Topics tagged with 'Energy'
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.
Flick flicked on
20 May 2025
There is a certain irony that one of the most vocal and public critics of the gentailers and the electricity market – Flick Electric – has been taken over by the largest gentailer – Meridian Energy.
Australia is unlikely to hit its renewable energy goal, Wood Mackenzie says
20 May 2025
Australia is set to fall far short of its target of 82% renewable generation by 2030 due to state-level rollbacks, grid connection delays and inadequate investment, consultancy Wood Mackenzie said on Thursday.
Transpower will keep gas and carbon trading platform
19 May 2025
Transpower will continue to own and operate its gas and carbon trading platform emsTradepoint for the foreseeable future, it announced this morning.
Nature is not an economic handbrake: Environmental Defence Society
16 May 2025
Nature is not a handbrake on economic growth – the two must go hand in hand, attendees heard on the final day of the Environmental Defence Society’s Dollars and Sense conference this week.
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.
Clean energy just put China’s CO2 emissions into reverse for first time
16 May 2025
For the first time, the growth in China’s clean power generation has caused the nation’s carbon dioxide (CO2) emissions to fall despite rapid power demand growth.
What is life like in the shadow of solar farms?
15 May 2025
Plans to turn land being used for the production of food into farms harvesting the power of the sun often see campaigns fought through the planning process.
Greens promise to rapidly reduce emissions in new Green Budget
14 May 2025
By Shannon Williams | The Green Party has unveiled its alternative Green Budget, promising bold investments to tackle the climate crisis and deliver cleaner air, water, and soil.
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.
Ampol exits retail electricity, Meridian takes on customers
14 May 2025
Media release | Meridian Energy Limited (Meridian) has entered into an agreement with Z Energy (100% owned by Ampol Limited (Ampol) (that will see Flick and Z Energy customer contracts and the related hedge book move to Meridian.
Coal India to set up $3 billion worth clean energy projects to boost renewable heft
14 May 2025
The world’s largest government-owned coal producer will set up clean energy projects of around 4.5 gigawatts at a cost of 250 billion rupees (about $3 billion), it said on Thursday, as it aims to achieve net zero carbon emissions from its operations.
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.
Govt pledges to slash building emissions
8 May 2025
The government is signing up to an international agreement aimed at decarbonising the building and construction sector in line with limiting global warming to 1.5 degrees.
NZ could ditch 8 million fossil fuel machines right now to slash emissions
7 May 2025
The majority of the country’s ten million fossil fuel machines could be replaced cost-effectively with electric equivalents right now, new research from Rewiring Aotearoa has revealed.
Green Party plans to bring back industry decarbonisation fund
6 May 2025
The Greens want to bring back the Government Investment in Decarbonising Industry (GIDI) Fund and use it to kickstart sustainable forestry for building and fuel.
Genesis reports rising coal, declining gas
2 May 2025
Talks about the future of the third Rankine unit at Huntly continue as Genesis reported a third quarter result that showed the rise of coal and the decline of gas.
Energy sector urged to act early to cut risks, build winter buffer
1 May 2025
Transpower has clarified the process for accessing emergency hydro storage ahead of winter 2025, responding to concerns about New Zealand’s security of electricity supply amid a historically dry start to the year.
EECA and Centre for Sustainable Finance partner to unlock private capital for clean energy
1 May 2025
Media release | The Centre for Sustainable Finance: Toitū Tahua (CSF) and EECA (Energy Efficiency and Conservation Authority) have, today, announced a strategic partnership to accelerate private investment in New Zealand’s energy transition. This collaboration aims to address barriers to financing renewable energy projects and energy efficiency projects.
MEUG welcomes the launch of the Energy Transition Framework
30 Apr 2025
Media release | The Framework brings together generation, retail, the local lines companies and national grid operator Transpower to navigate toward a low-carbon electrified future.
Massive power outage in Spain and Portugal leaves thousands stranded and millions without light
30 Apr 2025
An unprecedented blackout brought much of Spain and Portugal to a standstill Monday.
Govt announces plan for EV chargers
28 Apr 2025
The government has opted for a model based on the ultra-fast broadband rollout to boost electric vehicle charger numbers.
Environmental lawyers get ready to pounce on Trump’s energy deregulation moves
24 Apr 2025
U.S. environmental groups say they are hiring lawyers and preparing for a major legal showdown with President Donald Trump's administration over its rapid-fire and sweeping efforts to sidestep federal regulations on oil, gas and coal development.
Govt can auction more carbon credits: Commission’s advice
23 Apr 2025
The Climate Change Commission says that ‘surplus’ pollution permits in the market have dropped more quickly than expected, so the government could auction 14 million additional NZUs to 2030.
