Topics tagged with 'Energy'
BILL HEARINGS - NZ ETS "toughest and potentially most expensive" in the world:
3 Apr 2008
New Zealand’s proposed emissions trading scheme is the toughest and potentially most expensive in the world, according to the Greenhouse Policy Coalition.
A slippery sort of "come out of the closet day" of climate change politics
3 Apr 2008
While the select committee opened up its hearings on the climate change bill at Parliament yesterday, senior Ministers launched a fusillade of statements questioning National’s position on climate change, including trying to get some “slippery” mud to stick to John Key.
Carbon scams and wild west standards ‘put commodity markets at risk’
3 Apr 2008
The fast-growing carbon emissions market is posing risks to other global commodity markets, especially electricity and gas, according to the United Kingdom’s Financial Services Authority.
Major CO2 storage project launches, brightens future for coal use
3 Apr 2008
The first carbon dioxide storage project in the Southern Hemisphere, in which Solid Energy is a major investor and founding member, was launched yesterday in south west Victoria, Australia.
Report: Carbon tariffs on China could drive industry back to US
3 Apr 2008
Imposing carbon tariffs on China could drive some manufacturers back to North America, according to a new CIBC Coming Home.
GHGPC: Emissions Trading - at what cost?
3 Apr 2008
In a presentation to the Finance and Expenditure Select Committee hearing submissions on the Climate Change (Emissions Trading and Renewable Preference) Bill, the Greenhouse Policy coalition, representing the energy intensive sector, had the following to say.
Greens won't back off ban on new thermal baseload power
2 Apr 2008
Green Party co-leader Jeanette Fitzsimons has told Carbon News she will not back off a proposed 10 year ban on new baseload thermal power generation.
No timeframe on exploiting southern lignite fields
2 Apr 2008
Solid Energy (SE) is going to use its huge Otago-Southland lignite coal resource eventually – it’s just not sure when, according to the state-owned collier’s chairman, John Palmer.
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.
Aquaflow makes crucial algae biofuel breakthroughs
1 Apr 2008
Two further major breakthroughs have been achieved by Blenheim-based Aquaflow Bionomic Corporation which has been working on world-leading technology to convert wild algae to biofuel.
Mighty River Power committed to new geothermal development
1 Apr 2008
Mighty River Power Chair Carole Durbin has announced her board's commitment to support a new $450 million geothermal development proposed at Rotokawa, north of Taupo, with the final decision subject to completion of procurement contracts.
No need for NZ to drag feet on biofuels
1 Apr 2008
New Zealand shouldn’t delay bringing in biofuel sales obligations and miss out on cutting greenhouse gas emissions by reducing the use of fossil fuels says a major potential investor.
Solar industries welcome National subsidy boost
1 Apr 2008
The Solar Industries Association welcomes the possibility of increased support for solar water heating as announced by the Hon Dr Nick Smith MP, National Party Climate Change Spokesman.
Skids under government’s bio-fuels mandate
31 Mar 2008
It looks increasingly likely that the Labour-led Government’s mandate for petrol and diesel to contain 3.4% of bio-ingredients from July 1 will be shelved – possibly for as long as it takes to develop second-generation bio-fuels.
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.
Bio-fuels threaten food catastrophe
31 Mar 2008
The world is now just two years away from a food catastrophe caused in part by diversion of land-use to feed cars rather than people, according to a leading Indian academic.
Australia leads way in sea-bed carbon storage
31 Mar 2008
Australia, a new convert to climate change environmentalism, hopes to lead the world in establishing a regulated carbon capture and storage regime, with the sea-bed being the key storage site.
International biofuels and electric vehicles experts speaking at Wellington
31 Mar 2008
Six international speakers will join local experts to discuss the future of biofuels and electric vehicles in New Zealand at a conference in Wellington on Wednesday (April 2).
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.
Solar water heating grant to double under National
31 Mar 2008
A future National Government would introduce a $1,000 per household solar water heating grant and simplify the complex building consent rules for solar water heating in order to double the number of systems, says National's Climate Change spokesman, Nick Smith.
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.
Wraps off sequestration prototype
28 Mar 2008
The wraps are at last about to come off state-owned collier Solid Energy’s much-vaunted investment in carbon dioxide underground sequestration research.
Posnett defends bio-fuels' New Zealand role
28 Mar 2008
“A piece of legislation” is all that’s required to give bio-fuels a sustainable role in the New Zealand transport fuel mix, according to Dickon Posnett, the chairman of the newly-formed New Zealand Bio-fuels Manufacturers’ Association (BMA).
