Topics tagged with 'Energy'
NZ Oil and Gas reports higher production
5 Sep 2023
New Zealand Oil & Gas reported a $19.1 million net profit after tax for the year to June 30, down from the previous year’s $25.7m, reflecting spending associated with increasing oil and gas production.
IMF warns NZ at risk of failing international emissions obligations
29 Aug 2023
The International Monetary Fund says New Zealand must do more to meet its Nationally Determined Contribution (NDC) for 2030, and is off track to meet its international obligations.
Govt cuts more than $200 million from climate funds to “tighten belts”
29 Aug 2023
The government is slashing funding to climate emissions reduction programmes as part of “belt tightening” measures, with more than $235 million in cuts to projects planned to reduce emissions.
Green Party announces climate adaptation fund
28 Aug 2023
The Green Party has announced a $750 million fund for councils to put in place nature-based solutions, aiming to cut emissions and protect communities from climate change impacts.
Solar promises slowly rise
28 Aug 2023
After much talk and numerous announcements and re-announcements, it appears some grid-scale solar farms are finally nearing completion and others crawling closer to starting.
Bird of the Century? We have a suggestion
28 Aug 2023
With aviation emissions ramping up post-Covid, two climate policy experts are nominating a new species as "Bird of the Century": the jet aircraft.
Analysts predict carbon price will hit $140 by 2050
25 Aug 2023
Analysts are predicting the spot price of NZUs will rise to $150 by 2050 - a level they say will negatively affect some of New Zealand’s big energy gentailers and encourage behavioural change from carbon polluters.
Best by the rest...
25 Aug 2023
Is carbon forestry pushing farm prices out of reach? Auckland’s cyclone recovery funding deal; and why sustainability shouldn’t be just an afterthought in space exploration.
Greens slam govt’s transport plan as prioritising roads over climate
18 Aug 2023
The Green Party has slammed the government’s $20 billion transport plan, announced yesterday, saying the decision to prioritise new roads shows the Labour Party is not serious about climate change.
Renewables at record high - MBIE
18 Aug 2023
Eighty-seven per cent of electricity generated over 2022 came from renewable sources, while total energy supply from renewables reached 44% - a record high according to the Ministry of Business, Innovation and Employment (MBIE).
Govt co-funding $33 million to cut industrial emissions
16 Aug 2023
The government has announced its latest round of co-funding for industry to cut emissions, with a $33.3 million investment aiming to reduce carbon emissions by 67,300 tonnes every year.
Hydrogen summit coming to Wellington
15 Aug 2023
New Zealand’s second international hydrogen summit, in Wellington next month, will feature international speakers representing global shipping and aviation.
Green Party announces new policy to slash energy bills and carbon emissions
14 Aug 2023
The Green Party has announced a new policy it says will save households up to $1,200 on energy bills every year and slash carbon emissions.
Electricity markets paper brings back some old ideas
14 Aug 2023
Radical electricity market reforms including the separation of the major gentailers and the creation of a single buyer are two of the many, many options put forward in one of the Government's Energy Strategy consultation papers.
Govt launches consultation on five areas of energy transition policy
10 Aug 2023
The Government has launched consultation on New Zealand's transition towards a low emissions economy, with five streams of energy policy out for feedback.
Meeting the long-term climate threat takes more than private investment – 10 ways NZ can be smart and strategic
10 Aug 2023
By Kevin Trenberth | The announcement of a partnership between the government and the world’s biggest investment manager BlackRock in a NZ$2 billion climate infrastructure fund suggests the company is expecting renewable energy in New Zealand to increase its own profitability.
$2 billion climate fund to back 100% renewable electricity
9 Aug 2023
Investment giant BlackRock has announced a $2 billion climate infrastructure fund in New Zealand to unlock investment to support 100% renewable electricity generation.
What would it look like for the NZ ETS to be aligned with 1.5C?
9 Aug 2023
By Christina Hood | The government needs to prioritise gross reductions in long-lived gases much faster to be consistent with 1.5C of warming - with a 90% reduction in gross emissions needed by 2050.
Investment positive - but still hurdles to overcome to reach renewable electricity target
9 Aug 2023
By Ralph Sims | It’s been a good week for encouraging the uptake of renewable electricity generation in order to get closer to the Government’s 100% target by 2030.
NZ First would reverse ‘treasonous’ refinery closure
8 Aug 2023
New Zealand First would reopen the refinery at Marsden Point as the closure was “economic treason”, Party leader Winston Peters said.
Govt refers wind and solar developments for fast-tracked consenting
8 Aug 2023
The government is fast-tracking nine solar power projects and three wind farm projects, with the combined projects potentially generating nearly four times the output of the Clyde Dam.
Best by the rest...