NZ provides $10 million boost to Vanuatu's renewable energy efforts
17 Apr 2025
New Zealand is boosting support to Vanuatu to recover from last year’s earthquake and develop its renewable energy sector to the tune of NZ$10 million.
Pacific families on the food scraps revolution – and how to avoid maggots
16 Apr 2025
By Mary Afemata, Local Democracy Reporter| Tomato crops are thriving in Reporoa, powered by what Aucklanders are throwing in their green bins.
NZ's emissions fell 2% in 2023 - latest GHG inventory
15 Apr 2025
Aotearoa New Zealand’s gross greenhouse gas emissions reduced by 2% in 2023, according to the latest greenhouse gas inventory.
Procurement changes "backward" – Green Building Council
15 Apr 2025
Removing procurement requirements for independent sustainability and energy efficiency benchmarking is a backward step, and fails to consider the impact of the changes, according to The New Zealand Green Building Council.
Environmental summit to tackle costs of economic reform
14 Apr 2025
As the government pushes ahead with sweeping reforms to unlock economic growth, the upcoming Environmental Defence Society annual summit will ask a critical question: at what cost?
Australia: Coalition clarifies commitment to Paris Agreement after confusion on climate targets
14 Apr 2025
The federal Coalition has clarified it remains committed to the Paris climate accord, despite earlier comments from the shadow energy minister indicating it could leave the agreement.
US: New energy order puts states’ climate laws in the crosshairs of the Department of Justice
14 Apr 2025
A new executive order from President Donald Trump that’s part of his effort to invigorate energy production raises the possibility that his Department of Justice will go to court against state climate change laws aimed at slashing planet-warming greenhouse gas pollution from fossil fuels.
Emissions down but reductions have slowed
10 Apr 2025
While New Zealand’s greenhouse gas emissions dropped 11% in the past five years, reductions have slowed down, with only a 1% drop from 2023 to 2024.
Experts slam govt decision to wind down green investment bank
9 Apr 2025
The government’s move to scrap its green investment bank is a step backwards for emissions reductions and doesn’t stack up with the National Party’s economic and energy transition strategies, according to sustainable finance experts.
Can the future of energy be affordable, secure and sustainable?
9 Apr 2025
Media release | Global experts are coming together to address the challenge of creating energy solutions that are both sustainable and achievable by 2050.
Power-sector CO2 hits ‘all-time high’ in 2024 despite record growth for clean energy
9 Apr 2025
Emissions from the sector increased by 1.6% year-on-year, to reach a record high of 14.6bn tonnes of carbon dioxide (tCO2).
Labor’s home batteries policy could help Australians who will never take it up. Here’s how
9 Apr 2025
The government’s promise to slash the cost of household batteries should be welcomed – it could drive a change that benefits everyone who uses the power grid.
Trump’s tariff tantrum won’t stop the global energy transition
9 Apr 2025
Trump has such a passion for tariffs he even imposed them on Antarctic islands – home only to penguins, who presumably pose a grave threat to American industry.
ETS stockpile up nearly 7 million
8 Apr 2025
The stockpile of privately held Emissions Trading Scheme pollution permits increased 6.7 million to 157.1 million units in the three months to March 31, according to figures released by the Environmental Protection Authority yesterday.
Avoiding a repeat of winter 2025
8 Apr 2025
An analysis predicts that there is a strong probability the electricity sector will get through this winter without any generation shortfalls and avoid the wholesale price excesses of last year - if all goes to plan and diesel is not required for extended periods.
Biofuels key to food security and shipping resilience for NZ
7 Apr 2025
By Shannon Williams | Aotearoa New Zealand's reliance on imported fossil fuels poses significant risks for food security and shipping resilience in the face of global catastrophes, according to experts speaking at a recent webinar on biofuel self-sufficiency.
Finland's last active coal-fired power and heat plant shuts down
7 Apr 2025
Finland's last coal-fired power and heat plant in active production will shut down permanently on Tuesday, enabling Helsinki energy group Helen to cut its emissions and put an end to rising energy costs for its customers, its chief executive said.
Construction starts on New Zealand’s largest solar farm
4 Apr 2025
Media release | Construction on New Zealand’s largest solar farm project has officially begun at Te Aroha in Waikato, marking a significant milestone for the country’s renewable energy future.
Risky business – banks must consider climate risks, commissioner says
3 Apr 2025
Banks considering climate risks is prudent business practice, not just environmental activism, according to Parliamentary Commissioner for the Environment Simon Upton.
Meridian set to build its first solar farm as Genesis stockpiles coal
2 Apr 2025
Meridian Energy is set to start construction on its 130MW Ruakākā Solar Farm south of Whangārei in August 2025, with the project receiving a final investment decision and construction approval from the Meridian Board.
