Topics tagged with 'Emissions trading'
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.
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.
NZ urged to grab a slice of burgeoning $35 billion market for nature credits
Fri 13 Mar 2026
By Shannon Morris-Williams | New Zealand could unlock strong domestic and international demand for high-integrity nature-based credits, if government, investors and restoration groups work together to scale supply, a new report says.
Rod Carr is ‘over’ climate change defeatism
Fri 13 Mar 2026
By Pattrick Smellie | If there’s one thing former Climate Change Commission chair Rod Carr is “over”, it’s people saying there’s nothing they can personally do to address climate change.
Auckland Airport switches on giant heat pump system to cut gas use
6 Mar 2026
By Shannon Morris-Williams | While Auckland Airport’s switch from gas to heat pumps is welcome, the emissions savings are dwarfed by ongoing aircraft emissions, which are set to rise, according to a sustainable transport expert.
Air NZ joins Marsden Point SAF project
3 Mar 2026
By Pattrick Smellie | Air New Zealand has quietly added its name to a consortium exploring the viability of green hydrogen production for sustainable aviation fuel at Channel Infrastructure’s Marsden Point energy hub.
Carbon markets risk penalising Indigenous stewardship, researchers warn
5 Mar 2026
Carbon markets designed to reward environmental restoration may be unintentionally disadvantaging Indigenous communities who have long protected intact ecosystems, according to new research.
Govt’s own modelling shows LNG leads to higher electricity prices than other solutions
19 Feb 2026
By Christina Hood | COMMENT: According to modelling conducted by Concept Consulting for MBIE, either developing the Tariki gas storage facility or managing electricity demand would deliver lower wholesale electricity prices than the Government’s preferred solution of an LNG import terminal.
Kenya’s latest carbon credit crackdown reveals questionable practices
Wed 11 Mar 2026
Some players use sophisticated tactics to inflate the value of credits that may not represent genuine, permanent emissions reductions.
Countries agree to record release of emergency oil reserves as prices surge
Fri 13 Mar 2026
Dozens of countries have agreed to release a record amount of oil from their emergency reserves to try to tackle supply shortages and soaring prices.
Bidders no-show at carbon auction – again
3 Mar 2026
By Liz Kivi | As predicted, today’s carbon auction yet again failed to attract any bidders, with NZUs currently trading hands on the secondary market at a 35% discount on this year’s auction floor price.
3,600 times faster: China is shaking up the steel industry
25 Feb 2026
For over a century, making steel meant coal, heat, and hours of waiting. A Chinese research team now reports collapsing that process into just three to six seconds; no coal, near zero emissions, and a vortex lance already moving toward commercial production. The technology is called flash ironmaking, and in February 2026, its implications are still unfolding.
Hormuz crisis critical to New Zealand
Tue 10 Mar 2026
By Nathan Surendran | COMMENT: Why the Hormuz crisis is a symptom, not the disease – and what it means for New Zealand.
Sustainable retail-office project breaks ground under new Green Star framework
19 Feb 2026
Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.
Opposition attacks Govt over fossil fuel phaseout backdown
2 Feb 2026
By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.
Renewables surge cuts power emissions, but oil dominates fossil fuel use
Fri 13 Mar 2026
By Shannon Morris-Williams | New Zealand’s fossil fuel emissions fell in 2025 as strong renewable electricity generation reduced the need for gas-fired power, but oil consumption is rising and now accounts for a record share of fossil emissions.
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.
Climate Commission called to Waitangi inquiry over alleged breaches
Tue 10 Mar 2026
By Liz Kivi | The Climate Change Commission is being called to front up to the Waitangi Tribunal and give evidence over alleged legal breaches of its obligations to Māori.
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.
From forest to flatpack, IKEA faces timber traceability test
Wed 11 Mar 2026
As the EU’s Deforestation Regulation nears implementation this year, furniture giant IKEA may need stronger traceability systems to prove its timber isn’t linked to post-2020 deforestation.
Greenpeace slams Govt climate policies amid rising petrol prices
Thu 12 Mar 2026
As petrol prices climb to $3 a litre, Greenpeace is blaming Government decisions for leaving Kiwis harder hit by the oil price spike.
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.”
Gaps in adaptation taxonomies hinder climate finance in Asia: report
5 Mar 2026
Without clearer criteria and metrics in adaptation taxonomies, Asia risks widening its climate financing gap, warns a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
Russia gets export boost from Iran war as price of oil to India surges
Tue 10 Mar 2026
The war in Iran has fuelled a significant bump in demand for Russian oil and gas, the Kremlin said on Friday, boosting exports which have been battered by sanctions linked to Russia's war in Ukraine.