4 Aug 2023
In our weekly round-up of the best climate coverage in local media: Experts say the ETS emphasising indigenous forests would benefit public health; Is carbon capture an option for Huntly? And does National’s transport plan add up?
NZ needs better emissions data: research
3 Aug 2023
New research shows that New Zealand isn't doing enough to keep track of greenhouse gas emissions and climate change mitigation, with lacking data and modelling capacity in some sectors.
UK's North Sea move shows tensions between energy security, climate
3 Aug 2023
The United Kingdom now finds itself at the epicenter of global tensions between energy security and lofty climate goals, which are playing out ahead of the COP28 conference in Dubai.
Energy Council releases wish list for the next govt
31 Jul 2023
The BusinessNZ Energy Council says the next government should set long-term energy goals and stick to them - without reactive kneejerk policy changes.
Z’s parent company predicts “robust” fossil fuel demand for next 10 years
31 Jul 2023
Demand for petrol retailers will remain high into the 2030s in New Zealand – years after some countries have banned the sale of fossil fuel vehicles, an energy giant predicts.
NZGIF invests $15m in Lodestone Energy for five solar farms
27 Jul 2023
Media release - NZGIF will supply up to $15m in working capital to Lodestone Energy, to further support the construction of five solar farms in New Zealand.
Climate extremes make NZ’s supply chains highly vulnerable – it’s time to rethink how we grow and ship food
26 Jul 2023
By Alan Renwick | Supermarket customers around New Zealand are noticing gaps in the grocery aisles that have nothing to do with the global pandemic or Ukraine war.
Additional funding for energy centre
25 Jul 2023
The government has announced an additional $70 million of funding for Ara Ake future energy centre over ten years.
Greens and NZ First launch election campaigns
24 Jul 2023
The Greens and NZ First were the first parties to officially launch their election campaigns over the weekend, with the climate crisis a core part of the Greens campaign - while it got only a passing mention at the NZ First launch.
RMA reform bill makes progress in Parliament
24 Jul 2023
Resource management law reform bills completed their second readings in Parliament last week with Labour on track to pass them with Green Party support and National and Act adamant they will repeal them before Christmas if elected to government.
Annual emissions fall
21 Jul 2023
Greenhouse gas emissions fell 3.1% (2,369 kilotonnes) for the year to December 2022, according to new figures from Stats NZ.
Govt gives Fonterra $90 million as part of $790 million spend to cut coal
20 Jul 2023
The government is giving Fonterra $90 million as part of a $790 million investment to cut coal use at six of its dairy factories.
Oil and gas reserves decline along with use
18 Jul 2023
The latest data on oil and gas reserves forecasts that gas production is expected to drop below 2022 gas use of 145 petajoules in 2027, unless existing fields have further investment and development.
High Court orders govt to review ETS settings
17 Jul 2023
By Liz Kivi | The government will be forced to review Emissions Trading Scheme settings, after climate activist lawyers won a High Court case arguing the decision-making process for the December 2022 regulations was flawed.
Govt funding for low-emissions marine and off-road vehicles
17 Jul 2023
The government has announced $6.4 million of funding towards low-emissions marine and off-road vehicles, which will lead to a further $18.2 million from businesses transitioning to clean energy transport.
Market for clean energy minerals surges to $320 billion: International Energy Agency
13 Jul 2023
The market remains vulnerable to volatile prices, supply chain snarls and geopolitical tensions despite soaring demand.
China power plants beef up production amid surging electricity demand
13 Jul 2023
Power plants have ramped up efforts to secure electricity supply, including increasing output at coal-fired power plants, in response to the surging demand due to a prolonged heat wave.
Sustainable aviation fuel funding is govt “greenwash”: fuel expert
10 Jul 2023
By Liz Kivi | A former senior oil executive says that the government and Air New Zealand investing more than $2 million in research into sustainable aviation fuel is a blatant greenwashing tactic.
Major energy policy papers delayed
10 Jul 2023
Clashes between different streams of advice and political imperatives have been blamed for the delay in the release of four important energy policy papers last week.
Govt moves to phase out coal boilers
3 Jul 2023
The government is following through on its promise to ban new coal boilers and to phase out existing ones by 2037.
Emissions down 9% in Wellington region
28 Jun 2023
Greenhouse gas emissions in the Wellington region fell by 9% since 2019, according to a new report.
NZ fails to sign up to energy efficiency goals
19 Jun 2023
New Zealand was not among the governments that signed up for higher energy efficiency goals at an International Energy Agency conference.
Vast fossil fuel and farming subsidies causing ‘environmental havoc’
19 Jun 2023
World Bank says subsidies costing as much as $23m a minute must be repurposed to fight climate crisis.
