Topics tagged with 'Energy'
Fossil-fuel shares fall while clean energy is on the rise
1 Apr 2021
The value of share offerings in fossil fuel companies has dropped by almost 20 per cent since 2012, while low-carbon companies gained ground in a shift towards clean energy, a report by think-tank Carbon Tracker show.
'We hear you,' Govt tells worried manufacturers
31 Mar 2021
The country’s largest building company is calling for tariffs to protect local manufacturers from unfair competition from imports with higher carbon footprints – and the Government says it is listening.
Be careful with price controls, says Z
31 Mar 2021
Fuel retailer Z Energy says the Climate Commission’s advice on raising the cost containment trigger price of NZUs risks participants stockpiling NZU, affecting liquidity.
Helping small businesses cut their carbon
31 Mar 2021
Climate Change Minister James Shaw today launched a Climate Change Toolkit which he jokingly said was for the “other 97 per cent” of businesses.
EU experts to say nuclear power is a green investment
31 Mar 2021
Experts tasked with assessing whether the European Union should label nuclear power as a green investment will say that the fuel qualifies as sustainable, according to a leaked document.
How voluntary offsets can help us meet our Paris promise
30 Mar 2021
New Zealand should have a two-pronged voluntary carbon-offsetting framework to boost climate change, a new report says.
Tyre burner cements in emissions cuts
30 Mar 2021
Greenhouse gas emissions at New Zealand’s only cement-manufacturing plant will be cut by 13,000 tonnes a year – and it’s all down to tyres.
Shell to link execs' pay to climate performance
30 Mar 2021
Royal Dutch Shell proposes linking its directors' pay more closely to the group's climate performance and severing the link between bonuses and liquefied natural gas production volumes.
We could be cooking with hydrogen by 2030
29 Mar 2021
New Zealand could start using a hydrogen-blended gas by 2030 and 100 per cent "green" hydrogen by mid-century.
Big methane cut and free public transport needed, expert tells ClimCom
29 Mar 2021
Intergovernmental Panel on Climate Change author Bronwyn Hayward has told the Climate Change Commission its draft recommendations are not ambitious enough and larger cuts need to be made in biogenic methane emissions.
Australia can replace oil & gas with renewables - report
29 Mar 2021
Renewable energy and batteries can secure Australia’s electricity grid as effectively as coal and gas, new research suggests.
Gas-led recovery? Probably not, says AEMO
29 Mar 2021
The Australian Energy Market Operator says gas could disappear from that country's grid because it can't compete with renewables and green hydrogen.
The real reason humans are the dominent species
29 Mar 2021
Energy is the key to humanity's world domination. Not just the jet fuel that allows us to traverse entire continents in a few hours, or the bombs we build that can blow up entire cities, but the vast amounts of energy we all use every day.
Farage...from Ukip leader to green finance spokesman
29 Mar 2021
He has criticised Greta Thunberg for “alarmism” and wind power as “economic insanity”.
Listen to experts on hydrogen, Minister says
26 Mar 2021
Companies getting excited about using hydrogen as a major energy source need to listen to the warnings of experts, the Climate Minister says.
Contact Energy: Hands-off our Ohaaki
26 Mar 2021
Contact Energy wants all revenues from the Emissions Trading Scheme to be ring-fenced for decarbonisation projects.
MERIDIAN: EVs and low-carbon boilers are key
26 Mar 2021
Meridian Energy has come out in favour of a feebate scheme for electric vehicles and government intervention to speed up the conversion of fossil-fuel boilers to electricity.
Most Kiwis don't know how to cut their carbon footprints
25 Mar 2021
Nearly 60 per cent of New Zealanders say they lack the information necessary to change their personal or household carbon footprints.
Small nuclear power plants no use in climate crisis
25 Mar 2021
Claims that a new generation of so-called advanced, safe and easier-to-build nuclear reactors (small nuclear power plants) will be vital to combat climate change are an illusion, and the idea should be abandoned, says a group of scientists.
