Topics tagged with 'Emissions trading'
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.
CERs deal to help offset Bell Gully emissions, firm not entering trading market
21 Apr 2008
The first-ever Certified Emissions Reduction units (CERs) to be transferred between two countries are bringing law firm Bell Gully closer to its goal of carbon neutrality.
Parker: Industry protection under ETS being considered
21 Apr 2008
Designing an emissions trading scheme which effectively reduces greenhouse gas emissions while being fair to industry is an important matter which requires careful consideration, Climate Change Minister David Parker says.
Greens on NZ emissions: When will we turn the corner?
21 Apr 2008
The Green Party says news that New Zealand's greenhouse emissions have continued to rise, though not as fast as previously, is still not good enough.
NZ emissions up .5 million tonnes in 2006
21 Apr 2008
The latest annual greenhouse gas inventory report shows New Zealand’s emissions rose less than 1% between 2005 and 2006.
World ETS expert: global trading needed or ETS unsustainable
21 Apr 2008
The costs of combating climate change are much lower than they might seem, because there are real business opportunities wherever you look, according to Henry Derwent, President and CEO International Emissions Trading Association (IETA).
Genesis to build new $420m thermal plant unless regulations say not to
18 Apr 2008
The absence of legal definitions of base-load and peaking power supply is behind Genesis Energy’s seeking resource consent for a new thermal power station north of Auckland, the Government’s planned 10-year ban not withstanding.
NZIER foreshadows grim ETS study in pre committee publicity flurry
18 Apr 2008
The New Zealand Institute of Economic Research has publicly revealed its plan to produce a study at the ETS bill select committee hearings - and foreshadows it wants an alternative policy.
Bell Gully directly enters trading market
18 Apr 2008
A New Zealand law firm has created a world first in carbon trading, purchasing the first ever Certified Emission Reduction units to be transferred between two countries.
Bush whacked over climate change goals statement
18 Apr 2008
President Bush’s announcement of a new goal of stopping the growth in GHG emissions has met with a range of reaction, from being described as his “ last gasp?” by Sky News - to simply a statement which will “be soon forgotten”.
Carbon job market heating up fast
18 Apr 2008
Executive search firm A E Feldman (http://blog.aefeldman.com/2008/04/14/global-carbon-job-market-booming/) reports the global carbon market is heating up at a fast and furious pace.
NEW: Guide to setting up a CDM project
18 Apr 2008
The International Emissions Trading Association has prepared a specific Guidance Note for those interested in setting up CDM projects.
Team up to provide extra carbon market insurance capacity
18 Apr 2008
Munich Re Group and CarbonRe Switzerland intend to work in a strategic partnership to provide additional direct insurance capacity to the carbon markets.
Bush sets 2025 as year for nil US emissions growth
17 Apr 2008
US President George Bush this morning announced a new national climate change goal – to stop the growth of US greenhouse has emissions by 2025.
Smith: Government should be ‘up front’ over ETS costs and impacts, criticises 20 day media ban
17 Apr 2008
Opposition climate change spokesperson Nick Smith is urging the Government to come clean and tell the public exactly what advice it has about how much money the Government will make from the auctioning of permits under the proposed emissions trading scheme.
Contact Energy not defying thermal ban
17 Apr 2008
Contact Energy’s acquisition of two additional 100mw gas-fired power generation turbines does not breach the Government’s 10-year ban on new thermal power generation, the company told Carbon News last night.
Ministerial press secretaries impose up to 20 day information ban on Carbon News
17 Apr 2008
Two Ministerial press secretaries have said they will restrict the flow of information to Carbon News.
The questions we have asked Minister Parker
17 Apr 2008
Here are the questions Carbon News has asked Climate Change Minister David Parker.
EU officials investigate competitiveness issues arising from ETS plan
17 Apr 2008
European Union (EU) officials from the European Climate Change Programme (ECCP) in the past few days have initiated a program to identify which energy-intensive industries might need protection as a result of the EU's recently proposed tougher greenhouse gas (GHG) emissions controls.
EU will leave ETS breathing room for foreign airlines
17 Apr 2008
Europe will leave breathing room for non-European carriers if their homeland adopts an emissions trading scheme (ETS).