Thermal ban to send power bills soaring
28 Mar 2008
Power shortages, and energy bills soaring 50%, will be the outcome of the Government’s 10-year ban on new fossil fuel electricity generation plants, the Petroleum Exporting and Production Association of New Zealand (PEPANZ) said yesterday.
Thermal ban "will cost consumers $750m"
28 Mar 2008
The government’s moratorium on new thermal power generation will add $750m a year to power bills, the executive director of the Major Electricity Users Group, Ralph Mathes, said yesterday.
Minister of Energy rejects gas lobby claims
28 Mar 2008
Energy Minister David Parker says the oil and gas industry claim that renewable electricity will be more expensive than the gas fired electricity future the gas industry prefers is wrong.
Right-Wing Council's Agenda is to Deny Climate Change
28 Mar 2008
City Vision-Labour Councillors are dismayed but unsurprised that Auckland's right-wing Citizens and Ratepayers (C&R) Council has done a U-turn on climate change by systematically removing progressive actions and programmes initiated by the last Council from Dick Hubbard's Mayoral Taskforce on Sustainability.
Unreliable renewable generation contributes to high spot prices
28 Mar 2008
“The flaws in the policy to ban new thermal power stations are being graphically illustrated by current high electricity spot prices,” said Ralph Matthes, Executive Director of the Major Electricity Users’ Group (MEUG).
Solid Energy records further improvement in environmental performance
28 Mar 2008
Solid Energy has published its 2007 Environmental Report reporting that for the second year in a row, the company has met its overall policy objective of having a net positive effect on the New Zealand environment. The overall improvement for the year to 30 June 2007 was 6.6% [1].
Cuba: Energy Program Saves One Million Tons of Oil in One Year
28 Mar 2008
Ciego de Avila, Cuba, March 25 (acn) -- Cuba saved nearly one million tons of oil in the period between 2006 and 2007, which translated into 400 million dollars, as a result of the ongoing nationwide energy program, known here as Energy Revolution.
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.
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.
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.
Now it's spot the cars with stars
27 Mar 2008
Car buyers wanting to save money on their fuel bills will find it easier to choose a vehicle that goes further on a full tank, as a result of new fuel efficiency labels.
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.
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.
Lockwood Launches EcoSmart Home
26 Mar 2008
New Zealand building company Lockwood has launched a new range of EcoSmart homes, saying it wants to address increasing concerns about climate change and the impact building and construction has on the environment.
Transpower announces half-year result - operating surplus down $23.6m
26 Mar 2008
Transpower, the owner and operator of the national electricity grid, made good progress on planning and implementing necessary investment in the grid during the six months ending 31 December 2007.
Meridian half-year profit $94 million - $175 million special dividend
26 Mar 2008
Meridian has reported a half-year after-tax result of $93.7 million for the six months ended 31 December 2007, compared with a restated profit of $116.6 million for the same period a year earlier.
Greenpeace occupies coal ship; calls for real action on climate change
26 Mar 2008
Greenpeace ship the Rainbow Warrior has blocked a shipment of export coal from leaving the Port of Lyttelton.
US Air Force goes supersonic on synthetic fuel
26 Mar 2008
While New Zealand waits for Air New Zealand to announce its bio fuel flight trials, a B-1B Lancer from the 9th Bomb Squadron at Dyess Air Force base recently became the first Air Force aircraft to fly at supersonic speed using an alternate fuel, the Air Force News Agency reports.
New network launches to accelerate climate change investments
26 Mar 2008
Yesterday saw the official launch of a global network mobilizing and accelerating investments to tackle climate change at http://www.climatecapital.net (http://www.climatecapital.net/).
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.
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.
Biggest US emissions rise in nine years
25 Mar 2008
The biggest hike in nine years in United States greenhouse gas emissions from electricity generation occurred in 2007, a new analysis from the independent Environmental Integrity Project suggests.
Kelpie Wilson: The Rising Price of Coal
25 Mar 2008
By Kelpie Wilson, truthout Environment Editor. As the global energy/climate crisis deepens, coal has become the starkest symbol and most telling measure of our predicament.
Huntly sends electricity emissions into nosedive
20 Mar 2008
Genesis Energy’s new e3p combined-cycle gas turbine at Huntly slashed electricity generation emissions 10% in the 2007 December quarter compared to the same period in 2006, even though total thermal generation jumped 17%.