Climate change benefits include better health, quieter streets, cleaner water
24 Mar 2021
Government must encourage the benefits that come from climate change action, including health improvements, quieter streets, cleaner water and increased biodiversity through more native forests, He Pou a Rangi, the Climate Change Commission, says.
What lobby groups are asking supporters to say
23 Mar 2021
Lobby groups from Greenpeace to the Taxpayers’ Union are encouraging supporters to make submissions on the ClimCom draft report by using their templates and suggested talking points.
Incinerator could go carbon-negative
23 Mar 2021
A waste-to-energy plant in the Norwegian capital could become one of the world’s first carbon-negative incinerators, pending a decision from the European Commission to fund a carbon dioxide capture facility there. Environmentalists, for their part, are yet to be convinced.
Japan and China back coal despite Paris pledges
22 Mar 2021
Japan and China remain among the world’s top coal industry lenders and underwriters, says a report, despite both countries declaring intent ions to go carbon-neutral as part of their commitments to climate target set out in the Paris Agreement.
Industry calls for hydrogen blending into gas
22 Mar 2021
More than 90 energy companies, equipment manufacturers and gas network operators have called on the European Commission to consider hydrogen blending into natural gas for parts of Europe that cannot yet afford a dedicated hydrogen network.
Aviation fuel from food waste could cut emissions
22 Mar 2021
Food waste could be instrumental in producing sustainable aviation fuel, according to a recent study.
EV subsidy plan causes division
19 Mar 2021
Toyota New Zealand will continue to push for financial incentives for those buying electric vehicles when it responds to the ClimCom draft report.
Japan's car--making heavyweights could be facing an electric shock
19 Mar 2021
Japan’s traditional car-making giants need to raise their game in the race to develop pure, battery-driven electric vehicles or risk being left behind by Chinese, American and European producers, analysts are warning.
IEA warns petrol demand may never recover
19 Mar 2021
Gasoline demand may never recover to pre-pandemic levels, the International Energy Agency says, with increased use in developing countries offset by rising fuel efficiency and a switch to electric vehicles in wealthy nations.
Hydrogen losing its lustre - survey
18 Mar 2021
New Zealand business and political leaders are going cool on the idea that hydrogen has a significant role to play in the country’s transition to a carbon-neutral economy.
Australia tells US it's moving to a 'new energy' economy
18 Mar 2021
Scott Morrison has reiterated his intention to reach net-zero emissions “as soon as possible and preferably by 2050”, and transition Australia to a “new energy economy”, in a conversation with Joe Biden’s special presidential envoy for climate, John Kerry.
Carbon pricing driving home renovation
18 Mar 2021
Like other European countries, the Czech Republic’s buildings are in need of renovation. Unlike others, it partly funds renovation programmes with revenues generated from the emission trading scheme, an experiment that could be replicated across the European Union..
First carbon auction clears at $36
17 Mar 2021
The first Government auction of carbon credits today saw all 4.75 million NZUs sell at $36.
TRANSPORT 1: High carbon prices and behaviour change
16 Mar 2021
New Zealand is failing to get transport emissions under control, as latest data shows. Energy expert and IPCC lead author Emeritus Professor Ralph Sims says there is lots we can do, including pushing carbon prices higher.
TRANSPORT 2: Go electriciity, not hydrogen
16 Mar 2021
Green hydrogen is being touted as an alternative to fossil fuels in New Zealand. The Government has invested $8.4 million to explore its potential and $19.9 million in a hydrogen energy facility.
Mercury makes new green bond offer
16 Mar 2021
Renewable energy generator Mercury is offering up to $250 million in Green Bonds for the second year running.
Japanese bank bids for Green Climate Fund partnership
16 Mar 2021
This week’s Green Climate Fund board meeting is set for a showdown over whether to partner with a coal-backing Japanese bank.
NZ's largest wind farm in $3 billion sale
15 Mar 2021
Wind farm developer and operator Tilt Renewables is being split between New Zealand’s Mercury Energy and Australian investors in a $3 billion deal announced to sharemarkets in both countries this morning.
HSBC latest bank to tackle coal financing
15 Mar 2021
HSBC says it plans to ramp up its climate change policies and stop financing coal projects by 2040, as long as shareholders back the move.