Peak oil demand "on the horizon"
19 Jun 2023
The International Energy Agency sees global oil demand growth slowing "markedly" in coming years, with a peak "on the horizon."
Lake Onslow pumped hydro could cut consumers' power bills: report from Environment Commissioner
16 Jun 2023
The Parliamentary Commissioner for the Environment is calling for a more “robust debate” on how we decarbonise New Zealand’s electricity system, which is set to cost the country billions.
Drastic emission reductions from coal, gas, and electricity
15 Jun 2023
Greenhouse gas emissions from electricity generation are at multi-decade lows, while emissions from oil, gas, and coal are all down from 2019 highs.
China carbon goals, green transition within reach
15 Jun 2023
China is capable of achieving net-zero greenhouse gas emissions ahead of schedule while further accelerating the global transition to a low-carbon energy structure, as the country's non-fossil fuel energy sources have exceeded 50 percent of its total installed electricity generation capacity, industry experts said.
Shell maintains oil output levels, sparking outcry
15 Jun 2023
Shell plans to maintain oil production levels until 2030, the British energy giant says, triggering an outcry from green campaigners who also slammed a big payout for shareholders.
US House passes bill to block federal gas stove ban
15 Jun 2023
The House passed bipartisan legislation to prevent the US federal government from banning gas stoves — the latest Republican bid to stop what they say is the Biden administration’s anti-fossil fuel agenda.
Fifty years of observations, no reversal of glacier climate damage
31 Mar 2026
Media release: Earth Sciences New Zealand | Fifty years on from the first aerial survey of our Southern Alps glaciers, late snow and variable summer weather delivered a temporary reprieve from rapid ice loss, says Earth Sciences New Zealand.
Climate experts say spring is coming earlier. How will that affect agriculture and ecosystems?
Today 10:45am
An earlier spring affects when migratory birds arrive, leaves emerge, and fruit ripens — among plants and animals that determine ecosystem health.
$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.
Signs of jet fuel hoarding emerge in Asia on Iran oil shock
26 Mar 2026
Signs are growing that Asian countries are hoarding jet fuel after the Iran war sent oil prices surging, reflecting growing strain on the aviation industry.
New protections for NZ migratory species under UN convention
Thu 2 Apr 2026
By Shannon Morris-Williams | New international protections for migratory species, including several found in New Zealand, are a positive step – but global protections won’t halt the decline of migratory species on their own, experts say.
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.
Supply-side pressures and political uncertainty ahead for carbon market
Today 10:45am
By Kristen Green | ANALYSIS: With failed auctions, a surge of new forestry registrations, and an election a few months away, the NZ ETS in 2026 will be subject to a mix of supply-side pressures and political uncertainty.
Fast-track approved project could deliver NZ’s largest wind farm
Today 10:45am
Media release: New Zealand Government |Fast-track approval has been granted for New Zealand’s largest wind farm project.
Economic contraction will impact carbon market
Wed 1 Apr 2026
By Liz Kivi | While higher fossil fuel prices strengthen the long-run economics of decarbonisation, the current fuel crisis won’t inspire near-term confidence in the carbon market, according to Lizzie Chambers of Carbon Match.
Asia ramps up use of dirty fuels to cover energy shortfall triggered by Iran war
Thu 2 Apr 2026
South Korea will delay the shutdown of coal-fired plants, while the Philippines also plans to boost the output of its coal-burning plants
Death toll in Afghanistan flooding increases to 28, authorities say
Wed 1 Apr 2026
Afghan authorities said Monday that the death toll from severe weather that has struck swathes of the country over the past four days has increased to 28, with 49 people injured. Dozens of people have died from extreme weather in the country so far this year.
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.
Carbon price: Ups and downs amid geopolitical uncertainty
26 Mar 2026
By Liz Kivi | After ups and downs in recent weeks, the carbon market again broke above the $40 mark this week, with questions around how the Middle East conflict will play out weighing on market confidence.
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.
A matter of strategy
Today 10:45am
COMMENT: Even on the brink of a global commodities crisis, the possibilities for climate action aren't hopelessly foreclosed. Strategy can turn our fortunes around, writes David Hall.
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.
Wellington planting nears one million trees
30 Mar 2026
By Shannon Morris-Williams | Greater Wellington’s parks restoration programme will hit one million native trees this year, with the first dams to rewet peat wetlands in Queen Elizabeth Park now completed after a years-long effort to bring these ecosystems – and their carbon sequestering superpowers – back to life.
Labour mulls GIDI 2.0 as factory closures mount
Wed 1 Apr 2026
By Pattrick Smellie | Factory closures across the country could have been prevented if the last Labour-led government’s GIDI fund to assist companies with the cost of electrification hadn't been scrapped, Labour energy spokesperson, Megan Woods, says.
