they would repeal the legislation if elected in November.
GIDI-style help cheaper than LNG: MBIE
11 May 2026
By Pattrick Smellie | Officials advised ministers last July that the lowest-cost way to free up gas for use during dry winters was to assist industrial gas users to switch to electricity.
Govt missing tricks to save fuel in crisis
30 Apr 2026
By Shannon Morris-Williams | The Government is being urged to shift its response to the fuel crisis away from short-term relief and towards measures that reduce demand, with public health experts warning it is missing an opportunity to boost energy security and lower household costs.
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.
Move to block lawsuits could strengthen climate case against Govt
14 May 2026
By Liz Kivi | The Government’s plan to block climate lawsuits – while potentially fatal for one groundbreaking climate case – could actually bolster claims in another live climate case underway against the Government.
‘Utterly elated’ – controversial Sams Creek gold mine application declined
Today 11:30am
By Max Frethey, Local Democracy Reporter | Campaigners are elated after the controversial gold mining application for Sams Creek in Golden Bay was declined.
Conservation land open for voluntary carbon market schemes
12 May 2026
By Pattrick Smellie | The government is to open up the Crown-owned conservation estate to private investment in voluntary carbon market projects.
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.
Pacific voice on climate at the UN
Wed 20 May 2026
A New Zealand-based researcher has told a United Nations forum that rising sea levels are already reshaping life across the Pacific and climate change is causing irreversible impacts on water supplies, food security and cultural identity.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Opposition slams environment ministry merger
13 May 2026
By Shannon Morris-Williams | Opposition MPs accused the Government of downgrading climate and environmental protections as legislation to abolish the Ministry for the Environment and merge it into a new mega-ministry passed its second reading in Parliament.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
Fri 15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
ESG funds include petrochemical companies, report finds
5 May 2026
Global banks have invested US$133bn into US petrochemical expansion, even as the industry is linked to climate change.
NZTA rejects covering $145m of Wellington public transport projects
Wed 20 May 2026
By Justin Wong, Local Democracy Reporter | More than $145 million of Wellington public transport projects - including new bus spines along the harbour quays and the redevelopment of ageing Waterloo station - never made it into the Government’s $32.9 billion national land transport plan.
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
Green Party calls for national electrification plan
20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
China widens its clean energy lead
Mon 18 May 2026
Chinese companies account for more than half of global investments in clean energy manufacturing since 2019, while new U.S. investments declined last year.
‘Landmark’ conservation reform bill – boost or bust for nature?
8 May 2026
By Liz Kivi | The Government has announced an overhaul of the country’s conservation system, which environmental organisation Forest & Bird says will undo the work of many generations of Kiwis to protect public conservation land.
Combined climate extremes may prompt carbon budget rethink
14 May 2026
Media release: Springer Nature | Combined extreme climate events are likely to become more common in the future if carbon emissions continue to rise, a paper in Nature suggests.
Media round-up
Fri 15 May 2026
In our round-up of climate coverage in local media: The government's move to change climate law removes a key protection for NZ citizens, farmers should be paid to use methane-busting tools, and it's one step forward, three steps back on environment policy.
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.
Why both trees and technology are important in the race to mitigate carbon emissions
4 May 2026
Different carbon‑removal approaches solve different problems, and pitting these technologies against each other could slow progress.
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.
UN members prepare for pivotal vote on landmark ICJ climate justice ruling
Fri 15 May 2026
If the resolution is passed, governments will recognise their legal responsibility to cut greenhouse gas emissions.
NZ First moves to revive container return scheme
4 May 2026
By Shannon Morris-Williams | NZ First is aiming to launch a national container return scheme, which could recycle over a billion wasted containers each year, reviving a policy shelved by the previous Labour-led Government in 2023.
Commission urges Govt action on climate risks
7 May 2026
By Liz Kivi | Climate change currently poses major risks to our water infrastructure with “significant gaps” in readiness to manage risks and increasing hazards, according to the Climate Change Commission.
Why is Northern Ireland facing a growing threat from wildfires?
7 May 2026
Figures show that spring drought events are happening more often while there has been a sharp rise in "fire weather" - a mix of warmth, dryness, and wind that allows fires to ignite and spread rapidly. Experts warn this combination, along with climate change, is creating a longer and more volatile wildfire season.
Human health appears unaffected by living near wind turbines
Today 11:30am
Media release: PNAS | High-resolution data collected across the United States show negligible evidence of adverse health outcomes tied to wind turbine exposure, a study finds.