Disaster as Trump’s energy policy totally disregards climate change
2 Apr 2025
COMMENT: Energy — where we get it, how we use it and what it costs — is fundamental to the quality and stability of modern life. It influences virtually everything we do and affects everything we hope to have in the future.
Hawke's Bay Schools Climate Change Challenge now open
1 Apr 2025
Media Release │ Hawke’s Bay Regional Council has announced the launch of the Hawke’s Bay Schools Climate Change Challenge, open to all schools across the region.
Trump administration cancels clean energy grants as it prioritises fossil fuels
1 Apr 2025
President Donald Trump’s administration is terminating grants for two clean energy projects and roughly 300 others funded by the Department of Energy are in jeopardy as the president prioritises fossil fuels.
Economy and climate go hand in hand – minister
31 Mar 2025
Growing our economy and reducing climate emissions go hand in hand, says Minister of Climate Change Simon Watts.
Is NZ heading towards another energy crunch?
28 Mar 2025
The major gentailers all put forward positive cases at last week’s Downstream conference that they had done all they could to avert a potential energy shortage this winter.
Govt doubles smelter’s carbon subsidy against official advice
27 Mar 2025
By Shannon Williams | The government has increased the New Zealand Aluminium Smelter's free carbon allowance, ignoring official advice to boost the subsidy by a lower amount.
As the sea level rises, who will pay? Councils seek answers
Tue 15 Jul 2025
By David Hill, Local Democracy Reporter | North Canterbury's councils are seeking guidance from Government over who pays for protections from sea level rise, flooding and weather events.
Farmers slam proposed guidelines for sustainable finance
Today 11:30am
By Liz Kivi | Federated Farmers is calling on the government to scrap its proposed framework for ‘green’ finance, saying it is ideologically driven, unworkable, and risks harming rural communities.
NZ Post drops science-based climate target
8 Jul 2025
By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.
Nations agree to tax premium flyers, private jets
2 Jul 2025
A group of countries, including France, Kenya, Spain and Barbados, pledged on June 30 to tax premium-class flying and private jets in a bid to raise funds for climate action and sustainable development.
Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’
Fri 11 Jul 2025
In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.
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.
CARBON PRICE: NZUs $57.33
Today 11:30am
The Carbon News NZU Index closed at $57.33 yesterday, up 17 cents on the previous day's close.
Indigenous elders lose landmark climate battle against Australian government
Today 11:30am
The Australian government has won a landmark climate case against residents of islands under siege from the impacts of climate change.
Bearish sentiment lingers for carbon market
Fri 11 Jul 2025
By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.
EU wants to see China take more ambitious climate action
Tue 15 Jul 2025
The world needs China to show more leadership on climate action, highlighting the importance of cutting planet-heating emissions and reducing the Chinese economy's reliance on coal.
NZ voluntary carbon market’s sad state
Mon 14 Jul 2025
By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.
Common low-grade clay strengthens low-carbon concrete
5 Jun 2025
Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.
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.
Key orange roughy population on verge of collapse, govt considers closure
9 Jul 2025
Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.
Govt announces $600k package for flood-affected farmers in Nelson Tasman
Today 11:30am
The government has announced a $600,000 support package for flood-affected farmers in the Nelson Tasman Region, a move Federated Farmers says is a lifeline.
Latest trawl bycatch numbers 'a grim wake-up call'
24 Jun 2025
Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.
Foresters seek time; end to using ETS as a land use tool
Today 11:30am
By Pattrick Smellie | Production and carbon forestry owners have begged the environment select committee to at least give the sector more time to come up with workable rules for legislation intended to cap forest planting on farmland.
Climate backtracking could impact trade relationships: Labour
9 Jul 2025
By Liz Kivi | Labour Party Energy spokesperson Megan Woods says the government needs to be upfront about how its energy policies will impact trade relationships, following revelations New Zealand was warned by other governments that backtracking on climate policies jeopardised its membership of an international alliance.
Watts talks big on energy reform, but barriers persist
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.
Debanking bill 'financially dangerous'
Tue 15 Jul 2025
By Shannon Morris-Williams | A private member’s bill aiming to stop financial institutions from considering ESG factors has been slammed by leading investment groups, legal experts, and climate finance advocates as misguided, financially dangerous, and legislative overreach.
4000 hectares of forest uprooted by extreme winds in Nelson-Tasman storms
Tue 15 Jul 2025
By Liz Kivi | Foresters are facing a massive clean-up and tens of millions of dollars worth of damage from recent climate change-fuelled storms at the top of the South Island, with initial reports of 4000 hectares of wind-thrown production forestry.
Can you trust climate information? How and why powerful players are misleading the public
Fri 11 Jul 2025
The climate crisis is more urgent than ever, so why is there a disconnect between stated policies and actual practices?
