Topics tagged with 'Emissions trading'
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.
Forestry, agriculture may not be in Aussie ETS
18 Mar 2008
Agriculture and forestry may be dumped in the too-hard basket by new Labor Government Climate Change Minister Penny Wong, who yesterday announced a timetable for Australia to launch an emissions trading scheme (ETS).
TZ1 trading platform ready, registry launches April
18 Mar 2008
NZX carbon trading subsidiary chief executive Mark Franklin says TZ1’s market platform is ready to operate.
Key backs ETS – with balance
18 Mar 2008
Opposition Leader John Key says his party supports the proposed New Zealand emissions trading system, describing it as “a good model, market-based, it works”. He also talked of further reforming the planning laws so renewable energy projects could proceed.
FRANKLIN SPECIAL INTERVIEW: US well down the climate track
18 Mar 2008
Climate change hold-out the United States might not rush to follow Australia into ratifying the Kyoto Protocol, but behind the scenes it’s moving quickly to legislate for something similar.
Forestry offsetting gains "overwhelming" support
18 Mar 2008
The Flexible Land Use Alliance (FLUA) says it now has "overwhelming" support for a foresty offset scheme in both Parliament and the finance and expenditure select committee now that the National Party has got in behind it.
Business leader says to trust prices to look after the environment
18 Mar 2008
Businesses should reinforce their belief in the power of markets to put a price on carbon and take care of the environment.
EXCLUSIVE: Government to plead for forest off-setting option
17 Mar 2008
The Government will plead with its Kyoto Protocol partners to introduce forest offsetting to the rules covering the second commitment period from 2012 to 2025, but its chances of success are remote, a well-placed source has told Carbon News.
Business wants New Zealand to go nuclear on emission credits
17 Mar 2008
Businesses being required to enter New Zealand’s emissions trading scheme want to be able to trade nuclear-sourced emissions credits.
EXCLUSIVE PROFILE: The young millionnaire behind Green Carbon
17 Mar 2008
By Hugh de Lacy - The trauma of an 11-year-old only child seeing his parents all but ruined by the 1987 sharemarket crash is what drove Seeby Woodhouse into a hugely successful entrepreneurial career.
MPs on track to get emissions bill back to House June 10
17 Mar 2008
Parliamentary Finance and Expenditure select committee hearings on the Climate Change (Emissions Trading and Renewable Preference) Bill get underway on April 2.
Calculate your deforestation liability
17 Mar 2008
The ValueADD Company has launched an online interactive calculator to determine carbon liabilities for de-foresting pre-1990 land. Some of the liabilities are significant.
New OTC contracts launched
17 Mar 2008
LCH.Clearnet and the London Energy Brokers’ Association (LEBA) on February 29 launched their OTC cleared Carbon EUA and CER contracts.
Emissions trading bill backed – but with major safeguard reviews from 2012
17 Mar 2008
The New Zealand Business Council for Sustainable Development says it will back the Government’s move to introduce an emissions trading system.
EU e-affirms 20% GHG cut by 2020, new energy source goals
17 Mar 2008
European Union countries agreed at a two day summit, ending Saturday NZ time, to climate change goals that include cutting greenhouse emissions by 20 percent from 1990 levels by 2020.
First climate change futures exchange going live in Canda
17 Mar 2008
The Montreal Climate Exchange (MCeX), a joint venture of the Montreal Exchange (MX) and the Chicago Climate Exchange(R) (CCX), announced it plans to launch trading of futures contracts on Canada carbon dioxide equivalent (CO2e) units on May 30, 2008, subject to regulatory approval.
Agricultural emission rumours discounted
16 Mar 2008
Rumours of a massive under-estimation of the level of greenhouse gases (GHG) emitted by agriculture in New Zealand appear to be unfounded, with the Ministry of Agriculture and Forestry (MAF) suggesting 50ha of exotic plantation will be enough to offset the emissions of a 500ha hill-country farm.
Corporate tax group's views on treatment of New Zealand emission trading units
12 Mar 2008
Inland Revenue is being asked to clarify how emissions trading units, used in the coming New Zealand emissions trading scheme, will be treated. This paper prepared by Deloitte for the Corporate Tax Group (representing 32 major corporations) and submitted to the IRD, sets out the issues – and proposed solutions in how ETUs should be treated for tax purposes.