EU keeps free credits for industry
15 Mar 2021
The European Parliament has rejected proposals to phase out free carbon dioxide pollution credits for industries covered by the EU’s Emissions Trading System, even as the bloc plans to gradually replace the scheme with a carbon levy at its border.
Our transport emissions hit new high
12 Mar 2021
New Zealand’s transport emissions are at an all-time high.
How heavy bombers hurt the climate
12 Mar 2021
The United States Airforce B-52 bomber that flew over Wairarapa during last month’s air show emitted as much carbon dioxide as 130 average mid-size cars emit per year in New Zealand.
The price of coal weighs heavy on planetary health
12 Mar 2021
The true cost of fossil fuels could be a quarter of the world's' GDP, scientists say.
Appliances should last longer, says UK
12 Mar 2021
Tougher rules are being introduced to make appliances such as fridges, washing machines and TVs cheaper to run and last longer, says the British Government.
Early shut for coal-fired power station
11 Mar 2021
Australia's third-largest power retailer EnergyAustralia will shut its ageing Yallourn coal-fired power station in 2028, four years earlier than previously flagged, stoking concern about electricity supply and price increases.
World’s first low-carbon ship is low on gas
11 Mar 2021
When shipping giant Maersk announced last month it would operate a “carbon-neutral” vessel by 2023, the Danish company committed to using a fuel that’s made from renewable sources, is free of soot-forming pollutants — and is currently in scarce supply.
EU border carbon levy could help poor countries
10 Mar 2021
Europe's future carbon border adjustment mechanism is part of the “new own resources” for the EU budget and must be used to combat global warming across the world, says MEP leading the project.
GENESIS: Reserve price will distort the market
9 Mar 2021
Including a confidential reserve price in next week’s Government auction of carbon credits could distort the carbon market, says one of the country’s largest emitters.
Carbon emissions slow, but not nearly fast enough
9 Mar 2021
Five years after a planet-wide vow to reduce carbon emissions, it happened; in 2020, the world’s nations pumped only 34 billion tonnes of carbon dioxide into the atmosphere, a drop of 2.6 billion tonnes on the previous year.
China to cut energy intensity, but no consumption cap
8 Mar 2021
China will cut energy intensity but has stopped short of setting a cap on energy use in its new development plan.
EU clashes over ‘net’ 2030 climate target
8 Mar 2021
Lawmakers have denounced a “loophole” in the European Commission’s proposed climate target for 2030 and pointed the finger at the EU executive for its hard negotiation style over the EU climate law.
Governments must vote in favour of moratorium on deep sea mining
Tue 29 Jul 2025
Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.
Does NZ need a national incentive scheme for wetlands?
25 Jul 2025
By Liz Kivi | An expert is calling for a national incentive programme to restore New Zealand’s wetlands and wants to stop schemes to drain these vital carbon-sequestering ecosystems.
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.
Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns
18 Jul 2025
Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.
Challenges persist in bid to mine the deep sea, even after boost from Trump
Tue 29 Jul 2025
After years of delay, the deep-sea mining plans of Canadian firm The Metals Company (TMC) now appear to be progressing as it pursues a controversial new path to securing a license to mine in international waters under U.S. jurisdiction.
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 prices slide as market awaits ETS decision
Fri 1 Aug 2025
By Liz Kivi | Volatility has returned to the secondary carbon market, with prices sliding again after plateauing in recent weeks, as the market waits for government decisions on Emissions Trading Scheme settings.
The US is sitting out the most consequential climate summit in a decade. It may offer a victory to China
Fri 1 Aug 2025
The Trump administration fired the last of the US climate negotiators earlier this month, helping cement America’s withdrawal from international climate diplomacy. It may also have handed a huge victory to China.
Bearish sentiment lingers for carbon market
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.
Coal use drove recent emissions increase
Fri 1 Aug 2025
Increased use of coal for electricity generation was a large driver for an increase in New Zealand’s greenhouse gas emissions in the last quarter.
Is extending Huntly power station to 2035 in consumers’ best interest?