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.
Electric firebricks: decarbonising high-temperature industrial heat
13 Jun 2025
By Ian Mason | A new technology could offer a more cost-effective solution than hydrogen to decarbonise one ‘hard-to-abate’ sector of New Zealand’s economy, as well as having ample potential for demand response as the electricity grid becomes more renewable.
‘Significant gaps’ in proposed approach to climate adaptation
Thu 10 Jul 2025
A new report into climate adaptation doesn’t suggest how development in high-risk areas should be avoided - an issue that needs urgent action with thousands of homes still being built in hazardous areas, according to the Environmental Defence Society.
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.
In Latin America, the energy transition stirs a rise in human rights lawsuits
8 Jul 2025
A new report shows that more than half of the 95 energy transition-related lawsuits recorded globally since 2009 took place in Latin America and the Caribbean.
Clear-sighted view to trade-offs crucial to reimagining our relationship with the land
7 Jul 2025
By Nick Swallow | COMMENT: New Zealand could see a 70% drop in the value of dairy land if we pursue our emissions targets for agriculture, according to a new report.
Unlocking economic growth on conservation land
9 Jul 2025
Media release - New Zealand Government | A targeted effort to reduce the backlog of applications for use of conservation land is accelerating economic growth without compromising conservation values, says Conservation Minister Tama Potaka.
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.
Millions of tons of tiny plastic particles are polluting the ocean, study finds
Tue 15 Jul 2025
At least 27 million tonnes of nanoplastics are estimated to be floating in the North Atlantic Ocean, weighing more than all wild land mammals combined.
'Back-to-basics' approach for councils ignores climate risk
Fri 11 Jul 2025
By Shannon Morris-Williams | While ACT is standing local government candidates to oppose councils' attempts to manage emissions and ministers are calling for local authorities to 'get back to basics' - or even suggesting scrapping regional councils altogether - one expert says this narrative is putting communities at risk in the face of climate change.
Markets aren't going to save us – Carr
9 Jul 2025
By Shannon Morris-Williams | Consumerism is reaching its ecological and economic limits, and only systemic change - not market tweaks - can steer us away from climate catastrophe, according to former Climate Change Commission chair Rod Carr.
Microplastics found in sand on dozens of NZ beaches
4 Jun 2025
Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.
Feedback sought on national fuel security plan
Today 11:30am
Media release - Beehive: The Coalition Government is seeking feedback on a draft Fuel Security Plan that provides a long-term strategy to ensure New Zealanders have reliable access to fuel in times of domestic and global disruption, Associate Energy Minister Shane Jones says.
US: Why the federal government is making climate data disappear
Today 11:30am
Under Trump, climate denial has given way to something even more dangerous: climate erasure.
UK: Thousands lobby MPs to demand climate action
Thu 10 Jul 2025
More than 5,000 people from across the UK arrived in Westminster on Wednesday to meet their MPs and demand urgent climate action to protect their communities.
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.
More choices for how we use, buy and sell electricity – and lower our power bills
Today 11:30am
Media release – Electricity Authority | New Zealanders will have more choices for how they use, buy and sell electricity – so they can lower their power bills – because of new market rules confirmed today by the Electricity Authority Te Mana Hiko (the Authority).
Researchers unveil new tools to accurately track methane emissions
Mon 14 Jul 2025
Breakthrough methane monitoring tools developed by Earth Sciences New Zealand are set to transform how farmers, landfill operators, and wastewater facilities track and tackle their methane emissions.
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".
Kiwi ‘smart panel’ startup aiming to reduce energy bills and emissions
4 Jul 2025
NZ start-up Basis this week launched an ‘intelligent’ panel to replace traditional electrical switchboards in homes, which it says can save the average home $1,200 NZD annually on bills and lead to lower emissions.
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.
Fast, sustained phase-out of fossil fuels: best-performing countries in coal and transport sectors
Thu 10 Jul 2025
By Robert McLachlan | It’s true that climate change is getting worse – it will continue to get worse until emissions fall to near zero. But is action on phasing out fossil fuels really stalling?
UN Human Rights Council fails to call out fossil fuels after decision cuts mention
Fri 11 Jul 2025
A proposal by the Marshall Islands and Colombia calling for a transition away from fossil fuels at the UN Human Rights Council failed to make it into the council’s declaration on climate change and human rights issued on Tuesday.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
The struggle for control of the Arctic is accelerating - and it's riskier than ever
Fri 11 Jul 2025
As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.
UN University report warns against carbon credits from REDD, tree planting, and improved forest management
13 Jun 2025
But the report stops short of recommending banning the trade in carbon temporarily stored in trees.
For the first time, China invests more in wind and solar than coal overseas
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.