Climate Change natural - unstoppable
12 Mar 2008
By Dr Muriel Newman, Director NZ Centre for Political Research www.nzcpr.com (http://www.nzcpr.com/). I have just returned from an historic meeting of more than 500 people from around the world who gathered in New York to address the question of whether man-made global warming is really threatening the future existence of our planet.
Global Carbon Credits: Act to avoid carbon tax
12 Mar 2008
Press Release: Global Carbon Credits Ltd. Thursday, 13 March 2008 From The Office of Ross Garrick, Managing Director. In response to recent media attention on the topic of Carbon Credits and the New Zealand Emission Trading Scheme. We at Global Carbon Credits Ltd. (G.C.C) would like to make it known that we have already signed contracts with landowners in N.Z. to assess, manage and market the carbon offset potential of their land.
Rabobank's annual Ag report: fine balance needed on climate change
12 Mar 2008
Given New Zealand’s exposure to global agricultural commodity markets, any loss of international competitiveness as a result of the new scheme would be damaging, according to report co-author and Rabobank head of Food and Agribusiness Research and Advisory, Bill Cordingley.
Politicians need to ‘get over themselves’ to reduce emissions
Fri 24 Jul 2026
New Zealand needs to face up to two big areas of climate emissions: transport and agriculture, says climate policy expert Bronwyn Hayward.
Greens promise to take forestry out of the ETS
Mon 27 Jul 2026
The Green Party launched its election manifesto at its AGM yesterday, promising action to reduce climate pollution and boost resilience, with an emphasis on Emissions Trading Scheme reform.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Media round-up
9 Jul 2026
In our round-up of climate coverage in local media: The Government re-wrote fast-track law after mining companies pushed for change; costs from inland flooding are expected to rise by up to 53% by 2075; and is there such a thing as a sustainable tourist?
National deer management strategy urgently needed to halt 'catastrophe' for native forests
Mon 27 Jul 2026
Scientists are calling for an urgent national deer management strategy, with deer numbers now at unsustainable levels and decimating native forests.
Biomass can free-up electrons to perform higher value roles – with multiple other benefits
Fri 24 Jul 2026
By Rob Mallinson | OPINION: New Zealand’s energy debate too often treats electricity as the universal solution.
Govt should bin draft voluntary market assurance and start again – expert
Fri 24 Jul 2026
By Liz Kivi | The Government is consulting on its criteria for endorsing domestic nature and carbon markets, however market experts say the draft document falls short of what is needed to support trust in the market and stop low-integrity credits being sold.
This El Niño is set to be the largest on record by a ‘mind-blowing margin’
Mon 27 Jul 2026
Forecasters predict that the monster climate pattern will combine with global warming to push global temperatures in 2027 to new heights.
Red Stag boss questions $60m cement support as timber ETS reforms stall
Thu 23 Jul 2026
By Oli Lewis | The Government has granted $60 million to an emissions-intensive industry while dragging its feet on a proposal to allow firms making harvested wood products to earn carbon credits in the Emissions Trading Scheme, an industry leader says.
Coal is back in Australian Super’s portfolio. What happened to that net zero pledge?
13 Jul 2026
In 2020 Australia’s biggest super fund dumped its Whitehaven shares. Fast forward to 2026 and it is now the coalminer’s single biggest investor.
Politicians need to lead on climate: Carr
30 Jun 2026
As the election campaign heats up, former Climate Change Commission chair Rod Carr has a list of actions he's hoping to see from our aspiring leaders, which includes confronting climate denial as well as refusing funds or policy advice from vested interests.
EMA pushes for steady hand on energy and regulation
13 Jul 2026
By Shannon Morris-Williams | The Employers and Manufacturers Association wants the next government to commit to a long-term energy plan and allow faster investment in renewable generation, at the same time as slowing the pace of policy change and providing businesses with greater certainty.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Contact: New biodiversity goal may be 'highly problematic' for renewable projects
Fri 24 Jul 2026
By Oli Lewis | The goal of no net loss of indigenous biodiversity in the new resource management system may be highly problematic for renewable energy developments, Contact Energy says.
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 change exacerbating drought across Europe, scientists say
Mon 27 Jul 2026
Climate change is exacerbating drought this year in Europe as extreme heat evaporates water supplies, scientists said in an analysis published on Thursday, after low water levels disrupted shipping, farming and industries in countries including Romania and Greece.
Tarakihi on verge of extinction: Stock collapse exposes major fisheries management failings
3 Jul 2026
Media release: Environmental Defence Society | Fisheries NZ is consulting on new sustainability measures for the country’s two tarakihi stocks.
