Topics tagged with 'Emissions trading'
Insolvency threatens Maori forest owners
1 Apr 2008
Some Maori owners of pre-1990 forest land are going to become technically insolvent the day the Government’s emissions trading scheme (ETS) comes into effect, according to the secretary of a Maori incorporation.
EXCLUSIVE INTERVIEW: ‘Conflicts? What conflicts?’ – John Palmer
1 Apr 2008
No conflicts or contradictions over the pending emissions trading scheme (ETS) arise from John Palmer’s chairmanship of both state-owned collier Solid Energy (SE) and mostly-state-owned airline Air New Zealand, he told Carbon News yesterday.
Ground-breaking Swiss-NZ transfer of CERs
1 Apr 2008
A New Zealand carbon trading company and a Swiss developer of carbon assets have achieved a global first by transferring a tranche of secondary market carbon emissions reduction (CER) units between their respective national registries.
Air NZ backs ETS - but wants carbon price cap
1 Apr 2008
Air New Zealand chairman John Palmer can understand the opposition of the International Air Transport Association (IATA) to aviation being included in global emissions trading schemes (ETSs), but agrees New Zealand’s should cover as much of the economy as possible.
ECX enjoys one-day record 5.4m tonnes of EUA and CER trading
1 Apr 2008
The European Climate Exchange (ECX) has recorded its biggest day of screen-based trading volume, with 5,421,000 tonnes of EUAs and CERs traded on the ICE platform.
Latest Round Of UN Climate Talks to push Bali Roadmap to next stage
1 Apr 2008
Five days of United Nations-sponsored climate change talks, drawing 1,000 participants in Bangkok, Thailand, will try pushing forward the so-called “Bali Roadmap”.
Air miles, buy-local campaigns “insidious, sinister”
31 Mar 2008
Air miles and buy-local campaigns are “insidious, even sinister” trade protectionist barriers set up under cover of the battle against climate change, former World Trade Organisation (WTO) director-general Mike Moore told Carbon News.
Wind farmers tilt at gas power for pushing up prices
31 Mar 2008
To say the 90% renewable energy target will be directly responsible for increased electricity prices ignores current electricity price trends, say Fraser Clark, CEO of the New Zealand Wind Energy Association.
Roger Kerr: Saving the Planet Must Not Cost the Earth
31 Mar 2008
By Roger Kerr, Business Roundtable Shortly a select committee of parliament will begin hearings on the bill to implement an emissions trading scheme (ETS).
Forum explores low-carbon futures for local government
31 Mar 2008
“Innovative and forward-thinking councils committed to working on climate change will come together to discuss low-carbon futures for local government at the Communities for Climate Protection®- New Zealand 2008 Forum,” said Diana Shand, National Programme Manager for ICLEI’s Communities for Climate Protection - New Zealand (CCP-NZ) Programme.
Bollard: ETS will add to headline inflation
31 Mar 2008
The introduction of an Emissions Trading Scheme in New Zealand will also add to headline inflation here, Reserve Bank Governor Alan Bollard says in an economic outlook speech.
GDP impact 1%, emissions reduced 20%, big emitters told
28 Mar 2008
The impact of New Zealand’s impending emissions trading scheme (ETS) will be 1% knocked off gross domestic product (GDP) and 20% off greenhouse gas emissions, a confidential briefing of business leaders was told in Wellington on Tuesday night.
Parker says Smith wrong on grand-parenting phase-out
28 Mar 2008
Climate Change Minister David Parker says National spokesperson Nick Smith is wrong to suggest that the European Union (EU) is going to continue grand-parenting its high-emitting industries after 2020.
CARBON NEWS SERIES: Avoiding the major quality gap in emission certification
27 Mar 2008
Carbon News has revealed some companies run the risk of paying well for emissions measurement and certification – and falling short of developing world standards. They could also get stung in ETS emission audits.
Massive emission savings possible with supply chain changes
27 Mar 2008
As New Zealand businesses start measuring emissions and prepare to face a price on carbon, and new whole-of-supply chain carbon footprint concept could save big companies millions.
Call for emissions revenue to fund tax cuts
27 Mar 2008
Australia’s Opposition treasury spokesman last night urged the Kevin Rudd Labor Government to devolve the money it raises from carbon credits onto the states so they can eradicate a raft of inefficient taxes.
Top business speakers appearing at carbon market workshop
27 Mar 2008
Experienced carbon market taders will feature at a Ministry for the Environment and Emissions Trading Group Carbon Markets Workshop in Wellington on April 4.