22 Jul 2025
By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?
What does 'drier' really mean in 'green' homes?
Fri 1 Aug 2025
Media release - Waipapa Taumata Rau, University of Auckland | Researchers say green-rating systems could improve clarity and effectiveness by explicitly defining ‘drier’ and using two measures of humidity.
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.
NZ voluntary carbon market’s sad state
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.
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.
Warmer than usual weather ahead, wetter in north and east, as La Niña signals strengthen
Fri 1 Aug 2025
Media release – Earth Sciences New Zealand | Seasonal Outlook Climate August to October 2025 suggests warm, damp weather, with La Niña’s possible return.
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.
Wilding pines threaten Molesworth Station
Mon 28 Jul 2025
By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.
Bill to restart oil and gas exploration clears final hurdle
Fri 1 Aug 2025
By Shannon Morris-Williams | The government’s Crown Minerals Amendment Bill is set to become law after passing its third reading in parliament last night, with critics calling it humiliating for the climate minister and an embarrassment to New Zealand's international reputation.
A modest geothermal strategy
Thu 31 Jul 2025
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
European Central Bank to consider 'climate factor' when lending to banks
Thu 31 Jul 2025
The European Central Bank will add climate change considerations to its lending operations from late 2026, raising pressure on banks to channel financing towards greener sectors as the euro zone seeks to reduce its carbon footprint.
NZ part of hidden global deep-sea network beneath the waves
25 Jul 2025
Media release - Earth Sciences New Zealand | A world-first study of marine life, including sea creatures found in New Zealand's dark, cold, pressurised ocean depths, has revealed that deep-sea life is surprisingly more connected than previously thought.
‘Ideological sludge’: How NZ is quiet quitting climate action
17 Jul 2025
New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.
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.
Hiringa eyes green methanol plant near Whanganui
Tue 29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
Climate catastrophes are creating a ‘new market reality’ for insurance carriers
23 Jul 2025
Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.
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.
Multi-day protest continues at coal mine
Wed 30 Jul 2025
Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.
Fund for low emissions transport winds up
Thu 31 Jul 2025
New Zealand’s Low Emission Transport Fund has officially wrapped up, ending a nine-year programme that put hundreds of millions of dollars towards accelerating the country’s shift to cleaner transport.
Last minute change to oil and gas legislation over cleanup costs
Thu 31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
Urgent action needed to get on track for climate goals - commission
25 Jul 2025
By Shannon Morris-Williams | New Zealand is making progress on reducing greenhouse gas emissions, but more work is needed – urgently – to set up for future reductions, according to the latest report from the Climate Change Commission.
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.
Toxic algae are turning South Australia’s coral reefs into underwater graveyards
Tue 29 Jul 2025
Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline.
NZ govt’s fossil fuel plans could break international law
24 Jul 2025
By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.
Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’
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”.
‘Total infiltration’: How plastics industry swamped vital global treaty talks
Mon 28 Jul 2025
Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet.
Activists sue US development bank over $4.6bn loan to massive Mozambique gas project
18 Jul 2025
Environmental groups claim loan is ‘unlawful’ in legal filing.
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.
Tilting at windmills? Trump’s claims about turbines fact-checked
Thu 31 Jul 2025
The US president has taken a swipe at wind power as the blades visible from his Turnberry golf course turn.
Ocean heatwaves may signal climate tipping point
25 Jul 2025
A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.
Climate groups want UK wealth tax to make super-rich fund sustainable economy
17 Jul 2025
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.
Can robot taxis solve NZ's transport woes?
23 Jul 2025
By Shannon Morris-Williams | The Ministry of Transport has tested the idea of driverless taxis as a futuristic fix. But while new modelling explores how "robotaxis" could ease congestion and reduce car ownership, critics say it misses a crucial point – the country’s worsening transport 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.
EV sales fall, but it’s complicated
Tue 29 Jul 2025
Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.
The ICJ’s ruling means Australia and other major polluters face a new era of climate reparations
25 Jul 2025
By Harj Narulla | OPINION: Australia has found itself on the wrong side of history.
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
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.