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.”
FMA to ease conditions for green bond issues
31 Mar 2026
By Pattrick Smellie | Green, social and sustainability-linked bonds will face lower disclosure requirements and regulatory costs under a class exemption newly granted by the Financial Markets Authority.
Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row
Thu 2 Apr 2026
By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.
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.
NZ prepares to join ‘gold rush’ for white hydrogen
25 Mar 2026
By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.
Media round-up
20 Mar 2026
In our round-up of climate coverage in local media: Crown lawyers agree High Court could quash emissions plan if found unlawful; NZ is locked in 'disaster inertia'; and climate change is notably absent from new development laws.
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.
Lawyers complain to ombudsman over Govt failure to release LNG modelling
Wed 1 Apr 2026
By Liz Kivi | Lawyers for Climate Action has made a formal complaint to the Ombudsman over the Government’s failure to release information about its controversial decision to build a LNG import terminal.
Cleantech expo coming to Auckland
26 Mar 2026
New Zealand’s first national cleantech expo is set to bring together 30 innovators, in what organisers say is the country’s fastest growing area in the tech sector.
NZ First targets regional share of mining royalties
30 Mar 2026
By Shannon Morris-Williams | New Zealand First has proposed returning 50% of mining royalties to regional communities, saying that too much of the value from resource extraction is currently flowing to Wellington.
Tuvalu prioritises climate change in agreement with NZ
27 Mar 2026
By Liz Kivi | New Zealand has pledged an additional $20 million to climate resilience work in Tuvalu, more than doubling Aotearoa's aid to the tiny island nation in the current financial year.
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.
Worst in a generation: Environmentalists slam fisheries reform bill
25 Mar 2026
Media release: Greenpeace | The Fisheries Amendment Bill, which will likely have its first reading in parliament this week, is being labelled the worst fisheries policy in a generation by environmental groups who are calling for it to be rejected to protect ocean health.
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?
Watts’s last stand: Simeon Brown takes energy portfolio
Thu 2 Apr 2026
By Pattrick Smellie | Energy Minister Simon Watts has lost the portfolio to Cabinet fixer Simeon Brown in a reshuffle announced by Prime Minister Christopher Luxon this morning.
Activists occupy controversial gold drilling site
25 Mar 2026
By Max Frethey, Local Democracy Reporter | Opposition in Golden Bay to a controversial gold mine at Sams Creek has flared up over the weekend after several activists briefly occupied a drilling site.
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.
Media round-up
Thu 2 Apr 2026
In our round-up of climate coverage in local media: The widening political gap is deepening cracks in NZ's climate consensus, Christchurch recorded more than 30,000 extra cycling trips over two weeks, and is the energy crisis a renewable inflection point?
Sci-tech prioritisation report is a joke that could cost NZ dearly, says NZ Association of Scientists
Thu 2 Apr 2026
Media release: New Zealand Association of Scientists | The Prioritisation Report released yesterday by the Prime Minister’s Science Innovation and Technology Council makes a poor case for further cuts and changes to our research system.
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.
AI’s arrival complicates Big Tech climate goals, and some worry it’s locking in more fossil fuels
Thu 2 Apr 2026
Six years ago, Google was confident that by 2030 it would power all operations with electricity generated from clean sources, including wind and solar power, and remove as much pollution as it produced. Today it calls those goals a “moonshot.” Microsoft says it’s still aiming to remove more carbon than it creates by 2030 but now describes the effort as “a marathon, not a sprint.”
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.
Fuel crisis powers surge in EV interest in Asia-Pacific region
Today 10:45am
Motorists across the Asia-Pacific region are switching to electric vehicles at a rapid pace, as rising fuel costs due to the Middle East war force consumers and companies to reconsider their reliance on petrol and diesel vehicles.
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.
Dairy farmers' lack of climate action 'even bleaker' than water inaction – Upton
Wed 1 Apr 2026
By Shannon Morris-Williams | Government projections for cutting agricultural emissions are being undermined by low farmer uptake, with the Parliamentary Commissioner for the Environment warning the country is relying on “heroic” assumptions to meet its methane targets.
AI tool predicts wildfire danger faster than current systems
26 Mar 2026
Media release | A wildfire forecasting system powered by artificial intelligence could help detect dangerous fire conditions earlier and reduce the cost of wildfire response, according to new research from Te Whare Wānanga o Waitaha | University of Canterbury.
Record wind output helps shield the UK from worst of Iran war fallout
Wed 1 Apr 2026
Record output from wind farms has helped boost total clean power supplies in the United Kingdom to new highs so far in 2026, and allowed power firms to pare use of fossil fuels to multi-year lows.
