Topics tagged with 'Emissions trading'

So just how does a country go 'carbon neutral'?
10 Apr 2008
The New Zealand Government says it aspires to be carbon neutral but has yet to say exactly how and by when.

Major puzzle for Kiwi ETS pioneers: who pays who what (twice)
10 Apr 2008
Some New Zealand businesses are facing a potential tangle over how to avoid double counting their emissions as a result of the country’s world-first move to include all greenhouse gases in all sectors.

US concerned over EU airline emissions charge plan, starts probe into airline pollution
10 Apr 2008
The United States is expressing “serious concern” over EU proposals to impose emissions charges on airlines.

Contact No1 in electricity hedge market services
10 Apr 2008
New research has confirmed that Contact is rated number one in the delivery of electricity hedge market services.
EEX reports sales revenue up 5%, profit up to e8.3 million
10 Apr 2008
European Energy Exchange AG (EEX) has managed to continue its strategy for European growth successfully during the business year 2007.
Mexico gets World Bank’s first climate change loan
10 Apr 2008
Washington -- The World Bank Board of Directors yesterday endorsed its first climate change lending operation, for Mexico, worth US$501.25 million.

Dubai and Eco Securities developing major CDM emission reduction projects
10 Apr 2008
Dubai Multi Commodities Centre (DMCC) and Nakheel, Dubai's premier development company, have signed a Memorandum of Understanding to jointly identify and develop emissions reduction projects across the whole of Nakheel's operations.

PWC expert: Exporters to feel bite of any EU shipping emissions move
9 Apr 2008
The likely inclusion of shipping in the European Union (EU) emissions trading scheme (ETS) looks set to hit New Zealand exporters in the pocket – and international airline passengers could be next to shell out for their carbon footprint.

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.