ANALYSIS: High hopes for the Lieberman-Warner ETS bill in the US
17 Apr 2008
By Emily Farnwort. - The °Climate Group recently held its first North American members meeting with attendance from over 50 leading businesses, states and cities. The conversation was centered on action from the US on climate change. It was a far-ranging and optimistic conversation with a striking focus on the need for leadership and a robust carbon market.
EXCLUSIVE: Treasury responds on ETS windfall, but defers to select committeee
16 Apr 2008
The Treasury reckons it’s easy as anything to work out how much the Government will make in windfall revenues selling carbon credits, but it still shrinks from putting a figure on it.
MAF report prompts call to include agriculture in ETS "now"
16 Apr 2008
The Sustainability Council says MAF’s report on the effects of the ETS on farm profits shows there’s no justification for delaying agriculture’s inclusion in the scheme.
Labour’s energy strategy in tatters, Brownlee says
16 Apr 2008
The prospect of power cuts this winter in the context of the 10-year ban on new thermal power stations shows the Government’s energy strategy is in tatters, National Party energy spokesperson Gerry Brownlee told Carbon News last night.
Bush about to make major climate policy change?
16 Apr 2008
The White House held a meeting with Republican lawmakers to gauge the reaction to the idea of supporting a limited cap on greenhouse gases, AP reports.
Market analysis: Dec 08 EURs now flirt with EUR25 per tonne
16 Apr 2008
Last week, a daily average 9.4million EUAs traded through brokers and Exchange, Fortis bank says in its weekly market analysis.
Government working on eco claim system, Mallard may look at new accord on packaging
16 Apr 2008
Environment Minister Trevor says the government is on a system to verify eco-claims being made on all goods and services.
First weekly GHG calculator shows NSW emissions up
16 Apr 2008
The world’s first weekly greenhouse indicator has revealed that greenhouse emissions from energy in NSW and Victoria have risen for the first quarter in 2008.
FINALLY IT IS OUT: Emissions trading windfall estimate now tops $21b
15 Apr 2008
Further evidence of massive revenues - as much as $21.4 billion - accruing to the Government from trading carbon permits after 2013 emerged at the select committee hearing into the Climate Change (Emissions Trading and Renewable Preference) Bill in Auckland yesterday.
Auckland airport: $30 per tonne will mean $68 under ETS plan
15 Apr 2008
Auckland Airport Limited says it will effectively face an emissions price of $60 a tonne, instead of $30, if it stays out of the emissions trading scheme.
Lobby builds to force companies to declare climate change exposure
15 Apr 2008
Spurred on by the example of the continuing reticence of finance houses over sub prime exposure, a group of institutional investors - including London’ s F&C Management which has holdings in New Zealand - is lobbying the US Securities and Exchange Commission to insist that companies disclose their exposure to climate change.
Market report: EUA-Dec08 breaks through 24 Euro barrier
15 Apr 2008
EUA-Dec08 breaks through 24 Euro barrier – Record crude and rising EU-carbon emissions support EU Allowances – sCER-Dec08 trades at EUR 16.25 – EUA/sCER spread widens to EUR 8+
EXCLUSIVE: 'Surprise' MAF report shows some farms will profit from ETS
14 Apr 2008
Already well-off dairy farmers could get a 30 per cent profit boost from the ETS, according to an apparently prematurely released Government report.
Thermal ban ‘will kill oil exploration’ – Todd
14 Apr 2008
Oil exploration off the Taranaki coast will be killed by the Government’s proposed 10-year ban on new thermal power stations, the chief executive of Todd Energy, Richard Tweedie, told Carbon News.
US Government ETS revenue windfall $1.13 trillion: new official estimate
14 Apr 2008
US officials have just released a new report estimating emission trading there will increase Government revenues by about $1.21 trillion over the 2009-2018 period.
Clark: Jury out on opponents' support for ETS, climate change policies
14 Apr 2008
In her speech to the Labour Congress at the weekend, Prime Minister Helen Clark defended her Government’s research and development funding, aimed at the pastoral and food sectors - and laid down a challenge to her political opponents to back the ETS legislation now before Parliament.
Major new Indian NCDEX exchange enjoys enthusiastic first day trading
14 Apr 2008
More than 200,000 CERs, worth INR 200 mln, were traded on the new NCDEX exchange (Friday NZ time).
EXCLUSIVE: $18b windfall for NZ government from ETS
11 Apr 2008
CARBON NEWS INQUIRY - The New Zealand Government’s coffers will be boosted by $18b in windfall revenues from sales of carbon credits between 2013 and 2024, according to privileged information obtained by Carbon News.