Media round-up
Fri 24 Jul 2026
In our round-up of climate coverage in local media: Labour leader Chris Hipkins floats the idea of a carbon border tax; two-way charging between the garage and the grid will slash power bills; and cost isn't everything when it comes to rooftop solar.
West Africa signs off $25bn mega gas-pipeline plan
Wed 22 Jul 2026
One of Africa's most ambitious energy infrastructure projects has finally been signed off at the highest level, with West African leaders formally endorsing the long-awaited Nigeria-Morocco Atlantic Gas Pipeline.
$3m Govt boost for Tauranga geothermal energy
14 Jul 2026
By Liz Kivi | Resources Minister Shane Jones has announced a $3 million grant for the Gas to Geoheat Tauranga Geothermal System Project as part of the Government's plan to double geothermal energy by 2040.
Will new UK PM’s green measures at home cause climate finance pain overseas?
Thu 23 Jul 2026
Andy Burnham will cut bus fares and household electricity tax in a boost for UK climate action – but this will be funded partly by switching international climate finance from grants to loans.
The thriving coral reef that ‘defeated time’ in West Africa
Wed 22 Jul 2026
A 60-year mystery has been solved as researchers discover a coral ecosystem on the Benin-Togo continental shelf that is still teeming with marine life.
‘Master class in greenwash’ as Ottawa unveils CCS deal
20 Jul 2026
A multi-billion-dollar plan to transport and store greenhouse gas emissions from Canada’s emissions-intensive oil sands has received a major boost, even though the highly-touted deal between Ottawa, Alberta, and the five oil major sands companies will only capture a tiny fraction of the oil sands’ climate pollution.
Lake Onslow pumped hydro consortium secures funding for consent push
26 Jun 2026
By Oli Lewis | The consortium behind Lake Onslow pumped hydro has secured funding to finalise its resource consent application, aiming to lodge it under the fast-track process before 2027.
Groundbreaking steel startup cuts production time while slashing emissions
Mon 27 Jul 2026
Startup CullBeck has raised a record $20 million to commercialise its new ironmaking technology, which replaces coal with hydrogen to eliminate carbon emissions from one of the world's most emissions-intensive industries.
Climate change keeps adding to the list of uninsurable assets, Allianz executive says
Fri 24 Jul 2026
Extreme weather events — such as the heat wave that just hit Europe — are making more and more assets too risky to insure, according to a director at Europe’s largest primary insurer.
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.
Greenpeace launches legal challenge against US$2.5bn expansion by Premier Beehive parent company JBS
Thu 23 Jul 2026
Media release | Greenpeace Netherlands has petitioned a Dutch court seeking to compel the world’s largest meat company JBS, to disclose information, in order to challenge its business policies in court. This includes its planned US$ 6 billion global expansion, of which almost half is earmarked for Nigeria.
NZ at risk of missing all its climate goals: Commission
Wed 22 Jul 2026
By Liz Kivi | Aotearoa New Zealand’s rate of emissions reduction needs to more than double, with progress stalling since 2024 after the Coalition Government took power, according to the latest report from the Climate Change Commission.
Planetary Facts dashboard aims to make environmental costs visible
15 Jul 2026
By Shannon Morris-Williams | Consumers can now compare the environmental impacts of everyday products with a new online dashboard designed to do for sustainability what nutrition labels have long done for food.
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
UN chief says fossil fuel industry must cut methane for warming “relief”
25 Jun 2026
UN chief António Guterres called for stronger action to cut emissions of planet-heating methane, taking aim at the fossil fuel industry’s practices and profits, and pointing to coal, oil and gas as the root of today’s climate and energy crises.
What’s next for Sams Creek after failed mining bid?
15 Jul 2026
Max Frethey, Local Democracy Reporter | A controversial gold mining application at Sams Creek has been declined, leaving question marks hanging over the future of the land.
‘I can’t work in the farce of climate change cruise tourism anymore’: why Antarctic guides quit their dream jobs
Wed 22 Jul 2026
“You’d see massive glacier calvings, and you’d just want to cry. But all the guests would be cheering. And you’d be like … ‘can you not put two and two together?’”
Panama Canal braces for El Niño, announcing first transit restrictions
Fri 24 Jul 2026
The probability of a severe El Nino has risen from 25% to 81% and the Panama Canal is preparing to restrict transits.