UK-NZ collaboration on climate change?
27 Mar 2008
The UK Minister for Trade and Investment is expected to provide detail on possible collaboration with New Zealand on climate change issues when he speaks at Auckland on April 4.
A cow of a campaign from the airlines
27 Mar 2008
IATA has launched a campaign opposing airlines' inclusion in the EU emissions trading scheme, on the basis airlines have fewer emissions than cows.
NSW weighs flogging the family silver
27 Mar 2008
A furore over whether New South Wales (NSW) should privatise its mostly coal-fired electricity generation capacity has erupted in the wake of Kevin Rudd’s federal Labor government announcing it will introduce an emissions trading scheme (ETS) in 2010.
Greenpeace turns spotlight on farmers
27 Mar 2008
Greenpeace is demanding New Zealand farmers be brought into the pending New Zealand emissions trading scheme earlier than the scheduled 2013.
NZ emissions trading regulations - what's in store
27 Mar 2008
Officials are working on a range of regulations to implement New Zealand's emissions trading system.
London Brokers plan price data charges
27 Mar 2008
The London Energy Brokers' Association (LEBA) has told Carbon News it will start charging for its market trade data within about two weeks.
The 'official' report on economic impacts of NZ's ETS
27 Mar 2008
As report after report emerges from business-group funded studies on the likely impacts of New Zealand's emissions trading scheme, Carbon news provides a full copy of the Infometric's impact report, commissioned by Treasury's Emissions Trading Group .
Environmental protests knock millions off Solid Energy's bottom line
26 Mar 2008
In a prescient remark, given Greenpeace’s blockage of the bulk coal carrier Hellenic Sea in Lyttelton a few hours later, Solid Energy chairman John Palmer has warned that customer uncertainty over the ETS is “raising the risk profile for the long-term security of Solid Energy’s domestic coal supply business.”
Government needs to define clean coal future
26 Mar 2008
The Greenpeace action at Lyttelton last night will put further pressure on the Government to define the role of coal within the ETS and the wider battle against climate change. By far New Zealand’s biggest known energy resource is the 11 billion tonnes of low-grade lignite coal scattered through a dozen easily-accessible fields in Otago and Southland.
Three pillars to Wong’s emissions policy
26 Mar 2008
The three pillars of reducing emissions, adapting to unavoidable climate change and helping shape a global solution are at the heart of Australia’s greenhouse gas (GHG) policies, Australian Federal Climate Change Minister Penny Wong has told Carbon News.
Now it’s petrol giving the Aussies cold feet
26 Mar 2008
Never mind that the participation of agriculture and forestry in the Australian emissions trading scheme (ETS) looks like being left to the respective industries to decide, land transport may be allowed off the hook too.
First Green Exchange trade features 1000 CERs in 25 futures contracts
26 Mar 2008
Vitol SA, one of the world's largest energy trading firms, and an affiliate of RNK Capital LLC, a private energy and environmental markets investment firm, says the firms have completed the first-ever trade on The Green Exchange™.
Half year loss but Solid Energy forecasts profitability for full year
26 Mar 2008
Energy producer, Solid Energy New Zealand Ltd, has produced a net loss after tax of $2.7 million for the half year ended 31 December 2007.
Kiwi ETS start-up market so small - traders will go international immediately
25 Mar 2008
New Zealand’s carbon trading volume and price will not be affected by the domestic market when the country’s emissions trading system officially opens later this year.
Garnaut bucks Wong’s exclusion of agriculture: wants all permits auctioned
25 Mar 2008
Agriculture and forestry should be included in the Australian emissions trading scheme (ETS) despite Climate Change Minister Penny Wong’s preference for their exclusion, the Australian Federal Government’s principal climate change advisor, Professor Ross Garnaut says.
Millions pour into ag emission reduction research projects
25 Mar 2008
Research into the mitigation of agricultural emissions is the biggest beneficiary of the first $5m allocated by the Government under its Plan of Action for Sustainable Land Management and Climate Change.
Cut company tax to 25%, Aussies plead
25 Mar 2008
A 5% cut in the company tax rate is being demanded by lobbyist Australian Industry Group (AIG) to cushion business from the financial impact of the emissions trading scheme (ETS) that Kevin Rudd’s Australian Labor Government intends implementing in 2010.