Urban rewilding combats global biodiversity decline
Wed 28 May 2025
Media release | A new study led by the University of Sydney reveals how cities around the world are restoring wildlife to their former habitats in the face of ongoing urban sprawl.
US dairy farmers consider return on climate-smart milk
22 May 2025
The approach is just one of many dairy practices now considered “climate-smart” because they could cut production of climate-warming gases.
Greenwashing is rife in Australia, but could its days be numbered?
Wed 28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Govt's RMA overhaul sparks fears for nature and climate
Fri 30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
Govt mulls status quo for ETS auction settings
Thu 29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
Pacific Island nations support China's Taiwan claims at high-profile foreign ministers' meeting
Fri 30 May 2025
Pacific nations have backed China's claim over Taiwan during a high-profile meeting, but have shied away from directly endorsing Beijing's push to "reunify" the democratically ruled island with the mainland.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
Fri 30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Owning a green home could cut mortgage payback time by two years
9 May 2025
A green certified home plus a green mortgage and associated energy bill savings could save Kiwi families up to $98,800 over the course of their mortgage - the equivalent of being mortgage-free several years early, according to new research.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
Watts talks big on energy reform, but barriers persist
Thu 29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Glacier collapse buries most of Swiss village
Fri 30 May 2025
The Swiss village of Blatten has been partially destroyed after a huge chunk of glacier crashed down into the valley.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Water crisis on the horizon?
26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Why expensive gas – not net-zero – is keeping UK electricity prices so high
Wed 28 May 2025
The UK’s high electricity prices have become intensely political, with competing claims over the cause of rocketing bills and how best to get them down.
Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk
2 Apr 2025
By David Dempsey, University of Canterbury | New Zealand’s North Island features a number of geothermal systems, several of which are used to generate some 1,000 MegaWatts of electricity. But deeper down there may be even more potential.
Electrification challenge for politicians, regulators
27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
Fri 30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
While govt ‘refreshes’ fund for low carbon trucks, are transport emissions set to accelerate?
Wed 28 May 2025
By Liz Kivi | The government has announced it is updating the Low Emissions Heavy Vehicle Fund, however cuts to funds to decarbonise transport in last week’s budget, and potential changes to road user charges, could stall transport emissions reductions.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Kiwi cleantech companies on the world stage
27 May 2025
Six New Zealand 'cleantech' companies were in Singapore earlier this month, along with a venture capital firm and the MacDiarmid Institute, to meet investors and multinational partners.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
New research reveals NZ’s natural resource footprint
Thu 29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
World’s nations to gather in France to tackle what UN says is a global emergency in the oceans
Fri 30 May 2025
The world’s nations are gathering in France next month to tackle what the United Nations calls a global emergency facing the world’s oceans as they confront rising temperatures, plastic pollution choking marine life, and relentless overexploitation of fish and other resources.
Europe’s next climate target may already have been agreed in Berlin
Wed 28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Warm water affecting Antarctica’s largest ice shelf - new research
22 Apr 2025
While Antarctica’s Ross Ice Shelf is currently stable, new research shows warm water is reaching up to 170 kilometres under the front of the ice shelf.
NZ's first chance in 20 years to catch up on waste
Fri 30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
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.
For the first time, China invests more in wind and solar than coal overseas
Thu 29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
A fungus that can ‘eat you from the inside out’ could spread as the world heats up
27 May 2025
Infection-causing fungi responsible for millions of deaths a year will spread significantly to new regions as the planet heats up, new research predicts — and the world is not prepared.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
More than 1 in 4 cars sold globally in 2025 expected to be EV: IEA report
26 May 2025
According to the Global EV Outlook 2025 report from the International Energy Agency (IEA), 2025 is set to be big for EV sales. The report predicts that about one in four cars sold worldwide this year will be electric, despite overall market uncertainties.
Brazil seeks early deals on two stalled issues at Bonn climate talks
26 May 2025
Moving forward work on just transition and implementing recommendations from the Global Stocktake of climate progress are key priorities for upcoming UN negotiations.
Global sea levels rise spelling catastrophe for coastal towns and cities
14 May 2025
For around 2,000 years, global sea levels varied little. That changed in the 20th century. They started rising and have not stopped since — and the pace is accelerating.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
NZ moving too slowly to decarbonise – former commission chair
22 May 2025
By Liz Kivi | New Zealand's energy transition is too slow and too controlled by vested interests, according to former Climate Change Commission chair Rod Carr.