NZ First promises $1 billion for offshore oil and gas
20 Jul 2026
By Liz Kivi | New Zealand First wants to “drill baby drill,” and has made an election campaign promise of $1 billion to survey New Zealand’s offshore basins to extract oil and gas, in an announcement at the party’s campaign launch on Sunday.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
UN plastics pact talks restart amid fears production curbs will be left out
2 Jul 2026
Diplomats reconvene a year after negotiations collapsed, but campaigners fear the agenda risks burying tricky discussions on key elements.
Greens bill aims to keep supermarket food out of landfill
Mon 27 Jul 2026
By Shannon Morris-Williams | The Green Party has introduced a member's bill that would require New Zealand's largest supermarkets to donate edible surplus food to food rescue organisations instead of sending it to landfill, saying the move would reduce waste, cut emissions and help tackle food insecurity.
Northern Thai residents march for action on polluted rivers. ‘This is an emergency’
9 Jun 2026
More than 600 residents of Chiang Mai and Chiang Rai provinces embarked May 31 on a roughly 68-kilometer, six-day ‘peace walk’ to demand the Thai government take action on the river pollution crisis that has seen Thai rivers polluted with heavy metals.
Swarbrick slams $50m critical minerals funding as 'Trump's war machine' subsidy
7 Jul 2026
By Shannon Morris-Williams | The Green Party has criticised the Government's investment into two West Coast critical minerals projects, claiming the funding could ultimately support the United States defence industry rather than New Zealand's clean energy transition, while Shane Jones dismissed opponents as "flat earth idiots".
China solar exports to South, Southeast Asia and Africa rise despite post-rebate slump
Wed 22 Jul 2026
China's solar exports to Southeast and South Asia as well as Africa rose year-over-year in June, customs data showed on Monday, though overall solar exports slipped for a second month after China removed an export tax rebate.
Resource management Bills 'not yet ready to be enacted', says Upton
Wed 22 Jul 2026
By Oli Lewis | The two Bills to replace the Resource Management Act are not ready to be enacted and there is no way of knowing how they will affect the environment, the Parliamentary Commissioner for the Environment says.
Turning waste into climate-resilient soils for communities
Fri 24 Jul 2026
Media release: University of Canterbury | Christchurch’s Red Zone is being used as a test bed to see whether biological wastes (biowastes) can help transform contaminated soil into climate-resilient soil.
Green Party takes ‘electric election’ up a notch
21 Jul 2026
By Liz Kivi | The Green Party is promising to cut power bills and establish a publicly owned company, ‘Kiwipower,’ to deliver affordable renewable energy.
Carbon trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
Big tech joins big oil in ruining summer
20 Jul 2026
The industry has abandoned its climate pledges in favor of fossil fuel-powered AI data centers.
'Shocking' changes to RMA replacement further weakens environmental protections –EDS
21 Jul 2026
By Shannon Morris-Williams | The select committee's report back on bills to replace the Resource Management Act fails to address the Environmental Defence Society's "massive concerns" with the legislation.
How e-scooter company Lime cut its supply chain emissions
Fri 24 Jul 2026
The company’s latest sustainability report, shared exclusively with Heatmap, shows that carbon intensity per kilometer traveled has dropped 81% since 2019.
Experts call on Govt to withdraw ‘repugnant’ legislation to block climate lawsuits
13 Jul 2026
By Liz Kivi | Lawyers and climate policy experts are calling on the Government to withdraw legislation intended to block climate lawsuits, with an adaptation expert arguing that the legislation could worsen the insurance protection gap.
New funding round opens for Auckland zero waste projects – $500k available
Fri 24 Jul 2026
Media release | Auckland Council is inviting applications for the 2026 Waste Minimisation and Innovation Fund (WMIF) with $500,000 available to support projects that reduce waste and increase recycling and reuse to help achieve Auckland’s goal of zero waste by 2040.
Greens announce water policy, including nitrogen fertiliser phase-out
7 Jul 2026
By Liz Kivi | The Green Party announced its water policy yesterday, promising to phase out synthetic nitrogen fertiliser, as well as destructive fishing methods, if the party is elected in November.
Trump blames Canada for wildfire smoke affecting US
21 Jul 2026
A series of Republican “leaders” have started producing angry denunciations of Canada for polluting America’s air with their "thoughtless" fires.
Faster consenting, harder trade-offs
7 Jul 2026
Faster consenting is starting to produce results, but this week's decisions show speed has not removed the harder trade-offs around electricity security, conservation, ecology and climate liability.