Five trees can’t offset a car: Lawyers accuse Mazda of greenwashing
Mon 9 Mar 2026
By Shannon Morris-Williams | Lawyers for Climate Action NZ is taking Mazda to the Advertising Standards Authority over its claims that a tree-planting programme will offset vehicle emissions.
Govt missing opportunity to slash electricity prices, says expert
11 Feb 2026
By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.
Japan eyes New Zealand as green hydrogen export hub
Thu 12 Mar 2026
By Shannon Morris-Williams | A new partnership between major Japanese companies aims to explore exporting green hydrogen from New Zealand – but the economics of producing the energy-hungry fuel remain the biggest hurdle.
Wales council to buy and demolish homes prone to flooding
4 Feb 2026
A row of homes in a village in south Wales is to be bought by a local authority and demolished as they can no longer be protected from flooding caused by the climate crisis.
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.
EDS puts environmental lawmaking under the spotlight
26 Feb 2026
Media Release |The Environmental Defence Society has launched the first in a series of investigative pieces into how environmental laws are being made in Aotearoa New Zealand.
Climate 'dream team' launches foundation targeting 100 million tonnes in emissions cuts
25 Feb 2026
By Shannon Morris-Williams | The New Zealand Climate Foundation, which has the ambitious aim of cutting 100 million tonnes of greenhouse gas emissions by 2035, had its official launch on Monday.
Expert Panel invites EDS to comment on Bendigo goldmine
Fri 13 Mar 2026
Media release | The Environmental Defence Society has been invited to provide comment on the Bendigo-Ophir gold mine by the expert Panel tasked with deciding the fast-track project.
If the government is set on an LNG terminal, gas users, not electricity users, should pay
Wed 11 Mar 2026
By Christina Hood | COMMENT: It's increasingly clear that the government's narrative of LNG as ‘dry year electricity insurance’ really doesn't stack up.
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.
Tiny, lost and constipated: what a baby turtle told Australian scientists about warming seas
6 Mar 2026
The arrival of loggerheads in New South Wales shows these ‘sentinels of climate change’ are being forced into unknown territory.
The world’s largest climate finance deal was built to flounder: why funding fails to reach the front‑line
6 Mar 2026
Adopted in December 2015, the Paris Agreement commits countries to keeping global temperature rise below 2°C above pre-industrial levels.
Kiwis overly optimistic about state of environment
27 Feb 2026
By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.
‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics
24 Feb 2026
Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?
Todd gets nod to drill first super-critical geothermal well
Thu 12 Mar 2026
By Pattrick Smellie | Todd Energy is to make its sole oil drilling rig available to drill the first exploration well under the government’s $60 million super-critical geothermal resource exploration programme under a ‘preferred supplier’ agreement announced yesterday.
Media round-up
20 Feb 2026
In our round-up of climate coverage in local media: 'Every tonne matters': The climate scientist who wants to give you hope; Minister says managed retreat is an option; and climate change is here – is New Zealand ready?
China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom
25 Feb 2026
China’s grip on rare earths might finally see some competition, and the world is already taking notice.
How falling battery costs are igniting race for round-the-clock solar power
Fri 13 Mar 2026
By combining the solar array with a massive amount of battery capacity, the aim is to store enough power generated during daylight hours so that a minimum of 1 GW of electricity – enough to power between 500,000 and one million homes – is available 24 hours a day, 365 days a year.
Native plant shows promise for tackling `forever chemicals’
Wed 11 Mar 2026
Media release: University of Auckland | One of Aotearoa New Zealand’s taonga plants, harakeke, shows promise as a treatment for removing “forever chemicals” from drinking water.
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.
Claims that AI can help fix climate dismissed as greenwashing
18 Feb 2026
Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report.
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.
NZ EV owners sticking with electric – survey
Wed 11 Mar 2026
Nearly all New Zealand EV owners say they would buy another electric vehicle, according to new research from Consumer NZ.
Summit aims to revive stalled UN talks on phasing out fossil fuels
Wed 11 Mar 2026
Colombia and the Netherlands have set out three priorities for a conference on phasing out fossil fuels they will co-host in Colombia in April.
Infrastructure plan calls for ‘predictable approach’ to electrifying economy
18 Feb 2026
Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.
Global coastal sea-level risks may be underestimated, say scientists
5 Mar 2026
By Shannon Morris-Williams | Coastal communities across the Pacific and Southeast Asia could be facing greater sea-level rise risks than previously estimated, researchers say.
Study finds warming world increases days when weather is prone to fires around the globe
20 Feb 2026
The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a new study shows.
Western Australian communities want mandatory payments from new renewable developments
6 Mar 2026
The West Australian government wants to make new wind and solar farms pay into community funds, but host towns say more work needs to be done to make sure the payments actually happen.