FULL VERSION: Discussion paper on the Australian Emissions Trading Scheme
25 Mar 2008
The Garnaut Climate Change Review has released its ETS discussion paper, which looks at which industries should be included in Australia's ETS, and issues like recycling revenue from the sale of emission permits.
Self-assessment the Kiwi ETS maxim
20 Mar 2008
A CARBON NEWS INQUIRY SERIES - By Hugh de Lacy: Don’t wait around for the Government to impose overseas standards on carbon assessment and verification: self-assessment is the core theme in the New Zealand emissions trading scheme (ETS), according to Dave Brash, general manager of the Treasury’s Emissions Trading Group.
BNZ’s Alexander on NZ ETS: “We’ve got to pull finger”
20 Mar 2008
New Zealand needs to “pull its finger out” on an emissions trading scheme (ETS) before it’s overtaken by Australia, or the Europeans start using theirs as a trade barrier.
American ETS cost estimates parallel New Zealand’s
20 Mar 2008
New Zealand seems to be pretty much on the button when it comes to forecasting the costs of its emissions trading scheme (ETS), to judge from the Environmental Protection Agency’s (EPA) guesstimate of the United States model.
"Energy Forests" could meet all future NZ transport and heat needs
20 Mar 2008
Purpose-grown energy forests if planted today could meet all of New Zealand's future transport fuel and heat energy needs, without threatening the country's important agricultural industry, according to a study completed by Crown Research Institute, Scion.
Official timetable for introducing Australia's ETS
20 Mar 2008
Here is the official timetable for developing and introducing Australia's greenhouse gas cap and trade scheme.
The full bill: Climate Change (Emissions Trading and Renewable Preference)
20 Mar 2008
As a service to subscribers, Carbon News provides a full copy of the Climate Change (emissions Trading and Renewable Preference) Bill
Hansard debate record on the first reading of the NZ ETS bill
20 Mar 2008
As a service to subscribers, the Hansard report on the introduction of the bill proposing to introduce emissions trading in new Zealand, and ban new non-baseload thermal generation for 10 years can be viewed here (http://www.parliament.nz/en-NZ/PB/Debates/Debates/d/f/2/48HansD_20071212_00000817-Climate-Change-Emissions-Trading-and-Renewable.htm)
ETS briefing: the digest provided to MPs
20 Mar 2008
As a service to subscribers, Carbon news attaches (../../attachments/docs/bill-digest-1587climatechangeemissionstrading1.pdf) the Digest briefing provided to MPs on the Climate Change (Emissions Trading and Renewable Preference) Bill.
No swerving from ETS – Cullen
19 Mar 2008
Finance Minister Dr Michael Cullen's office says he is adamant the global economic downturn will not deflect the Government from its decision to introduce an emissions trading scheme (ETS) this year.
Could Clark deliver a personal climate change tax credit?
19 Mar 2008
Could the Clark Government come up with a one-off cash Climate Action Dividend in this year’s Budget, to offset higher costs people will face to pay for its climate change measures?
MAJOR NEW EPA REPORT: Emissions trading will cut emissions 56%, won't damage economy
19 Mar 2008
A United States' Environmental Protection Agency's report into the impact of the front-running Senate bill - introduce an emissions trading - says it will cut GDP by 1% only by 2030 - but see emissions fall 56% by 2050.
Deforestation in 2007 exceeds Anderton’s expectations
19 Mar 2008
The rush to change land use before the forestry industry came under the emissions trading scheme (ETS) resulted in far more trees being cut down and not replaced than the Government expected.
Smith: Chainsaw massacre continues unabated
19 Mar 2008
Figures released on deforestation are nothing short of an environmental disaster, says National's Climate Change spokesman, Dr Nick Smith.
Nitrification inhibitors critical to clean dairying
19 Mar 2008
If every one of the country’s 5000-odd dairy farmers were to spray their pastures with Ravensdown’s Eco-N, nitrous oxide emissions from all of New Zealand’s pastoral farming would be cut to below 1990 levels, the company says.
CARBON NEWS FORUM: BP Chief Executive - Action needed now to smooth transition to low carbon economy
19 Mar 2008
"Across the world we're at an inflection point as far as the future energy mix is concerned. If we act now to develop sustainable regulatory and fiscal structures, we will be able to smooth the transition to a lower carbon economy of the future. If we wait, then that transition could be very difficult indeed" said BP chief executive Tony Hayward at the Third International Renewables Energy Conference.
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'.