Farm-level emissions cuts possible, but almost everything stands in the way
18 Dec 2025
By Shannon Morris-Williams | Progress to slash farming emissions is being blocked by limited farmer confidence in mitigation tools, inconsistent engagement, misinformation and a lack of clear policy signals, according to a new report.
State-owned farmer drives profit growth with emissions reductions
19 Dec 2025
By Pattrick Smellie | Government-owned Landcorp, trading as Pāmu, is one-third of the way to meeting its 2031 emissions reduction targets, with five years left to run to cut greenhouse gas emissions by 30.3% against 2021 emissions.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
‘Cali Fund’ aiming to raise billions for nature receives first donation – of just $1,000
16 Dec 2025
A major biodiversity fund – which could, in theory, generate billions of dollars annually for conservation – received its first donation of just $1,000 in November.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
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.
Seven quiet wins for climate and nature in 2025
19 Dec 2025
This year's environmental backdrop is familiar: emissions are rising and nature is continuing to decline. But there have nevertheless been bright spots in 2025.
Govt unveils plans for carbon storage regulations – and ETS rewards
18 Dec 2025
By Liz Kivi | The Government has released plans to regulate carbon capture and storage in natural geological formations, which include Emissions Trading Scheme incentives, with the aim of introducing related legislation in 2026.
Global coal demand hit record high this year but is set to decline by 2030
18 Dec 2025
Global coal demand reached a record high in 2025 but is expected to decline by 2030 as renewables, nuclear power and abundant natural gas squeeze its dominance in power generation.
Investors must support positive climate-tech
28 Nov 2025
OPINION: We need better leadership than the current ‘climate opportunism’ that is rife in the Beehive, and we need to back a marketplace that will make it happen, writes Rob Campbell.
RMA’s successors hinge on two untested bets
17 Dec 2025
Two ideas sit at the heart of the Government’s replacement for the Resource Management Act: regulatory relief and spatial planning.
India at COP30: A mismatch between grandstanding and climate action
11 Dec 2025
Despite India’s attempt to anoint itself as the leader of the developing world, at the COP30 summit, New Delhi’s track record remains contradictory.
NZ hydrogen regulation to catch up with the world
18 Dec 2025
By Pattrick Smellie | The government has announced a regulatory reset for New Zealand’s emerging clean tech hydrogen sector.
DOC trims costs and winds down jobs for nature
10 Nov 2025
The Department of Conservation (DOC) is entering a new phase of tighter budgets and structural change as it winds down the pandemic-era Jobs for Nature programme and reshapes its operations to absorb long-term cost pressures.
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.
Transport dominates NZ’s rising consumer emissions
10 Dec 2025
By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.
Hydrogen emissions are ‘supercharging’ the warming impact of methane
19 Dec 2025
The warming impact of hydrogen has been “overlooked” in projections of climate change, according to authors of the latest “global hydrogen budget”.
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.”
Westpac NZ announces partnership to form Blue Economy hub in Nelson
17 Dec 2025
Media release | Westpac NZ has announced a new three-year partnership with the Nelson Regional Development Agency and Kernohan Engineering to help accelerate the development of a sustainable marine economy – also known as the blue economy.
NZ ‘clearly’ breaching international law on climate – Vanuatu Climate Change Minister
12 Dec 2025
By Liz Kivi | Vanuatu’s Climate Change Minister, Ralph Regenvanu, says New Zealand restarting fossil fuel exploration and subsidies is an obvious breach of international law, exposing the country to international and domestic litigation.
Govt slammed for weakening methane target
15 Dec 2025
By Shannon Morris-Williams The Government has pushed through legislation under urgency to almost halve New Zealand’s 2050 methane target – a move Opposition parties say disregards scientific advice, breaks the country’s hard-won political consensus on climate action, and shifts the burden of higher warming and higher future costs onto the next generation.
COP30 microcosm of difficult geopolitics, says Vanuatu's Climate Minister
15 Dec 2025
By Liz Kivi | Despite ‘intransigent’ states blocking multilateralism and a disappointing official outcome, Vanuatu’s Climate Change Minister Ralph Regenvanu says he left the COP30 climate summit feeling more positive than after previous UN climate conferences.
Hiringa eyes green methanol plant near Whanganui
29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
Insurers welcome govt decision to keep NHC levy unchanged
21 Nov 2025
Media release |The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s decision to leave the Natural Hazards Commission levy unchanged, amid ongoing concerns around the cost-of-living.
Why I’m not outraged at the Govt’s latest climate backsliding
7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
Three Greenpeace activists removed by police from Fonterra
17 Dec 2025
Media release | Three Greenpeace activists were removed by police from Fonterra’s downtown Auckland offices, following a protest on Monday at the Shareholders’ Fund meeting over the corporation’s role in the contamination of rural communities’ drinking water.
Oil and gas majors would create $78bn more value by stopping exploration
11 Dec 2025
Media release | Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development, according to new analysis released today by ACCR.
Wetlands and biodiversity at risk as mining rules loosen: Greenpeace
19 Dec 2025
By Shannon Morris-Williams | Greenpeace says Government changes to national direction instruments under the RMA paves the way for mining in wetlands and biodiversity hotspots and will expose some of Aotearoa’s most fragile ecosystems to irreversible damage.
NZ could become ‘dumping ground’ for dirty vehicles: Commissioner
16 Dec 2025
By Liz Kivi | Simon Upton, Parliamentary Commissioner for the Environment, has warned the Government that its changes to the clean car standard could turn the country into a dumping ground for high emitting cars, making future emissions budgets harder to achieve.
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.
Offshore windfarms enhance function of coastal waters and diversity of aquatic life
19 Dec 2025
Media release | A study conducted by researchers from Murdoch University in Australia and Dalian Ocean University in China has found that offshore windfarms can improve marine ecosystems and diversify aquatic food chains.
‘A shift no country can ignore’: where global emissions stand, 10 years after the Paris climate agreement
16 Dec 2025
The watershed summit in 2015 was far from perfect, but its impact so far has been significant and measurable.
Govt consulting on Pacific Resilience Facility
12 Dec 2025
The Foreign Affairs, Defence and Trade Committee is calling for submissions on its international treaty examination of the Agreement to Establish the Pacific Resilience Facility.
Govt green lights rural recycling scheme
4 Dec 2025
The Government has approved new regulations to bring rural waste schemes under one unified framework.
KiwiRail pauses coal trains amid rising climate protests
9 Dec 2025
By Shannon Morris-Williams | Climate activists are ramping up actions this week, with a Christchurch protest leading to KiwiRail pausing some coal train operations on Saturday, and another protest against the Fast-Track Amendment Bill planned for parliament today.
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.
Could tidal energy one day power NZ?
18 Dec 2025
By Shannon Morris-Williams | New research suggests Aotearoa holds some of the world’s strongest tidal-stream energy potential – enough to generate up to 93% of today’s electricity use – but one expert cautions that extracting energy at such a scale could have significant impacts and remains highly uncertain.
NZ could lose nearly all glaciers this century without stronger climate action
16 Dec 2025
New Zealand could see 97% of its glaciers vanish by 2100, with new international modelling projecting a rapid acceleration in glacier extinction from the 2030s onward – even under lower-warming scenarios.
Solar households to get little-noticed tax break
23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
The surprisingly convincing case against cars
19 Dec 2025
Life After Cars dares to imagine how different, and enriching, a car-free world could be.
Kaicycle celebrates ten years of collective climate action in Pōneke
14 Nov 2025
Media release: Kaicycle | Since 2015, Kaicycle has grown from a humble pilot project growing kai and collecting compost on bicycles into the thriving urban farm and composting hub that Wellingtonians know and love.
Heatwaves, downpours and droughts – Auckland on track for more extreme weather
1 Dec 2025
By Shannon Morris-Williams | New projections show Auckland will face more heatwaves, heavier downpours, worsening droughts and growing coastal threats as climate extremes intensify, according to a new report from Earth Sciences New Zealand.
NZ just had its hottest spring in at least 116 years
10 Dec 2025
By Shannon Morris-Williams | This year New Zealand had its hottest spring since records began, with widespread heat, rainfall extremes and destructive wind driven by sudden stratospheric warming.
Media round-up
12 Dec 2025
In our round-up of climate coverage in local media: Another offshore wind firm exits New Zealand over a clash with seabed mining; Fonterra falls behind on its climate goals as farm emissions remain flat; and the businesses trapped by the gas 'death spiral'.
